Fabrinet offers optical packaging and precision electronic, electromechanical and optical manufacturing services in North America, Asia-Pacific and Europe. The company is headquartered in George Town, the Cayman Islands.
| Revenue (TTM) | $4.24B |
| Gross Profit (TTM) | $509.75M |
| EBITDA | $479.71M |
| Operating Margin | 9.89% |
| Return on Equity | 20.00% |
| Return on Assets | 8.52% |
| Revenue/Share (TTM) | $118.28 |
| Book Value | $64.33 |
| Price-to-Book | 7.28 |
| Price-to-Sales (TTM) | 4.06 |
| EV/Revenue | 3.741 |
| EV/EBITDA | 31.07 |
| Quarterly Earnings Growth (YoY) | 53.30% |
| Quarterly Revenue Growth (YoY) | 39.30% |
| Shares Outstanding | $35.83M |
| Float | $35.76M |
| % Insiders | 0.24% |
| % Institutions | 113.72% |
Volatility is currently contracting
The AI boom is reshaping the market well beyond its most obvious beneficiaries—tech, energy, and utilities firms—and some of the best ways to benefit from it have largely gone overlooked. Even within a prominent AI industry like semiconductors, some companies have unique opportunities to serve as pick-and-shovel investments due to their role within the complex AI supply chain.
Fabrinet (NYSE:FN | FN Price Prediction) occupies a peculiar seat in the AI infrastructure trade: it builds the transceivers, lasers, and silicon photonics engines pouring into hyperscale data centers, even though the designs originate elsewhere.
Fabrinet is rated Buy with a $622 price target, driven by robust growth and strategic capacity expansion. FN's Q3 revenue surged 39% YoY to $1.214B, with operating margin expanding 50 bps and ROIC reaching 41.8%. Capacity build-out to $8.5B revenue enables multi-year growth visibility, underpinned by direct-to-hyperscaler and CPO programs.
FN's AI push is gaining traction as demand for 800G and 1.6T optical products rises across expanding AI data centers.
Fabrinet TodayFNFabrinet$567.33 -0.84 (-0.15%) As of 06/25/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$272.49▼$748.89P/E Ratio48.74Price Target$661.75Add to WatchlistFabrinet's NYSE: FN stock price is up by a high triple-digit amount year-over-year (YOY), as of mid-June 2026, and is on track to continue rising at a similar pace over the subsequent quarters.
Fabrinet's AI-driven surge and debt-free balance sheet support growth, but premium valuation, datacom supply constraints and FX risks cloud its entry point.
Microchip edges past Fabrinet as AI data-center wins and a coming 3nm PCIe Gen6 switch offset its pricier valuation.
United States Representative Josh Gottheimer, a Democrat from New Jersey, just disclosed a wave of fresh stock purchases, and among them, four are direct bets on the Artificial Intelligence (AI) chip industry.
Fabrinet (FN) reported earnings 30 days ago. What's next for the stock?
Fabrinet (FN) offers the best risk/reward in the AI hardware supply chain, trading at 19.5x forward earnings with 36% revenue and nearly 200% EPS growth. FN's technological moat in ultra-precision optical packaging, IP-neutral model, and hyperscaler supply chain position drive structural margin and growth advantages. I see a base-case 12-month target of $750 (21% upside), with a probability-weighted expected value of $770 and recommend a high-conviction position with a $550 stop.
