Fabrinet (FN) Stock Overview
Provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 6/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
FN Community Fair Values
Create NarrativeSee what 54 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Fabrinet Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$524.79 |
| 52 Week High | US$748.89 |
| 52 Week Low | US$272.49 |
| Beta | 1.17 |
| 1 Month Change | -23.60% |
| 3 Month Change | -4.92% |
| 1 Year Change | 77.52% |
| 3 Year Change | 304.06% |
| 5 Year Change | 450.50% |
| Change since IPO | 4,781.77% |
Recent News & Updates
Seeking Alpha • 15h
Fabrinet: Capacity Build-Out Sets Up FY27 Acceleration
Summary Fabrinet is rated Buy with a $622 price target, driven by robust growth and strategic capacity expansion. FN's Q3 revenue surged 39% YoY to $1.214B, with operating margin expanding 50 bps and ROIC reaching 41.8%. Capacity build-out to $8.5B revenue enables multi-year growth visibility, underpinned by direct-to-hyperscaler and CPO programs. Valuation premium is justified by 30%+ growth, margin expansion, and capital efficiency, despite customer concentration and component supply risks. Read the full article on Seeking Alpha
Narrative Update • Jun 15
FN: Record Q3 Results And Co-Packaged Optics Position Will Drive Future Upside
Analysts have kept their $850.00 price target for Fabrinet unchanged, citing only modest tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that do not materially alter their valuation view. What's in the News Fabrinet reported record fiscal Q3 2026 results, with revenue rising 39.3% year over year and telecom revenue reaching a record US$628.3 million, driven largely by Optical Communications (Source: Fabrinet Posts Strong Q3 Results Amid Profit-Taking and Valuation Concerns).
Narrative Update • Jun 01
FN: CPO Expansion And Buybacks Will Support Future Upside Potential
Analysts have lifted their price target for Fabrinet from $582.22 to $749.11, citing updated assumptions for revenue growth, profit margins, and future P/E that feed into a higher fair value estimate and a slightly higher discount rate. What's in the News Fabrinet made a minority investment in Taiwan based Raytek Semiconductor, a wafer level packaging specialist, to strengthen its position in the co packaged optics (CPO) supply chain.Recent updates
Seeking Alpha • 15h
Fabrinet: Capacity Build-Out Sets Up FY27 Acceleration
Summary Fabrinet is rated Buy with a $622 price target, driven by robust growth and strategic capacity expansion. FN's Q3 revenue surged 39% YoY to $1.214B, with operating margin expanding 50 bps and ROIC reaching 41.8%. Capacity build-out to $8.5B revenue enables multi-year growth visibility, underpinned by direct-to-hyperscaler and CPO programs. Valuation premium is justified by 30%+ growth, margin expansion, and capital efficiency, despite customer concentration and component supply risks. Read the full article on Seeking AlphaNarrative Update • Jun 15
FN: Record Q3 Results And Co-Packaged Optics Position Will Drive Future Upside
Analysts have kept their $850.00 price target for Fabrinet unchanged, citing only modest tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that do not materially alter their valuation view. What's in the News Fabrinet reported record fiscal Q3 2026 results, with revenue rising 39.3% year over year and telecom revenue reaching a record US$628.3 million, driven largely by Optical Communications (Source: Fabrinet Posts Strong Q3 Results Amid Profit-Taking and Valuation Concerns).Narrative Update • Jun 01
FN: CPO Expansion And Buybacks Will Support Future Upside Potential
Analysts have lifted their price target for Fabrinet from $582.22 to $749.11, citing updated assumptions for revenue growth, profit margins, and future P/E that feed into a higher fair value estimate and a slightly higher discount rate. What's in the News Fabrinet made a minority investment in Taiwan based Raytek Semiconductor, a wafer level packaging specialist, to strengthen its position in the co packaged optics (CPO) supply chain.Narrative Update • May 15
FN: Completed Buybacks And Earnings Outlook Will Support Future Upside Potential
Analysts have kept their average Fabrinet price target steady at $850.00. The latest update reflects tweaks to assumptions for discount rate, revenue growth, profit margins and future P/E that together support this unchanged view on fair value.Narrative Update • Apr 30
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).Narrative Update • Apr 16
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.Narrative Update • Apr 02
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.
Narrative Update • Mar 19
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.Narrative Update • Mar 04
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).Narrative Update • Feb 18
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.Narrative Update • Feb 04
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.Narrative Update • Jan 21
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).Narrative Update • Jan 07
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).Analysis Article • Jan 02
Returns Are Gaining Momentum At Fabrinet (NYSE:FN)
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Narrative Update • Dec 14
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.Narrative Update • Nov 29
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.Narrative Update • Nov 15
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).Analysis Article • Nov 11
After Leaping 29% Fabrinet (NYSE:FN) Shares Are Not Flying Under The Radar
Fabrinet ( NYSE:FN ) shareholders have had their patience rewarded with a 29% share price jump in the last month...Narrative Update • Nov 01
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.Narrative Update • Oct 17
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.Narrative Update • Oct 03
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.Analysis Article • Sep 13
Is Fabrinet (NYSE:FN) Potentially Undervalued?
Today we're going to take a look at the well-established Fabrinet ( NYSE:FN ). The company's stock received a lot of...Narrative Update • Aug 20
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.Analysis Article • Jul 25
The Return Trends At Fabrinet (NYSE:FN) Look Promising
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Jul 10
Is Now The Time To Put Fabrinet (NYSE:FN) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jun 27
Fabrinet's (NYSE:FN) 27% Share Price Surge Not Quite Adding Up
Fabrinet ( NYSE:FN ) shares have continued their recent momentum with a 27% gain in the last month alone. Looking...Seeking Alpha • Feb 12
Fabrinet: Struggling To Kick On
Summary The Fabrinet stock has struggled to make any headway over the past year, and the Q2 results which came out last week failed to lift sentiment. We cover some of the major sub-plots of the earnings event and ascertain why weakness has persisted despite a strong beat and a lift in guidance at the headline level. On a forward P/E basis, Fabrinet is still priced at a slight premium to its historical average, but that premium can be mitigated by the sturdy earnings growth on offer. Despite weak cash flow generation, the subdued market-cap makes the current FCF yield of +4% look better than the historical average of around 3%. Fabrinet's short, medium, long-term and relative strength charts don't reflect well on its prospects. Read the full article on Seeking AlphaShareholder Returns
| FN | US Electronic | US Market | |
|---|---|---|---|
| 7D | -8.5% | -0.5% | -2.6% |
| 1Y | 77.5% | 93.0% | 20.0% |
Return vs Industry: FN underperformed the US Electronic industry which returned 93% over the past year.
Return vs Market: FN exceeded the US Market which returned 20% over the past year.
Price Volatility
| FN volatility | |
|---|---|
| FN Average Weekly Movement | 11.2% |
| Electronic Industry Average Movement | 9.1% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FN's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 16,457 | Seamus Grady | www.fabrinet.com |
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, packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances.
Fabrinet Fundamentals Summary
| FN fundamental statistics | |
|---|---|
| Market cap | US$20.34b |
| Earnings (TTM) | US$420.97m |
| Revenue (TTM) | US$4.24b |
44.7x
P/E Ratio4.4x
P/S RatioIs FN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FN income statement (TTM) | |
|---|---|
| Revenue | US$4.24b |
| Cost of Revenue | US$3.73b |
| Gross Profit | US$509.75m |
| Other Expenses | US$88.78m |
| Earnings | US$420.97m |
Last Reported Earnings
Mar 27, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.75 |
| Gross Margin | 12.04% |
| Net Profit Margin | 9.94% |
| Debt/Equity Ratio | 0% |
How did FN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 04:13 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2026/03/27 |
| Annual Earnings | 2025/06/27 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Timothy Long | Barclays |
| Dong Wang | Barclays |
| Karl Ackerman | BNP Paribas |