Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
Cayman IslandsIPO:
25 June 2010Website:
http://www.fabrinet.comNext earnings report:
05 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 2 min agoDividend
Analysts recommendations
Institutional Ownership
FN Latest News
Nvidia-related news had Fabrinet investors feeling more bearish today.
Barclays initiated coverage of Fabrinet (FN) with an Equal Weight rating and $292 price target. The firm believes upside is "baked in at the current premium valuation." While Barclays appreciates Fabrinet's "strong positioning" with Nvidia (NVDA) optical transceivers, it says the timing and magnitude uncertainty on 1.6T ramp could be a concern for shares. It sees a balanced risk/reward at current Fabrinet share levels.
Fabrinet (FN) came out with quarterly earnings of $2.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2 per share a year ago.
BANGKOK, Thailand, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced it will release financial results for the first quarter of fiscal year 2025, which ended September 27, 2024, after market close on Monday, November 4, 2024. On that day, management will hold a conference call and webcast at 5:00 p.m. EST to review and discuss the Company's results.
Fabrinet (FN) possesses solid growth attributes, which could help it handily outperform the market.
SUPV, FN and QFIN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 26, 2024.
Fabrinet (FN) possesses solid growth attributes, which could help it handily outperform the market.
Fabrinet (FN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The specialty electronics maker unveiled its final set of quarterly figures for fiscal 2024. These crushed analyst estimates for both revenue and profitability.
While the top- and bottom-line numbers for Fabrinet (FN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
What type of business is Fabrinet?
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise transceivers, tunable lasers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
What sector is Fabrinet in?
Fabrinet is in the Technology sector
What industry is Fabrinet in?
Fabrinet is in the Electronic Components industry
What country is Fabrinet from?
Fabrinet is headquartered in Cayman Islands
When did Fabrinet go public?
Fabrinet initial public offering (IPO) was on 25 June 2010
What is Fabrinet website?
https://www.fabrinet.com
Is Fabrinet in the S&P 500?
No, Fabrinet is not included in the S&P 500 index
Is Fabrinet in the NASDAQ 100?
No, Fabrinet is not included in the NASDAQ 100 index
Is Fabrinet in the Dow Jones?
No, Fabrinet is not included in the Dow Jones index
When was Fabrinet the previous earnings report?
No data
When does Fabrinet earnings report?
The next expected earnings date for Fabrinet is 05 February 2025