13.8% Below Target

Fabrinet (FN) has a consensus 12-month price target of $653, implying 13.8% upside from $573.76. The 24 analysts covering FN see moderate appreciation potential.

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 $653 implies 13.8% upside from current levels.

At a forward P/E of 41.5593x, FN trades at a premium valuation. The consensus price target of $653 (13.8% upside) suggests analysts still see growth justifying the multiple.

The most bullish Wall Street analyst has a price target of $800 for FN, while the most conservative target is $540. The consensus of $653 represents the median expectation. Our quantitative valuation model projects a bull case target of $841 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

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.

The 12-month FN stock forecast based on 24 Wall Street analysts shows a consensus price target of $653, 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 $638, with bear/bull scenarios of $402/$841.

Our quantitative valuation model calculates FN's fair value at $638 (base case), with a bear case of $402 and bull case of $841. 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 52/100.

FN trades at a forward P/E ratio of 41.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 62.6x. 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.

Wall Street analysts are optimistic on FN, with a "Buy" consensus rating and $653 price target (13.8% upside). 18 of 24 analysts rate it Buy or Strong Buy. 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.

FN analyst price targets range from $540 to $800, a 40% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $653 consensus represents the middle ground. Our model's $402-$841 range provides an independent fundamental perspective.