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Fabrinet has a consensus price target of $185.58 based on the ratings of 12 analysts. The high is $292 issued by Barclays on November 14, 2024. The low is $28 issued by HC Wainwright & Co. on August 22, 2023. The 3 most-recent analyst ratings were released by B. Riley Securities, Barclays, and B. Riley Securities on November 20, 2024, November 14, 2024, and November 5, 2024, respectively. With an average price target of $221.33 between B. Riley Securities, Barclays, and B. Riley Securities, there's an implied -0.85% downside for Fabrinet from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fabrinet (NYSE:FN) was reported by B. Riley Securities on November 20, 2024. The analyst firm set a price target for $178.00 expecting FN to fall to within 12 months (a possible -20.26% downside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Fabrinet (NYSE:FN) was provided by B. Riley Securities, and Fabrinet downgraded their sell rating.
The last upgrade for Fabrinet happened on March 21, 2024 when Northland Capital Markets raised their price target to $220. Northland Capital Markets previously had a market perform for Fabrinet.
The last downgrade for Fabrinet happened on November 20, 2024 when B. Riley Securities changed their price target from $194 to $178 for Fabrinet.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fabrinet, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fabrinet was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Fabrinet (FN) rating was a downgraded with a price target of $194.00 to $178.00. The current price Fabrinet (FN) is trading at is $223.23, which is out of the analyst’s predicted range.
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