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NYSE · Thailand · Electronic Components

FN Fabrinet

Precision optical manufacturing for transceivers

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$334.1
+6.10% today
1W
−7.9%
1M
−19.9%
3M
−25.7%
YTD
−26.6%
1Y
−20.6%
Off 52w high
−55.2%
Next earnings (est.): 2026-11-02
Market cap$11.29B
P/E (trailing)24.1Forward 14.4
EV / sales2.3×EV/EBITDA 19.8×
Revenue (TTM)$4.64BGrowth 44.6% y/y
Margins12.0%gross · op 10.2%
Free cash flow-$57.87MCash $875M · debt $4.01M
Analyst target$687.8+105.8% upside · 9 analysts · buy
Riskβ 1.22Short 6.1% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

FN · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-17EarningsBeat / raise

    Reported EPS 4.1 vs 3.81 expected (+7.5% surprise).

  2. 7
    2026-05-04EarningsBeat / raise

    Reported EPS 3.72 vs 3.56 expected (+4.4% surprise).

  3. 6
    2026-02-02EarningsBeat / raise

    Reported EPS 3.36 vs 3.25 expected (+3.4% surprise).

  4. 5
    2025-11-03EarningsBeat / raise

    Reported EPS 2.92 vs 2.82 expected (+3.6% surprise).

  5. 4
    2025-08-18EarningsBeat / raise

    Reported EPS 2.65 vs 2.63 expected (+0.8% surprise).

  6. 3
    2025-05-05EarningsBeat / raise

    Reported EPS 2.52 vs 2.47 expected (+1.9% surprise).

  7. 2
    2025-02-03EarningsBeat / raise

    Reported EPS 2.61 vs 2.49 expected (+4.7% surprise).

  8. 1
    2024-11-04EarningsBeat / raise

    Reported EPS 2.39 vs 2.38 expected (+0.5% surprise).

Predictions involving FN

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-173.814.1+7.5%
2026-05-043.563.72+4.4%
2026-02-023.253.36+3.4%
2025-11-032.822.92+3.6%
2025-08-182.632.65+0.8%
2025-05-052.472.52+1.9%
2025-02-032.492.61+4.7%
2024-11-042.382.39+0.5%
2024-08-192.242.41+7.5%
2024-05-062.112.39+13.3%
2024-02-052.032.08+2.5%
2023-11-061.862.0+7.5%
2023-08-211.81.86+3.2%
2023-05-081.871.94+3.5%
2023-02-061.871.9+1.5%
2022-11-071.741.97+13.5%
2022-08-151.541.68+8.9%
2022-05-021.521.5−1.5%
2022-01-311.461.5+2.8%
2021-11-011.331.45+9.2%
2021-08-161.221.31+7.5%
2021-05-031.141.21+5.7%
2021-02-011.041.1+5.5%
2020-11-020.981.05+7.5%

About Fabrinet

Website ↗

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, Europe, and internationally. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise transceivers, tunable lasers, and transponders; and active o…

21,521 employees · George Town, Cayman Islands

Cluster scale pushes past copper. 800G→1.6T pluggables ramp now; co-packaged optics shift value toward the switch and laser.

Laser→Module→Switch→Fabric

What would prove us wrong. Weakens if transceiver ASP collapses with surplus module capacity.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
COHR
Coherent
Lasers, InP capacity and optical transceivers $224.3+7.18%−24.2%+21.5%
LITE
Lumentum
EML and CW lasers for 800G/1.6T $834.8+10.40%−11.3%+126.5%
AAOI
Applied Optoelectronics
US-made optical modules and lasers $73.00+8.13%−28.0%+109.4%
300308.SZ
Zhongji Innolight
Largest 800G/1.6T transceiver maker ¥594.5−2.96%−33.5%−2.3%
300502.SZ
Eoptolink
High-speed optical modules ¥251.7−3.57%−40.7%−18.1%
CIEN
Ciena
Coherent optics for data-centre interconnect $343.4+7.23%−3.8%+46.8%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.