Fabrinet Surges to Record High on Strong Earnings and AI Demand as $270M Volume Ranks 393rd in Market Activity

Fabrinet (FN) surged 7.30% on Sept. 4, 2025, with a trading volume of $270 million—63.83% higher than the previous day—ranking it 393rd in market activity. The stock closed at an all-time high of $360.43, reflecting strong investor confidence amid robust earnings and revenue growth.

Fourth-quarter 2025 results showed the company exceeded expectations, reporting EPS of $2.65 against forecasts of $2.64 and revenue of $910 million versus an estimated $883 million. Analysts responded with upgraded ratings: Barclays raised its price target to $329 from $234, while JPMorgan shifted to an Overweight rating, citing AI infrastructure demand. Raymond James highlighted positive client trends, noting Cisco’s 59% year-over-year sales growth, which accounts for 18% of Fabrinet’s customer base.

InvestingPro’s analysis underscores the stock’s elevated valuation, with a “GREAT” financial health score of 3.5/5 and a 77.32% six-month return. Despite a recent pullback due to supply constraints and high expectations, the company’s market position remains resilient, supported by five upward earnings revisions and expanding operations.

Backtest results indicate the stock closed at $360.43 on Sept. 4, 2025, with a 7.30% increase for the day.