Northland Capmk Forecasts Fabrinet FY2026 Earnings

Fabrinet (NYSE:FN - Free Report) - Northland Capmk issued their FY2026 EPS estimates for shares of Fabrinet in a report issued on Monday, February 3rd. Northland Capmk analyst T. Savageaux expects that the technology company will post earnings of $10.04 per share for the year. The consensus estimate for Fabrinet's current full-year earnings is $9.40 per share.

FN has been the topic of several other research reports. Needham & Company LLC reiterated a "buy" rating and issued a $280.00 target price on shares of Fabrinet in a research note on Tuesday, February 4th. B. Riley lowered shares of Fabrinet from a "neutral" rating to a "sell" rating and cut their target price for the company from $194.00 to $178.00 in a research report on Wednesday, November 20th. Barclays lowered their price target on shares of Fabrinet from $292.00 to $245.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 4th. JPMorgan Chase & Co. cut their target price on Fabrinet from $275.00 to $265.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Finally, Rosenblatt Securities boosted their target price on Fabrinet from $280.00 to $285.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $243.29.

Fabrinet Trading Down 0.5 %

NYSE:FN traded down $1.07 during trading hours on Thursday, reaching $210.99. 468,269 shares of the company traded hands, compared to its average volume of 744,838. The business's 50-day moving average price is $229.66 and its two-hundred day moving average price is $233.72. The stock has a market capitalization of $7.65 billion, a P/E ratio of 23.60 and a beta of 0.92. Fabrinet has a 1 year low of $159.69 and a 1 year high of $281.79.

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

Institutional Trading of Fabrinet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FN. Barclays PLC lifted its holdings in Fabrinet by 304.6% during the 3rd quarter. Barclays PLC now owns 69,128 shares of the technology company's stock valued at $16,345,000 after buying an additional 52,042 shares in the last quarter. nVerses Capital LLC acquired a new stake in Fabrinet in the 3rd quarter worth approximately $567,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fabrinet by 14.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 480,550 shares of the technology company's stock worth $113,621,000 after purchasing an additional 61,491 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Fabrinet during the 3rd quarter valued at about $2,398,000. Finally, Pathstone Holdings LLC boosted its holdings in Fabrinet by 40.7% during the third quarter. Pathstone Holdings LLC now owns 8,219 shares of the technology company's stock worth $1,943,000 after buying an additional 2,378 shares in the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

Fabrinet Company Profile

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.