FN · NYSE · STOCK
Fabrinet (FN) Stock Analysis
$363.42
52W $364.41 – $748.89
59/100
$13.80B
29.2
1.22
Is FN Bullish or Bearish?
Bullish.
Innellis AI committee rates Fabrinet (FN) Buy with a composite score of 59/100
, based on 6 analysts with 50% agreement.
Last updated October 16, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +16.27 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -3.73 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 35.7% yoy -- genuine top-line momentum. Portfolio Manager remains cautious — sector concentration is already high (hhi 2739.42). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- ROE of 21.0% shows genuine earnings power backing the valuation — Value
- Revenue growing 35.7% YoY -- genuine top-line momentum — Growth
- EPS growing 42.2% YoY — Growth
- 4 consecutive earnings beats -- consistent execution — Growth
- Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
Bear Case
- P/E of 29.2 is moderate-to-rich — Value
- Price-to-book of 7.7x prices in significant intangible value — Value
- Price structure making lower highs and lower lows — Technical
- RSI at 28 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
- MACD histogram negative -- bearish momentum — Technical
- Trend and market structure agree -- coherent bearish picture — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 16, 2026
Overall Committee Score
59/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 42%
of 287 Technology peers
Value Analyst
neutral
54
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 21.0% shows genuine earnings power backing the valuation
− P/E of 29.2 is moderate-to-rich
Growth Analyst
bullish
83
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 35.7% YoY -- genuine top-line momentum
Technical Analyst
bearish
32
/ 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− Price structure making lower highs and lower lows
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 34.3% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
61
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2739.42)
Investment Thesis Evolution
Committee score moved marginally from 61.2 to 58.7.
- New bearish signals: 6 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 4 signal(s) disappeared.
- Analyst(s) changed stance: Technical Analyst.
Analyst-level changes:
- Portfolio Manager: +1 bearish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: stance neutral->bearish; score 46->32 (-15); +3 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-15 to 2026-10-16 (1 day apart).
Technical Analysis
RSI (14)
27.5
Oversold
MACD Histogram
-5.145
Bearish Momentum
Trend Direction
Downtrend
Weekly: Sideways
Market Structure
Lh Ll
Support
$373.70
Resistance
$497.17
Bollinger %B
0.18
Inside Bands
Price vs Moving Averages
EMA 9
$432.63
Below
EMA 21
$435.14
Below
EMA 50
$448.61
Below
EMA 200
$487.01
Below
Fundamental Analysis
Valuation
60
Growth
76
Profitability
62
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
29.2×
P/B Ratio
5.62×
PEG Ratio
0.68
Dividend Yield
0.00%
52W High
$748.89
52W Low
$364.41
Quality & Growth
ROE
1927.4%
ROA
1209.5%
Gross Margin
1199.1%
Operating Margin
997.4%
Revenue Growth YoY
—
Debt / Equity
0.00
AI Fundamental Assessment
P/E ratio of 29.2 (moderate relative to a 15-40x range); Price-to-book of 5.6x; PEG ratio of 0.7 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 19.3%; Return on assets of 12.1%; Net margin of 10.2%; Gross margin of 12.0%; Current ratio of 2.25 (healthy short-term liquidity); Debt-to-equity of 0.00; Free cash flow per share is positive (0.08); Most recent quarter beat estimates by 4.3%; 4 consecutive earnings beats; EPS growth roughly steady (+10.7% -> +10.2% QoQ); Average YoY EPS growth of 54.7%; Analyst estimates rising over recent quarters
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