$FN

Nebius Group (NBIS) raised $5B via senior notes, including $3B of convertible notes due 2030 with an exercise price of $313.46, to expand its AI business. Its stock fell from $280 to $219. Fabrinet (FN) reported Q4 EPS of $4.10 and revenue up 45.1% Y/Y, but its stock dropped from over $600 to $436.67.

Fabrinet (FN) reported that COO Harpal Gill had 1,840 shares withheld for tax liability from vesting RSUs on 2026-08-24. The shares were valued at $421.14 each, and Gill holds 20,039 shares post-transaction. This was a non-market tax-withholding transaction, not an open-market sale.

Fabrinet's CEO sold 3,865 shares worth $1.7 million to cover tax liabilities from vested equity awards. The sale price was $436.67, higher than the current stock price of $421.14. Fabrinet reported Q4 revenue of $1.3 billion but saw a decline in its datacom division and negative free cash flow of $36.9 million.

Nebius Group (NBIS) raised $5B via senior notes, including $3B of 0.50% convertible notes due 2030 with a $313.46 exercise price. Its stock fell from $280 to $219. Fabrinet (FN) reported Q4 EPS of $4.10 and $1.32B revenue, up 45.1% Y/Y, but its stock dropped from over $600 to $436.67. Management remains confident in its outlook.

Fabrinet reported Q4 2026 revenue of $1.316B, up 45% YoY, with full-year revenue at $4.6B, a 36% increase. Non-GAAP EPS for the year was $14.09. The company is restructuring revenue reporting into three categories: data centers, communications infrastructure, and automotive/industrial/other. Data center revenue grew 68% YoY, while communications infrastructure and automotive/industrial/other grew 40% and 8% YoY, respectively. Fabrinet is expanding manufacturing capacity to meet demand.

Fabrinet (FN) reported strong Q4 results with $1.32B revenue (up 45% YoY) and $4.10 EPS, beating estimates. Despite this, shares dropped 20% due to a 1% dip in datacom revenue linked to lower Nvidia (NVDA) sales. Management attributed the dip to timing issues, not demand weakness, and guided for continued growth. Analysts remain bullish, with a consensus price target of $718.22, suggesting 64% upside. FN has a forward P/E of 27x and is debt-free with $876M in cash.

Fabrinet's shares fell 23.4% this week despite beating earnings estimates and providing strong guidance. The company reported a 45% revenue increase and 54.7% EPS growth in Q4. Investors may be concerned about valuation and growth sustainability, as well as broader market factors affecting AI-related stocks.

Fabrinet (NYSE:FN) expects AI-driven optical demand to fuel growth, expanding capacity to support $9.8B revenue by March 2025. The company is diversifying its datacom customer base beyond NVIDIA, focusing on high-speed transceivers. Fabrinet remains a pure-play contract manufacturer, avoiding ODM to preserve customer relationships. It is also exploring opportunities in automotive, industrial, and optical switching markets. The company plans $250M in capex for fiscal 2027, aiming to stay ahead of

Fabrinet (FN) shares fell 6% to ~$455 despite Q4 revenue of $1.32B and EPS of $4.10, beating guidance. Investors question valuation at a mid-30s P/E. Bulls highlight AI-driven growth, while bears cite customer concentration and cash flow concerns. Data Center revenue was $669M, 51% of total sales.

Fabrinet (FN) reported earnings per share of $4.10, beating estimates by 7.6%, and revenue of $1.32B, exceeding expectations. Despite the beat, the stock fell 19.4% to $482.59. This pattern of beating estimates and still declining has occurred four times in the past five quarters. The company's revenue growth is 35.7%, and its P/E ratio is 36.6x. Analysts suggest the market may have higher expectations than official estimates, and the stock is trading above its fair value of $456.81.