Research Analysts Offer Predictions for Fabrinet Q2 Earnings

Fabrinet (NYSE:FNFree Report) – Northland Capmk lifted their Q2 2026 EPS estimates for Fabrinet in a research report issued to clients and investors on Tuesday, November 4th. Northland Capmk analyst T. Savageaux now anticipates that the technology company will earn $3.09 per share for the quarter, up from their previous estimate of $2.76. The consensus estimate for Fabrinet’s current full-year earnings is $9.40 per share. Northland Capmk also issued estimates for Fabrinet’s Q3 2026 earnings at $3.13 EPS, Q4 2026 earnings at $3.42 EPS and FY2026 earnings at $12.32 EPS.

Other equities analysts also recently issued research reports about the company. Northland Securities set a $550.00 price target on Fabrinet in a research report on Tuesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fabrinet in a report on Wednesday, October 8th. Rosenblatt Securities raised their price target on shares of Fabrinet from $425.00 to $550.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on Fabrinet from $430.00 to $530.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Needham & Company LLC raised their price target on shares of Fabrinet from $440.00 to $540.00 and gave the company a “buy” rating in a report on Tuesday. 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 company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $451.29.

Read Our Latest Report on FN

Fabrinet Price Performance

Shares of NYSE FN traded down $25.15 on Friday, hitting $436.09. The company’s stock had a trading volume of 103,123 shares, compared to its average volume of 703,649. Fabrinet has a 12-month low of $148.55 and a 12-month high of $498.00. The company has a market capitalization of $15.62 billion, a price-to-earnings ratio of 45.28 and a beta of 1.05. The stock has a 50 day moving average of $387.44 and a 200-day moving average of $310.02.

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

Insider Activity

In other news, COO Harpal Gill sold 14,203 shares of Fabrinet stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $355.15, for a total value of $5,044,195.45. Following the completion of the transaction, the chief operating officer directly owned 13,983 shares of the company’s stock, valued at approximately $4,966,062.45. The trade was a 50.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Edward T. Archer sold 3,333 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $354.48, for a total transaction of $1,181,481.84. Following the completion of the transaction, the executive vice president directly owned 6,644 shares in the company, valued at $2,355,165.12. This represents a 33.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 27,049 shares of company stock valued at $9,360,401. Company insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers boosted its position in shares of Fabrinet by 11.6% in the first quarter. Cetera Investment Advisers now owns 13,212 shares of the technology company’s stock worth $2,610,000 after buying an additional 1,368 shares during the period. Atria Wealth Solutions Inc. grew its position in Fabrinet by 40.8% during the first quarter. Atria Wealth Solutions Inc. now owns 5,457 shares of the technology company’s stock valued at $1,078,000 after purchasing an additional 1,582 shares in the last quarter. Private Trust Co. NA increased its stake in Fabrinet by 44.3% in the 1st quarter. Private Trust Co. NA now owns 166 shares of the technology company’s stock valued at $33,000 after buying an additional 51 shares during the period. Canada Pension Plan Investment Board lifted its position in Fabrinet by 76.1% in the 1st quarter. Canada Pension Plan Investment Board now owns 69,400 shares of the technology company’s stock worth $13,707,000 after buying an additional 30,000 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Fabrinet by 13.9% during the 1st quarter. Deutsche Bank AG now owns 51,549 shares of the technology company’s stock valued at $10,181,000 after buying an additional 6,272 shares during the period. 97.38% of the stock is owned by institutional investors and hedge funds.

Fabrinet Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Fabrinet (NYSE:FN)

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