Fabrinet (FN) Stock Falls on Q2 2026 Earnings

Fabrinet (FN) reported Q2 2026 results with revenue of $1.13 billion, up 508.07% year-over-year and modestly above the consensus revenue estimate of $1.11 billion. Diluted earnings per share were $3.11, a 196.19% increase year-over-year but short of the EPS estimate of $3.34.

Gross profit: $137.7 million (up 36.52% year-over-year).

Operating profit: $114.4 million (up 43.73% year-over-year).

Net income attributable to common shareholders: $112.6 million (up 141.88% year-over-year).

Cost of sales: $995.2 million (up 35.82% year-over-year).

Balance sheet and cash-flow snapshots highlight mixed dynamics between profitability and liquidity.

Cash from operating activities: $46.3 million (down 111.28% year-over-year).

Capital expenditures (purchases of property, plant and equipment): $51.61 million (up 6,632.42% year-over-year).

Cash and cash equivalents: $319.9 million (down 61.2% year-over-year).

Total liabilities: $1.08 billion (down 97.25% year-over-year).

Market and analyst context:

Revenue beat consensus, while diluted EPS missed the estimate.

Shares reacted negatively, with the stock down 11.63% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Fabrinet Insider Trading Activity

Fabrinet insiders have traded $FN stock on the open market 36 times in the past 6 months. Of those trades, 0 have been purchases and 36 have been sales.

Here’s a breakdown of recent trading of $FN stock by insiders over the last 6 months:

SEAMUS GRADY (Chief Executive Officer) has made 0 purchases and 9 sales selling 31,964 shares for an estimated $13,169,227.
CSABA SVERHA (Chief Financial Officer) has made 0 purchases and 5 sales selling 23,000 shares for an estimated $7,654,928.
PRABIR ADARKAR (PRESIDENT AND COO) has made 0 purchases and 8 sales selling 24,968 shares for an estimated $6,799,264.
HARPAL GILL (PRESIDENT & COO) sold 14,203 shares for an estimated $5,044,152
ROLLANCE E. OLSON has made 0 purchases and 2 sales selling 9,000 shares for an estimated $3,007,100.
EDWARD T. ARCHER (EVP, Sales & Marketing) has made 0 purchases and 5 sales selling 6,533 shares for an estimated $2,253,905.
HOMA BAHRAMI sold 3,500 shares for an estimated $1,588,114
DARLENE S. KNIGHT has made 0 purchases and 4 sales selling 2,679 shares for an estimated $1,054,520.
THOMAS F KELLY sold 2,200 shares for an estimated $1,021,112

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Fabrinet Hedge Fund Activity

We have seen 261 institutional investors add shares of Fabrinet stock to their portfolio, and 241 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 1,120,779 shares (+269.7%) to their portfolio in Q3 2025, for an estimated $408,658,438
WESTFIELD CAPITAL MANAGEMENT CO LP removed 500,308 shares (-75.4%) from their portfolio in Q3 2025, for an estimated $182,422,302
CAPITAL INTERNATIONAL INVESTORS removed 440,576 shares (-40.8%) from their portfolio in Q3 2025, for an estimated $160,642,821
CAPITAL RESEARCH GLOBAL INVESTORS removed 411,350 shares (-29.0%) from their portfolio in Q3 2025, for an estimated $149,986,437
ALLIANCEBERNSTEIN L.P. added 346,113 shares (+226.1%) to their portfolio in Q3 2025, for an estimated $126,199,722
HOLOCENE ADVISORS, LP added 342,402 shares (+inf%) to their portfolio in Q3 2025, for an estimated $124,846,617
WASATCH ADVISORS LP removed 339,020 shares (-19.0%) from their portfolio in Q3 2025, for an estimated $123,613,472

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Fabrinet Congressional Stock Trading

Members of Congress have traded $FN stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $FN stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Fabrinet Analyst Ratings

Wall Street analysts have issued reports on $FN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 11/04/2025
Rosenblatt issued a "Buy" rating on 08/19/2025

To track analyst ratings and price targets for Fabrinet, check out Quiver Quantitative's $FN forecast page.

Fabrinet Price Targets

Multiple analysts have issued price targets for $FN recently. We have seen 6 analysts offer price targets for $FN in the last 6 months, with a median target of $538.5.

Here are some recent targets:

Christopher Rolland from Susquehanna set a target price of $570.0 on 01/22/2026
Tim Long from Barclays set a target price of $537.0 on 01/14/2026
Mike Genovese from Rosenblatt set a target price of $550.0 on 11/04/2025
Samik Chatterjee from JP Morgan set a target price of $530.0 on 11/04/2025
Ryan Koontz from Needham set a target price of $540.0 on 11/04/2025
Dave Kang from B. Riley Securities set a target price of $220.0 on 08/19/2025