Fabrinet (FN)
NYSE: FN · Real-Time Price · USD
222.74
-8.89 (-3.84%)
Dec 19, 2024, 4:00 PM EST - Market closed
Fabrinet Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Fabrinet stock have an average target of 252.14, with a low estimate of 178 and a high estimate of 292. The average target predicts an increase of 13.20% from the current stock price of 222.74.
Analyst Consensus: Buy
* Price targets were last updated on Nov 20, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold → Strong Sell Downgrades $194 → $178 | Hold → Strong Sell | Downgrades | $194 → $178 | -20.09% | Nov 20, 2024 |
| Barclays | Barclays | Hold Initiates $292 | Hold | Initiates | $292 | +31.09% | Nov 14, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $196 → $194 | Hold | Maintains | $196 → $194 | -12.90% | Nov 5, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $240 → $285 | Hold | Maintains | $240 → $285 | +27.95% | Aug 20, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $171 → $196 | Hold | Maintains | $171 → $196 | -12.01% | Aug 20, 2024 |
Financial Forecast
Revenue This Year
3.42B
from 2.88B
Increased by 18.52%
Revenue Next Year
3.90B
from 3.42B
Increased by 14.02%
EPS This Year
10.42
from 8.10
Increased by 28.59%
EPS Next Year
11.92
from 10.42
Increased by 14.48%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.6B | 4.7B | 5.5B |
| Avg | 3.4B | 3.9B | 4.7B |
| Low | 3.2B | 3.4B | 4.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 23.6% | 36.6% | 40.5% |
| Avg | 18.5% | 14.0% | 20.4% |
| Low | 10.5% | -1.6% | 5.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 10.86 | 14.18 | 16.83 |
| Avg | 10.42 | 11.92 | 14.24 |
| Low | 9.58 | 9.81 | 12.05 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 34.0% | 36.1% | 41.1% |
| Avg | 28.6% | 14.5% | 19.4% |
| Low | 18.3% | -5.8% | 1.1% |
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.