Fabrinet (NYSE:FN) Updates Q2 Earnings Guidance

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

Fabrinet Stock Performance

Shares of Fabrinet stock traded down $2.92 on Monday, reaching $239.61. 771,853 shares of the company were exchanged, compared to its average volume of 481,530. The company’s 50-day moving average is $239.06 and its two-hundred day moving average is $230.70. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 29.94 and a beta of 0.95. Fabrinet has a 1-year low of $157.55 and a 1-year high of $278.38.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Rosenblatt Securities raised their target price on Fabrinet from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday, August 20th. B. Riley raised their target price on Fabrinet from $171.00 to $196.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. JPMorgan Chase & Co. increased their price target on Fabrinet from $240.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Finally, Needham & Company LLC increased their price target on Fabrinet from $270.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $248.50.

Insider Buying and Selling at Fabrinet

In other news, CFO Csaba Sverha sold 9,288 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $270.08, for a total transaction of $2,508,503.04. Following the completion of the sale, the chief financial officer now directly owns 19,768 shares of the company’s stock, valued at $5,338,941.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CFO Csaba Sverha sold 9,288 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $270.08, for a total transaction of $2,508,503.04. Following the completion of the sale, the chief financial officer now directly owns 19,768 shares of the company’s stock, valued at $5,338,941.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Edward T. Archer sold 8,690 shares of the firm’s 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 sale, the executive vice president now directly owns 8,333 shares of the company’s stock, valued at approximately $1,835,426.58. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,728 shares of company stock valued at $11,645,062. 0.38% of the stock is 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.