B. Riley Has Bullish Forecast for Fabrinet Q2 Earnings

Fabrinet (NYSE:FN) – B. Riley lifted their Q2 2026 earnings per share (EPS) estimates for shares of Fabrinet in a research note issued to investors on Tuesday, February 4th. B. Riley analyst D. Kang now forecasts that the technology company will post earnings per share of $2.37 for the quarter, up from their previous forecast of $2.30. B. Riley currently has a “Sell” rating and a $178.00 target price on the stock. The consensus estimate for Fabrinet’s current full-year earnings is $9.10 per share.

A number of other equities research analysts also recently weighed in on FN. JPMorgan Chase & Co. decreased their price target on shares of Fabrinet from $275.00 to $265.00 and set a “neutral” rating on the stock in a research note on Tuesday. Rosenblatt Securities boosted their price target on shares of Fabrinet from $280.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $280.00 target price on shares of Fabrinet in a research note on Tuesday. Finally, Barclays decreased their price target on Fabrinet from $292.00 to $245.00 and set an “equal weight” rating on the stock in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Fabrinet presently has an average rating of “Hold” and a consensus price target of $243.29.

Fabrinet Trading Up 3.3 %

NYSE:FN opened at $220.83 on Thursday. Fabrinet has a 1 year low of $159.69 and a 1 year high of $281.79. The firm has a market capitalization of $8.01 billion, a PE ratio of 26.13 and a beta of 0.92. The firm’s fifty day simple moving average is $230.21 and its 200 day simple moving average is $234.03.

Fabrinet (NYSE:FN) last released its quarterly earnings results on Monday, February 3rd. The technology company reported $2.38 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.10). Fabrinet had a net margin of 10.28% and a return on equity of 18.08%.

Institutional Investors Weigh In On Fabrinet

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC boosted its position in shares of Fabrinet by 304.6% during the third quarter. Barclays PLC now owns 69,128 shares of the technology company’s stock worth $16,345,000 after purchasing an additional 52,042 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of Fabrinet during the 3rd quarter worth approximately $567,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Fabrinet by 14.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 480,550 shares of the technology company’s stock valued at $113,621,000 after buying an additional 61,491 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Fabrinet in the third quarter valued at $2,398,000. Finally, Pathstone Holdings LLC increased its holdings in Fabrinet by 40.7% during the third quarter. Pathstone Holdings LLC now owns 8,219 shares of the technology company’s stock worth $1,943,000 after buying an additional 2,378 shares during the last quarter. Institutional investors own 97.38% of the company’s stock.

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.