Fabrinet Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Fabrinet stock have an average target of 254.43, with a low estimate of 194 and a high estimate of 292. The average target predicts an increase of 3.03% from the current stock price of 246.94.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$194	$254.43	$280	$292
Change	-21.44%	+3.03%	+13.39%	+18.25%

Analyst Ratings

The average analyst rating for Fabrinet stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	4	4	2
Buy	1	1	1	1	1	1
Hold	3	3	3	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Wang Barclays	Barclays	Hold Initiates $292	Hold	Initiates	$292	+18.25%	Nov 14, 2024
Dave Kang B. Riley Securities	B. Riley Securities	Hold Maintains $196 → $194	Hold	Maintains	$196 → $194	-21.44%	Nov 5, 2024
Samik Chatterjee JP Morgan	JP Morgan	Hold Maintains $240 → $285	Hold	Maintains	$240 → $285	+15.41%	Aug 20, 2024
Dave Kang B. Riley Securities	B. Riley Securities	Hold Maintains $171 → $196	Hold	Maintains	$171 → $196	-20.63%	Aug 20, 2024
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy Maintains $260 → $280	Strong Buy	Maintains	$260 → $280	+13.39%	Aug 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.42B

from 2.88B

18.56%

from 2.88B

Revenue Next Year

3.93B

from 3.42B

14.95%

from 3.42B

EPS This Year

10.38

from 8.10

28.09%

from 8.10

EPS Next Year

11.89

from 10.38

14.59%

from 10.38

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 26, 2020	Jun 25, 2021	Jun 24, 2022	Jun 30, 2023	Jun 28, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	1.64B	1.88B	2.26B	2.65B	2.88B	3.42B	3.93B	4.79B
Revenue Growth	3.63%	14.47%	20.37%	16.93%	8.99%	18.56%	14.95%	21.81%
EPS	3.01	3.95	5.36	6.73	8.10	10.38	11.89	14.86
EPS Growth	-6.81%	31.23%	35.70%	25.56%	20.36%	28.09%	14.59%	24.97%
Forward PE	-	-	-	-	-	23.80	20.77	16.62
No. Analysts	-	-	-	-	-	10	9	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.6B	4.8B	5.4B
Avg	3.4B	3.9B	4.8B
Low	3.2B	3.4B	4.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	24.2%	41.0%	36.4%
Avg	18.6%	15.0%	21.8%
Low	10.5%	-1.6%	4.5%

EPS Forecast

EPS	2025	2026	2027
High	10.97	14.53	16.49
Avg	10.38	11.89	14.86
Low	9.58	9.81	12.89

EPS Growth

EPS Growth	2025	2026	2027
High	35.5%	40.1%	38.7%
Avg	28.1%	14.6%	25.0%
Low	18.3%	-5.4%	8.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.