Fabrinet (FN)
March 13, 2025
This morning, Fabrinet (FN; $224.91; O/P) announced it entered into a transaction agreement with Amazon (AMZN; $198.89; NR), which, among other things, includes the issuance of a warrant by Fabrinet to Amazon. More importantly, we…
March 4, 2025
We think Nokia’s (NOK; $4.88; NR) $2.3B acquisition of Infinera, completed last Friday (2/28), potentially opens another new outsourcing opportunity for Fabrinet (FN; $190.35; O/P) in coming quarters, which would add further to the diversification…
February 18, 2025
We initiate coverage with an Outperform rating and $270 target on the shares of Fabrinet (FN; $223.04), which has proven to be the most consistent electronics manufacturing services (EMS) provider in the industry through an…