Fabrinet (FN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $4.34
- Estimate
- $4.20
- Surprise
- +3.4%
- Score at report (before → after)
- 6.3 → 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Fabrinet (FN) beat the $4.20 estimate with adjusted EPS of $4.34 — a clear 3.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Sell at 6.3/10 after the report.
Coverage in the report window
- Fabrinet Sees Q2 GAAP EPS $3.81-$3.96 vs $4.30 Est — benzinga, 2026-11-02
Where TrendMatrix's rating stands now
TrendMatrix currently rates FN Sell at 6.3/10.
3 of the last 4 quarters beat the estimate; this quarter's +3.4% surprise compares with a +3.7% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Concentration risk — Supplier: critical materials from single source or limited number of suppliers
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $314.70
- Price target
- $557.19
- Stop
- $296.46
- Upside to target
- +77.1%
- Reward-to-risk
- 5.1:1
The stock trades at 25.1× trailing but 14.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 24 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-11-03 — shown for context, not personalized investment advice.
FN at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Electronic Components
- Market cap
- $11.28B
- P/E (fwd)
- 14.3
- P/E (ttm)
- 25.1
- 52-week range
- $305.63–$748.89
- Off 52-week high
- 58.0%
- RSI (14)
- 24
- Volume vs avg
- 1.47×
- Score today
- 6.3/10