B. Riley Analysts Lift Earnings Estimates for Fabrinet

Fabrinet (NYSE:FN - Free Report) - Research analysts at B. Riley upped their Q3 2025 earnings per share (EPS) estimates for Fabrinet in a report issued on Tuesday, February 4th. B. Riley analyst D. Kang now anticipates that the technology company will post earnings of $2.36 per share for the quarter, up from their prior forecast of $2.18. B. Riley has a "Sell" rating and a $178.00 price objective on the stock. The consensus estimate for Fabrinet's current full-year earnings is $9.40 per share. B. Riley also issued estimates for Fabrinet's Q4 2025 earnings at $2.39 EPS, FY2025 earnings at $9.26 EPS, Q1 2026 earnings at $2.37 EPS, Q3 2026 earnings at $2.24 EPS, Q4 2026 earnings at $2.26 EPS and FY2026 earnings at $9.23 EPS.

Fabrinet (NYSE:FN - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The technology company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.10). Fabrinet had a return on equity of 18.48% and a net margin of 10.44%.

Several other equities analysts have also recently weighed in on FN. Barclays cut their price objective on Fabrinet from $292.00 to $245.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 4th. Rosenblatt Securities increased their target price on Fabrinet from $280.00 to $285.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their target price on Fabrinet from $275.00 to $265.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Finally, Needham & Company LLC restated a "buy" rating and set a $280.00 price target on shares of Fabrinet in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $243.29.

Fabrinet Stock Performance

Shares of FN traded down $3.80 during trading hours on Friday, hitting $207.09. 146,400 shares of the company were exchanged, compared to its average volume of 728,015. The company has a market cap of $7.51 billion, a PE ratio of 23.15 and a beta of 0.92. The firm's 50 day moving average is $229.20 and its 200-day moving average is $233.69. Fabrinet has a 52 week low of $159.69 and a 52 week high of $281.79.

Institutional Investors Weigh In On Fabrinet

Large investors have recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC lifted its stake in shares of Fabrinet by 3.2% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 1,375 shares of the technology company's stock valued at $325,000 after acquiring an additional 43 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in shares of Fabrinet by 2.7% in the 3rd quarter. Wolff Wiese Magana LLC now owns 1,765 shares of the technology company's stock valued at $417,000 after acquiring an additional 47 shares during the last quarter. Cynosure Group LLC lifted its stake in shares of Fabrinet by 3.4% in the 3rd quarter. Cynosure Group LLC now owns 1,560 shares of the technology company's stock valued at $369,000 after acquiring an additional 51 shares during the last quarter. Assetmark Inc. lifted its stake in shares of Fabrinet by 12.0% in the 4th quarter. Assetmark Inc. now owns 484 shares of the technology company's stock valued at $106,000 after acquiring an additional 52 shares during the last quarter. Finally, Trust Point Inc. lifted its stake in shares of Fabrinet by 4.7% in the 3rd quarter. Trust Point Inc. now owns 1,272 shares of the technology company's stock valued at $301,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 97.38% of the company's stock.

About Fabrinet

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.