Fabrinet (NYSE:FN) Releases Q3 2026 Earnings Guidance

Fabrinet (NYSE:FN) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 3.450-3.600 for the period, compared to the consensus estimate of 3.350. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Barclays set a $548.00 price target on shares of Fabrinet and gave the company an “overweight” rating in a research report on Tuesday. Northland Securities set a $600.00 price objective on shares of Fabrinet in a research report on Monday, December 22nd. Rosenblatt Securities raised their target price on shares of Fabrinet from $425.00 to $550.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Zacks Research cut shares of Fabrinet from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $478.50.

Fabrinet Price Performance

FN stock opened at $499.83 on Tuesday. The business has a 50-day moving average of $473.49 and a 200-day moving average of $406.16. Fabrinet has a fifty-two week low of $148.55 and a fifty-two week high of $531.22. The stock has a market capitalization of $17.91 billion, a P/E ratio of 51.48 and a beta of 1.04.

Fabrinet (NYSE:FN) last released its quarterly earnings results on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.10. Fabrinet had a return on equity of 18.16% and a net margin of 9.77%.The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the firm posted $2.61 EPS. The business’s revenue was up 35.9% on a year-over-year basis. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. Equities analysts expect that Fabrinet will post 9.4 EPS for the current year.

Insider Activity

In other Fabrinet news, Director Homa Bahrami sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $453.75, for a total value of $1,588,125.00. Following the completion of the transaction, the director directly owned 18,316 shares in the company, valued at $8,310,885. This trade represents a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas F. Kelly sold 2,200 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $464.14, for a total transaction of $1,021,108.00. Following the sale, the director directly owned 18,789 shares in the company, valued at $8,720,726.46. This trade represents a 10.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,151 shares of company stock worth $12,643,707 in the last quarter. Corporate insiders own 0.24% of the company’s stock.

More Fabrinet News

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Record revenue and EPS beat: Fabrinet reported Q2 revenue of ~$1.13B (year‑over‑year growth ~36%) and EPS consistent with the company release ($3.36), topping headline consensus and showing strong top‑line demand. Fabrinet (FN) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Ahead‑of‑consensus guidance: Management set Q3 FY2026 EPS guidance of $3.45–$3.60 and revenue guidance (~$1.2B) above Street expectations, supporting continued growth into the next quarter. Fabrinet Announces Second Quarter Fiscal Year 2026 Financial Results
• Neutral Sentiment: Analyst views and valuations are mixed: several firms maintain buy ratings and lofty price targets (median ~\$538), but valuation is elevated (P/E ~51) after a large one‑year rally — this increases sensitivity to any near‑term miss. Fabrinet (FN) Stock Falls on Q2 2026 Earnings
• Neutral Sentiment: Full earnings call and transcript are available for details on customer timing, product ramps (AI/HPC exposure) and FX commentary — useful for parsing whether weakness is operational or timing‑related. Fabrinet (FN) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Shares fell sharply despite the beat: multiple outlets reported a significant intraday sell‑off — the market appears focused on items beyond headline revenue/EPS. Fabrinet shares tumble despite record Q2 results
• Negative Sentiment: Cash flow and balance‑sheet signals raised concerns: third‑party summaries flagged a sharp drop in operating cash flow, large increase in capex and lower cash balances year‑over‑year — these can pressure near‑term liquidity and investor sentiment. Fabrinet (FN) Stock Falls on Q2 2026 Earnings
• Negative Sentiment: Perception of mixed metrics: while company releases show EPS beat, some outlets reported different diluted EPS figures or misses on specific measures — any apparent inconsistency can amplify selling in a richly valued stock. Fabrinet crashes despite strong Q2 results, guidance
• Negative Sentiment: Insider selling and profit‑taking after a large rally: datasets cited recent insider sales and a ~126% one‑year rally — these dynamics can accentuate post‑earnings pullbacks. Fabrinet (FN) Stock Falls on Q2 2026 Earnings

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FN. Larson Financial Group LLC lifted 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 worth $59,000 after buying an additional 33 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Fabrinet in the 3rd quarter valued at about $83,000. Employees Retirement System of Texas acquired a new stake in Fabrinet during the 3rd quarter valued at approximately $113,000. EverSource Wealth Advisors LLC boosted its stake in shares of Fabrinet by 574.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 533 shares of the technology company’s stock valued at $157,000 after purchasing an additional 454 shares during the last quarter. Finally, Cadence Bank bought a new stake in Fabrinet during the third quarter valued at $202,000. 97.38% of the stock is owned by institutional investors.

Fabrinet Company Profile

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.