Key Points
- Fabrinet director Homa Bahrami sold 2,500 shares on May 22 at an average price of $711.91, totaling about $1.78 million. After the sale, she still held 16,233 shares valued at roughly $11.56 million.
- The company posted strong quarterly results, with EPS of $3.72 beating estimates and revenue of $1.21 billion topping forecasts. Revenue rose 39.3% year over year, and Fabrinet also issued Q4 2026 guidance of $3.72 to $3.87 EPS.
- Wall Street remains broadly positive on Fabrinet, with a consensus rating of “Moderate Buy” and an average price target of $661.75. Several analysts recently raised targets, though one reduced its price objective and maintained a neutral rating.
Fabrinet (NYSE:FN - Get Free Report) Director Homa Bahrami sold 2,500 shares of the company's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $711.91, for a total value of $1,779,775.00. Following the sale, the director owned 16,233 shares of the company's stock, valued at approximately $11,556,435.03. This trade represents a 13.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Fabrinet Stock Performance
FN opened at $705.89 on Friday. The stock has a 50-day moving average of $622.90 and a 200-day moving average of $529.44. Fabrinet has a 52-week low of $222.66 and a 52-week high of $748.89. The company has a market cap of $25.29 billion, a PE ratio of 60.64 and a beta of 1.22.
Fabrinet (NYSE:FN - Get Free Report) last released its earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.58 by $0.14. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Fabrinet had a return on equity of 19.83% and a net margin of 9.94%.The company's revenue was up 39.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.52 EPS. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. On average, research analysts predict that Fabrinet will post 12.96 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. B. Riley Financial raised their target price on Fabrinet from $366.00 to $452.00 and gave the company a "neutral" rating in a report on Tuesday, February 3rd. Barclays raised their target price on Fabrinet from $548.00 to $702.00 and gave the company an "overweight" rating in a report on Tuesday, May 5th. Northland Securities set a $800.00 target price on Fabrinet in a report on Monday, April 20th. Rosenblatt Securities raised their price objective on Fabrinet from $715.00 to $750.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. reduced their price objective on Fabrinet from $700.00 to $680.00 and set a "neutral" rating for the company in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Fabrinet has a consensus rating of "Moderate Buy" and an average price target of $661.75.
Read Our Latest Stock Analysis on FN
Hedge Funds Weigh In On Fabrinet
Several hedge funds and other institutional investors have recently modified their holdings of FN. Core Wealth Advisors LLC bought a new position in shares of Fabrinet during the 4th quarter worth approximately $25,000. Westend Capital Management LLC bought a new position in shares of Fabrinet during the 4th quarter worth approximately $29,000. Harbour Investments Inc. lifted its position in shares of Fabrinet by 75.0% during the 4th quarter. Harbour Investments Inc. now owns 63 shares of the technology company's stock worth $29,000 after buying an additional 27 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in shares of Fabrinet during the 1st quarter worth approximately $31,000. Finally, Creative Financial Designs Inc. ADV bought a new position in shares of Fabrinet during the 4th quarter worth approximately $32,000. Institutional investors own 97.38% of the company's stock.
About Fabrinet
(
Get Free Report)
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.
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