Overview
Fabrinet is a global manufacturing services provider headquartered in George Town, Cayman Islands, primarily serving the optical, electro-mechanical, and electronic manufacturing sectors. Specializing in precision optical, electro-optical, sophisticated electronic PCBA and electro-mechanical process technologies for high-mix, high-complexity products, Fabrinet offers services from product design and engineering to production and aftermarket services. The company is a critical player in several industries, including communications, automotive, industrial, aerospace, and medical devices. Established in 2000 by David T. Mitchell, a former CEO of Seagate Technology, Fabrinet has carved a niche in providing complex industrial processing capabilities that are vital for the manufacture of advanced technologies. Fabrinet operates multiple facilities across Asia and North America, encompassing Thailand, the United States, and China, and is deeply integrated into global supply chains for high-tech equipment.
Basic Stats
The share price of Fabrinet as of September 5, 2025 is $369.99 / share. This is an increase of 11.68% from the prior week. The market cap (or net worth) of Fabrinet as of September 5, 2025 is $13,219.03 MM.
The Factor Analysis chart (below right) shows a view of Fabrinet from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 13,219.03 MM |
| EV | 12,912.61 MM |
| Shares Out. | 35.73 MM |
| Earnings Date | |
| EPS (TTM) | 9.31 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | 0.36 |
| Short Shares Avail. | 0.55 MM |
| Short Interest | 1.26 MM |
| Short Float | 3.54 % |
| Days to Cover | 1.92 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 64.59 % |
| Volatility (1 yr) | 0.62 |
| Beta | 1.60 |
| Sharpe Ratio (1 yr) | 0.97 |
| Sortino Ratio (1 yr) | 1.47 |
| PE Ratio | 39.75 |
| Price/Book | 6.67 |
| Price/TBV | 6.68 |
| Book/Market | 0.15 |
| EBIT/EV | 0.03 |
| EBIT(3yr avg)/EV | 0.02 |
| ROA | 0.14 |
| ROE | 0.19 |
| ROIC | 0.17 |
| CROIC | -0.05 |
| OCROIC | 0.17 |
| Implied Volatility | 50.04 % |
| Put/Call OI Ratio | 0.99 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Fabrinet is $319.39. The forecasts range from a low of $173.76 to a high of $393.75. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Fabrinet. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-02-07 | Northland Capital Markets | Outperform | Maintains | |
| 2023-02-07 | B. Riley Securities | Neutral | Maintains | |
| 2023-02-07 | Needham | Buy | Maintains | |
| 2022-12-20 | JP Morgan | Neutral | Overweight | Upgrade |
| 2022-11-08 | Needham | Buy | Maintains | |
| 2022-08-16 | Needham | Buy | Maintains | |
| 2022-07-14 | JP Morgan | Neutral | Maintains | |
| 2022-05-03 | B. Riley Securities | Neutral | Maintains | |
| 2022-04-26 | Loop Capital | Buy | Initiate | |
| 2022-03-03 | RBC Capital | Sector Perform | Maintains | |
| 2022-02-01 | B. Riley Securities | Neutral | Maintains | |
| 2022-01-20 | JP Morgan | Neutral | Maintains | |
| 2021-11-02 | Needham | Buy | Maintains | |
| 2021-11-02 | B. Riley Securities | Neutral | Maintains | |
| 2021-08-17 | Needham | Buy | Maintains | |
| 2021-08-17 | MKM Partners | Neutral | Maintains | |
| 2021-08-17 | B. Riley Securities | Neutral | Maintains | |
| 2021-07-21 | MKM Partners | Neutral | Initiate | |
| 2021-07-19 | Needham | Buy | Maintains | |
| 2021-02-02 | Stifel | Buy | Maintains | |
| 2021-02-02 | Needham | Buy | Maintains | |
| 2021-02-02 | B. Riley FBR | Neutral | Maintains | |
| 2020-08-18 | Northland Capital Markets | Outperform | Market Perform | Downgrade |
| 2020-08-18 | Needham | Buy | Maintains | |
| 2020-08-18 | JP Morgan | Neutral | Maintains | |
| 2020-06-08 | Needham | Buy | Maintains | |
| 2020-05-05 | JP Morgan | Neutral | Maintains | |
| 2020-05-05 | B. Riley FBR | Neutral | Maintains | |
| 2020-02-04 | B. Riley FBR | Neutral | Maintains | |
| 2019-09-30 | Northland | Market Perform | Outperform | Upgrade |
| 2019-08-20 | Stifel Nicolaus | Buy | Maintains | |
| 2019-07-29 | JP Morgan | Neutral | Initiate | |
| 2019-05-28 | Needham | Buy | Maintains | |
| 2019-05-07 | Needham | Buy | Maintains | |
| 2019-05-06 | Needham | Buy | Maintains | |
| 2019-02-27 | TD Securities | Hold | Buy | Upgrade |
| 2018-11-09 | William O'Neil & Co | Buy | Initiate | |
| 2018-09-05 | Needham | Buy | Buy | Maintains |
| 2018-09-04 | B. Riley FBR | Buy | Neutral | Downgrade |
| 2018-08-21 | Needham | Strong Buy | Buy | Downgrade |
| 2018-08-21 | B. Riley FBR | Buy | Buy | Maintains |
| 2018-08-16 | B. Riley FBR | Buy | Buy | Maintains |
| 2018-05-08 | B. Riley FBR | Buy | Buy | Maintains |
| 2018-01-24 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2017-11-07 | JP Morgan | Overweight | Neutral | Downgrade |
| 2017-11-07 | B. Riley FBR | Buy | Maintains | |
| 2017-11-07 | B. Riley | Buy | Maintains | |
| 2017-01-17 | Needham | Buy | Strong Buy | Upgrade |
| 2016-08-16 | JP Morgan | Overweight | Maintains | |
| 2016-05-27 | JP Morgan | Overweight | Maintains | |
| 2016-05-03 | Stifel Nicolaus | Buy | Maintains | |
| 2016-03-31 | JP Morgan | Overweight | Maintains | |
| 2016-02-02 | Stifel Nicolaus | Buy | Maintains | |
| 2016-02-02 | JP Morgan | Overweight | Maintains | |
| 2016-01-04 | PiperJaffray | Overweight | Maintains | |
| 2015-11-03 | Northland Securities | Outperform | Maintains | |
| 2015-11-03 | B. Riley FBR | Buy | Maintains | |
| 2015-11-03 | B. Riley | Buy | Maintains | |
| 2015-08-18 | PiperJaffray | Overweight | Maintains | |
| 2015-07-10 | Needham | Hold | Buy | Upgrade |
| 2015-05-05 | Stifel Nicolaus | Buy | Maintains | |
| 2015-05-05 | Deutsche Bank | Hold | Maintains | |
| 2015-04-29 | JP Morgan | Overweight | Maintains | |
| 2015-02-03 | Deutsche Bank | Hold | Maintains | |
| 2014-11-04 | Deutsche Bank | Hold | Maintains | |
| 2014-10-17 | B. Riley FBR | Neutral | Buy | Upgrade |
| 2014-10-17 | B. Riley | Buy | Upgrade | |
| 2014-08-14 | B. Riley FBR | Buy | Neutral | Downgrade |
| 2014-08-14 | B. Riley | Neutral | Downgrade | |
| 2014-05-06 | PiperJaffray | Overweight | Maintains | |
| 2014-05-06 | Needham | Buy | Hold | Downgrade |
| 2014-05-06 | JP Morgan | Overweight | Maintains | |
| 2014-05-05 | B. Riley FBR | Buy | Maintains | |
| 2014-05-05 | B. Riley | Buy | Maintains | |
| 2014-02-04 | Stifel Nicolaus | Buy | Maintains | |
| 2013-12-18 | B. Riley FBR | Buy | Initiate | |
| 2013-12-18 | B. Riley | Buy | Initiate | |
| 2013-12-11 | Stifel Nicolaus | Buy | Maintains | |
| 2013-09-26 | Stifel Nicolaus | Hold | Buy | Upgrade |
| 2013-05-23 | Deutsche Bank | Buy | Downgrade | |
| 2013-02-05 | Deutsche Bank | Buy | Maintains | |
| 2013-01-18 | JP Morgan | Neutral | Overweight | Upgrade |
| 2012-11-08 | JP Morgan | Overweight | Neutral | Downgrade |
| 2012-11-06 | Needham | Hold | Buy | Upgrade |
| 2012-08-21 | PiperJaffray | Overweight | Maintains | |
| 2012-08-21 | Deutsche Bank | Buy | Maintains | |
| 2012-05-08 | PiperJaffray | Overweight | Maintains | |
| 2012-05-08 | Morgan Stanley | Overweight | Maintains | |
| 2012-02-07 | Morgan Stanley | Overweight | Upgrade | |
| 2023-03-01 | RBC Capital | Sector Perform | Maintains | |
| 2023-04-19 | JP Morgan | Overweight | Maintains | |
| 2023-05-09 | Northland Capital Markets | Outperform | Maintains | |
| 2023-05-09 | Needham | Buy | Reiterate | |
| 2023-04-21 | Lake Street | Buy | Initiate | |
| 2023-06-12 | Needham | Buy | Buy | Maintains |
| 2023-08-22 | Lake Street | Buy | Buy | Maintains |
| 2023-08-22 | Northland Capital Markets | Outperform | Outperform | Maintains |
| 2023-08-22 | Needham | Buy | Buy | Maintains |
| 2023-08-22 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2023-11-07 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-03-22 | Needham | Buy | Buy | Maintains |
| 2023-08-30 | Northland Capital Markets | Outperform | Outperform | Maintains |
| 2023-10-05 | Rosenblatt | Buy | Initiate | |
| 2024-05-07 | B. Riley Securities | Neutral | Neutral | Maintains |
| 2024-05-07 | Needham | Buy | Buy | Reiterate |
| 2024-02-06 | Northland Capital Markets | Outperform | Market Perform | Downgrade |
| 2024-02-06 | Rosenblatt | Buy | Buy | Reiterate |
| 2024-03-21 | Northland Capital Markets | Market Perform | Outperform | Upgrade |
| 2024-01-08 | JP Morgan | Overweight | Neutral | Downgrade |
| 2024-04-11 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-06-26 | Jefferies | Hold | Initiate | |
| 2024-11-14 | Barclays | Equal-Weight | Initiate | |
| 2024-11-05 | B. Riley Securities | Neutral | Neutral | Maintains |
| 2025-02-04 | Needham | Buy | Buy | Reiterate |
| 2025-03-14 | Rosenblatt | Buy | Buy | Maintains |
| 2025-06-12 | Rosenblatt | Buy | Buy | Maintains |
| 2025-02-04 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-02-04 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-02-04 | Rosenblatt | Buy | Buy | Maintains |
| 2025-03-17 | Needham | Buy | Buy | Reiterate |
| 2024-11-20 | B. Riley Securities | Neutral | Sell | Downgrade |
| 2024-08-12 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-08-20 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-08-20 | B. Riley Securities | Neutral | Neutral | Maintains |
| 2024-08-20 | Rosenblatt | Buy | Buy | Maintains |
| 2024-08-20 | Needham | Buy | Buy | Maintains |
| 2025-08-19 | Needham | Buy | Buy | Reiterate |
| 2025-08-19 | Rosenblatt | Buy | Buy | Maintains |
| 2025-04-04 | B. Riley Securities | Sell | Neutral | Upgrade |
| 2025-04-17 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-08-25 | JP Morgan | Neutral | Overweight | Upgrade |
| 2025-05-06 | Needham | Buy | Buy | Reiterate |
| 2025-05-06 | Rosenblatt | Buy | Buy | Maintains |
| 2025-07-17 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-04-22 | Rosenblatt | Buy | Buy | Maintains |
| 2025-05-06 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-06 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-08-19 | B. Riley Securities | Neutral | Neutral | Maintains |
| 2025-08-19 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-07-08 | Wolfe Research | Peer Perform | Initiate |
