These Analysts Increase Their Forecasts On Fabrinet After Upbeat Q4 Results

Core Viewpoint - Fabrinet reported better-than-expected fourth-quarter financial results for fiscal 2025, showcasing strong revenue and earnings performance [1][2]. Financial Performance - Fourth-quarter revenue reached $909.69 million, surpassing analyst estimates of $884.87 million [1]. - Adjusted earnings for the fourth quarter were $2.65 per share, exceeding estimates of $2.64 per share [1]. - The CEO highlighted that the fourth quarter capped off a remarkable year with record quarterly revenue and non-GAAP EPS at an all-time high [2]. Future Guidance - For the fiscal first quarter, Fabrinet expects revenue to be between $910 million and $950 million, compared to estimates of $916.72 million [3]. - The company anticipates first-quarter adjusted earnings to range from $2.75 to $2.90 per share, against estimates of $2.74 per share [3]. Market Reaction - Following the earnings announcement, Fabrinet shares fell by 10.3%, trading at $293.32 [3]. Analyst Ratings and Price Targets - B. Riley Securities maintained a Neutral rating and raised the price target from $184 to $220 [5]. - Barclays maintained an Equal-Weight rating and increased the price target from $234 to $329 [5]. - Rosenblatt maintained a Buy rating with a price target of $360 [5]. - Needham reiterated a Buy rating and maintained a price target of $350 [5].