
Fabrinet (FN) Stock Forecast & Price Target
Fabrinet (FN) Analyst Ratings
Bulls say
Fabrinet's stock outlook is positively influenced by a significant increase in revenue from its Telecom segment, which grew 24% year-over-year and 17% quarter-over-quarter, reaching $348 million, driven by a strong demand for 400ZR shipments. The company also demonstrated robust financial health, evidenced by a 26% year-over-year growth in Free Cash Flow to $94 million and an increase in Cash from Operating Activities to $116 million, marking a substantial rise from previous periods. Additionally, Fabrinet's strategic integration of optical component production with systems production is expected to enhance cost efficiency and performance, contributing to anticipated growth in its Datacom segment.
Bears say
Fabrinet is facing a negative outlook largely due to anticipated declines in its Datacom segment, driven by a product transition by NVIDIA that could impact revenue in the upcoming quarters. Additionally, the company is experiencing pricing pressure and challenges in maintaining productivity amid supply chain difficulties, which may adversely affect its profitability over time. Moreover, the issuance of in-the-money warrants has resulted in contra-revenues, leading to lowered earnings per share guidance and revised financial forecasts for the upcoming quarter.
This aggregate rating is based on analysts' research of Fabrinet and is not a guaranteed prediction by Public.com or investment advice.
Fabrinet (FN) Analyst Forecast & Price Prediction
Start investing in Fabrinet (FN)
Order type
Buy in
Order amount
Est. shares
0 shares