Fabrinet (NYSE:FN) Releases Q2 2027 Earnings Guidance

Posted by Francis Steltz on Nov 3rd, 2026

Fabrinet (NYSE:FN – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.770-4.920 for the period, compared to the consensus earnings per share estimate of 4.390. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.5 billion.

Analyst Ratings Changes

FN has been the subject of a number of research analyst reports. Rosenblatt Securities decreased their price objective on shares of Fabrinet from $750.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $500.00 target price on shares of Fabrinet in a research note on Tuesday. Fox Advisors raised shares of Fabrinet from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on shares of Fabrinet from $680.00 to $695.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Finally, Barclays raised their price target on shares of Fabrinet from $702.00 to $739.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $607.38.

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Fabrinet Price Performance

Shares of NYSE FN opened at $313.86 on Tuesday. The stock has a market capitalization of $11.25 billion, a PE ratio of 27.85 and a beta of 1.23. Fabrinet has a one year low of $305.63 and a one year high of $748.89. The business’s fifty day moving average price is $402.07 and its 200-day moving average price is $521.45.

Fabrinet (NYSE:FN – Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The technology company reported $4.34 earnings per share for the quarter, topping the consensus estimate of $4.20 by $0.14. Fabrinet had a return on equity of 21.23% and a net margin of 10.19%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the firm posted $2.92 EPS. The firm’s revenue for the quarter was up 50.7% on a year-over-year basis. As a group, equities analysts expect that Fabrinet will post 17.50 EPS for the current fiscal year.

Insiders Place Their Bets

In other Fabrinet news, EVP Edward Archer sold 2,500 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $385.91, for a total transaction of $964,775.00. Following the completion of the transaction, the executive vice president owned 7,007 shares in the company, valued at $2,704,071.37. This trade represents a 26.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.22% of the stock is owned by corporate insiders.

Fabrinet News Summary

Here are the key news stories impacting Fabrinet this week:

Positive Sentiment: Fabrinet reported record fiscal Q1 revenue of $1.47 billion, up 50.7% year over year and above both its guidance range and analysts’ expectations of approximately $1.41 billion. Fabrinet Announces First Quarter Fiscal Year 2027 Financial Results
Positive Sentiment: Adjusted earnings came in at $4.34 per share, exceeding consensus estimates near $4.19-$4.20 and rising from $2.92 a year earlier. The revenue and earnings “double beat” supported the initial upward reaction in the shares. Fabrinet Stock Jumps on Q1 Earnings Double Beat, Strong Guidance
Positive Sentiment: Management forecast fiscal Q2 revenue of $1.60 billion to $1.65 billion, implying continued strong demand, while beginning construction of Building 11, which is expected to add roughly $3 billion of capacity. Fabrinet anticipates Q2 revenue of $1.6B-$1.65B while starting Building 11
Neutral Sentiment: The rapid growth is being driven by Fabrinet’s optical manufacturing business, particularly demand tied to advanced optical products and data-center infrastructure.
Negative Sentiment: Investors are also monitoring the cost of expansion and a new global minimum tax, which limited GAAP earnings growth relative to the 51% revenue increase and may pressure cash flow and margins. Fabrinet’s 51% Growth Comes at a Cash Cost
Negative Sentiment: The stock recently touched a new 52-week low near $314, highlighting elevated volatility and continued sensitivity to valuation, execution and broader technology-sector sentiment. Fabrinet Drops to $314, a New 52-Week Low

About Fabrinet

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Fabrinet (NYSE: FN) is a provider of outsourced manufacturing services for complex optical, electronic and electromechanical products. The company works with original equipment manufacturers and other technology companies to design, manufacture, assemble, test and distribute products used in optical communications, industrial lasers, automotive applications, medical devices and other advanced technology markets.

Its capabilities include precision optical packaging, optical and electronic assembly, printed circuit board assembly, electromechanical manufacturing, engineering support, supply-chain management and testing.