Northland Capmk Estimates Fabrinet FY2026 Earnings

Fabrinet (NYSE:FN) – Research analysts at Northland Capmk issued their FY2026 earnings per share estimates for shares of Fabrinet in a report issued on Monday, February 3rd. Northland Capmk analyst T. Savageaux forecasts that the technology company will earn $10.04 per share for the year. The consensus estimate for Fabrinet’s current full-year earnings is $9.10 per share.

Several other research firms also recently issued reports on FN. Barclays cut their target price on Fabrinet from $292.00 to $245.00 and set an “equal weight” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. reduced their price objective on Fabrinet from $275.00 to $265.00 and set a “neutral” rating for the company in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $280.00 target price on shares of Fabrinet in a research report on Tuesday. Rosenblatt Securities raised their price target on shares of Fabrinet from $280.00 to $285.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, B. Riley lowered shares of Fabrinet from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $194.00 to $178.00 in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $243.29.

Fabrinet Trading Down 3.8 %

Shares of FN opened at $212.43 on Thursday. Fabrinet has a 12 month low of $159.69 and a 12 month high of $281.79. The stock has a fifty day moving average price of $230.11 and a 200-day moving average price of $233.94. The firm has a market cap of $7.70 billion, a PE ratio of 25.14 and a beta of 0.92.

Fabrinet (NYSE:FN) last issued its quarterly earnings data on Monday, February 3rd. The technology company reported $2.38 EPS for the quarter, missing the consensus estimate of $2.48 by ($0.10). Fabrinet had a net margin of 10.28% and a return on equity of 18.08%.

Institutional Trading of Fabrinet

A number of hedge funds and other institutional investors have recently made changes to their positions in FN. Huntington National Bank boosted its holdings in Fabrinet by 70.4% during the third quarter. Huntington National Bank now owns 138 shares of the technology company’s stock worth $33,000 after buying an additional 57 shares in the last quarter. NBC Securities Inc. boosted its holdings in Fabrinet by 732.0% during the third quarter. NBC Securities Inc. now owns 208 shares of the technology company’s stock worth $49,000 after buying an additional 183 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Fabrinet during the third quarter worth $52,000. UMB Bank n.a. boosted its holdings in Fabrinet by 252.9% during the third quarter. UMB Bank n.a. now owns 240 shares of the technology company’s stock worth $57,000 after buying an additional 172 shares in the last quarter. Finally, Eastern Bank purchased a new stake in Fabrinet during the third quarter worth $59,000. Institutional investors and hedge funds own 97.38% of the company’s stock.

About Fabrinet

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.