Fabrinet (NYSE:FN) Issues Q1 2027 Earnings Guidance

Fabrinet (NYSE:FN) updated its first quarter 2027 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 4.100-4.250 for the period, compared to the consensus estimate of 3.950. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion.

Fabrinet Stock Up 5.0%

Shares of FN stock opened at $598.50 on Tuesday. The company has a market cap of $21.44 billion, a price-to-earnings ratio of 51.42 and a beta of 1.23. Fabrinet has a 52 week low of $272.49 and a 52 week high of $748.89. The firm has a 50 day moving average of $526.47 and a 200-day moving average of $569.40.

Fabrinet (NYSE:FN) last released its quarterly earnings data on Tuesday, August 18th. The technology company reported $4.10 earnings per share for the quarter, beating the consensus estimate of $3.81 by $0.29. Fabrinet had a net margin of 9.94% and a return on equity of 19.83%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the business posted $2.65 EPS. Fabrinet’s revenue for the quarter was up 44.6% compared to the same quarter last year. Analysts anticipate that Fabrinet will post 12.97 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Weiss Ratings downgraded shares of Fabrinet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Rosenblatt Securities raised their target price on Fabrinet from $715.00 to $750.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Barclays reaffirmed an “overweight” rating on shares of Fabrinet in a research report on Tuesday. Fox Advisors downgraded Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research note on Tuesday, May 5th. Finally, Zacks Research lowered Fabrinet from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Fabrinet currently has an average rating of “Moderate Buy” and a consensus price target of $643.00.

Insider Activity at Fabrinet

In related news, Director Homa Bahrami sold 2,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $711.91, for a total value of $1,779,775.00. Following the sale, the director owned 16,233 shares in the company, valued at $11,556,435.03. This represents a 13.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.24% of the stock is currently owned by insiders.

Fabrinet News Roundup

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Record quarter and full-year growth: Fabrinet reported fourth-quarter revenue of $1.316 billion, up 45% year over year and above its guidance range. Fiscal 2026 revenue rose 36% to $4.64 billion, while GAAP diluted EPS increased to $3.83 from $2.42. Fabrinet Announces Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: AI and data-center demand remains powerful: Data-center revenue surged 68% in the quarter, and CEO Seamus Grady said he sees “no end in sight” to demand. The sustained expansion of AI infrastructure is supporting Fabrinet’s optical packaging and manufacturing businesses. Fabrinet CEO Sees No End in Sight to Data Center Demand
• Positive Sentiment: Non-GAAP earnings exceeded expectations: Adjusted EPS was $4.10 versus the roughly $3.81–$3.85 consensus range, and revenue also topped estimates of approximately $1.28 billion. Fabrinet Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Above-consensus outlook and analyst support: Fabrinet expects fiscal Q1 revenue of $1.375 billion to $1.425 billion and non-GAAP EPS of $4.10 to $4.25, both above consensus. Needham maintained a Buy rating and a $650 price target, citing strong demand and new capacity. Analyst Maintains Buy on Fabrinet
• Negative Sentiment: GAAP guidance created near-term caution: Fiscal Q1 GAAP EPS guidance of $3.39 to $3.54 is below the adjusted range because it includes approximately $0.40 per share of Pillar Two tax expense. The discrepancy prompted some investors to question near-term reported profitability despite the strong operating outlook. Why Fabrinet Is Trending

Institutional Trading of Fabrinet

Several institutional investors and hedge funds have recently modified their holdings of FN. Quarry LP boosted its position in shares of Fabrinet by 300.0% during the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock valued at $33,000 after buying an additional 54 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new stake in Fabrinet in the 4th quarter valued at $37,000. Kemnay Advisory Services Inc. bought a new position in Fabrinet during the 4th quarter valued at $42,000. Strive Financial Group LLC bought a new position in Fabrinet during the 4th quarter valued at $49,000. Finally, Larson Financial Group LLC boosted its holdings in Fabrinet by 25.8% during the 3rd quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock worth $59,000 after acquiring an additional 33 shares during the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

About Fabrinet

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.