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 Price Performance

Shares of FN stock traded up $13.84 during trading hours on Monday, reaching $720.37. 1,066,839 shares of the company traded hands, compared to its average volume of 709,927. Fabrinet has a 12-month low of $193.54 and a 12-month high of $734.79. The company has a market cap of $25.81 billion, a P/E ratio of 69.00 and a beta of 1.22. The firm has a 50-day moving average price of $588.72 and a 200 day moving average price of $504.95.

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, topping the consensus estimate of $3.58 by $0.14. Fabrinet had a net margin of 9.69% and a return on equity of 18.69%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. Sell-side analysts predict that Fabrinet will post 12.8 EPS for the current year.

Analyst Ratings Changes

FN has been the subject of a number of analyst reports. Barclays increased their price objective on shares of Fabrinet from $537.00 to $548.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Zacks Research cut Fabrinet from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC reissued a “buy” rating and set a $540.00 target price on shares of Fabrinet in a research note on Tuesday, February 3rd. Susquehanna boosted their price target on Fabrinet from $550.00 to $570.00 and gave the stock a “positive” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings downgraded Fabrinet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $587.50.

Fabrinet News Summary

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Q3 results beat expectations — Fabrinet reported non‑GAAP EPS of $3.72 and ~ $1.21B revenue, both above consensus; management highlighted ongoing program ramps. GlobeNewswire: Q3 Results
• Positive Sentiment: Analysts had raised forecasts ahead of the print — several of the more accurate analysts increased Q3 forecasts, which set the stage for upside on the beat. Benzinga: Analyst Revisions
• Neutral Sentiment: Q4 guidance was essentially in-line with expectations — management guided Q4 non‑GAAP EPS to $3.72–$3.87 and revenue near $1.3B, leaving limited room for upside surprises. Fabrinet: Press Release / Slide Deck
• Negative Sentiment: Market reaction was negative despite the beat — several reports point to a “sell‑the‑news” move and profit‑taking after a strong run; investors wanted clearer evidence of accelerating growth beyond the beats. QuiverQuant: Slides Despite Beat
• Negative Sentiment: Cash flow and capex raised concerns — third‑party reporting flagged a sharp decline in operating cash flow and a large increase in capex, which worried some investors about near‑term cash generation and investment pacing. QuiverQuant: Cash Flow / Capex Data
• Negative Sentiment: Insider selling and valuation talk added pressure — recent disclosures show insider sales and some analysts noting elevated multiples, which can amplify downside after an in‑line guide. QuiverQuant: Insider & Valuation Notes

Institutional Investors Weigh In On Fabrinet

Several large investors have recently made changes to their positions in FN. Quarry LP grew its position in Fabrinet by 300.0% in the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after acquiring an additional 54 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in Fabrinet in the 4th quarter valued at $37,000. Kemnay Advisory Services Inc. bought a new stake in Fabrinet during the 4th quarter valued at about $42,000. Strive Financial Group LLC bought a new stake in shares of Fabrinet during the fourth quarter valued at approximately $49,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Fabrinet by 25.8% in the third 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 period. 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.