Financial Performance - Q1 2025 revenue reached a record high of $804.2 million[10, 13, 14] - Q1 2025 non-GAAP operating margin was 10.7%[13, 14] - Q1 2025 non-GAAP EPS was $2.39, at the upper end of guidance[13, 14] - The company has a strong balance sheet with $908.9 million in cash and cash equivalents[15] Revenue Trends - Total revenue for the quarter ended September 27, 2024, was $804.2 million, a 17% year-over-year increase compared to $685.5 million for the quarter ended September 29, 2023[10, 13] - Optical communications revenue for F1Q25 was $626.3 million[10, 17] - Non-optical communications revenue for F1Q25 was $177.9 million[11, 17] Revenue Mix - Optical communications accounted for 78% of total revenue in F1Q25[16] - Datacom represented 53% of optical revenue in F1Q25[16] - Telecom accounted for 47% of optical revenue in F1Q25[16]

Core Viewpoint - Fabrinet is set to release its financial results for the first quarter of fiscal year 2025 on November 4, 2024, after market close, with a conference call scheduled for the same day to discuss the results [1]. Company Overview - Fabrinet is a leading provider of advanced optical packaging and precision manufacturing services, catering to original equipment manufacturers of complex products, including optical communication components, automotive components, medical devices, and industrial lasers [2]. - The company offers a comprehensive range of capabilities throughout the manufacturing process, including process design, supply chain management, advanced packaging, integration, and testing [2]. - Fabrinet operates engineering and manufacturing facilities in Thailand, the USA, China, and Israel, focusing on high complexity products in various mixes and volumes [2].

Fabrinet (NYSE: FN ) continues its ascent in 2024 as a stock market darling with the power of Nvidia ( NVDA ) behind it. The stock has been on a run, with gains so far in 2024 I am focused on Canadian stocks, Technology and growth stocks. The key to long term returns are disruptive companies that change the landscape of their industry. I also focus on Mid-Cap companies with strong management and high growth to attain alpha. I buy swing positions as well for quality companies when they return to their longer ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...

Fabrinet (FN) closed the last trading session at $210.74, gaining 1.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $265.17 indicates a 25.8% upside potential. The average comprises six short-term price targets ranging from a low of $196 to a high of $300, with a standard deviation of $37.58. While the lowest estimate indicates a decline of 7% from the current price level, the m ...

Shares of Fabrinet (FN) have been struggling lately and have lost 10.7% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the st ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 26th: Grupo Supervielle (SUPV) : This private domestically-owned financial group primarily in Argentina, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days. Grupo Supervielle's shares gained 7.3% over the last three month compared with the S&P 500's gain of 6.2%. The company possesses a Momentum Score of A ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks ...

Core Viewpoint - Fabrinet (FN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Fabrinet for the fiscal year ending June 2025 is projected at $9.91 per share, reflecting an 11.6% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Fabrinet has risen by 5.7%, indicating a trend of increasing earnings estimates [7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [6]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 20% of stocks receive a 'Strong Buy' or 'Buy' rating, which highlights their superior earnings estimate revision characteristics [8][9]. Market Implications - The upgrade to Zacks Rank 2 positions Fabrinet in the top 20% of Zacks-covered stocks, suggesting potential for higher stock price movement in the near term due to favorable earnings outlook [9].

The company delivered a splendid quarterly earnings report that featured better-than-expected guidance. Optics equipment supplier Fabrinet (FN 15.74%) was quite the double-digit outperformer on the second trading day of the week. Tuesday saw the company's share price skyrocket by nearly 16%, thanks to an earnings report that well outpaced expectations. Fabrinet stock's performance on the day was particularly impressive considering that the S&P 500 index ended in negative territory, closing the day down by 0 ...