Fabrinet (NYSE:FN) Issues Q4 2026 Earnings Guidance

Fabrinet (NYSE:FN) updated its fourth quarter 2026 earnings guidance on Monday. 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 Stock Performance

Shares of FN opened at $656.55 on Wednesday. Fabrinet has a fifty-two week low of $199.86 and a fifty-two week high of $734.79. The firm’s 50-day simple moving average is $590.96 and its two-hundred day simple moving average is $506.78. The stock has a market cap of $23.52 billion, a PE ratio of 56.59 and a beta of 1.22.

Fabrinet (NYSE:FN) last released its earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.14. Fabrinet had a net margin of 9.94% and a return on equity of 20.38%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the business earned $2.52 earnings per share. The business’s revenue was up 39.3% on a year-over-year basis. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. Equities research analysts predict that Fabrinet will post 12.8 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on FN shares. Fox Advisors lowered Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research report on Tuesday. Susquehanna lifted their target price on shares of Fabrinet from $550.00 to $570.00 and gave the stock a “positive” rating in a report on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating and set a $800.00 price target on shares of Fabrinet in a report on Tuesday. Rosenblatt Securities boosted their price objective on shares of Fabrinet from $715.00 to $750.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Barclays reiterated an “overweight” rating and set a $702.00 target price on shares of Fabrinet in a research note on Tuesday. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $661.75.

Fabrinet News Roundup

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Company beat expectations — Q3 non?GAAP EPS $3.72 and revenue ~$1.21B, both above consensus, driven by Telecom and HPC strength. This confirms continuing demand in optical/telecom end markets. Zacks: FN Q3 Earnings Beat
• Positive Sentiment: Wall Street support persists — Needham reaffirmed a Buy and other firms (Rosenblatt) raised targets after the print, signaling continued conviction among some growth/value analysts. American Banking News: Needham Buy Rating
• Neutral Sentiment: Q4 guidance roughly in?line — management guided Q4 EPS to $3.72–$3.87 and revenue roughly $1.25–1.30B, leaving limited upside vs. elevated expectations; investors expected clearer acceleration. Seeking Alpha: Q4 Revenue Forecast
• Neutral Sentiment: Earnings call nuance — management highlighted strong program ramps and sustained telecom/HPC demand but also flagged tight margins on some ramps and ongoing datacom supply issues; watch incremental margin and program?ramp cadence in coming quarters. TipRanks: Earnings Call Highlights
• Negative Sentiment: Stock weakness despite the beat — shares fell (sell?the?news) as guidance was seen as conservative relative to prior momentum and because datacom supply constraints may cap near?term growth. Seeking Alpha: FN Falls After Q3
• Negative Sentiment: Financial/operational cautions — third?party reports flagged weaker operating cash flow and a sharp uptick in capex; insiders have been net sellers recently — items that can weigh on sentiment if sustained. Quiver Quant: Stock Falls on Q3
• Negative Sentiment: Mixed analyst moves — while some raised targets, JPMorgan trimmed its price target and moved to Neutral, reflecting valuation/timing concerns; expect continued analyst divergence. Benzinga: JPMorgan Lowers PT

Institutional Investors Weigh In On Fabrinet

A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP increased its position in Fabrinet by 300.0% during the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock valued at $33,000 after acquiring an additional 54 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in Fabrinet in the fourth quarter worth about $37,000. Kemnay Advisory Services Inc. bought a new stake in shares of Fabrinet during the 4th quarter valued at about $42,000. Strive Financial Group LLC purchased a new stake in shares of Fabrinet during the 4th quarter valued at about $49,000. Finally, Larson Financial Group LLC increased its position in shares of Fabrinet by 25.8% during the 3rd quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock valued at $59,000 after purchasing an additional 33 shares during the last quarter. 97.38% of the stock is currently owned by hedge funds and other institutional investors.

About Fabrinet

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.