Northland Securities Lifts Earnings Estimates for Fabrinet

Fabrinet (NYSE:FN) – Stock analysts at Northland Securities increased their FY2027 EPS estimates for Fabrinet in a research report issued on Monday, April 20th. Northland Securities analyst T. Savageaux now anticipates that the technology company will post earnings of $16.82 per share for the year, up from their prior estimate of $15.77. The consensus estimate for Fabrinet’s current full-year earnings is $12.80 per share.

Fabrinet (NYSE:FN) last issued its earnings results on Monday, February 2nd. The technology company reported $3.36 EPS for the quarter, topping analysts’ consensus estimates of $3.26 by $0.10. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.08 billion. Fabrinet had a net margin of 9.69% and a return on equity of 18.69%. The company’s revenue was up 35.9% compared to the same quarter last year. During the same quarter 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.

Other equities analysts also recently issued research reports about the stock. B. Riley Financial boosted their target price on shares of Fabrinet from $366.00 to $452.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Weiss Ratings downgraded shares of Fabrinet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Susquehanna upped their price objective on shares of Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. cut shares of Fabrinet from an “overweight” rating to a “neutral” rating and upped their target price for the company from $530.00 to $700.00 in a report on Thursday, April 16th. Finally, Barclays upped their target price on shares of Fabrinet from $537.00 to $548.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $587.50.

Fabrinet Trading Down 0.0%

Shares of FN stock opened at $689.83 on Thursday. The firm has a fifty day moving average price of $571.44 and a 200 day moving average price of $492.78. The company has a market cap of $24.72 billion, a P/E ratio of 66.08 and a beta of 1.04. Fabrinet has a 12 month low of $190.01 and a 12 month high of $732.12.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FN. Core Wealth Advisors LLC purchased a new position in Fabrinet during the fourth quarter worth about $25,000. Westend Capital Management LLC purchased a new position in Fabrinet during the fourth quarter worth about $29,000. Harbour Investments Inc. raised its holdings in Fabrinet by 75.0% during the fourth quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after purchasing an additional 27 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new position in Fabrinet during the fourth quarter worth about $32,000. Finally, Quarry LP raised its holdings in Fabrinet by 300.0% during the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after purchasing an additional 54 shares in the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

Fabrinet News Roundup

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.