
Shares of Fabrinet (NYSE:FN | FN Price Prediction) are down roughly 20% at midday Tuesday, trading near $476 after the optical manufacturer posted a fiscal Q4 beat but disappointed a market already primed to sell AI infrastructure names.
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 | 8.86 |
| Price-to-Sales (TTM) | 4.87 |
| EV/Revenue | 4.602 |
| EV/EBITDA | 38.21 |
| Quarterly Earnings Growth (YoY) | 53.30% |
| Quarterly Revenue Growth (YoY) | 39.30% |
| Shares Outstanding | $35.83M |
| Float | $35.75M |
| % Insiders | 0.30% |
| % Institutions | 104.57% |
Volatility is currently expanding

Shares of Fabrinet (NYSE:FN | FN Price Prediction) are down roughly 20% at midday Tuesday, trading near $476 after the optical manufacturer posted a fiscal Q4 beat but disappointed a market already primed to sell AI infrastructure names.

FN's Q4 earnings and revenues beat estimates as data center sales surge 68%, with DCI topping a $1 billion annualized run rate.

Optics stocks are getting hit hard at midday Tuesday as a risk-off wave washes through AI hardware names.

Fabrinet is selling off today at a double-digit rate. The last time I covered FN, it was a Strong Sell for me. Since then, its stock price dropped by almost 29%. Valuation has reset meaningfully, with FN's forward P/E dropping from 50x to roughly ~29.0x.

Fabrinet sees data center demand, new transceiver ramp-up and added capacity supporting another strong growth year, with visibility into fiscal 2027 and beyond.

Fabrinet TodayFNFabrinet$511.03 -87.55 (-14.63%) As of 09:44 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$272.49▼$748.89P/E Ratio43.82Price Target$647.63Add to WatchlistWhen fundamentals are strong, as they are for Fabrinet NYSE: FN, and the market sells good news, investors may be looking at a classic buy-the-dip setup.

Fabrinet (FN) Q4 2026 Earnings Call Transcript

Fabrinet NYSE: FN reported record fourth-quarter results for fiscal 2026, with revenue rising 45% year over year to $1.316 billion and non-GAAP earnings per share reaching $4.10, above the company's guidance range. The fiscal fourth quarter ended June 26, 2026.

BANGKOK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its fourth quarter and fiscal year ended June 26, 2026.

Fabrinet (FN) will report earnings after Monday's close as shares rebound from a recent plunge in stock price. Rick Ducat talks about the company's ties to optics and photonics that helped generate more interest in the company before highlighting key support and resistance areas in the chart.
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