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Fabrinet (FN) Stock Analysis

Buy WaitVALUE-TRAP 3/5Moderate Confidence

Technology · Electronic Components

Earnings in 3 days (2026-05-04). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $563.28. Weak momentum — blocks BUY_NOW at $706.88. Engine's entry $563.28 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.7% away).

Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to OEMs across optical communications (76.6% of FY2025 revenue), industrial lasers, automotive, and medical devices. Revenue grew to $3.42B in fiscal... Read more

$706.88+19.9% A.UpsideScore 5.6/10#10 of 24 Electronic Components
Entry $563.28(Rr Min Solve Sticky)Stop $483.50Target $720.09(resistance)A.R:R -1.1:1Setup A.R:R 2.8:1
Analyst target$680.00-3.8%9 analysts
$720.09our TP
$706.88price
$680.00mean
$452
$850

Wait for pullback to $563.28. Weak momentum — blocks BUY_NOW at $706.88. Engine's entry $563.28 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.7% away). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Earnings in 3 days. Wait until post-earnings. Score 5.6/10, moderate confidence.

Passes 5/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: moderate.

Thesis

Rewards
No bull case signals
Risks
Analyst target reached - limited upside remaining
Near 52-week high (3.7% away)
Value-trap signals (3/5): High leverage (D/E 3.1), Material insider selling (21 sells, 0.06% of cap), Negative free cash flow

Key Metrics

P/E (TTM)65.3
P/E (Fwd)40.9
Mkt Cap$24.5B
EV/EBITDA54.1
Profit Mgn9.7%
ROE18.7%
Rev Growth35.9%
Beta1.03
DividendNone
Rating analysts19

Quality Signals

Piotroski F7/9

Options Flow

P/C0.48bullish
IV118%elevated
Max Pain$440-37.8% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomersmall number of customers
    10-K Item 1A: 'Our sales depend on a small number of customers. A reduction in orders from any of these customers...could harm our business, financial condition and operating results.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Pe
1.7
Forward Pe
2.7
Analyst Target
3.0
Peg Ratio
5.7
Ps
6.0
Forward P/E: 40.9xPEG: 1.33
GatesA.R:R -1.1=NEGATIVEEARNINGS PROXIMITY 3d<=7dMomentum 4.9<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.9>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $543.79Resistance $734.79

Price Targets

$484
$563
$720
A.Upside+1.9%
A.R:R-1.1:1
Setup A.R:R (at entry)2.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-16.4% upside)
! Earnings in 3 days - binary event risk
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-04 (3d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FN stock a buy right now?

Wait for pullback to $563.28. Weak momentum — blocks BUY_NOW at $706.88. Engine's entry $563.28 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.7% away). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Earnings in 3 days. Wait until post-earnings. Target $720.09 (+1.9%), stop $483.50 (−46.2%), Setup A.R:R 2.8:1. Score 5.6/10, moderate confidence.

What is the FN stock price target?

Take-profit target: $720.09 (+19.9% upside). Target $720.09 (+1.9%), stop $483.50 (−46.2%), Setup A.R:R 2.8:1. Stop-loss: $483.50.

What are the risks of investing in FN?

Analyst target reached - limited upside remaining; Near 52-week high (3.7% away); Value-trap signals (3/5): High leverage (D/E 3.1), Material insider selling (21 sells, 0.06% of cap), Negative free cash flow.

Is FN overvalued or undervalued?

Fabrinet trades at a P/E of 65.3 (forward 40.9). TrendMatrix value score: 3.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about FN?

19 analysts cover FN with a consensus score of 4.0/5. Average price target: $680.

What does Fabrinet do?Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing...

Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to OEMs across optical communications (76.6% of FY2025 revenue), industrial lasers, automotive, and medical devices. Revenue grew to $3.42B in fiscal 2025, primarily from Thailand-based manufacturing; in many cases Fabrinet is the sole outsourced manufacturing partner for its customers.

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