Fabrinet's 15min chart sees KDJ Golden Cross, bullish Marubozu pattern.

Fabrinet's 15-minute chart has recently exhibited a KDJ Golden Cross and a Bullish Marubozu at 10:45 on January 1, 2025. This indicates a shift in momentum towards the upside, suggesting that the stock price has the potential to further increase. The control of the market currently lies with the buyers, and it is likely that bullish momentum will continue.

Fabrinet's (FN) strategic push into manufacturing markets beyond optical communications has yielded substantial results, as indicated by its fourth-quarter (FY 2025) financials. Non-optical communications revenues reached $221 million, marking a significant 41% year-over-year increase, demonstrating the effectiveness of Fabrinet's diversification strategy Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

The automotive segment, which contributed $128 million, remains the largest contributor. This growth is driven by robust demand for electric vehicle (EV) charging infrastructure and advanced sensors. By focusing on EV charging components rather than traditional auto parts, Fabrinet is well-positioned to capitalize on the accelerating electrification trend while leveraging its precision electro-mechanical expertise Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Industrial lasers added $40 million to Fabrinet's non-optical revenues, providing steady contributions from automation and processing equipment. Together with medical and metrology applications, these markets broaden Fabrinet’s exposure to secular growth themes that are less cyclical than communications Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

The 41% non-optical growth outpaced overall revenue expansion, suggesting the company’s ability to capture market share in adjacent verticals. The Zacks Consensus Estimate for the first-quarter fiscal 2026 non-optical revenues is pegged at $231 million, indicating a year-over-year increase of 29.8% Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Fabrinet faces stiff competition from Jabil (JBL) and Coherent (COHR), both of which are also expanding in adjacent markets. However, Fabrinet's focus on precision electro-mechanical components and EV charging infrastructure provides a differentiated positioning that could support sustained growth momentum Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Fabrinet's shares have jumped 66.8% year-to-date (YTD), outperforming the Zacks Electronics-Miscellaneous Components industry and the Zacks Computer and Technology sector’s increase of 40% and 22.6%, respectively Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

From a valuation standpoint, Fabrinet stock is currently trading at a forward 12-month Price/Sales ratio of 3.06X compared with the industry’s 2.08X. Fabrinet has a Value Score of D Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

The Zacks Consensus Estimate for Fabrinet’s first-quarter fiscal 2026 earnings is pegged at $2.83 per share, indicating 18.41% year-over-year growth Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Fabrinet currently carries a Zacks Rank #3 (Hold) Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].