Fabrinet (NYSE:FN) Releases Q2 2026 Earnings Guidance

Fabrinet (NYSE:FN) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.150-3.300 for the period, compared to the consensus earnings per share estimate of 2.900. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $992.1 million.

Fabrinet Stock Up 0.7%

Shares of FN traded up $3.16 during trading hours on Monday, reaching $443.73. The company’s stock had a trading volume of 1,284,783 shares, compared to its average volume of 702,394. The company has a 50 day moving average of $377.08 and a two-hundred day moving average of $303.96. The firm has a market cap of $15.90 billion, a price-to-earnings ratio of 48.34 and a beta of 1.05. Fabrinet has a 1-year low of $148.55 and a 1-year high of $453.12.

Fabrinet (NYSE:FN) last released its quarterly earnings data on Monday, August 18th. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.02. The firm had revenue of $909.69 million during the quarter, compared to analysts’ expectations of $880.19 million. Fabrinet had a return on equity of 17.77% and a net margin of 9.72%.The business’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.41 earnings per share. Fabrinet has set its Q1 2026 guidance at 2.750-2.900 EPS. As a group, analysts forecast that Fabrinet will post 9.4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. B. Riley lifted their target price on shares of Fabrinet from $184.00 to $220.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 price objective on shares of Fabrinet in a research note on Tuesday, August 19th. Zacks Research raised Fabrinet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Fabrinet in a research note on Wednesday, October 8th. Finally, Wolfe Research started coverage on Fabrinet in a research report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $337.33.

Insider Buying and Selling at Fabrinet

In other Fabrinet news, CEO Seamus Grady sold 9,513 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $329.52, for a total transaction of $3,134,723.76. Following the sale, the chief executive officer directly owned 46,024 shares of the company’s stock, valued at approximately $15,165,828.48. This represents a 17.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Harpal Gill sold 14,203 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $355.15, for a total value of $5,044,195.45. Following the sale, the chief operating officer owned 13,983 shares in the company, valued at approximately $4,966,062.45. This trade represents a 50.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 27,049 shares of company stock valued at $9,360,401. 0.24% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Wasatch Advisors LP raised its position in shares of Fabrinet by 45.1% during the second quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company’s stock worth $524,432,000 after acquiring an additional 553,196 shares during the last quarter. AQR Capital Management LLC increased its position in Fabrinet by 74.7% in the second quarter. AQR Capital Management LLC now owns 119,285 shares of the technology company’s stock worth $35,151,000 after purchasing an additional 51,008 shares during the period. Engineers Gate Manager LP raised its holdings in Fabrinet by 596.1% during the 2nd quarter. Engineers Gate Manager LP now owns 43,793 shares of the technology company’s stock worth $12,905,000 after purchasing an additional 37,502 shares during the last quarter. Cerity Partners LLC lifted its position in Fabrinet by 564.7% during the 2nd quarter. Cerity Partners LLC now owns 21,934 shares of the technology company’s stock valued at $6,464,000 after purchasing an additional 18,634 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Fabrinet by 15.8% in the 2nd quarter. Sei Investments Co. now owns 113,826 shares of the technology company’s stock valued at $33,542,000 after purchasing an additional 15,504 shares during the last quarter. Institutional investors own 97.38% of the company’s stock.

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.