Core Viewpoint - Fabrinet (FN) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often adjust their valuations based on earnings estimates, leading to significant buying or selling activity that affects stock prices [4]. Company Performance and Outlook - Fabrinet is projected to earn $10.35 per share for the fiscal year ending June 2025, reflecting a year-over-year increase of 16.6% [8]. - Over the past three months, the Zacks Consensus Estimate for Fabrinet has risen by 3.3%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Fabrinet's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Insights - Fabrinet reported strong second-quarter results with revenue of $833.6 million, exceeding the consensus estimate of $814.3 million, and adjusted EPS of $2.61, surpassing the consensus of $2.50 [1][2] Financial Performance - The company anticipates third-quarter FY25 revenue between $850 million and $870 million, which is above the street view of $825.72 million. Adjusted EPS is projected to be between $2.55 and $2.63, aligning with the street view of $2.55 [2] Market Reaction - Following the earnings announcement, Fabrinet shares fell by 9.6%, trading at $203.79 [3] Analyst Ratings - JP Morgan analyst maintained a Neutral rating and lowered the price target from $275 to $265 - Barclays analyst kept an Equal-Weight rating and reduced the price target from $292 to $245 - Rosenblatt analyst maintained a Buy rating and raised the price target from $280 to $285 - Needham analyst reiterated a Buy rating with a maintained price target of $280 [4]

Table of Contents For the transition period from__________to__________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number: 001-34775 Washington, D.C. 20549 ____________________________ FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 27, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 FABRINET (Exact name of registrant as specified in i ...

COMPANY OVERVIEW February 3, 2025 1 Disclaimer This presentation and the accompanying oral presentation contain "forward-looking" statements that are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical fact contained in this presentation, including information concerning our business plans and objectives, potential growth opportunities, competitive position, industry environm ...

Exhibit 99.1 GAAP Results Non-GAAP Results Fabrinet Announces Second Quarter Fiscal Year 2025 Financial Results Share Repurchase Program Expanded • Record Second Quarter Revenue and Earnings Per Share Above Guidance Ranges BANGKOK, Thailand – February 3, 2025 – Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for i ...

Record Second Quarter Revenue and Earnings Per Share Above Guidance RangesBANGKOK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its second fiscal quarter ended December 27, 2024. Seamus Grady, Chief Executive Officer of Fabrinet, said, “With continued business momentum, we ...

BANGKOK, Thailand, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced it will release financial results for the second quarter of fiscal year 2025, which ended December 27, 2024, after market close on Monday, February 3, 2025. On that day, management will hold a conference call and webcast at 5:00 p.m. ES ...

Fabrinet’s (FN) shares have lost 5.2% in the past three months, underperforming the broader Zacks Computer & Technology sector’s growth of 9.5% and the Zacks Electronics - Miscellaneous Components industry’s decline of 3.9%.FN's underperformance resulted from lower revenues from non-speed-rated optical communications products in first-quarter fiscal 2025, and an unexpected shift in Datacom's revenue mix between 400 gig and 800 gig transceivers.Also, a $7-million loss from the stronger Thai baht against the ...

Nvidia-related news had Fabrinet investors feeling more bearish today.Fabrinet (FN -9.02%) stock saw big sell-offs in Wednesday's trading. The engineering and manufacturing specialist's share price closed out the daily session down 9% and had been down as much as 13.6% earlier in the day's trading.Fabrinet stock lost ground today after B. Riley downgraded its rating on the stock from neutral to sell. The firm also lowered its one-year price target on the stock to $178 per share, down from its previous targe ...

Earnings - So-Young expects Q4 revenue to be between RMB 350 million and RMB 370 million [1] - So-Young reported Q3 EPS of RMB 0.20, an increase from RMB 0.18 in the same period last year [1] - Nio anticipates Q4 revenue to be between RMB 19.68 billion and RMB 20.38 billion [3] - Nio reported Q3 EPS of RMB 2.50, down from RMB 2.67 in the previous year [5] Recommendations - Barclays raised the price target for Xiaomi by $8 [2] - Barclays raised the price target for Viking Holdings by $6 [2] - Barclays raised the price target for Trip.com by $8 [2] - Barclays raised the price target for TC Energy by C$7 [2] - Barclays raised the price target for Rubrik by $9 [2] - Barclays raised the price target for Keysight Technologies by $20 [4]