Northland Securities Sticks to Its Buy Rating for Fabrinet (FN)
Northland Securities analyst Tim Savageaux reiterated a Buy rating on Fabrinet today and set a price target of $600.00.
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According to TipRanks, Savageaux is a 5-star analyst with an average return of 27.7% and a 59.18% success rate. Savageaux covers the Technology sector, focusing on stocks such as Fabrinet, Ouster, and Adtran.
In addition to Northland Securities, Fabrinet also received a Buy from TipRanks – Google’s Google Hardware Equipment and Parts in a report issued today. However, yesterday, B. Riley Securities maintained a Hold rating on Fabrinet (NYSE: FN).
Based on Fabrinet’s latest earnings release for the quarter ending December 26, the company reported a quarterly revenue of $1.13 billion and a net profit of $112.63 million. In comparison, last year the company earned a revenue of $833.61 million and had a net profit of $86.64 million
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FN in relation to earlier this year. Most recently, in December 2025, Thomas F. Kelly, a Director at FN sold 2,200.00 shares for a total of $1,021,108.00.
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