Fabrinet (FN)

Fabrinet's stock has experienced significant movement in the past six months. As of January 8, 2026, the stock price was $442.53, a substantial increase from $228.35 on January 10, 2025. The company reported strong financial results for its fourth quarter and fiscal year ended June 27, 2025, on August 18, 2025, including record quarterly revenue and a 19% year-over-year revenue increase. Non-GAAP diluted earnings per share for fiscal year 2025 were $10.17. Fabrinet also provided strong guidance for the first fiscal quarter of 2026, projecting revenue between $910 million and $950 million. Despite these positive financial announcements, the stock declined by 12.81% on August 18, 2025, but then traded up by 7.23% on August 28, 2025. The next earnings call is anticipated around February 2, 2026.

Fabrinet is currently experiencing strong and growing demand across all areas of its business, particularly for high-speed optical products, driven by the expansion of high-performance computing and AI data centers. The company's management is optimistic that these favorable demand trends will continue into the future. There is no explicit mention of specific seasonal fluctuations in the demand for Fabrinet's products and services.

Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to OEMs of complex products. The company operates within the Information Technology sector, specifically in the Electronic Manufacturing Services industry, and is also categorized under Industrial Goods and Machinery, and Computers and Technology. Fabrinet's major products include optical communication components, modules, and sub-systems such as ROADMs, optical amplifiers, and wavelength selective switches. Beyond optical communications, Fabrinet also manufactures products for industrial lasers, automotive components, medical devices, and sensors. The company's business model focuses on providing vertically integrated manufacturing solutions, covering process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advanced packaging, integration, final assembly, and testing.

Fabrinet maintains a global geographic footprint with manufacturing facilities strategically located in Asia and North America. Its principal executive offices are in Bangkok, Thailand, and the company is headquartered in George Town, Grand Cayman, Cayman Islands. Manufacturing operations are primarily situated in Thailand, China, and the United States. Fabrinet also has operations in Israel and the UK, and a presence in Japan. This global presence allows Fabrinet to leverage manufacturing centers in Asia for competitive pricing while delivering high-quality products.

Fabrinet maintains a strong brand reputation as a critical, high-precision manufacturing partner. The company is recognized for its expertise in advanced optical packaging and precision manufacturing, serving major global technology firms. Its consistent ability to exceed revenue forecasts has contributed to building investor confidence. Fabrinet is positioned as a key enabler in the high-growth optical communications and advanced electronics sectors, particularly benefiting from the global build-out of AI and hyperscale data centers. No specific negative events impacting Fabrinet's brand reputation in the past year were explicitly found, although the stock's decline on the day of the Q4 2025 earnings release could be viewed as a short-term negative market perception despite the strong underlying financial performance.

Fabrinet's ownership structure is heavily concentrated among institutional investors, who hold a significant majority of the company's shares. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Fmr Llc, Price T Rowe Associates Inc /md/, Wasatch Advisors Inc, State Street Corp, Geode Capital Management LLC, and Capital Research Global Investors. Ta Lin Hsu is identified as the largest individual shareholder, owning 18.62 million shares, representing 51.98% of the company. Insiders hold a smaller percentage of the shares.