Fabrinet (FN, Financial) reported its third-quarter revenue at $871.8 million, surpassing market expectations of $856.95 million. The company experienced robust performance in the telecom sector, which successfully outweighed a predicted drop in datacom revenue. This achievement also led to a non-GAAP earnings per share that exceeded the company's own projections. CEO Seamus Grady expressed optimism about Fabrinet's capacity for continued strong execution as they look forward to the fourth quarter and into fiscal 2026.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Fabrinet (FN, Financial) is $256.63 with a high estimate of $350.00 and a low estimate of $172.04. The average target implies an upside of 16.17% from the current price of $220.90. More detailed estimate data can be found on the Fabrinet (FN) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Fabrinet's (FN, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fabrinet (FN, Financial) in one year is $218.14, suggesting a downside of 1.25% from the current price of $220.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fabrinet (FN) Summary page.
