The price of FN is predicted to go up -4.51%, based on the high correlation periods with AMPH. The similarity of these two price pattern on the periods is 94.08%.
FN
AMPH
Down: -4.51%Similarity: 94.08%
FN Revenue Forecast
FN EPS Forecast
FN FAQs
What is bull’s view on FN?
FN stock (Fabrinet) is currently trading at $278.97, near its 52-week high of $278.38, reflecting strong momentum. The recent 10.6% surge was driven by optimism surrounding AI-related investments, particularly the $500 billion Stargate AI initiative, which could boost demand for optical components. However, its valuation appears stretched, and analysts are divided, with targets ranging from $178 (Strong Sell) to $292 (Hold).
What is bear's view on FN?
Fabrinet (FN) stock has recently surged to $278.97, reflecting a 10.6% gain driven by optimism surrounding AI-related investments like the Stargate project. However, analysts are divided: B. Riley Securities downgraded FN to "Strong Sell" with a $178 target, citing overvaluation and reliance on specific catalysts, while others see potential upside due to AI-driven demand. The bear's view focuses on FN's high valuation multiples and potential growth challenges, suggesting a correction toward $178 if expectations aren't met.
What is FN revenue forecast for next quarter?
The market consensus for FN's revenue in the upcoming quarter is projected to be approximately $859.765M USD.
What is FN eps forecast for next quarter?
The market consensus for FN's eps in the upcoming quarter is projected to be approximately $2.605 USD.
B. Riley lowered the firm's price target on Fabrinet to $194 from $196 and keeps a Neutral rating on the shares. Sales and EPS for Q1 was above consensus, with most of the quarter over quarter revenue growth coming from non-800G, the analyst tells investors in a research note. Even though Telecom is improving, given the stock's rather rich multiples, the firm thinks 800G and eventually 1.6T will be the dominant catalyst for the stock, to the upside or to the downside.