The 15-minute chart for Fabrinet has recently exhibited a significant bullish trend, as evidenced by the KDJ Golden Cross and Bullish Marubozu indicators on October 2, 2023, at 12:00 PM. This shift in momentum suggests that the stock price has the potential to continue its upward trajectory. With buyers dominating the market, it is likely that the bullish momentum will persist.
Analysts have shown a diverse range of opinions on Fabrinet (NYSE:FN) in recent months, with a mix of bullish and bearish sentiments emerging. As of the end of the third quarter of 2025, 7 analysts have provided their ratings, with a notable shift towards a more bullish outlook. This shift is evident in the increased number of 'Buy' ratings and the upward adjustment of price targets.
The latest analyst ratings for Fabrinet, as summarized in Benzinga's report, indicate a significant change in sentiment. Over the past 30 days, 1 analyst has raised the rating to 'Buy', while none have downgraded it. This is a marked improvement from the previous 30 days, where no analysts had raised the rating, and 3 analysts maintained their 'Buy' ratings. This trend reflects a growing confidence among analysts in Fabrinet's future prospects.
The average 12-month price target for Fabrinet has also increased, reaching $335.29 as of the end of the third quarter of 2025. This is a 14.99% increase from the previous average price target of $291.57, highlighting the optimism among analysts regarding Fabrinet's future performance.
Technical indicators have also provided a positive signal for Fabrinet. On October 2, 2023, at 12:00 PM, the 15-minute chart for Fabrinet exhibited a significant bullish trend, as evidenced by the KDJ Golden Cross and Bullish Marubozu indicators. This suggests that the stock price has the potential to continue its upward trajectory, with buyers dominating the market.
In addition to the positive analyst sentiment and technical indicators, Fabrinet's financial performance has been robust. The company reported a revenue growth rate of 20.77% for the period ending June 30, 2025, which is significantly higher than the industry average. Fabrinet's net margin of 9.59% and ROE of 4.48% also indicate strong financial health.
Investors should closely monitor Fabrinet's analyst ratings and technical indicators to stay informed about the company's performance and potential future trends. The shift in analyst sentiment and the positive technical indicators suggest that Fabrinet could continue to perform well in the coming months.
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