Fabrinet $FN Position Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its holdings in Fabrinet (NYSE:FN) by 121.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,704 shares of the technology company’s stock after acquiring an additional 936 shares during the quarter. Farther Finance Advisors LLC’s holdings in Fabrinet were worth $776,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Westend Capital Management LLC acquired a new position in shares of Fabrinet during the fourth quarter valued at $29,000. Root Financial Partners LLC bought a new stake in shares of Fabrinet during the third quarter valued at about $34,000. USA Financial Formulas acquired a new stake in Fabrinet in the fourth quarter worth about $49,000. CI Investments Inc. lifted its holdings in Fabrinet by 40.6% in the third quarter. CI Investments Inc. now owns 149 shares of the technology company’s stock worth $54,000 after purchasing an additional 43 shares during the period. Finally, Larson Financial Group LLC grew its position in Fabrinet by 25.8% in the 3rd quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock valued at $59,000 after buying an additional 33 shares in the last quarter. Institutional investors own 97.38% of the company’s stock.

Fabrinet Stock Down 0.0%

FN opened at $689.83 on Friday. The firm has a market cap of $24.72 billion, a PE ratio of 66.08 and a beta of 1.04. The business has a fifty day simple moving average of $571.44 and a 200-day simple moving average of $492.78. Fabrinet has a fifty-two week low of $190.01 and a fifty-two week high of $732.12.

Fabrinet (NYSE:FN) last announced its earnings results on Monday, February 2nd. The technology company reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.08 billion. During the same period in the previous year, the firm earned $2.61 earnings per share. Fabrinet’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. On average, equities research analysts anticipate that Fabrinet will post 12.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on FN. Barclays raised their target price on shares of Fabrinet from $537.00 to $548.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. lowered shares of Fabrinet from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $530.00 to $700.00 in a research note on Thursday, April 16th. Rosenblatt Securities reiterated a “buy” rating and issued a $550.00 price objective on shares of Fabrinet in a report on Tuesday, February 3rd. Weiss Ratings lowered shares of Fabrinet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Finally, Wolfe Research upgraded Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 target price for the company in a research report on Wednesday, February 4th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $587.50.

Trending Headlines about Fabrinet

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Northland Securities raised its FY2027 EPS estimate to $16.82 (from $15.77) and issued higher quarterly forecasts, signaling stronger earnings power that could support upside. Northland Securities raises estimates
• Positive Sentiment: Zacks upgraded Fabrinet to a Rank #2 (Buy), which may attract buy-side interest and short-term inflows. Fabrinet (FN) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: Analysts and research pieces (Zacks, Yahoo) highlight Fabrinet’s strong earnings‑surprise history and say it is poised to beat again ahead of Q3, supporting expectations for continued outperformance. Why Fabrinet (FN) is Poised to Beat Earnings Estimates Again
• Neutral Sentiment: Retrospective pieces noting strong multi‑year returns (e.g., “If you invested $1,000 in Fabrinet 10 years ago…”) can boost retail interest but are unlikely to move the stock materially by themselves. If You Invested $1000 in Fabrinet 10 Years Ago, This Is How Much You’d Have Now
• Neutral Sentiment: General Zacks coverage that includes Fabrinet in lists of names that could beat earnings raises visibility but is not company‑specific news. These 2 Computer and Technology Stocks Could Beat Earnings
• Negative Sentiment: High valuation (current P/E around 65) and a recent run toward the 1‑year high increase the risk of profit‑taking or a pullback if results or guidance fall short of elevated expectations.

About Fabrinet

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.