Fabrinet (NYSE:FN) Issues Q3 2026 Earnings Guidance

Fabrinet (NYSE:FN) updated its third quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 3.450-3.600 for the period, compared to the consensus earnings per share estimate of 3.350. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

Analysts Set New Price Targets

FN has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Fabrinet in a research report on Monday, December 29th. Susquehanna raised 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. Northland Securities set a $600.00 target price on shares of Fabrinet in a report on Monday, December 22nd. JPMorgan Chase & Co. increased their price target on shares of Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Finally, Zacks Research downgraded shares of Fabrinet from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $477.13.

Fabrinet Stock Performance

Shares of FN stock traded up $10.39 during trading hours on Monday, reaching $499.83. The company had a trading volume of 1,083,006 shares, compared to its average volume of 694,185. The business has a fifty day moving average price of $471.81 and a 200-day moving average price of $404.81. Fabrinet has a one year low of $148.55 and a one year high of $531.22. The firm has a market cap of $17.91 billion, a PE ratio of 51.48 and a beta of 1.04.

Fabrinet (NYSE:FN) last issued its quarterly earnings data on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.10. Fabrinet had a net margin of 9.77% and a return on equity of 18.16%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.08 billion. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. Equities research analysts forecast that Fabrinet will post 9.4 EPS for the current year.

Insider Buying and Selling at Fabrinet

In other Fabrinet news, CEO Seamus Grady sold 22,451 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $446.95, for a total value of $10,034,474.45. Following the transaction, the chief executive officer directly owned 23,573 shares of the company’s stock, valued at approximately $10,535,952.35. This trade represents a 48.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas F. Kelly sold 2,200 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $464.14, for a total transaction of $1,021,108.00. Following the sale, the director directly owned 18,789 shares of the company’s stock, valued at $8,720,726.46. The trade was a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 28,151 shares of company stock valued at $12,643,707. 0.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Fabrinet

A number of institutional investors have recently bought and sold shares of the stock. Larson Financial Group LLC increased its position in Fabrinet by 25.8% in the third quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock worth $59,000 after buying an additional 33 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Fabrinet during the 3rd quarter valued at approximately $83,000. Employees Retirement System of Texas purchased a new stake in Fabrinet in the 3rd quarter worth approximately $113,000. EverSource Wealth Advisors LLC increased its holdings in Fabrinet by 574.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 533 shares of the technology company’s stock worth $157,000 after acquiring an additional 454 shares in the last quarter. Finally, Cadence Bank bought a new stake in Fabrinet during the 3rd quarter worth approximately $202,000. 97.38% of the stock is owned by institutional investors.

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.