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Fortune Brands Innovations (FBIN) Stock Forecast, Price Target & Predictions

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FBIN Stock Forecast

Fortune Brands Innovations stock forecast is as follows: an average price target of $94.00 (represents a 34.92% upside from FBIN’s last price of $69.67) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

FBIN Price Target

The average price target for Fortune Brands Innovations (FBIN) is $94.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $111.00 to $75.00. This represents a potential 34.92% upside from FBIN's last price of $69.67.

FBIN Analyst Ratings

Hold

According to 11 Wall Street analysts, Fortune Brands Innovations's rating consensus is 'Hold'. The analyst rating breakdown for FBIN stock is 1 'Strong Buy' (9.09%), 4 'Buy' (36.36%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Fortune Brands Innovations Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Garik ShmoisLoop Capital Markets$90.00$85.315.50%29.18%
Oct 21, 2024Timothy WojsRobert W. Baird$94.00$90.014.43%34.92%
Oct 09, 2024Philip NgJefferies$111.00$88.3325.66%59.32%
Oct 09, 2024Matthew BouleyBarclays$100.00$87.2014.68%43.53%
Jul 22, 2024Timothy WoljsRobert W. Baird$82.00$71.7914.22%17.70%
Jul 12, 2024Garik ShmoisLoop Capital Markets$79.00$68.7914.84%13.39%
Jul 10, 2024Keith HughesTruist Financial$75.00$64.3016.64%7.65%
Jan 13, 2023RBC Capital$63.00$62.670.53%-9.57%
Dec 07, 2022BMO Capital$82.00$60.6335.24%17.70%
Dec 07, 2022Credit Suisse$55.00$60.61-9.26%-21.06%
Jul 28, 2022RBC Capital$74.00$67.719.29%6.22%
Jul 28, 2022UBS$104.00$68.7351.31%49.28%
Jul 15, 2022J.P. Morgan$77.00$62.3523.50%10.52%
Jun 28, 2022Wells Fargo$66.00$62.884.96%-5.27%
Jun 23, 2022Goldman Sachs$89.00$58.5152.11%27.75%
May 09, 2022Credit Suisse$95.00$70.9133.97%36.36%
Apr 29, 2022RBC Capital$101.00$76.5831.89%44.97%
Apr 21, 2022Wells Fargo$78.00$72.537.54%11.96%
Apr 20, 2022J.P. Morgan$81.00$72.6511.49%16.26%
Oct 27, 2021Stephen KimEvercore ISI$119.00$98.6220.67%70.81%
Jul 15, 2021Deepa RaghavanWells Fargo$105.00$95.689.74%50.71%
May 04, 2021Kenneth ZenerKeyBanc$120.00$107.5311.60%72.24%
Apr 30, 2021Keith HughesTruist Financial$125.00$103.8520.37%79.42%

The latest Fortune Brands Innovations stock forecast, released on Nov 07, 2024 by Garik Shmois from Loop Capital Markets, set a price target of $90.00, which represents a 5.50% increase from the stock price at the time of the forecast ($85.31), and a 29.18% increase from FBIN last price ($69.67).

Fortune Brands Innovations Price Target by Period

1M3M12M
# Anlaysts-47
Avg Price Target-$98.75$90.14
Last Closing Price$69.67$69.67$69.67
Upside/Downside-100.00%41.74%29.38%

In the current month, the average price target of Fortune Brands Innovations stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fortune Brands Innovations's last price of $69.67. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 09, 2024JefferiesBuyBuyHold
Oct 09, 2024BarclaysOverweightOverweightHold
Jul 26, 2024RBC CapitalSector PerformSector PerformHold
Jul 26, 2024BarclaysOverweightOverweightHold
Jul 12, 2024Loop Capital MarketsHoldHoldHold
Jan 31, 2024BMO CapitalOutperformMarket PerformDowngrade
Oct 26, 2023BarclaysOverweightOverweightHold
Apr 28, 2023JefferiesBuyUpgrade
Jan 13, 2023RBC CapitalOutperformSector PerformDowngrade
Dec 07, 2022BMO CapitalOutperformOutperformHold
Dec 07, 2022Credit SuisseNeutralNeutralHold
Jul 28, 2022RBC CapitalOutperformOutperformHold
Jul 28, 2022UBSBuyBuyHold
Jun 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 23, 2022Goldman SachsBuyBuyHold
Apr 29, 2022KeyBancSector WeightDowngrade
Apr 29, 2022RBC CapitalOutperformOutperformHold
Apr 29, 2022CFRAStrong BuyUpgrade

Fortune Brands Innovations's last stock rating was published by BMO Capital on Oct 22, 2024. The company gave FBIN a "Market Perform" rating, the same as its previous rate.

Fortune Brands Innovations Financial Forecast

Fortune Brands Innovations Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.16B$1.26B$1.16B$1.04B$1.13B$2.05B$2.11B$1.92B$1.96B$1.99B$1.94B$1.77B$1.66B$1.65B$1.38B$1.40B$1.47B$1.46B
Avg Forecast$1.26B$1.26B$1.32B$1.18B$1.21B$1.23B$1.27B$1.12B$1.15B$1.24B$1.28B$1.08B$1.14B$1.25B$1.17B$1.01B$2.09B$2.09B$2.06B$1.88B$1.93B$1.94B$1.89B$1.64B$1.62B$1.53B$1.30B$1.37B$1.48B$1.49B
High Forecast$1.30B$1.29B$1.36B$1.22B$1.24B$1.26B$1.30B$1.13B$1.16B$1.24B$1.28B$1.08B$1.16B$1.29B$1.20B$1.04B$2.15B$2.09B$2.06B$1.88B$1.93B$1.94B$1.89B$1.64B$1.62B$1.53B$1.30B$1.37B$1.48B$1.49B
Low Forecast$1.25B$1.24B$1.31B$1.17B$1.19B$1.21B$1.26B$1.10B$1.13B$1.24B$1.28B$1.08B$1.12B$1.22B$1.16B$1.00B$2.02B$2.09B$2.06B$1.88B$1.93B$1.94B$1.89B$1.64B$1.62B$1.53B$1.30B$1.37B$1.48B$1.49B
# Analysts333323471072251688107771288812888117
Surprise %------------1.02%1.01%1.00%1.03%0.54%0.98%1.03%1.02%1.02%1.02%1.02%1.08%1.03%1.08%1.05%1.03%0.99%0.98%

Fortune Brands Innovations's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.08B, with a low forecast of $1.08B, and a high forecast of $1.08B. FBIN's average Quarter revenue forecast represents a -6.94% decrease compared to the company's last Quarter revenue of $1.16B (Dec 23).

Fortune Brands Innovations EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333323471072251688107771288812888117
EBITDA------------$220.00M$255.00M$214.20M$173.10M$248.60M$362.10M$359.50M$302.20M$308.00M$334.10M$343.70M$292.80M$276.80M$278.00M$215.90M$198.60M$201.40M$204.90M
Avg Forecast$208.18M$207.01M$218.15M$195.23M$198.72M$202.11M$209.18M$183.75M$189.49M$204.60M$210.94M$178.09M$187.97M$206.75M$192.64M$166.57M$343.65M$367.91M$362.87M$332.55M$339.82M$343.06M$333.84M$288.97M$285.64M$269.68M$230.14M$241.33M$261.89M$262.30M
High Forecast$213.91M$212.71M$224.15M$200.60M$204.19M$207.67M$214.94M$185.40M$191.14M$204.75M$210.94M$178.09M$191.15M$212.88M$197.95M$171.16M$355.07M$367.91M$362.87M$332.55M$339.82M$343.06M$333.84M$288.97M$285.64M$269.68M$230.14M$241.33M$261.89M$262.30M
Low Forecast$206.08M$204.92M$215.95M$193.25M$196.71M$200.06M$207.07M$181.89M$186.19M$204.46M$210.94M$178.09M$184.78M$200.51M$190.70M$164.89M$332.22M$367.91M$362.87M$332.55M$339.82M$343.06M$333.84M$288.97M$285.64M$269.68M$230.14M$241.33M$261.89M$262.30M
Surprise %------------1.17%1.23%1.11%1.04%0.72%0.98%0.99%0.91%0.91%0.97%1.03%1.01%0.97%1.03%0.94%0.82%0.77%0.78%

2 analysts predict FBIN's average Quarter EBITDA for Mar 24 to be $178.09M, with a high of $178.09M and a low of $178.09M. This is -19.05% lower than Fortune Brands Innovations's previous annual EBITDA (Dec 23) of $220.00M.

Fortune Brands Innovations Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333323471072251688107771288812888117
Net Income------------$81.30M$136.50M$102.10M$84.60M$109.90M$204.20M$192.00M$180.90M$175.30M$202.10M$217.20M$177.80M$163.60M$164.60M$115.80M$109.10M$104.10M$105.60M
Avg Forecast$167.63M$173.26M$174.31M$123.43M$148.14M$159.59M$152.94M$110.12M$132.62M$143.28M$140.21M$93.52M$116.17M$139.24M$128.76M$74.34M$184.74M$185.77M$172.54M$135.30M$138.86M$148.87M$149.32M$112.90M$125.79M$113.94M$65.37M$72.10M$104.39M$105.05M
High Forecast$173.63M$179.46M$180.54M$127.85M$153.44M$165.30M$158.42M$115.18M$135.17M$143.42M$140.22M$93.55M$119.92M$145.57M$133.37M$77.00M$184.85M$185.77M$172.54M$135.30M$138.86M$152.77M$149.32M$112.90M$125.79M$113.94M$65.37M$72.10M$104.39M$105.05M
Low Forecast$165.43M$170.99M$172.02M$121.81M$146.20M$157.49M$150.93M$107.58M$131.34M$143.13M$140.20M$93.49M$111.18M$131.65M$127.07M$73.36M$184.63M$185.77M$172.54M$135.30M$138.86M$144.98M$149.32M$112.90M$125.79M$113.94M$65.37M$72.10M$104.39M$105.05M
Surprise %------------0.70%0.98%0.79%1.14%0.59%1.10%1.11%1.34%1.26%1.36%1.45%1.57%1.30%1.44%1.77%1.51%1.00%1.01%

Fortune Brands Innovations's average Quarter net income forecast for Mar 24 is $93.52M, with a range of $93.49M to $93.55M. FBIN's average Quarter net income forecast represents a 15.03% increase compared to the company's last Quarter net income of $81.30M (Dec 23).

Fortune Brands Innovations SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333323471072251688107771288812888117
SG&A------------$305.80M$321.10M$280.70M$260.80M$267.30M$415.30M$434.60M$409.50M$403.60M$400.20M$394.60M$371.50M$362.90M$328.30M$276.20M$313.90M$344.30M$311.30M
Avg Forecast$281.77M$280.19M$295.26M$264.24M$268.96M$273.55M$283.13M$248.70M$256.47M$276.92M$285.51M$241.04M$254.41M$279.83M$260.74M$225.45M$465.12M$465.27M$458.90M$420.55M$429.75M$433.84M$422.18M$365.43M$361.23M$341.04M$291.05M$305.19M$331.19M$331.71M
High Forecast$289.52M$287.90M$303.39M$271.51M$276.36M$281.08M$290.92M$250.94M$258.70M$277.12M$285.51M$241.04M$258.72M$288.13M$267.92M$231.66M$480.58M$465.27M$458.90M$420.55M$429.75M$433.84M$422.18M$365.43M$361.23M$341.04M$291.05M$305.19M$331.19M$331.71M
Low Forecast$278.92M$277.35M$292.28M$261.57M$266.24M$270.78M$280.26M$246.19M$252.01M$276.73M$285.51M$241.04M$250.10M$271.39M$258.10M$223.17M$449.66M$465.27M$458.90M$420.55M$429.75M$433.84M$422.18M$365.43M$361.23M$341.04M$291.05M$305.19M$331.19M$331.71M
Surprise %------------1.20%1.15%1.08%1.16%0.57%0.89%0.95%0.97%0.94%0.92%0.93%1.02%1.00%0.96%0.95%1.03%1.04%0.94%

Fortune Brands Innovations's average Quarter SG&A projection for Mar 24 is $241.04M, based on 2 Wall Street analysts, with a range of $241.04M to $241.04M. The forecast indicates a -21.18% fall compared to FBIN last annual SG&A of $305.80M (Dec 23).

Fortune Brands Innovations EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333323471072251688107771288812888117
EPS------------$0.64$1.08$0.81$0.67$0.86$1.58$1.47$1.36$1.30$1.45$1.56$1.28$1.18$1.16$0.82$0.78$0.75$0.75
Avg Forecast$1.34$1.39$1.39$0.99$1.18$1.28$1.22$0.88$1.06$1.15$1.12$0.75$0.93$1.11$1.03$0.59$1.48$1.48$1.37$1.08$1.10$1.18$1.19$0.90$1.00$0.91$0.52$0.57$0.83$0.84
High Forecast$1.39$1.43$1.44$1.02$1.23$1.32$1.27$0.92$1.08$1.15$1.12$0.75$0.96$1.16$1.07$0.62$1.48$1.48$1.37$1.08$1.10$1.21$1.19$0.90$1.00$0.91$0.52$0.57$0.83$0.84
Low Forecast$1.32$1.37$1.38$0.97$1.17$1.26$1.21$0.86$1.05$1.14$1.12$0.75$0.89$1.05$1.02$0.59$1.48$1.48$1.37$1.08$1.10$1.15$1.19$0.90$1.00$0.91$0.52$0.57$0.83$0.84
Surprise %------------0.69%0.97%0.79%1.13%0.58%1.07%1.07%1.26%1.18%1.22%1.31%1.42%1.18%1.28%1.58%1.35%0.90%0.90%

According to 2 Wall Street analysts, Fortune Brands Innovations's projected average Quarter EPS for Mar 24 is $0.75, with a low estimate of $0.75 and a high estimate of $0.75. This represents a 16.81% increase compared to FBIN previous annual EPS of $0.64 (Dec 23).

Fortune Brands Innovations Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BLDRBuilders FirstSource$160.12$210.1431.24%Buy
FBINFortune Brands Innovations$73.80$94.0027.37%Hold
JELDJELD-WEN$9.88$12.0021.46%Hold
CSLCarlisle Companies$404.63$487.0020.36%Buy
CARRCarrier Global$70.28$80.5014.54%Buy
MASMasco$76.58$86.6713.18%Hold
TTTrane$391.79$402.602.76%Buy
BECNBeacon Roofing Supply$105.32$107.502.07%Buy
LIILennox$657.59$622.67-5.31%Buy
LPXLouisiana-Pacific$110.68$101.75-8.07%Hold
AZEKAZEK Company$52.73$48.00-8.97%Buy
JCIJohnson Controls$81.85$74.00-9.59%Buy

FBIN Forecast FAQ

Is Fortune Brands Innovations a good buy?

No, according to 11 Wall Street analysts, Fortune Brands Innovations (FBIN) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 45.45% of FBIN's total ratings.

What is FBIN's price target?

Fortune Brands Innovations (FBIN) average price target is $94 with a range of $75 to $111, implying a 34.92% from its last price of $69.67. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Fortune Brands Innovations stock go up soon?

According to Wall Street analysts' prediction for FBIN stock, the company can go up by 34.92% (from the last price of $69.67 to the average price target of $94), up by 59.32% based on the highest stock price target, and up by 7.65% based on the lowest stock price target.

Can Fortune Brands Innovations stock reach $100?

FBIN's highest twelve months analyst stock price target of $111 supports the claim that Fortune Brands Innovations can reach $100 in the near future.

What are Fortune Brands Innovations's analysts' financial forecasts?

Fortune Brands Innovations's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.82B (high $4.93B, low $4.77B), average EBITDA is $793.76M (high $812.2M, low $785.74M), average net income is $570.8M (high $592.34M, low $562.21M), average SG&A $1.07B (high $1.1B, low $1.06B), and average EPS is $4.56 (high $4.73, low $4.49). FBIN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.03B (high $5.17B, low $4.98B), average EBITDA is $828.57M (high $851.37M, low $820.2M), average net income is $638.64M (high $661.48M, low $630.24M), average SG&A $1.12B (high $1.15B, low $1.11B), and average EPS is $5.11 (high $5.29, low $5.04).

Did the FBIN's actual financial results beat the analysts' financial forecasts?

Based on Fortune Brands Innovations's last annual report (Dec 2023), the company's revenue was $4.63B, beating the average analysts forecast of $4.58B by 1.12%. Apple's EBITDA was $833.4M, beating the average prediction of $753.93M by 10.54%. The company's net income was $403.5M, missing the average estimation of $458.52M by -12.00%. Apple's SG&A was $1.17B, beating the average forecast of $1.02B by 14.50%. Lastly, the company's EPS was $3.16, missing the average prediction of $3.67 by -13.78%. In terms of the last quarterly report (Dec 2023), Fortune Brands Innovations's revenue was $1.16B, beating the average analysts' forecast of $1.14B by 1.81%. The company's EBITDA was $220M, beating the average prediction of $187.97M by 17.04%. Fortune Brands Innovations's net income was $81.3M, missing the average estimation of $116.17M by -30.02%. The company's SG&A was $305.8M, beating the average forecast of $254.41M by 20.20%. Lastly, the company's EPS was $0.64, missing the average prediction of $0.929 by -31.08%