Fabrinet (FN)
NYSE: FN · IEX Real-Time Price · USD
165.20
-0.92 (-0.55%)
At close: Apr 18, 2024, 4:00 PM
164.00
-1.20 (-0.73%)
Pre-market: Apr 19, 2024, 4:48 AM EDT
Fabrinet Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Fabrinet stock have an average target of 179.17, with a low estimate of 28 and a high estimate of 230. The average target predicts an increase of 8.46% from the current stock price of 165.20.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Fabrinet stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 1 | 0 | 1 | 1 |
| Hold | 2 | 2 | 3 | 4 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $210 → $212 | Hold | Maintains | $210 → $212 | +28.33% | Apr 11, 2024 |
| Needham | Needham | Strong Buy Maintains $230 → $220 | Strong Buy | Maintains | $230 → $220 | +33.17% | Mar 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold → Buy Upgrades $200 → $220 | Hold → Buy | Upgrades | $200 → $220 | +33.17% | Mar 21, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +39.23% | Feb 6, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $200 | Buy → Hold | Downgrades | $200 | +21.07% | Feb 6, 2024 |
Financial Forecast
Revenue This Year
2.93B
from 2.65B
Increased by 10.65%
Revenue Next Year
3.26B
from 2.93B
Increased by 11.24%
EPS This Year
8.58
from 6.73
Increased by 27.44%
EPS Next Year
9.56
from 8.58
Increased by 11.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.4B | 4.1B |
| Avg | 2.9B | 3.3B | 3.6B |
| Low | 2.7B | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 17.0% | 24.6% |
| Avg | 10.7% | 11.2% | 10.7% |
| Low | 3.0% | 3.2% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.88 | 10.22 | 12.25 |
| Avg | 8.58 | 9.56 | 10.77 |
| Low | 7.97 | 8.82 | 9.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.0% | 19.1% | 28.1% |
| Avg | 27.4% | 11.5% | 12.7% |
| Low | 18.4% | 2.8% | -2.0% |
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.