Fabrinet (FN) Stock Falls on Q3 2026 Earnings

Fabrinet (FN) reported results for Q3 2026 with total revenue of $1.214 billion, a year-over-year increase of 541.3%. Revenue came in just below the consensus estimate of $1.216 billion. Diluted earnings per share were 3.45 versus an estimate of 3.666.

Key operational results:

Gross profit: $144.3 million (+35.23% YoY)

Operating profit: $120.0 million (+42.98% YoY)

Net income attributable to common shareholders: $125.2 million (+205.93% YoY)

Cost of sales: $1.070 billion (+36.47% YoY)

Cash flow and balance sheet highlights:

Cash from operating activities: $52.9 million (-93.88% YoY)

Purchases of property, plant and equipment (capex): $63.8 million (+7123.82% YoY)

Cash and cash equivalents: $356.6 million (-51.43% YoY)

Total liabilities: $1.204 billion (-96.83% YoY)

Market reaction and context: the stock moved by -13.49% since market close, with strong year-over-year profitability gains on the income statement but a sharp decline in operating cash flow and significant increases in capital spending.

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 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 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 4 sales selling 22,451 shares for an estimated $10,034,497.
THOMAS F KELLY has made 0 purchases and 5 sales selling 4,050 shares for an estimated $2,175,243.
HOMA BAHRAMI sold 3,500 shares for an estimated $1,588,114
DARLENE S. KNIGHT has made 0 purchases and 2 sales selling 1,000 shares for an estimated $477,056.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

Fabrinet Hedge Fund Activity

We have seen 313 institutional investors add shares of Fabrinet stock to their portfolio, and 258 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 2,504,841 shares (+163.0%) to their portfolio in Q4 2025, for an estimated $1,140,404,010
POINT72 ASSET MANAGEMENT, L.P. removed 465,312 shares (-59.6%) from their portfolio in Q4 2025, for an estimated $211,847,247
CITADEL ADVISORS LLC removed 432,283 shares (-71.0%) from their portfolio in Q4 2025, for an estimated $196,809,804
JPMORGAN CHASE & CO added 419,081 shares (+64.8%) to their portfolio in Q4 2025, for an estimated $190,799,197
CAPITAL INTERNATIONAL INVESTORS removed 337,584 shares (-52.9%) from their portfolio in Q4 2025, for an estimated $153,695,243
CAPITAL RESEARCH GLOBAL INVESTORS removed 297,162 shares (-29.5%) from their portfolio in Q4 2025, for an estimated $135,291,915
HAWK RIDGE CAPITAL MANAGEMENT LP removed 276,395 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $125,837,115

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Fabrinet Congressional Stock Trading

Members of Congress have traded $FN stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

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

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $50,000 on 03/27.
REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 03/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

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:

Rosenblatt issued a "Buy" rating on 02/03/2026
Needham issued a "Buy" rating on 02/03/2026

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 $549.0.

Here are some recent targets:

Samik Chatterjee from JP Morgan set a target price of $700.0 on 04/16/2026
Mike Genovese from Rosenblatt set a target price of $550.0 on 02/03/2026
Ryan Koontz from Needham set a target price of $540.0 on 02/03/2026
Tim Long from Barclays set a target price of $548.0 on 02/03/2026
Dave Kang from B. Riley Securities set a target price of $452.0 on 02/03/2026
Christopher Rolland from Susquehanna set a target price of $570.0 on 01/22/2026