B. Riley Brokers Boost Earnings Estimates for Fabrinet

Fabrinet (NYSE:FN) – Equities researchers at B. Riley raised their Q2 2026 earnings per share (EPS) estimates for Fabrinet in a note issued to investors on Tuesday, February 4th. B. Riley analyst D. Kang now anticipates that the technology company will earn $2.37 per share for the quarter, up from their previous estimate of $2.30. B. Riley has a “Sell” rating and a $178.00 price objective on the stock. The consensus estimate for Fabrinet’s current full-year earnings is $9.10 per share.

Fabrinet (NYSE:FN) last posted its earnings results on Monday, February 3rd. The technology company reported $2.38 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.10). Fabrinet had a net margin of 10.28% and a return on equity of 18.08%.

A number of other research analysts have also weighed in on the company. Rosenblatt Securities raised their target price on Fabrinet from $280.00 to $285.00 and gave the company a “buy” rating in a report on Tuesday. Barclays dropped their target price on Fabrinet from $292.00 to $245.00 and set an “equal weight” rating on the stock in a report on Tuesday. Needham & Company LLC reiterated a “buy” rating and set a $280.00 price target on shares of Fabrinet in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their price target on Fabrinet from $275.00 to $265.00 and set a “neutral” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $243.29.

Fabrinet Stock Down 3.8 %

FN stock opened at $212.43 on Thursday. Fabrinet has a twelve month low of $159.69 and a twelve month high of $281.79. The stock’s 50 day moving average is $230.11 and its 200-day moving average is $233.94. The firm has a market capitalization of $7.70 billion, a PE ratio of 25.14 and a beta of 0.92.

Institutional Trading of Fabrinet

A number of large investors have recently bought and sold shares of FN. Truist Financial Corp increased its position in Fabrinet by 14.9% in the second quarter. Truist Financial Corp now owns 5,871 shares of the technology company’s stock worth $1,437,000 after buying an additional 761 shares during the last quarter. Cetera Investment Advisers increased its position in Fabrinet by 41.1% in the second quarter. Cetera Investment Advisers now owns 11,166 shares of the technology company’s stock worth $2,733,000 after buying an additional 3,254 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Fabrinet in the second quarter worth $482,000. SG Americas Securities LLC increased its position in Fabrinet by 93.9% in the third quarter. SG Americas Securities LLC now owns 3,249 shares of the technology company’s stock worth $768,000 after buying an additional 1,573 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Fabrinet by 82.3% in the third quarter. GAMMA Investing LLC now owns 833 shares of the technology company’s stock worth $197,000 after buying an additional 376 shares during the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

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.