Northland Securities Forecasts Fabrinet FY2027 Earnings

Fabrinet (NYSE:FN) – Equities research analysts at Northland Securities issued their FY2027 earnings per share (EPS) estimates for shares of Fabrinet in a report issued on Tuesday, February 3rd. Northland Securities analyst T. Savageaux anticipates that the technology company will post earnings of $14.86 per share for the year. The consensus estimate for Fabrinet’s current full-year earnings is $9.40 per share.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, February 2nd. The technology company reported $3.36 EPS for the quarter, beating the consensus estimate of $3.26 by $0.10. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%.The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $2.61 earnings per share. The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS.

Other analysts also recently issued research reports about the company. Rosenblatt Securities restated a “buy” rating and set a $550.00 target price on shares of Fabrinet in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and set a $540.00 price target on shares of Fabrinet in a report on Tuesday. Wolfe Research upgraded shares of Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 price objective on the stock in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Fabrinet in a research report on Monday, December 29th. Finally, Susquehanna increased their price target on shares of Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Fabrinet has an average rating of “Moderate Buy” and an average target price of $511.11.

Fabrinet Price Performance

FN stock opened at $443.75 on Thursday. The stock has a market capitalization of $15.90 billion, a price-to-earnings ratio of 42.51 and a beta of 1.04. The company has a 50-day moving average of $473.18 and a two-hundred day moving average of $407.47. Fabrinet has a 52-week low of $148.55 and a 52-week high of $531.22.

Insider Transactions at Fabrinet

In other Fabrinet news, Director Homa Bahrami sold 3,500 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $453.75, for a total transaction of $1,588,125.00. Following the sale, the director directly owned 18,316 shares of the company’s stock, valued at approximately $8,310,885. This represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Seamus Grady sold 22,451 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $446.95, for a total transaction of $10,034,474.45. Following the sale, the chief executive officer directly owned 23,573 shares of the company’s stock, valued at approximately $10,535,952.35. The trade was a 48.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 28,151 shares of company stock valued at $12,643,707. 0.24% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Westend Capital Management LLC acquired a new stake in Fabrinet during the 4th quarter valued at $29,000. Root Financial Partners LLC bought a new stake in shares of Fabrinet during the third quarter worth $34,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Fabrinet in the second quarter valued at $35,000. First Horizon Advisors Inc. raised its holdings in shares of Fabrinet by 124.2% in the second quarter. First Horizon Advisors Inc. now owns 139 shares of the technology company’s stock valued at $41,000 after buying an additional 77 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Fabrinet by 118.5% in the second quarter. Cullen Frost Bankers Inc. now owns 142 shares of the technology company’s stock valued at $42,000 after buying an additional 77 shares during the last quarter. 97.38% of the stock is owned by institutional investors and hedge funds.

Fabrinet Company Profile

Fabrinet is a global provider of advanced optical packaging and precision optical, electro‐mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high‐precision fiber alignment, micro‐assembly, testing and diagnostics, and integration of electro‐optic subassemblies.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.