Fabrinet (NYSE:FN – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.440-2.520 for the period, compared to the consensus earnings per share estimate of 2.440. The company issued revenue guidance of $800.0 million-$820.0 million, compared to the consensus revenue estimate of $793.5 million. Fabrinet also updated its Q2 guidance to $2.44-$2.52 EPS.
Analysts Set New Price Targets
FN has been the topic of a number of recent analyst reports. Needham & Company LLC began coverage on shares of Fabrinet in a report on Tuesday. They issued a “buy” rating and a $280.00 price target on the stock. B. Riley lowered their target price on shares of Fabrinet from $196.00 to $194.00 and set a “neutral” rating on the stock in a research note on Tuesday. Rosenblatt Securities raised their price target on shares of Fabrinet from $260.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of Fabrinet from $240.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $248.17.
View Our Latest Report on Fabrinet
Fabrinet Stock Performance
Fabrinet (NYSE:FN – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.01. Fabrinet had a net margin of 10.27% and a return on equity of 18.10%. The firm had revenue of $804.20 million for the quarter, compared to analysts’ expectations of $771.24 million. During the same quarter last year, the company posted $1.78 EPS. The business’s quarterly revenue was up 17.3% on a year-over-year basis. As a group, equities research analysts predict that Fabrinet will post 9.11 EPS for the current fiscal year.
Insider Transactions at Fabrinet
In other news, EVP Edward T. Archer sold 8,690 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $220.26, for a total value of $1,914,059.40. Following the completion of the sale, the executive vice president now directly owns 8,333 shares in the company, valued at approximately $1,835,426.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, EVP Edward T. Archer sold 8,690 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $220.26, for a total value of $1,914,059.40. Following the completion of the sale, the executive vice president now owns 8,333 shares of the company’s stock, valued at approximately $1,835,426.58. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Seamus Grady sold 26,650 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $270.00, for a total value of $7,195,500.00. Following the sale, the chief executive officer now owns 37,643 shares of the company’s stock, valued at $10,163,610. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 44,728 shares of company stock worth $11,645,062. 0.38% of the stock is currently owned by corporate insiders.
Fabrinet Company Profile
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.
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