Fabrinet
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 43
26% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 148
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
8% more funds holding
Funds holding: 433 [Q2] → 468 (+35) [Q3]
3.05% less ownership
Funds ownership: 107.22% [Q2] → 104.17% (-3.05%) [Q3]
6% less capital invested
Capital invested by funds: $9.49B [Q2] → $8.91B (-$575M) [Q3]
37% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $31.9M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan Samik Chatterjee 62% 1-year accuracy 39 / 63 met price target | 25%upside $265 | Neutral Maintained | 4 Feb 2025 |
Barclays George Wang 71% 1-year accuracy 12 / 17 met price target | 15%upside $245 | Equal-Weight Maintained | 4 Feb 2025 |
Rosenblatt Mike Genovese 69% 1-year accuracy 24 / 35 met price target | 34%upside $285 | Buy Maintained | 4 Feb 2025 |
Needham Ryan Koontz 72% 1-year accuracy 74 / 103 met price target | 32%upside $280 | Buy Reiterated | 4 Feb 2025 |
B. Riley Securities Dave Kang 64% 1-year accuracy 9 / 14 met price target | 16%downside $178 | Sell Downgraded | 20 Nov 2024 |
Financial journalist opinion
Based on 8 articles about FN published over the past 30 days









