Research Analysts Offer Predictions for Fabrinet Q2 Earnings

Fabrinet (NYSE:FN) – Stock analysts at B. Riley upped their Q2 2026 earnings per share (EPS) estimates for Fabrinet in a research report issued on Tuesday, November 4th. B. Riley analyst D. Kang now expects that the technology company will post earnings of $3.11 per share for the quarter, up from their previous estimate of $2.63. B. Riley currently has a “Neutral” rating and a $220.00 target price on the stock. The consensus estimate for Fabrinet’s current full-year earnings is $9.40 per share. B. Riley also issued estimates for Fabrinet’s Q3 2026 earnings at $3.12 EPS, Q4 2026 earnings at $3.26 EPS, FY2026 earnings at $12.16 EPS, Q1 2027 earnings at $3.30 EPS, Q2 2027 earnings at $3.37 EPS, Q3 2027 earnings at $3.26 EPS, Q4 2027 earnings at $3.30 EPS and FY2027 earnings at $13.24 EPS.

A number of other equities analysts have also recently issued reports on the company. Barclays upped their price objective on Fabrinet from $329.00 to $499.00 and gave the stock an “equal weight” rating in a report on Wednesday. JPMorgan Chase & Co. upped their target price on Fabrinet from $430.00 to $530.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Needham & Company LLC increased their price target on shares of Fabrinet from $440.00 to $540.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Rosenblatt Securities boosted their price objective on shares of Fabrinet from $425.00 to $550.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Fabrinet has a consensus rating of “Moderate Buy” and an average target price of $451.29.

Fabrinet Stock Down 2.9%

FN opened at $447.89 on Friday. The business’s fifty day simple moving average is $389.78 and its 200 day simple moving average is $312.87. Fabrinet has a 52 week low of $148.55 and a 52 week high of $498.00. The stock has a market cap of $16.05 billion, a PE ratio of 46.13 and a beta of 1.05.

Fabrinet (NYSE:FN) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.09. Fabrinet had a net margin of 9.77% and a return on equity of 18.16%. The firm had revenue of $978.13 million for the quarter, compared to analyst estimates of $935.04 million. During the same quarter in the prior year, the firm earned $2.39 EPS. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Fabrinet has set its Q2 2026 guidance at 3.150-3.300 EPS.

Insider Buying and Selling at Fabrinet

In other Fabrinet news, EVP Edward T. Archer sold 3,333 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $354.48, for a total value of $1,181,481.84. Following the completion of the sale, the executive vice president owned 6,644 shares in the company, valued at approximately $2,355,165.12. This trade represents a 33.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Seamus Grady sold 9,513 shares of Fabrinet stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $329.52, for a total value of $3,134,723.76. Following the completion of the sale, the chief executive officer owned 46,024 shares in the company, valued at approximately $15,165,828.48. This represents a 17.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,049 shares of company stock valued at $9,360,401 in the last 90 days. Insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Maseco LLP purchased a new stake in shares of Fabrinet in the 2nd quarter worth about $25,000. Banque Cantonale Vaudoise bought a new position in Fabrinet in the first quarter worth about $29,000. Berbice Capital Management LLC purchased a new stake in Fabrinet in the first quarter worth about $30,000. Private Trust Co. NA boosted its position in Fabrinet by 44.3% during the 1st quarter. Private Trust Co. NA now owns 166 shares of the technology company’s stock valued at $33,000 after acquiring an additional 51 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in Fabrinet during the 3rd quarter valued at approximately $34,000. 97.38% of the stock is owned by hedge funds and other institutional investors.

Fabrinet Company Profile

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.