Fabrinet stock hits all-time high at 360.43 USD

Published 04/09/2025, 20:52
Fabrinet stock hits all-time high at 360.43 USD

Fabrinet stock has reached an all-time high, trading at 360.43 USD, with InvestingPro data showing the company maintains an impressive "GREAT" financial health score of 3.5 out of 5. This milestone underscores the company’s strong performance over the past year, with a 77.32% return over the past six months and robust revenue growth of 18.6%. The surge in stock price reflects Fabrinet’s robust market position and investor confidence in its growth prospects, supported by five analysts revising their earnings upward for the upcoming period. As the company continues to expand its operations and capitalize on market opportunities, its stock performance remains a focal point for investors. Based on current metrics, InvestingPro’s Fair Value analysis suggests the stock may be trading above its fair value. Discover 15 additional exclusive insights about Fabrinet in the comprehensive Pro Research Report, available with an InvestingPro subscription.

In other recent news, Fabrinet reported its fourth-quarter 2025 earnings, achieving an earnings per share (EPS) of $2.65, slightly surpassing analysts’ expectations of $2.64. The company’s revenue also exceeded forecasts, coming in at $910 million against a projected $883 million. Following these results, Barclays raised its price target on Fabrinet to $329.00 from $234.00, maintaining an Equalweight rating due to strong optical demand. Additionally, JPMorgan upgraded Fabrinet’s stock rating from Neutral to Overweight, citing growth in AI infrastructure as a key factor. This upgrade came despite a recent pullback in shares, attributed to supply shortages and high expectations. Raymond James noted that Fabrinet’s performance signals a positive outlook for major clients like Cisco and Ciena. Cisco, which accounts for 18% of Fabrinet’s customer base, saw a 59% sales increase year-over-year, highlighting the strength in ZR/ZR+ technology. These developments reflect a dynamic period for Fabrinet, with varying perspectives from financial analysts.

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