NYSE: FN

Fabrinet (FN) Stock Analysis & Forecast

Sep 28 close

$409.96−7.43 (−1.8%)

Gekko Brief

AI summary

Fabrinet's week centers on continued attention to its capacity expansion for AI-driven data centers and optical technologies, alongside lingering questions about customer concentration, NVIDIA-related revenue normalization, margin pressure and elevated capital spending. The stock also drew comparisons with peers AAOI and LITE on data center demand, with Q4 fiscal 2026 data center revenue cited at $669 million. Analysts have issued a "Moderate Buy" consensus, with six buy ratings and two holds among firms covering the stock, and a consensus target of $734.11, alongside notice of a fund trimming its position amid supply constraint concerns.

The shares closed at $409.96, down 1.8%, sitting below both the 50-day average of $453.76 and the 200-day average of $532.95, with the 50-day below the 200-day. Momentum over the past month shows a decline of 5.3%, with three-month and six-month returns of -22.4% and -25.7% respectively, against a one-year gain of 13.6%. The GekkoIndex reads 60.2, placing the stock in the Accumulation zone, while the price sits 13.3% below Gekko Fair Value of $472.65.

The next earnings report is scheduled for 2 November 2026, after the close, 34 days out and beyond a typical 20-trading-day holding window. No insider, Congress or unusual options activity appears in the respective 90-day and 30-day windows. Seasonally, the next 20 trading days have averaged a 4.1% return over 5 years, rising in 3 of those years, a pattern worth noting given current volatility measures showing a typical 20-day move of 8.3%.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Fabrinet price vs fair value

$472.65$409.96Sep ’25Mar ’26Sep ’26
Close $409.96200-day averageGekko Fair Value $472.65

Fabrinet quick facts

Market cap
$14.69B
P/E ratio
32
Forward P/E
12.8
EPS, TTM
$13.06
Revenue, TTM
$4.64B
Profit margin
10.2%
Dividend yield
—
Beta
1.21
Volume
798,461 avg 775,339
1-year return
+13.6%
Typical daily move
±4.6%
Typical 20-day move
±8.3%
50-day average
$453.76
200-day average
$532.95
Next earnings
Nov 2 after close
Shares outstanding
35.83M
52-week range
$354.79$748.89

Fabrinet swing-trade checklist

Fabrinet scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $409.96 is below the 50-day ($453.76) and 200-day ($532.95) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    60.2, Accumulation

    Reading 60.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    13.3% below

    Price is 13.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 34 days

    Next report Nov 2, 2026, 34 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.1% on average

    From this point in the calendar, the next 20 trading days averaged +4.1% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Fabrinet stock chart and price history

Fabrinet closed at $409.96 on Sep 28, 2026, +13.6% over the past year, inside a 52-week range of $354.79 to $748.89.

Close50-day average200-day averageVolume
Fabrinet share price, past year, with 50-day and 200-day moving averages and volume$300$500$600$700NovDecJan 2026FebMarAprMayJunJulAugSep409.96

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−5.3%
3 months
−22.4%
6 months
−25.7%
1 year
+13.6%
The full FN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FN in Gekko

Follow Fabrinet through every session

Put FN on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Fabrinet

Fabrinet manufactures precision optical, electro-mechanical, and electronic products for other companies, working across North America, the Asia-Pacific, and Europe. It handles the full production cycle for these goods, from engineering and supply chain work through assembly and testing. Among its output are components used to route voice, video, and data traffic through fiber optic networks, along with transceivers, tunable lasers, transponders, and high-speed cabling for data centers and computing clusters.

Beyond networking gear, Fabrinet produces lasers used in semiconductor processing, biotechnology, medical devices, metrology, and materials work, plus sensors for automobiles and non-contact temperature sensors for medical use. It also fabricates crystals, lenses, prisms, mirrors, and glass products such as borosilicate and fused silica items. Its customers are original equipment manufacturers across optical communications, industrial lasers, automotive parts, medical devices, and sensor technology.

The company was incorporated in 1999 and is headquartered in George Town, Cayman Islands. Its shares trade on the NYSE under the ticker FN.

Listed
NYSE
Sector
Electronic technology
Industry
Semiconductors
Website
fabrinet.com

Fabrinet GekkoIndex: the smart money zone

Fabrinet’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.2, in the Accumulation zone, down 2.5 points over five sessions.

010060.2Accumulation

Down 2.5 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying11+7.7%+16.6%+24.2%+37.9%
Accumulation (current zone)196+2.5%+3.8%+5.0%+10.2%
Neutral412+0.2%+0.9%+1.8%+8.9%
Distribution44−1.3%−3.6%+2.4%+1.6%
Selling9Too few readings yet

Average FN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FN price, zone by zone.Track FN in Gekko

Is Fabrinet stock overvalued? Gekko Fair Value

Fabrinet trades 13.3% below Gekko Fair Value of $472.65, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Fabrinet shares are worth, recalculated every trading day.

$472.65

Gekko Fair Value, Sep 29, 2026

13.3% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FN in Gekko

Fabrinet insider and Congress trading

No open-market insider purchases were filed for Fabrinet, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FN insider filing, plotted on the chart in Gekko.Open FN in Gekko

Congress trades last 90 days

No trades in FN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FN, plotted on the chart in Gekko.Open FN in Gekko

Buybacks

Fabrinet has been buying back its own shares.

Bought back, quarter ended Jun 26, 2026
$1.07M
As a share of market cap
0.01%
Trailing four quarters
$6.30M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds FN.

1added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Fabrinet earnings: next date and track record

Fabrinet reports on Nov 2, 2026, after the close (34 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±7.9%average move across the report
1 of 8reports followed by a gain

Share-price move across each report

−5.1%Nov ’24−4.2%Feb ’25−6.1%May ’25−13.5%Aug ’25+4.3%Nov ’25−8.4%Feb ’26−6.5%May ’26−15.4%Aug ’26

Last earnings call, Aug 17, 2026 AI summary

What they said
Fabrinet reported Q4 FY26 revenue of $1.316 billion, up 45% year-over-year, exceeding guidance. Non-GAAP EPS of $4.10 also beat guidance. Full-year FY26 revenue reached $4.6 billion, a 36% increase, with non-GAAP EPS of $14.09. Growth was broad-based across data center and communications infrastructure markets. The company is expanding manufacturing capacity significantly in Thailand and Santa Clara.
Guidance
Management expressed enthusiasm for continued momentum into Q1 FY27 and full fiscal year 2027, anticipating an even stronger year. New capacity additions including Building 10 and Navanacorn facilities are expected to support accelerating demand.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 17, 2026$2.43
est $3.69
−34.1%$1.32B
est $1.28B
+3.1%−15.4%
May 4, 2026$3.72
est $3.56
+4.5%$1.21B
est $1.19B
+2.2%−6.5%
Feb 2, 2026$3.36
est $3.25
+3.4%$1.13B
est $1.08B
+5.2%−8.4%
Nov 3, 2025$2.92
est $2.82
+3.5%$978.1M
est $934.4M
+4.7%+4.3%
Aug 18, 2025$2.65
est $2.64
+0.4%$909.7M
est $883.1M
+3.0%−13.5%
May 5, 2025$2.52
est $2.47
+2.0%$871.8M
est $858.9M
+1.5%−6.1%
Feb 3, 2025$2.61
est $2.51
+4.0%$833.6M
est $859.8M
−3.0%−4.2%
Nov 4, 2024$2.39
est $2.38
+0.4%$804.2M
est $770.4M
+4.4%−5.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Fabrinet stock forecast and analyst price targets

Analysts’ average 12-month price target for Fabrinet is $734.11, +79.1% from the last close, from 8 firms rating the stock in the last 90 days.

$734.11consensus 12-month target, +79.1% from the last close
Low $598High $850
Buy6
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 23Northland SecuritiesBuy, reiterated$800+95.1%
Aug 19Fox AdvisorsBuy, upgraded——
Aug 18Northland SecuritiesBuy, reiterated$800+95.1%
Aug 18B. Riley SecuritiesHold, initiated$598+45.9%
Aug 18J.P. MorganHold, reiterated$695+69.5%
+5.0%average 20-day move after past Accumulation readings
+4.1%average move over the next 20 trading days in the last 5 years
±4.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Fabrinet seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Fabrinet averaged +4.1% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−8.3%2021+18.3%2022−8.8%2023+3.9%2024+16.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.8%4 of 5
Next 10 trading days+4.4%4 of 5
Next 15 trading days+2.5%3 of 5
Next 20 trading days+4.1%3 of 5
Next 30 trading days+17.7%5 of 5

For scale, FN’s typical 20-trading-day move in either direction is about 8.3%.

Fabrinet market cap and key statistics

Fabrinet’s market cap is $14.69B, with a P/E ratio of 32 and revenue of $4.64B over the last twelve months.

Valuation

Market cap
$14.69B
P/E ratio
32
Forward P/E
12.8
EPS, TTM
$13.06
Gekko Fair Value
$472.65

Trading

Volume
798,461
Avg volume, 20 days
775,339
52-week high
$748.89
52-week low
$354.79
Shares outstanding
35.83M

Financials

Revenue, TTM
$4.64B
Profit margin
10.2%
Return on equity
21.3%
Quarterly earnings growth, YoY
+58.1%

Risk and income

Beta
1.21
Typical daily move
±4.6%
Typical 20-day move
±8.3%

Fabrinet stock news this week

Coverage of Fabrinet this week reads positive: 7 positive, 1 neutral and 1 negative headlines.

News sentiment positive

Fabrinet peers

Fabrinet’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA−0.4%Neutral13.2% below
AVGOBroadcom−0.9%Accumulation2.3% below
MUMicron Technology−2.0%Neutral4.7% above
AMDAdvanced Micro Devices−2.7%Neutral19.9% above
INTCIntel−3.8%Neutral19.1% above
TXNTexas Instruments+0.3%Neutral7.4% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Fabrinet stock FAQ

What is Fabrinet’s market cap?

Fabrinet’s market cap is $14.69B at the Sep 28, 2026 close of $409.96, with 35.83M shares outstanding. The shares trade on a P/E ratio of 32.

What is the Fabrinet stock forecast?

The consensus analyst 12-month price target for Fabrinet is $734.11, +79.1% from the last close. Of the 8 firms that rated the stock in the last 90 days, 6 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Fabrinet stock overvalued or undervalued?

On Gekko’s estimate Fabrinet is undervalued: the Sep 28, 2026 close of $409.96 is 13.3% below Gekko Fair Value of $472.65. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Fabrinet report earnings next?

Fabrinet is expected to report on Nov 2, 2026, after the market closes (34 days away). Analysts expect earnings of $4.19 per share on revenue of $1.40B. Fabrinet beat the earnings estimate in 7 of its last 8 reports, moving 7.9% on average across the report.

What is Fabrinet’s 52-week high and low?

Fabrinet’s 52-week high is $748.89 and its 52-week low is $354.79; it closed at $409.96 on Sep 28, 2026, +13.6% over the past year.

Is Fabrinet stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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