Fabrinet (NYSE:FN) Issues Q2 Earnings Guidance

Fabrinet (NYSE:FN) updated its second quarter earnings guidance on Monday. The company provided EPS guidance of $2.44-$2.52 for the period, compared to the consensus EPS estimate of $2.45. The company issued revenue guidance of $800-$820 million, compared to the consensus revenue estimate of $797.24 million. Fabrinet also updated its Q2 2025 guidance to 2.440-2.520 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Needham & Company LLC assumed coverage on shares of Fabrinet in a report on Tuesday. They issued a “buy” rating and a $280.00 target price on the stock. JPMorgan Chase & Co. raised their target price on shares of Fabrinet from $240.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Rosenblatt Securities raised their target price on shares of Fabrinet from $260.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, August 20th. Finally, B. Riley reduced their target price on shares of Fabrinet from $196.00 to $194.00 and set a “neutral” rating on the stock in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Fabrinet has an average rating of “Moderate Buy” and a consensus target price of $248.17.

Fabrinet Stock Up 1.7 %

NYSE:FN traded up $4.24 during midday trading on Thursday, reaching $250.97. The stock had a trading volume of 107,962 shares, compared to its average volume of 488,691. The stock has a market cap of $9.10 billion, a P/E ratio of 29.20 and a beta of 0.95. Fabrinet has a 12-month low of $159.30 and a 12-month high of $278.38. The firm has a fifty day simple moving average of $238.55 and a two-hundred day simple moving average of $231.81.

Fabrinet (NYSE:FN) last released its quarterly earnings results on Monday, November 4th. The technology company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.01. The business had revenue of $804.20 million during the quarter, compared to the consensus estimate of $771.24 million. Fabrinet had a return on equity of 18.50% and a net margin of 10.28%. The business’s revenue was up 17.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.78 EPS. On average, sell-side analysts anticipate that Fabrinet will post 9.11 earnings per share for the current fiscal year.

Insider Transactions at Fabrinet

In related news, EVP Edward T. Archer sold 8,690 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $220.26, for a total value of $1,914,059.40. Following the completion of the transaction, the executive vice president now owns 8,333 shares of the company’s stock, valued at approximately $1,835,426.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP Edward T. Archer sold 8,690 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $220.26, for a total value of $1,914,059.40. Following the completion of the transaction, the executive vice president now owns 8,333 shares of the company’s stock, valued at approximately $1,835,426.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Csaba Sverha sold 100 shares of Fabrinet stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $270.00, for a total value of $27,000.00. Following the completion of the sale, the chief financial officer now owns 19,347 shares of the company’s stock, valued at $5,223,690. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 44,728 shares of company stock valued at $11,645,062 in the last 90 days. 0.38% of the stock is currently owned by insiders.

About Fabrinet

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, advanced packaging, integration, final assembly, and testing.