
Fabrinet (FN) Stock Forecast & Price Target
Fabrinet (FN) Analyst Ratings
Bulls say
Fabrinet has demonstrated significant growth metrics, with telecom sales increasing 59% year-over-year and 15% quarter-over-quarter, reaching $505 million, driven largely by strong demand for 400G/800G ZR shipments and contributions from Ciena's WaveLogic program. Additionally, the company reported total revenues of $978 million for the first quarter of fiscal year 2026, representing a 22% year-over-year and 8% quarter-over-quarter increase, surpassing estimates by approximately $50 million. Fabrinet's strategic initiatives, including the integration of optical component and systems production, along with upcoming enhancements in production capacity exceeding $2 billion, bolster a favorable outlook for the company’s performance.
Bears say
Fabrinet experienced a decline in Datacom revenues, which fell by 1% quarter-over-quarter and 17% year-over-year, indicating challenges in the optical communications segment. The gross margins decreased to 12.3%, reflecting negative impacts from foreign exchange headwinds and increased labor costs, which may signal pressure on the company's profitability. Moreover, the company faces significant risks associated with pricing pressures and supply chain challenges, which could potentially hinder its ability to secure timely orders and maintain market share.
This aggregate rating is based on analysts' research of Fabrinet and is not a guaranteed prediction by Public.com or investment advice.
Fabrinet (FN) Analyst Forecast & Price Prediction
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