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FNFabrinetHold6.1·$588.03-7.48%
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Fabrinet (FN) Stock Analysis

HoldVALUE-TRAP 1/5Moderate Confidence

Technology · Electronic Components

Hold if already holding. Not a fresh buy at $588.03, but acceptable to hold if already in. Reasons: Concentration risk — Product: optical communications (76.6%); Concentration risk — Geographic: Thailand.

Fabrinet provides precision optical and electro-mechanical manufacturing services to OEMs in optical communications (76.6% of fiscal 2025 revenue), automotive, and industrial lasers markets, primarily from Thailand. Revenue grew 18.6% to $3.42 billion in fiscal year 2025. In... Read more

$588.03+10.8% A.UpsideScore 6.1/10#5 of 24 Electronic Components
QualityF-score7 / 9FCF yield-0.35%
Stop $546.87Target $651.73(analyst − 13%)A.R:R 0.7:1
Analyst target$749.11+27.4%9 analysts
$651.73our TP
$588.03price
$749.11mean
$850

Hold if already holding. Not a fresh buy at $588.03, but acceptable to hold if already in. Reasons: Concentration risk — Product: optical communications (76.6%); Concentration risk — Geographic: Thailand. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Score 6.1/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 62d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Aug 17, 202662d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Strong growth profile
Risks
Concentration risk — Product: optical communications (76.6%)
Concentration risk — Geographic: Thailand

Key Metrics

P/E (TTM)54.7
P/E (Fwd)36.8
Mkt Cap$22.8B
EV/EBITDA45.5
Profit Mgn9.9%
ROE20.0%
Rev Growth39.3%
Beta1.17
DividendNone
Rating analysts19

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C1.31bearish
IV95%elevated

Concentration Risks(10-K Item 1A)

  • HIGHProductoptical communications77%
    10-K Item 1: 'Our percentage of revenues from optical communications products decreased from 79.4% in fiscal year 2024 to 76.6% in fiscal year 2025'
  • HIGHGeographicThailand
    10-K Item 1: 'approximately 3.3 million square feet are located in Thailand'
  • MEDIUMCustomersmall number of customers
    10-K Item 1A: 'Our sales depend on a small number of customers'

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

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 ceiling hit

GatesA.R:R 0.7 < 1.5@spotMomentum 4.7<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.7>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 62d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
38 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $550.03Resistance $732.63

Price Targets

$547
$652
A.Upside+10.8%
A.R:R0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 0.7 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-17 (62d)

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?

Hold if already holding. Not a fresh buy at $588.03, but acceptable to hold if already in. Reasons: Concentration risk — Product: optical communications (76.6%); Concentration risk — Geographic: Thailand. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Target $651.73 (+10.8%), stop $546.87 (−7.5%), A.R:R 0.7:1. Score 6.1/10, moderate confidence.

What is the FN stock price target?

Take-profit target: $651.73 (+10.8% upside). Target $651.73 (+10.8%), stop $546.87 (−7.5%), A.R:R 0.7:1. Stop-loss: $546.87.

What are the risks of investing in FN?

Concentration risk — Product: optical communications (76.6%); Concentration risk — Geographic: Thailand.

Is FN overvalued or undervalued?

Fabrinet trades at a P/E of 54.7 (forward 36.8). TrendMatrix value score: 4.7/10. Verdict: Hold.

What do analysts say about FN?

19 analysts cover FN with a consensus score of 4.0/5. Average price target: $749.

What does Fabrinet do?Fabrinet provides precision optical and electro-mechanical manufacturing services to OEMs in optical communications...

Fabrinet provides precision optical and electro-mechanical manufacturing services to OEMs in optical communications (76.6% of fiscal 2025 revenue), automotive, and industrial lasers markets, primarily from Thailand. Revenue grew 18.6% to $3.42 billion in fiscal year 2025. In many cases, Fabrinet is the sole outsourced manufacturing partner for the products it builds for OEM customers.

Related stocks: CLS (Celestica, Inc.) · TEL (TE Connectivity plc) · APH (Amphenol Corporation) · JBL (Jabil Inc.) · TTMI (TTM Technologies, Inc.)
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