Fabrinet Wows Wall Street, But Shares Slide On Mixed Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2025
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Source: Benzinga
Fabrinet's Q3 FY25 Results: Fabrinet reported third-quarter revenue of $871.8 million and adjusted EPS of $2.52, both exceeding expectations. The company anticipates fourth-quarter revenue between $860 million and $900 million, also above market forecasts.
Analyst Outlook: Analyst Mike Genovese raised the price target for Fabrinet from $230 to $250, citing a strong outlook in the Telecom sector and potential benefits from contracts with major companies, despite expected weaker performance in the Datacom segment.
Analyst Views on PSC
Wall Street analysts forecast PSC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSC is USD with a low forecast of USD and a high forecast of 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.
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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.
