Fabrinet (NYSE:FN) Releases Q4 2026 Earnings Guidance

Posted by Brian Himes on May 5th, 2026

Fabrinet (NYSE:FN – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 3.720-3.870 for the period, compared to the consensus estimate of 3.740. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Fabrinet Price Performance

Shares of NYSE:FN traded down $23.81 during mid-day trading on Tuesday, hitting $694.00. The company had a trading volume of 388,964 shares, compared to its average volume of 703,431. The firm has a fifty day moving average price of $588.72 and a 200 day moving average price of $504.95. The company has a market capitalization of $24.87 billion, a PE ratio of 65.76 and a beta of 1.22. Fabrinet has a one year low of $193.54 and a one year high of $734.79.

Fabrinet (NYSE:FN – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The technology company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.14. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Fabrinet had a net margin of 9.69% and a return on equity of 18.69%. Fabrinet’s revenue for the quarter was up 39.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.52 EPS. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. Research analysts expect that Fabrinet will post 12.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

FN has been the subject of several research analyst reports. Weiss Ratings lowered shares of Fabrinet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Susquehanna lifted their price objective on shares of Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. lowered shares of Fabrinet from an “overweight” rating to a “neutral” rating and lifted their price objective for the company from $530.00 to $700.00 in a research note on Thursday, April 16th. Wolfe Research raised shares of Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 price target for the company in a research report on Wednesday, February 4th. Finally, Northland Securities set a $800.00 price target on shares of Fabrinet in a research report on Monday, April 20th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $664.25.

Read Our Latest Stock Analysis on Fabrinet

Key Stories Impacting Fabrinet

Here are the key news stories impacting Fabrinet this week:

Positive Sentiment: Q3 beat: Fabrinet reported $3.72 EPS (vs. $3.58 consensus) and $1.21B revenue (vs. $1.19B consensus), showing strong year-over-year profit and revenue growth — supportive for valuation. Fabrinet (FN) Surpasses Q3 Earnings and Revenue Estimates
Positive Sentiment: Analyst support: Rosenblatt raised its price target to $750 (buy) and Needham reaffirmed buy with an $800 target — both signal continued analyst confidence and provide upside vs. recent levels. Benzinga (analyst updates) TickerReport (Needham PT)
Neutral Sentiment: Company guidance roughly in-line: Fabrinet set Q4 EPS guidance of $3.72–$3.87 (near consensus) and reiterated revenue guidance in the same neighborhood — limits immediate upside without upside beats. GlobeNewswire: Q3 Results & Guidance
Neutral Sentiment: Earnings call transcript available for detail on ramps and supply comments (useful for judging sustainability of margins and bookings). Fabrinet Q3 2026 Earnings Call Transcript
Negative Sentiment: Datacom supply constraints flagged: Management forecasted Q4 revenue around $1.25B–$1.29B and noted persistent datacom supply limits, which caps near-term revenue upside and likely caused investor disappointment. Fabrinet forecasts $1.25B-$1.29B Q4 revenue
Negative Sentiment: Market reaction and sell‑the‑news: Several reports note the stock slid despite the Q3 beat because guidance was largely in-line and investors may have taken profits after a strong run. Benzinga: Stock tumbles despite Q3 beat QuiverQuant: Slides despite Q3 beat
Negative Sentiment: Cash flow/capex and insider selling flagged: Third‑party summaries show operating cash flow fell sharply while capex rose and insiders have been net sellers — items that can pressure sentiment and valuation. QuiverQuant: Stock Falls on Q3 Earnings (financial details)

Institutional Trading of Fabrinet

Several hedge funds have recently bought and sold shares of the business. Quarry LP boosted its holdings in Fabrinet by 300.0% during the 4th quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after acquiring an additional 54 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in Fabrinet during the 4th quarter worth $37,000. Kemnay Advisory Services Inc. purchased a new position in Fabrinet during the 4th quarter worth $42,000. Strive Financial Group LLC purchased a new position in Fabrinet during the 4th quarter worth $49,000. Finally, Larson Financial Group LLC boosted its holdings in Fabrinet by 25.8% during the 3rd quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock worth $59,000 after acquiring an additional 33 shares during the last quarter. Institutional investors and hedge funds 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.