Fabrinet (NYSE:FN – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.550-2.630 for the period, compared to the consensus earnings per share estimate of 2.550. The company issued revenue guidance of $850.0 million-$870.0 million, compared to the consensus revenue estimate of $825.1 million.
Analysts Set New Price Targets
FN has been the subject of a number of recent research reports. JPMorgan Chase & Co. decreased their price target on shares of Fabrinet from $275.00 to $265.00 and set a “neutral” rating for the company in a research note on Tuesday. Barclays reduced their target price on Fabrinet from $292.00 to $245.00 and set an “equal weight” rating for the company in a report on Tuesday. Needham & Company LLC restated a “buy” rating and issued a $280.00 price target on shares of Fabrinet in a report on Tuesday. Rosenblatt Securities lifted their target price on shares of Fabrinet from $280.00 to $285.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, B. Riley lowered Fabrinet from a “neutral” rating to a “sell” rating and decreased their price objective for the company from $194.00 to $178.00 in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $243.29.
Check Out Our Latest Analysis on Fabrinet
Fabrinet Price Performance
Fabrinet (NYSE:FN – Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The technology company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.10). Fabrinet had a return on equity of 18.08% and a net margin of 10.28%. On average, analysts predict that Fabrinet will post 9.1 EPS for the current fiscal year.
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.
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