Fabrinet (NYSE:FN) Receives $649.50 Average Target Price from Analysts

Posted by Brian Himes on Sep 3rd, 2026

Fabrinet (NYSE:FN – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $649.50.

Several brokerages have issued reports on FN. Wall Street Zen cut Fabrinet from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Barclays lifted their target price on Fabrinet from $702.00 to $739.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Fox Advisors upgraded Fabrinet from an “equal weight” rating to an “overweight” rating in a report on Wednesday, August 19th. Weiss Ratings raised Fabrinet from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. raised their price objective on Fabrinet from $680.00 to $695.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th.

Read Our Latest Report on FN

Fabrinet Price Performance

NYSE:FN opened at $394.93 on Monday. The business’s 50-day moving average is $488.04 and its two-hundred day moving average is $565.57. Fabrinet has a 12 month low of $333.05 and a 12 month high of $748.89. The firm has a market capitalization of $14.15 billion, a PE ratio of 30.26 and a beta of 1.21.

Fabrinet (NYSE:FN – Get Free Report) last released its quarterly earnings results on Monday, August 17th. The technology company reported $4.10 earnings per share for the quarter, topping analysts’ consensus estimates of $3.81 by $0.29. Fabrinet had a return on equity of 21.23% and a net margin of 10.19%.The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business earned $2.65 EPS. Fabrinet’s quarterly revenue was up 44.6% compared to the same quarter last year. Fabrinet has set its Q1 2027 guidance at 4.100-4.250 EPS. Equities analysts anticipate that Fabrinet will post 17.5 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FN. California State Teachers Retirement System increased its stake in shares of Fabrinet by 72,124.7% in the 2nd quarter. California State Teachers Retirement System now owns 30,151,657 shares of the technology company’s stock worth $16,947,643,000 after acquiring an additional 30,109,910 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Fabrinet by 163.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,041,227 shares of the technology company’s stock valued at $1,839,891,000 after acquiring an additional 2,504,841 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Fabrinet by 45.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company’s stock valued at $524,432,000 after acquiring an additional 553,196 shares during the period. Geode Capital Management LLC raised its stake in shares of Fabrinet by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 1,108,813 shares of the technology company’s stock valued at $504,886,000 after acquiring an additional 50,708 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Fabrinet by 64.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,065,414 shares of the technology company’s stock worth $485,063,000 after acquiring an additional 419,081 shares during the last quarter. Hedge funds and other institutional investors own 97.38% of the company’s stock.

Fabrinet Company Profile

(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.