Fabrinet (FN) Maintains Buy Recommendation with 11.05% Downside Potential

Rosenblatt maintains a "Buy" recommendation for Fabrinet (FN) with an average one-year price target of $330.28/share, representing an 11.05% decrease from its latest closing price. The projected annual revenue for Fabrinet is 3,491MM, a 2.10% increase, and the projected annual non-GAAP EPS is 10.19.

Analysts have offered a diverse set of opinions on Fabrinet (NYSE:FN) over the past quarter, with sentiments ranging from bullish to bearish. A total of seven analysts have weighed in on Fabrinet's stock, with a breakdown of their recent ratings and price targets Beyond The Numbers: 7 Analysts Discuss Fabrinet Stock^[1].

The analysts' ratings and price targets provide valuable insights into Fabrinet's market performance. Rosenblatt Securities has maintained a "Buy" recommendation for Fabrinet, with an average one-year price target of $330.28 per share. This target represents an 11.05% decrease from Fabrinet's latest closing price. Rosenblatt's projection also includes an annual revenue of $3,491MM, a 2.10% increase from the previous year, and a projected annual non-GAAP EPS of $10.19 Beyond The Numbers: 7 Analysts Discuss Fabrinet Stock^[1].

Fabrinet's financial performance has been remarkable, with a market capitalization above the industry average, a revenue growth rate of 20.77% over the past three months, a net margin of 9.59%, and a Return on Equity (ROE) of 4.48%. The company's debt-to-equity ratio is also balanced, standing at 0.0, indicating strong financial health Beyond The Numbers: 7 Analysts Discuss Fabrinet Stock^[1].

Analysts' ratings and price targets reflect their perceptions of Fabrinet's future prospects. While Rosenblatt maintains a bullish stance, other analysts have expressed varying opinions, with some raising their ratings and price targets, while others have maintained their neutral or bearish views. These diverse opinions highlight the evolving sentiments among financial experts regarding Fabrinet's stock.

Investors should consider these analyst evaluations alongside crucial financial indicators to make informed decisions. Staying well-informed about Fabrinet's analyst ratings can provide valuable insights into the company's market performance and future prospects.