Fabrinet
FN
Market cap $9.24B

255.50 USD

-9.43

3.56%

At close Oct 15, 4:00 PM EDT

After hours

255.50

+0.00

0.00%

1 day

-3.56%

5 days

4.35%

1 month

13.98%

3 months

-0.07%

6 months

47.79%

Year to date

35.09%

1 year

45.44%

5 years

396.31%

About: Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advanced packaging, integration, final assembly, and testing. The company generates the majority of its revenue from North America and Asia-Pacific, with the rest from Europe.

Employees: 14,213

Communication Services Telephone & Telegraph Apparatus

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 53

34% more call options, than puts

Call options by funds: $22.2M | Put options by funds: $16.5M

28% more capital invested

Capital invested by funds: $7.17B [Q1] → $9.18B (+$2.01B) [Q2]

8% more funds holding

Funds holding: 400 [Q1] → 431 (+31) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

0.68% less ownership

Funds ownership: 104.53% [Q1] → 103.84% (-0.68%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 166

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$196

23%

downside

Avg. target

$256

0%

upside

High target

$285

12%

upside

5 analyst ratings

2 positive

40%

3 neutral

60%

0 negative

0%

JP Morgan Samik Chatterjee 70% 1-year accuracy 40 / 57 met price target	12%upside $285	Neutral Maintained	20 Aug 2024
B. Riley Securities Dave Kang 75% 1-year accuracy 12 / 16 met price target	23%downside $196	Neutral Maintained	20 Aug 2024
Rosenblatt Mike Genovese 74% 1-year accuracy 26 / 35 met price target	10%upside $280	Buy Maintained	20 Aug 2024
Needham Alex Henderson 78% 1-year accuracy 66 / 85 met price target	10%upside $280	Buy Maintained	20 Aug 2024
JP Morgan Samik Chatterjee 70% 1-year accuracy 40 / 57 met price target	6%downside $240	Neutral Maintained	12 Aug 2024

See Analyst Rankings

Financial journalist opinion

Fabrinet: Ideal Way To Play 2025 AI Trend

Fabrinet, supported by Nvidia, offers a low-risk investment in datacenter and optical communication manufacturing, now attractively priced at $233 amid solid revenue growth. Fiscal Q4 saw record revenue of $753.3 million, driven by AI applications and Nvidia's production ramp-up, with 34% EPS growth. The company has no debt, a $200 million buyback program, and $858 million in net cash, providing flexibility for future investments.

Fabrinet: Ideal Way To Play 2025 AI Trend

Zacks Investment Research

4 Top Electronics Stocks With Bright Industry Prospects to Buy

The Zacks Electronics - Miscellaneous Components industry players like FN, NOVT, OSIS and AMSC are set to gain from the solid adoption of AI and the democratization of IoT techniques.

4 Top Electronics Stocks With Bright Industry Prospects to Buy

Zacks Investment Research

3 Reasons Why Growth Investors Shouldn't Overlook Fabrinet (FN)

Fabrinet (FN) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Growth Investors Shouldn't Overlook Fabrinet (FN)

24/7 Wall Street

3 Hidden Stocks That Could Ride NVIDIA's Next Hit Product to Huge Gains

Nvidia's (NASDAQ:NVDA) stock price has been on a tear in recent years, and is undoubtedly the best-performing mega-cap stock in the market.

3 Hidden Stocks That Could Ride NVIDIA's Next Hit Product to Huge Gains

Zacks Investment Research

Wall Street Analysts Think Fabrinet (FN) Could Surge 25.83%: Read This Before Placing a Bet

The consensus price target hints at a 25.8% upside potential for Fabrinet (FN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Fabrinet (FN) Could Surge 25.83%: Read This Before Placing a Bet

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Microsoft, Bank of America And 2 Other Stocks Executives Are Selling

The Nasdaq 100 closed slightly higher during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

Microsoft, Bank of America And 2 Other Stocks Executives Are Selling

Zacks Investment Research

Fabrinet (FN) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Fabrinet (FN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Fabrinet (FN) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Zacks Investment Research

Best Momentum Stock to Buy for August 26th

SUPV, FN and QFIN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 26, 2024.

Best Momentum Stock to Buy for August 26th

Zacks Investment Research

Is Fabrinet (FN) a Solid Growth Stock? 3 Reasons to Think "Yes"

Fabrinet (FN) possesses solid growth attributes, which could help it handily outperform the market.

Is Fabrinet (FN) a Solid Growth Stock? 3 Reasons to Think "Yes"

See News Rankings

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