Fabrinet (FN) Stock Forecast, Price Target & Predictions
FN Stock Forecast
Fabrinet stock forecast is as follows: an average price target of $173.57 (represents a -24.83% downside from FN’s last price of $230.89) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
FN Price Target
The average price target for Fabrinet (FN) is $173.57 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $260.00 to $100.00. This represents a potential -24.83% downside from FN's last price of $230.89.
FN Analyst Ratings
According to 7 Wall Street analysts, Fabrinet's rating consensus is 'Hold'. The analyst rating breakdown for FN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Fabrinet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 07, 2024 | Mike Genovese | Rosenblatt Securities | $260.00 | $188.83 | 37.69% | 12.61% |
| Mar 22, 2024 | Alex Henderson | Needham | $220.00 | $197.14 | 11.60% | -4.72% |
| Mar 21, 2024 | Tim Savageaux | Northland Securities | $220.00 | $206.80 | 6.38% | -4.72% |
| Aug 21, 2023 | Troy Jensen | Lake Street | $130.00 | $117.81 | 10.35% | -43.70% |
| Feb 07, 2023 | - | Northland Securities | $155.00 | $121.61 | 27.46% | -32.87% |
| Feb 07, 2023 | - | Needham | $150.00 | $132.06 | 13.58% | -35.03% |
| Dec 20, 2022 | - | J.P. Morgan | $156.00 | $127.61 | 22.25% | -32.44% |
| Apr 28, 2022 | Fahad Najam | Loop Capital Markets | $129.00 | $100.73 | 28.07% | -44.13% |
| Feb 02, 2022 | Dave Kang | B.Riley Financial | $100.00 | $101.47 | -1.45% | -56.69% |
The latest Fabrinet stock forecast, released on May 07, 2024 by Mike Genovese from Rosenblatt Securities, set a price target of $260.00, which represents a 37.69% increase from the stock price at the time of the forecast ($188.83), and a 12.61% increase from FN last price ($230.89).
Fabrinet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $233.33 |
| Last Closing Price | $230.89 | $230.89 | $230.89 |
| Upside/Downside | -100.00% | -100.00% | 1.06% |
In the current month, the average price target of Fabrinet stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fabrinet's last price of $230.89. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 20, 2024 | B. Riley | Neutral | Neutral | Hold |
| Aug 20, 2024 | Needham | Buy | Buy | Hold |
| Jun 26, 2024 | Needham | Buy | Buy | Hold |
| Jun 26, 2024 | Jefferies | Underperform | Underperform | Hold |
| Jun 26, 2024 | Jefferies | - | Hold | Initialise |
| Mar 21, 2024 | Northland Securities | Buy | Buy | Hold |
| Mar 21, 2024 | Noble Capital Markets | Underperform | Underperform | Hold |
| Aug 22, 2023 | Lake Street | Outperform | Outperform | Hold |
| Aug 21, 2023 | B. Riley Securities | Neutral | Neutral | Hold |
| Aug 21, 2023 | Needham | Buy | Buy | Hold |
Fabrinet's last stock rating was published by B. Riley on Aug 20, 2024. The company gave FN a "Neutral" rating, the same as its previous rate.
Fabrinet Financial Forecast
Fabrinet Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $712.69M | $685.48M | $655.87M | $665.28M | $668.66M | $655.43M | $587.87M | $564.39M | $566.63M | $543.32M | $509.57M | $479.32M | $453.83M | $436.64M | $405.11M | $411.21M | $426.22M | $399.30M |
| Avg Forecast | $949.30M | $921.70M | $895.84M | $861.43M | $867.14M | $845.72M | $859.80M | $819.73M | $797.27M | $771.24M | $732.63M | $714.60M | $696.32M | $659.00M | $641.42M | $650.52M | $652.47M | $630.20M | $581.48M | $575.27M | $554.97M | $522.66M | $487.48M | $468.83M | $433.70M | $421.66M | $387.02M | $414.03M | $413.15M | $390.30M |
| High Forecast | $950.69M | $923.05M | $897.16M | $862.69M | $868.42M | $846.96M | $861.06M | $820.93M | $798.44M | $772.46M | $733.70M | $715.64M | $708.69M | $660.29M | $642.36M | $651.47M | $653.43M | $631.13M | $581.48M | $584.41M | $563.79M | $530.97M | $495.23M | $476.29M | $440.59M | $428.36M | $393.17M | $420.61M | $419.72M | $396.50M |
| Low Forecast | $947.86M | $920.30M | $894.48M | $860.12M | $865.83M | $844.43M | $858.49M | $818.48M | $796.06M | $770.16M | $731.52M | $713.51M | $688.70M | $656.73M | $640.45M | $649.53M | $651.48M | $629.25M | $581.48M | $566.70M | $546.71M | $514.88M | $480.22M | $461.85M | $427.24M | $415.38M | $381.25M | $407.87M | $407.00M | $384.49M |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 8 | 8 | 7 | 6 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.02% | 1.02% | 1.02% | 1.04% | 1.01% | 0.98% | 1.02% | 1.04% | 1.05% | 1.02% | 1.05% | 1.04% | 1.05% | 0.99% | 1.03% | 1.02% |
Fabrinet's average Quarter revenue forecast for Mar 24 based on 2 analysts is $714.60M, with a low forecast of $713.51M, and a high forecast of $715.64M. FN's average Quarter revenue forecast represents a 0.27% increase compared to the company's last Quarter revenue of $712.69M (Dec 23).
Fabrinet EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 8 | 8 | 7 | 6 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $69.01M | $63.98M | $61.40M | $81.95M | $79.09M | $74.66M | $56.86M | $63.83M | $59.90M | $54.82M | $50.11M | $48.50M | $45.68M | $43.54M | $36.66M | $37.30M | $41.23M | $37.97M |
| Avg Forecast | $102.19M | $99.22M | $96.44M | $92.73M | $93.35M | $91.04M | $92.56M | $88.25M | $85.83M | $83.03M | $78.87M | $77.75M | $74.96M | $70.94M | $69.05M | $70.68M | $70.24M | $58.24M | $60.93M | $64.25M | $58.26M | $52.94M | $46.33M | $45.52M | $43.05M | $40.43M | $32.87M | $38.09M | $38.12M | $36.12M |
| High Forecast | $102.34M | $99.37M | $96.58M | $92.87M | $93.49M | $91.18M | $92.70M | $88.37M | $85.95M | $83.16M | $78.98M | $93.30M | $76.29M | $71.08M | $69.15M | $84.82M | $70.34M | $69.89M | $60.93M | $77.11M | $69.91M | $63.53M | $55.60M | $54.63M | $51.65M | $48.52M | $39.44M | $45.71M | $45.75M | $43.35M |
| Low Forecast | $102.04M | $99.07M | $96.29M | $92.59M | $93.21M | $90.90M | $92.42M | $88.11M | $85.70M | $82.91M | $78.75M | $62.20M | $74.14M | $70.70M | $68.95M | $56.54M | $70.13M | $46.59M | $60.93M | $51.40M | $46.61M | $42.36M | $37.07M | $36.42M | $34.44M | $32.34M | $26.30M | $30.47M | $30.50M | $28.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.90% | 0.89% | 1.16% | 1.13% | 1.28% | 0.93% | 0.99% | 1.03% | 1.04% | 1.08% | 1.07% | 1.06% | 1.08% | 1.12% | 0.98% | 1.08% | 1.05% |
2 analysts predict FN's average Quarter EBITDA for Mar 24 to be $77.75M, with a high of $93.30M and a low of $62.20M. This is 12.66% upper than Fabrinet's previous annual EBITDA (Dec 23) of $69.01M.
Fabrinet Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 8 | 8 | 7 | 6 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $69.11M | $65.09M | $60.79M | $59.35M | $63.16M | $64.61M | $56.19M | $50.66M | $48.88M | $44.65M | $42.41M | $37.49M | $35.38M | $33.05M | $28.02M | $28.27M | $31.23M | $25.96M |
| Avg Forecast | $105.58M | $102.66M | $101.42M | $98.13M | $98.05M | $95.50M | $96.60M | $91.96M | $89.56M | $86.84M | $81.94M | $62.11M | $74.20M | $67.94M | $65.67M | $56.46M | $68.39M | $47.44M | $56.42M | $51.33M | $47.54M | $43.12M | $39.21M | $35.19M | $33.34M | $30.69M | $25.12M | $28.87M | $28.88M | $24.69M |
| High Forecast | $105.78M | $102.85M | $101.61M | $98.31M | $98.24M | $95.68M | $96.79M | $92.13M | $89.73M | $88.30M | $82.09M | $74.53M | $75.65M | $68.31M | $65.79M | $67.75M | $68.52M | $56.92M | $56.42M | $61.59M | $57.05M | $51.75M | $47.05M | $42.23M | $40.01M | $36.83M | $30.15M | $34.64M | $34.66M | $29.63M |
| Low Forecast | $105.37M | $102.45M | $101.22M | $97.93M | $97.86M | $95.31M | $96.41M | $91.78M | $89.38M | $85.75M | $81.78M | $49.69M | $72.38M | $67.21M | $65.54M | $45.17M | $68.26M | $37.95M | $56.42M | $41.06M | $38.03M | $34.50M | $31.37M | $28.15M | $26.67M | $24.55M | $20.10M | $23.09M | $23.10M | $19.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.96% | 0.93% | 1.05% | 0.92% | 1.36% | 1.00% | 0.99% | 1.03% | 1.04% | 1.08% | 1.07% | 1.06% | 1.08% | 1.12% | 0.98% | 1.08% | 1.05% |
Fabrinet's average Quarter net income forecast for Mar 24 is $62.11M, with a range of $49.69M to $74.53M. FN's average Quarter net income forecast represents a -10.13% decrease compared to the company's last Quarter net income of $69.11M (Dec 23).
Fabrinet SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 8 | 8 | 7 | 6 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $19.32M | $20.43M | $19.87M | $18.31M | $18.93M | $20.57M | $18.53M | $17.03M | $17.79M | $20.59M | $17.49M | $19.06M | $17.16M | $16.86M | $18.18M | $17.11M | $17.08M | $16.00M |
| Avg Forecast | $31.96M | $31.03M | $30.16M | $29.00M | $29.20M | $28.47M | $28.95M | $27.60M | $26.84M | $25.97M | $24.67M | $20.88M | $23.44M | $22.19M | $21.60M | $18.98M | $21.97M | $21.87M | $20.47M | $17.26M | $17.30M | $19.88M | $16.17M | $17.89M | $16.17M | $15.66M | $16.30M | $17.48M | $15.81M | $15.22M |
| High Forecast | $32.01M | $31.08M | $30.21M | $29.05M | $29.24M | $28.52M | $28.99M | $27.64M | $26.88M | $26.01M | $24.70M | $25.06M | $23.86M | $22.23M | $21.63M | $22.78M | $22.00M | $26.25M | $20.47M | $20.71M | $20.76M | $23.86M | $19.40M | $21.47M | $19.40M | $18.79M | $19.56M | $20.97M | $18.97M | $18.26M |
| Low Forecast | $31.91M | $30.98M | $30.12M | $28.96M | $29.15M | $28.43M | $28.90M | $27.56M | $26.80M | $25.93M | $24.63M | $16.71M | $23.19M | $22.11M | $21.56M | $15.19M | $21.93M | $17.50M | $20.47M | $13.81M | $13.84M | $15.91M | $12.94M | $14.31M | $12.93M | $12.53M | $13.04M | $13.98M | $12.65M | $12.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.92% | 0.92% | 0.96% | 0.86% | 0.94% | 0.91% | 0.99% | 1.03% | 1.04% | 1.08% | 1.07% | 1.06% | 1.08% | 1.12% | 0.98% | 1.08% | 1.05% |
Fabrinet's average Quarter SG&A projection for Mar 24 is $20.88M, based on 2 Wall Street analysts, with a range of $16.71M to $25.06M. The forecast indicates a 8.11% rise compared to FN last annual SG&A of $19.32M (Dec 23).
Fabrinet EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 8 | 8 | 7 | 6 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.90 | $1.80 | $1.67 | $1.62 | $1.73 | $1.77 | $1.53 | $1.37 | $1.32 | $1.21 | $1.15 | $1.02 | $0.96 | $0.90 | $0.76 | $0.76 | $0.84 | $0.70 |
| Avg Forecast | $2.89 | $2.81 | $2.78 | $2.69 | $2.68 | $2.61 | $2.64 | $2.52 | $2.45 | $2.38 | $2.24 | $2.11 | $2.03 | $1.86 | $1.80 | $1.88 | $1.87 | $1.74 | $1.54 | $1.52 | $1.46 | $1.33 | $1.22 | $1.14 | $1.04 | $0.98 | $0.87 | $0.94 | $0.93 | $0.82 |
| High Forecast | $2.90 | $2.82 | $2.78 | $2.69 | $2.69 | $2.62 | $2.65 | $2.52 | $2.46 | $2.42 | $2.25 | $2.11 | $2.07 | $1.87 | $1.80 | $1.88 | $1.88 | $1.74 | $1.54 | $1.55 | $1.49 | $1.36 | $1.24 | $1.17 | $1.06 | $1.00 | $0.89 | $0.95 | $0.95 | $0.84 |
| Low Forecast | $2.88 | $2.80 | $2.77 | $2.68 | $2.68 | $2.61 | $2.64 | $2.51 | $2.45 | $2.35 | $2.24 | $2.10 | $1.98 | $1.84 | $1.79 | $1.87 | $1.87 | $1.73 | $1.54 | $1.49 | $1.43 | $1.30 | $1.19 | $1.12 | $1.02 | $0.96 | $0.85 | $0.92 | $0.91 | $0.80 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.97% | 0.93% | 0.86% | 0.92% | 1.02% | 0.99% | 0.90% | 0.91% | 0.91% | 0.94% | 0.89% | 0.92% | 0.92% | 0.87% | 0.81% | 0.91% | 0.85% |
According to 2 Wall Street analysts, Fabrinet's projected average Quarter EPS for Mar 24 is $2.11, with a low estimate of $2.10 and a high estimate of $2.11. This represents a 10.89% increase compared to FN previous annual EPS of $1.90 (Dec 23).
Fabrinet Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APH | Amphenol | $63.99 | $98.58 | 54.06% | Buy |
| CLS | Celestica | $46.99 | $61.50 | 30.88% | Buy |
| OSIS | OSI Systems | $144.29 | $176.50 | 22.32% | Buy |
| JBL | Jabil | $106.83 | $126.80 | 18.69% | Buy |
| MEI | Methode Electronics | $10.71 | $12.50 | 16.71% | Hold |
| FLEX | Flex | $30.85 | $28.00 | -9.24% | Buy |
| SANM | Sanmina | $68.50 | $62.00 | -9.49% | Buy |
| PLXS | Plexus | $127.84 | $109.00 | -14.74% | Buy |
| BHE | Benchmark Electronics | $43.12 | $34.00 | -21.15% | Buy |
| FN | Fabrinet | $230.89 | $173.57 | -24.83% | Hold |
FN Forecast FAQ
Is Fabrinet a good buy?
No, according to 7 Wall Street analysts, Fabrinet (FN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of FN's total ratings.
What is FN's price target?
Fabrinet (FN) average price target is $173.57 with a range of $100 to $260, implying a -24.83% from its last price of $230.89. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Fabrinet stock go up soon?
According to Wall Street analysts' prediction for FN stock, the company can go down by -24.83% (from the last price of $230.89 to the average price target of $173.57), up by 12.61% based on the highest stock price target, and down by -56.69% based on the lowest stock price target.
Can Fabrinet stock reach $300?
FN's average twelve months analyst stock price target of $173.57 does not support the claim that Fabrinet can reach $300 in the near future.
What are Fabrinet's analysts' financial forecasts?
Fabrinet's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $3.25B (high $3.25B, low $3.24B), average EBITDA is $349.66M (high $350.18M, low $349.14M), average net income is $364.96M (high $366.95M, low $363.33M), average SG&A $109.36M (high $109.52M, low $109.19M), and average EPS is $9.99 (high $10.04, low $9.95). FN's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $3.47B (high $3.48B, low $3.46B), average EBITDA is $373.57M (high $374.11M, low $373M), average net income is $393.1M (high $393.84M, low $392.32M), average SG&A $116.83M (high $117M, low $116.66M), and average EPS is $10.76 (high $10.78, low $10.74).
Did the FN's actual financial results beat the analysts' financial forecasts?
Based on Fabrinet's last annual report (Jun 2023), the company's revenue was $2.65B, beating the average analysts forecast of $2.57B by 2.74%. Apple's EBITDA was $251.7M, missing the average prediction of $268.21M by -6.15%. The company's net income was $247.91M, beating the average estimation of $237.96M by 4.18%. Apple's SG&A was $77.67M, missing the average forecast of $84.42M by -7.99%. Lastly, the company's EPS was $6.79, missing the average prediction of $7.28 by -6.74%. In terms of the last quarterly report (Dec 2023), Fabrinet's revenue was $712.69M, beating the average analysts' forecast of $696.32M by 2.35%. The company's EBITDA was $69.01M, missing the average prediction of $74.96M by -7.93%. Fabrinet's net income was $69.11M, missing the average estimation of $74.2M by -6.86%. The company's SG&A was $19.32M, missing the average forecast of $23.44M by -17.61%. Lastly, the company's EPS was $1.9, missing the average prediction of $2.03 by -6.45%