Fabrinet

NYSE:FN Stock Report

Market Cap: US$25.3b

Fabrinet Future Growth

Future criteria checks 6/6

Fabrinet is forecast to grow earnings and revenue by 22.1% and 20.4% per annum respectively. EPS is expected to grow by 21.8% per annum. Return on equity is forecast to be 23.9% in 3 years.

Key information

22.1%

Earnings growth rate

21.75%

EPS growth rate

Electronic earnings growth23.2%
Revenue growth rate20.4%
Future return on equity23.85%
Analyst coverage

Good

Last updated21 Apr 2026

Recent future growth updates

Recent updates

FN: Buybacks And Higher Long Term Assumptions Will Support Future Upside Potential

Analysts have raised their price target on Fabrinet from $715 to $850, citing updated assumptions for revenue growth, profit margin, and future P/E that contribute to a higher assessed fair value under a slightly adjusted discount rate. What's in the News Fabrinet reported that from September 27, 2025 to December 26, 2025 it repurchased 12,439 shares, representing 0.03% of shares, for US$4.81 million under its existing buyback program (Key Developments).

FN: Rich Multiple And Earnings Outlook Will Drive Future Downside Risk

Analysts have raised their price target for Fabrinet from about $493 to roughly $582. They cite updated assumptions around slightly higher revenue growth, margins, and future P/E as the key drivers behind this shift.

FN: Buybacks And Margin Improvements Will Support Future Upside Potential

Analysts have raised their price target for Fabrinet from $600 to $715, citing updated assumptions for slightly higher revenue growth, a modestly higher profit margin, a lower discount rate, and a higher future P/E multiple. What's in the News Fabrinet updated its outlook for the third fiscal quarter ending March 27, 2026, with expected revenue in the range of US$1.15b to US$1.20b.

Fabrinet: Excellent Growth Is Overshadowed By Overvaluation And Overbought Stock Level

Mar 29

FN: Higher Forward P/E Assumptions Will Likely Restrain Future Share Returns

Analysts have raised their price target on Fabrinet from $317.26 to $452.00, citing updated assumptions including slightly higher revenue growth, marginally stronger profit margins, a modestly lower discount rate, and a higher future P/E multiple. What's in the News Fabrinet reported completing a share repurchase program announced on August 21, 2017, buying back a total of 3,887,487 shares, or 10.56% of the company, for US$365.1m under the plan.

FN: Lower Forward P/E Assumptions Will Likely Temper Future Share Returns

Analysts have trimmed their average price target on Fabrinet to reflect a fair value update to $317.26, citing refreshed assumptions around discount rates, revenue growth, profit margins and forward P/E. What's in the News Fabrinet completed a share repurchase program announced on August 21, 2017, buying a total of 3,887,487 shares, or 10.56% of the company, for US$365.1m under this authorization (Key Developments).

Fabrinet (FN): The Optical Backbone – Scaling High-Precision Manufacturing for the 1.6T AI Transition in 2026.

Fabrinet (FN) is currently positioned as the "indispensable craftsman" of the AI hardware supply chain, trading at $553.00 as of the March 3, 2026, close. Despite a sharp 4.9% intraday drop today amid broader tech sector profit-taking, the stock has been a massive outperformer over the last year, recently peaking at an all-time high of $632.99.

FN: Share Repurchases And Margin Strength Will Support Future Upside

Analysts have nudged their price outlook for Fabrinet higher to $600.00, citing small adjustments to assumptions such as a discount rate of 8.34%, revenue growth of 21.31%, a profit margin of 10.32%, and a forward P/E of 37.24x. What's in the News Fabrinet repurchased 12,439 shares for US$4.81m between September 27, 2025 and December 26, 2025, representing 0.03% of shares.

FN: Richer Forward P/E And Margin Assumptions Will Likely Restrain Returns

Analysts have lifted their price target range for Fabrinet to reflect a fair value of about US$324.57 per share. They cite updated views on the discount rate, revenue growth, profit margin and forward P/E assumptions.

FN: Higher Margins And Buybacks Will Support Stronger Future Upside

Analysts have lifted their price target on Fabrinet from US$375.00 to US$600.00, citing updated assumptions around higher revenue growth, slightly higher discount rates, stronger profit margins, and a richer future P/E multiple. What's in the News Fabrinet updated its earnings guidance for the second fiscal quarter ending December 26, 2025, with expected revenue in the range of US$1.05b to US$1.10b (Key Developments).

FN: Future Performance Will Be Shaped By Buybacks And Earnings Guidance

Analysts have raised their price target on Fabrinet to US$492.67 from US$479.25, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that together support a slightly higher valuation framework. What's in the News Fabrinet reported that between June 28, 2025 and September 26, 2025, it repurchased 970 shares for US$0.27m, completing a total buyback of 3,875,048 shares, or 10.53% of the company, under its repurchase program announced on August 21, 2017 (Key Developments).

Returns Are Gaining Momentum At Fabrinet (NYSE:FN)

Jan 02
Returns Are Gaining Momentum At Fabrinet (NYSE:FN)

FN: Elevated Earnings Multiple Will Likely Pressure Future Share Returns

Analysts have raised their price target on Fabrinet, lifting fair value estimates from approximately 226 dollars to about 284 dollars. This change reflects stronger expectations for revenue growth, slightly higher profit margins, and a modestly richer future earnings multiple.

FN: Stable Performance Outlook Will Be Shaped By Continued Share Buybacks

Analysts have maintained their fair value estimate for Fabrinet at $479.25. They cite minimal changes in underlying assumptions and continued confidence in the company’s financial outlook.

FN: Significant Buyback Completion Will Drive Projected Upside Momentum

Fabrinet Sees Analyst Price Target Jump with Optimistic Revenue Projections Analysts have raised their fair value estimate for Fabrinet from $364.13 to $479.25, citing stronger anticipated revenue growth as a primary driver for the upward revision. What's in the News Fabrinet has completed the repurchase of 3,875,048 shares, representing 10.53% for $360.28 million, as part of the buyback announced on August 21, 2017 (Key Developments).

After Leaping 29% Fabrinet (NYSE:FN) Shares Are Not Flying Under The Radar

Nov 11
After Leaping 29% Fabrinet (NYSE:FN) Shares Are Not Flying Under The Radar

FN: Future Share Buyback Progress Is Likely To Limit Upside Potential

Analysts have raised their price target for Fabrinet from $352.88 to $364.13, citing modest adjustments to fair value estimates alongside a slightly higher forward earnings multiple. What's in the News Between March 29, 2025 and June 27, 2025, Fabrinet repurchased 107,945 shares for $22.26 million.

HPC Manufacturing And AWS Alliance Will Open New Markets

Analysts have raised their price target for Fabrinet from $332.75 to $352.88. They cite stronger revenue growth expectations, even though there is a slight decline in projected profit margins.

HPC Manufacturing And AWS Alliance Will Open New Markets

Analysts have raised their price target for Fabrinet from $324.63 to $332.75. This reflects a modest increase as expectations for future performance improve.

Is Fabrinet (NYSE:FN) Potentially Undervalued?

Sep 13
Is Fabrinet (NYSE:FN) Potentially Undervalued?

AWS Partnership And Telecom Wins Will Unlock Future Potential

Despite a higher discount rate, the consensus analyst price target for Fabrinet has increased—driven primarily by a modest rise in forward P/E—resulting in a new fair value estimate of $321.25. What's in the News Fabrinet issued Q1 earnings guidance, projecting revenue of $910 million to $950 million.

The Return Trends At Fabrinet (NYSE:FN) Look Promising

Jul 25
The Return Trends At Fabrinet (NYSE:FN) Look Promising

Is Now The Time To Put Fabrinet (NYSE:FN) On Your Watchlist?

Jul 10
Is Now The Time To Put Fabrinet (NYSE:FN) On Your Watchlist?

Fabrinet's (NYSE:FN) 27% Share Price Surge Not Quite Adding Up

Jun 27
Fabrinet's (NYSE:FN) 27% Share Price Surge Not Quite Adding Up

A Look At The Intrinsic Value Of Fabrinet (NYSE:FN)

Jun 19
A Look At The Intrinsic Value Of Fabrinet (NYSE:FN)

Fabrinet's (NYSE:FN) 28% Price Boost Is Out Of Tune With Earnings

May 04
Fabrinet's (NYSE:FN) 28% Price Boost Is Out Of Tune With Earnings

Fabrinet: Struggling To Kick On

Feb 12

Fabrinet: Attractive Growth But Richly Priced

Sep 23
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Expanding Into Telecom And Datacom Fuels Revenue Growth And Critical Expansions

Expansion in datacom and telecom sectors, and strategic investments in manufacturing capacity, are poised to drive significant revenue growth.

Earnings and Revenue Growth Forecasts

NYSE:FN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20286,5766695197903
6/30/20275,4785774156788
6/30/20264,5514592384238
12/26/20253,893377102278N/A
9/26/20253,593351201348N/A
6/27/20253,419333207328N/A
3/28/20253,263326272356N/A
12/27/20243,123326314383N/A
9/27/20243,002308294351N/A
6/28/20242,883296365413N/A
3/29/20242,786276347401N/A
12/29/20232,719254277337N/A
9/29/20232,675248234298N/A
6/30/20232,645248151213N/A
3/31/20232,577243100159N/A
12/30/20222,476235110172N/A
9/30/20222,37422080148N/A
6/24/20222,26220034124N/A
3/25/20222,18418762151N/A
12/24/20212,09917362138N/A
9/24/20211,98616057125N/A
6/25/20211,87914874122N/A
3/26/20211,77513475126N/A
12/25/20201,70712588139N/A
9/25/20201,679121132183N/A
6/26/20201,642113107151N/A
3/27/20201,642118113146N/A
12/27/20191,630119106131N/A
9/27/20191,606119N/A115N/A
6/28/20191,584121N/A147N/A
3/29/20191,525111N/A154N/A
12/28/20181,458103N/A170N/A
9/28/20181,39291N/A176N/A
6/29/20181,37284N/A138N/A
3/30/20181,39789N/A100N/A
12/29/20171,43289N/A88N/A
9/29/20171,44695N/A69N/A
6/30/20171,42097N/A71N/A
3/31/20171,32689N/A66N/A
12/30/20161,21089N/A43N/A
9/30/20161,09283N/A42N/A
6/24/201697762N/A47N/A
3/25/201690755N/A54N/A
12/25/201584545N/A46N/A
9/25/201580134N/A41N/A
6/26/201577444N/A53N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FN's forecast earnings growth (22.1% per year) is above the savings rate (3.4%).

Earnings vs Market: FN's earnings (22.1% per year) are forecast to grow faster than the US market (16% per year).

High Growth Earnings: FN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FN's revenue (20.4% per year) is forecast to grow faster than the US market (11.1% per year).

High Growth Revenue: FN's revenue (20.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FN's Return on Equity is forecast to be high in 3 years time (23.9%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 06:43
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/26
Annual Earnings2025/06/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fabrinet is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy LongBarclays
Dong WangBarclays
Karl AckermanBNP Paribas