Fabrinet (NYSE:FN) Receives “Buy” Rating from Rosenblatt Securities

Fabrinet (NYSE:FN)‘s stock had its “buy” rating reissued by Rosenblatt Securities in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $550.00 target price on the technology company’s stock. Rosenblatt Securities’ target price would indicate a potential upside of 10.04% from the stock’s current price.

A number of other brokerages have also recently issued reports on FN. Barclays set a $548.00 target price on Fabrinet and gave the company an “overweight” rating in a research report on Tuesday. Susquehanna boosted their price objective on Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. Zacks Research lowered shares of Fabrinet from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Needham & Company LLC lifted their target price on shares of Fabrinet from $440.00 to $540.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $478.50.

Fabrinet Trading Up 2.1%

Shares of Fabrinet stock opened at $499.83 on Tuesday. The company has a fifty day simple moving average of $473.49 and a 200-day simple moving average of $406.16. Fabrinet has a 12-month low of $148.55 and a 12-month high of $531.22. The stock has a market cap of $17.91 billion, a price-to-earnings ratio of 51.48 and a beta of 1.04.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.10. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Fabrinet had a net margin of 9.77% and a return on equity of 18.16%. Fabrinet’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.61 earnings per share. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. On average, analysts forecast that Fabrinet will post 9.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Homa Bahrami sold 3,500 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $453.75, for a total transaction of $1,588,125.00. Following the completion of the sale, the director directly owned 18,316 shares of the company’s stock, valued at $8,310,885. This trade represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Seamus Grady sold 22,451 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $446.95, for a total transaction of $10,034,474.45. Following the completion of the transaction, the chief executive officer directly owned 23,573 shares in the company, valued at $10,535,952.35. This represents a 48.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 28,151 shares of company stock valued at $12,643,707 over the last three months. 0.24% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Westend Capital Management LLC purchased a new position in Fabrinet during the fourth quarter worth about $29,000. Root Financial Partners LLC purchased a new stake in Fabrinet in the 3rd quarter valued at approximately $34,000. Elevation Point Wealth Partners LLC acquired a new position in Fabrinet during the 2nd quarter worth approximately $35,000. First Horizon Advisors Inc. raised its stake in shares of Fabrinet by 124.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 139 shares of the technology company’s stock worth $41,000 after buying an additional 77 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Fabrinet by 118.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 142 shares of the technology company’s stock valued at $42,000 after buying an additional 77 shares during the period. 97.38% of the stock is currently owned by institutional investors and hedge funds.

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

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.