Barclays Reaffirms Their Hold Rating on Fabrinet (FN)
In a report released today, Tim Long from Barclays maintained a Hold rating on Fabrinet, with a price target of $499.00.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Long covers the Technology sector, focusing on stocks such as Apple, Ciena, and Fabrinet. According to TipRanks, Long has an average return of 16.3% and a 64.69% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fabrinet with a $481.50 average price target.
Based on Fabrinet’s latest earnings release for the quarter ending September 26, the company reported a quarterly revenue of $978.13 million and a net profit of $92.96 million. In comparison, last year the company earned a revenue of $804.23 million and had a net profit of $77.39 million
Based on the recent corporate insider activity of 39 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 September 2025, Darlene S. Knight, a Director at FN sold 479.00 shares for a total of $175,314.00.
Read More on FN:
Disclaimer & DisclosureReport an Issue
- Celestica upgraded to Buy from Neutral at Citi
- Caterpillar upgraded, Elf Beauty downgraded: Wall Street’s top analyst calls
- Coherent downgraded to Market Perform at Northland on relative growth
- Fabrinet price target raised to $499 from $329 at Barclays
- Fabrinet Reports Record Earnings and Optimistic Outlook
