Northland Securities Predicts Fabrinet Q1 Earnings

Fabrinet (NYSE:FN) – Equities researchers at Northland Securities issued their Q1 2027 earnings per share estimates for Fabrinet in a report released on Monday, April 20th. Northland Securities analyst T. Savageaux forecasts that the technology company will post earnings of $3.84 per share for the quarter. The consensus estimate for Fabrinet’s current full-year earnings is $12.80 per share. Northland Securities also issued estimates for Fabrinet’s Q2 2027 earnings at $4.17 EPS, Q3 2027 earnings at $4.36 EPS and Q4 2027 earnings at $4.46 EPS.

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

Several other equities analysts also recently issued reports on the company. JPMorgan Chase & Co. downgraded Fabrinet from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $530.00 to $700.00 in a research report on Thursday, April 16th. Barclays boosted their price objective on Fabrinet from $537.00 to $548.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Zacks Research downgraded Fabrinet from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. B. Riley Financial boosted their price objective on Fabrinet from $366.00 to $452.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Wolfe Research raised Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 target price on the stock in a report on Wednesday, February 4th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Fabrinet currently has an average rating of “Moderate Buy” and an average target price of $587.50.

Fabrinet Trading Down 0.5%

Shares of NYSE FN opened at $691.79 on Wednesday. The stock has a 50 day simple moving average of $566.89 and a 200-day simple moving average of $491.40. The company has a market cap of $24.79 billion, a PE ratio of 66.26 and a beta of 1.04. Fabrinet has a 12-month low of $185.76 and a 12-month high of $732.12.

Institutional Investors Weigh In On Fabrinet

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in Fabrinet by 144.3% during the first quarter. Janney Montgomery Scott LLC now owns 4,684 shares of the technology company’s stock worth $2,443,000 after purchasing an additional 2,767 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in Fabrinet by 7.1% during the first quarter. Pictet Asset Management Holding SA now owns 5,710 shares of the technology company’s stock worth $2,978,000 after purchasing an additional 377 shares in the last quarter. Maridea Wealth Management LLC bought a new stake in Fabrinet during the first quarter worth approximately $204,000. OLD National Bancorp IN bought a new stake in Fabrinet during the first quarter worth approximately $269,000. Finally, Louisiana State Employees Retirement System bought a new position in shares of Fabrinet in the first quarter valued at $5,424,000. Institutional investors own 97.38% of the company’s stock.

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.