Fabrinet Triggers MACD Death Cross, KDJ Death Cross on 15min Chart.

The 15-minute chart for Fabrinet has recently displayed two significant technical indicators: a MACD Death Cross and a KDJ Death Cross, both of which occurred on September 29, 2025 at 13:30. This suggests that the stock price has the potential to continue its downward trajectory, with momentum shifting towards the downside and potentially leading to further decreases.

Fabrinet's strategic push into manufacturing markets beyond optical communications is yielding substantial results, with the company's automotive and industrial laser segments emerging as significant growth drivers. According to the company's latest financial report, non-optical communications revenues reached $221 million in the fourth quarter of fiscal 2025, representing a substantial 41% year-over-year increase. This growth demonstrates the effectiveness of Fabrinet's diversification strategy Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Automotive remained the largest contributor, delivering $128 million on robust demand for electric vehicle charging infrastructure and advanced sensors. By focusing on EV charging components rather than traditional auto parts, Fabrinet is positioned to capitalize on the accelerating electrification trend while leveraging its precision electro-mechanical expertise. Industrial lasers added $40 million, 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%. With strength across automotive, lasers, and medical markets, Fabrinet's diversification beyond optics looks well-positioned to fuel further upside Is FN's Diversification Beyond Optics Poised to Drive Further Upside?^[1].

Fabrinet faces stiff competition from Jabil and Coherent, both of which are also expanding in adjacent markets. Jabil has been strengthening its presence in automotive and industrial solutions, leveraging its large-scale manufacturing capabilities to capture demand from the electrification and automation trends. Coherent, meanwhile, remains a key player in industrial lasers and optics, benefiting from rising adoption in advanced manufacturing and healthcare. Compared with Jabil and Coherent, 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].

Technical indicators on the 15-minute chart for Fabrinet have recently displayed two significant signals: a MACD Death Cross and a KDJ Death Cross, both of which occurred on September 29, 2025, at 13:30. These indicators suggest that the stock price has the potential to continue its downward trajectory, with momentum shifting towards the downside and potentially leading to further decreases .

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