Fabrinet (NYSE:FN – Get Free Report) is expected to issue its Q2 2026 results before the market opens on Monday, February 2nd. Analysts expect the company to announce earnings of $3.26 per share and revenue of $1.0774 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Monday, February 2, 2026 at 5:00 PM ET.
Fabrinet Trading Down 1.1%
Shares of NYSE FN opened at $490.68 on Friday. The business has a 50 day simple moving average of $471.81 and a 200-day simple moving average of $403.35. Fabrinet has a twelve month low of $148.55 and a twelve month high of $531.22. The company has a market capitalization of $17.58 billion, a price-to-earnings ratio of 50.53 and a beta of 1.04.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on FN. Susquehanna raised their price target on shares of Fabrinet from $550.00 to $570.00 and gave the stock a “positive” rating in a research report on Thursday, January 22nd. Rosenblatt Securities raised their target price on Fabrinet from $425.00 to $550.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Needham & Company LLC raised their target price on shares of Fabrinet from $440.00 to $540.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fabrinet in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Fabrinet from $430.00 to $530.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $477.13.
Insider Buying and Selling at Fabrinet
In other Fabrinet news, Director Homa Bahrami sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $453.75, for a total value 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. The trade was a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 completion of the sale, the director owned 18,789 shares of the company’s stock, valued at $8,720,726.46. This represents a 10.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 28,151 shares of company stock worth $12,643,707 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Fabrinet
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC acquired a new position in Fabrinet during the 1st quarter worth $203,000. Empowered Funds LLC bought a new position in Fabrinet during the first quarter worth about $2,331,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Fabrinet by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,444 shares of the technology company’s stock worth $15,691,000 after buying an additional 3,717 shares in the last quarter. M&T Bank Corp acquired a new position in Fabrinet during the second quarter worth $214,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Fabrinet by 574.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 533 shares of the technology company’s stock worth $157,000 after purchasing an additional 454 shares in the last quarter. 97.38% of the stock is currently owned by institutional investors and hedge funds.
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.
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