Fabrinet (NYSE:FN) Releases Q2 Earnings Guidance

Fabrinet (NYSE:FN) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.44-$2.52 for the period, compared to the consensus 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 Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Rosenblatt Securities boosted their price target on Fabrinet from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, August 20th. JPMorgan Chase & Co. upped their price target on shares of Fabrinet from $240.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. B. Riley upped their price objective on Fabrinet from $171.00 to $196.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Finally, Needham & Company LLC began coverage on Fabrinet in a research report on Tuesday. They issued a “buy” rating and a $280.00 target price on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Fabrinet currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.50.

Fabrinet Price Performance

Fabrinet stock traded down $14.51 during mid-day trading on Tuesday, hitting $225.10. The company’s stock had a trading volume of 451,887 shares, compared to its average volume of 481,407. Fabrinet has a 52-week low of $157.55 and a 52-week high of $278.38. The firm’s 50 day moving average is $238.82 and its 200 day moving average is $231.22. The company has a market cap of $8.16 billion, a PE ratio of 26.44 and a beta of 0.95.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, August 19th. The technology company reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.35. Fabrinet had a net margin of 10.27% and a return on equity of 18.10%. The firm had revenue of $753.26 million for the quarter, compared to analyst estimates of $732.63 million. During the same quarter in the previous year, the firm posted $1.68 EPS. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. As a group, analysts forecast that Fabrinet will post 9.11 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Edward T. Archer sold 8,690 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $220.26, for a total value of $1,914,059.40. Following the transaction, the executive vice president now owns 8,333 shares of the company’s stock, valued at $1,835,426.58. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, EVP Edward T. Archer sold 8,690 shares of the company’s stock in a transaction on 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 sale, the executive vice president now owns 8,333 shares in the company, valued at $1,835,426.58. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Csaba Sverha sold 9,288 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $270.08, for a total value of $2,508,503.04. Following the transaction, the chief financial officer now owns 19,768 shares of the company’s stock, valued at approximately $5,338,941.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 44,728 shares of company stock valued at $11,645,062. 0.38% of the stock is currently owned by corporate insiders.

Fabrinet Company Profile

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.