New York, January 25, 2026, 18:40 (EST) — Market closed
- Fabrinet shares closed Friday at $466.91, slipping 0.7% following an unusually volatile session.
- The optical manufacturing services provider will release its fiscal second-quarter results on Feb. 2, after the U.S. market closes.
- Traders are gearing up for a Federal Reserve decision midweek alongside a series of major tech earnings reports.
Fabrinet shares ended Friday down 0.7%, closing at $466.91 after dipping to a low of $450.42 and hitting a high of $468.14 earlier in the session. The stock showed little movement in after-hours trading, which occurs outside the regular U.S. market hours. 1
The upcoming sessions are crucial as FN now serves as a barometer for demand linked to data networks—the backbone of cloud computing and AI. A change in risk appetite could swiftly impact the stock, even if there’s no news directly about the company.
The scene is unsettled as we step into a week packed with central bank decisions and major corporate earnings. Investors are weighing which segments of the AI supply chain still hold steam and which might be getting ahead of actual demand.
Fabrinet will report its fiscal second-quarter results, ending Dec. 26, after the market closes on Monday, Feb. 2. A conference call is scheduled for 5 p.m. EST that day. The company specializes in optical packaging and precision manufacturing for complex products, including optical communication components and modules. 2
Wall Street grew cautious late last week after Intel’s shares dropped sharply on a weaker-than-expected forecast, even as most megacaps held steady ahead of their earnings. “We feel pretty good about where we are today,” said Jason Blackwell, chief investment strategist at Focus Partners Wealth. Julian McManus, a portfolio manager at Janus Henderson, described the upcoming period as a “show-me” moment for AI-related stocks. 3
For Fabrinet, the real test will come down to its order flow and guidance. Traders zero in on optical transceivers — which convert data signals into light for high-speed connections — since they play a crucial role in data center and telecom upgrades.
In the Feb. 2 report, investors will be focused on whether demand remains steady across key end markets and how product mix is impacting profits. A change in the company’s outlook on customer spending could swing the shares even more than the headline figures.
But the situation works both ways. If customers pull back on orders or management signals weaker demand in data center or telecom projects, the stock could slip sharply after its recent rally.
Markets will face the Federal Reserve’s Jan. 27–28 meeting before Fabrinet reports earnings, with the policy decision set for 2:00 p.m. ET on Jan. 28 and a press conference slated for 2:30 p.m. ET. 4
FN faces two key events ahead: the Fed’s decision on Wednesday, Jan. 28, and Fabrinet’s quarterly earnings report, set to drop after the close on Monday, Feb. 2.
