Fabrinet, a provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services, has recently been the focus of attention as Wolfe Research initiated coverage on the stock. The stock ticker for Fabrinet is (FN, Financial).
The action was taken by Wolfe Research analyst George Notter, with the initiation dated July 8, 2025. The coverage comes with a rating of 'Peer Perform.' Currently, there is no specified price target provided by the analyst. As of now, no prior rating exists for (FN, Financial) from this particular research firm.
Fabrinet's stock (FN, Financial) is listed on the NYSE and is denominated in USD. Investors and stakeholders may take note of this new coverage as a potential indicator of the stock's performance and prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Fabrinet (FN, Financial) is $266.88 with a high estimate of $375.00 and a low estimate of $172.04. The average target implies an downside of 6.66% from the current price of $285.93. More detailed estimate data can be found on the Fabrinet (FN) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Fabrinet's (FN, Financial) average brokerage recommendation is currently 2.5, 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 $241.99, suggesting a downside of 15.37% from the current price of $285.93. 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.