Fabrinet's stock price increased by 5.01% during regular trading, crossing above its 5-day SMA. This movement occurs amid a mixed market environment, with the Nasdaq-100 down 0.04% and the S&P 500 up 0.22%. The stock's rise suggests sector rotation as investors shift their focus despite the slight decline in the tech-heavy index.
The positive movement aligns with broader market strength, indicating that investors are favoring certain sectors, including technology, which may be benefiting from recent trends in digital transformation and increased demand for tech solutions. This shift in investor sentiment could be a response to ongoing developments in the tech sector, which remains resilient despite broader market fluctuations.
Overall, Fabrinet's performance reflects a strategic positioning within the technology sector, and its ability to cross above the 5-day SMA may attract further investor interest as market conditions evolve.
Wall Street analysts forecast FN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FN is 544.83 USD with a low forecast of 499.00 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast FN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FN is 544.83 USD with a low forecast of 499.00 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 496.260
Low
499.00
Averages
544.83
High
600.00
Current: 496.260
Low
499.00
Averages
544.83
High
600.00
Susquehanna
Positive
maintain
$550 -> $570
2026-01-22
Reason
Susquehanna
Price Target
$550 -> $570
AI Analysis
2026-01-22
maintain
Positive
Reason
Susquehanna raised the firm's price target on Fabrinet to $570 from $550 and keeps a Positive rating on the shares. The firm updated targets in the semiconductor group as a part of an earnings preview. Susquehanna generally expects in-line results to modest upside in Q4, amid a "steadying upcycle" and a broadening of the artificial intelligence infrastructure supply chain. While the industrial end market is improving, auto remains somewhat challenged, the analyst tells investors in a research note.
Keefe Bruyette
Outperform
maintain
$70 -> $72
2025-12-18
Reason
Keefe Bruyette
Price Target
$70 -> $72
2025-12-18
maintain
Outperform
Reason
Keefe Bruyette raised the firm's price target on Fidelity National to $72 from $70 and keeps an Outperform rating on the shares. The firm remains reasonably constructive on the mortgage insurers given the expectation that the companies will generate double-digit book value growth, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FN
Unlock Now
Susquehanna
NULL -> Positive
initiated
$550
2025-12-15
Reason
Susquehanna
Price Target
$550
2025-12-15
initiated
NULL -> Positive
Reason
Susquehanna initiated coverage of Fabrinet with a Positive rating and $550 price target.
Susquehanna
Positive
initiated
$550
2025-12-15
Reason
Susquehanna
Price Target
$550
2025-12-15
initiated
Positive
Reason
Susquehanna initiated coverage of Fabrinet with a Positive rating and $550 price target. Fabrinet has benfited from the inflection of transceivers in data centers and is set to further benefit from multiplying opportunities in optical networking, with an emerging story in high performance computing contract manufacturing for AI servers in addition, the analyst tells investors in a research note.
About FN
Fabrinet is a provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, automotive components, industrial lasers, medical devices and sensors. The Company offers a range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advanced packaging, integration, final assembly and testing. It focuses primarily on low-volume production of a wide variety of high complexity products. It also designs and fabricates applications-specific crystals, lenses, prisms, mirrors, laser components, and substrates (customized optics) and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products (customized glass).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.