Fabrinet (FN) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$660.32
Price Target
$614.50
Target Range
$540.00 — $800.00
Analyst Rating
Buy
Forward P/E48.5x
Trailing P/E72.0x
Forward PEG1.94
Implied Growth+17.2%
Median Target$559.00
Analyst Spread42.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$540
-18.2%
Consensus
$615
-6.9%
Bull Case
$800
+21.2%
Valuation Model TargetsConfidence: 73/100
Bear$629
Base$1198
Bull$1303
FN Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Fabrinet (FN) has a Wall Street consensus price target of $614.50, based on estimates from 24 covering analysts. With the stock currently trading at $660.32, this represents a potential downside of -6.9%. The company has a market capitalization of $23.66B.
Analyst price targets range from a low of $540.00 to a high of $800.00, representing a 42% spread in expectations. The median target of $559.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Buy, with 18 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, FN trades at a trailing P/E of 72.0x and forward P/E of 48.5x. The forward PEG ratio of 1.94 indicates reasonable valuation for growth. Analysts expect EPS to grow +17.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1198.37, with bear and bull scenarios of $628.89 and $1302.75 respectively. Model confidence stands at 73/100, indicating high predictability in the company's fundamentals.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-11.1%
Avg Forward P/E62.0x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 FLEXFlex Ltd. | $36.5B | $96.45 | $80.00 | -17.1% | Buy | 29.7x | 25 |
 JBLJabil Inc. | $36.2B | $337.26 | $273.00 | -19.1% | Buy | 27.4x | 23 |
 CLSCelestica Inc. | $48.0B | $417.66 | $459.00 | +9.9% | Buy | 41.6x | 27 |
 BHEBenchmark Electronics, Inc. | $3.0B | $84.56 | $86.00 | +1.7% | Hold | 30.6x | 9 |
 PLXSPlexus Corp. | $7.1B | $265.03 | $251.25 | -5.2% | Buy | 34.4x | 18 |
 LITELumentum Holdings Inc. | $71.0B | $994.56 | $643.18 | -35.3% | Buy | 127.5x | 24 |
 AAOIApplied Optoelectronics, Inc. | $14.3B | $180.57 | $46.00 | -74.5% | Buy | 191.6x | 16 |
 IPGPIPG Photonics Corporation | $3.9B | $90.84 | $151.67 | +67.0% | Buy | 56.0x | 27 |
 VIAVViavi Solutions Inc. | $12.5B | $53.97 | $32.25 | -40.2% | Buy | 58.3x | 19 |
 CSCOCisco Systems, Inc. | $373.4B | $94.30 | $96.50 | +2.3% | Buy | 22.7x | 73 |
Upside Potential Comparison
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Start ComparisonFN — Frequently Asked Questions
Quick answers to the most common questions about buying FN stock.
What is the FN stock price target for 2026?
Wall Street's consensus price target for FN is $614.5, -6.9% from its current price of $660.32. The below-market target from 24 analysts suggests limited near-term appreciation.
Is FN a buy, sell, or hold?
FN has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $614.5 implies -6.9% downside from current levels.
Is FN stock overvalued or undervalued?
At a forward P/E of 48.4891x, FN trades at a premium valuation. The consensus price target of $614.5 (-6.9% downside) suggests analysts may view current valuations as stretched.
How high can FN stock go?
The most bullish Wall Street analyst has a price target of $800 for FN, while the most conservative target is $540. The consensus of $614.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $1303 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FN stock?
FN is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FN stock forecast?
The 12-month FN stock forecast based on 24 Wall Street analysts shows a consensus price target of $614.5, with estimates ranging from $540 (bear case) to $800 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $1198, with bear/bull scenarios of $629/$1303.
What is FN's fair value based on fundamentals?
Our quantitative valuation model calculates FN's fair value at $1198 (base case), with a bear case of $629 and bull case of $1303. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 73/100.
What is FN's forward P/E ratio?
FN trades at a forward P/E ratio of 48.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 72.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FN stock?
Analysts are cautious on FN, with 0 Sell ratings and a price target of $614.5 (-6.9% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FN price targets vary so much?
FN analyst price targets range from $540 to $800, a 42% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $614.5 consensus represents the middle ground. Our model's $629-$1303 range provides an independent fundamental perspective.