Fortune Brands Innovations (FBIN) Stock Forecast, Price Target & Predictions
FBIN Stock Forecast
Fortune Brands Innovations stock forecast is as follows: an average price target of $88.93 (represents a 18.73% upside from FBIN’s last price of $74.90) 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 $88.93 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $55.00. This represents a potential 18.73% upside from FBIN's last price of $74.90.
FBIN Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Garik Shmois | Loop Capital Markets | $90.00 | $85.31 | 5.50% | 20.16% |
| Oct 21, 2024 | Timothy Wojs | Robert W. Baird | $94.00 | $90.01 | 4.43% | 25.50% |
| Oct 09, 2024 | Philip Ng | Jefferies | $111.00 | $88.33 | 25.66% | 48.20% |
| Oct 09, 2024 | Matthew Bouley | Barclays | $100.00 | $87.20 | 14.68% | 33.51% |
| Jul 22, 2024 | Timothy Woljs | Robert W. Baird | $82.00 | $71.79 | 14.22% | 9.48% |
| Jul 12, 2024 | Garik Shmois | Loop Capital Markets | $79.00 | $68.79 | 14.84% | 5.47% |
| Jul 10, 2024 | Keith Hughes | Truist Financial | $75.00 | $64.30 | 16.64% | 0.13% |
| Jan 13, 2023 | - | RBC Capital | $63.00 | $62.67 | 0.53% | -15.89% |
| Dec 07, 2022 | - | BMO Capital | $82.00 | $60.63 | 35.24% | 9.48% |
| Dec 07, 2022 | - | Credit Suisse | $55.00 | $60.61 | -9.26% | -26.57% |
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 20.16% increase from FBIN last price ($74.90).
Fortune Brands Innovations Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 7 |
| Avg Price Target | $92.00 | $98.75 | $90.14 |
| Last Closing Price | $74.90 | $74.90 | $74.90 |
| Upside/Downside | 22.83% | 31.84% | 20.35% |
In the current month, the average price target of Fortune Brands Innovations stock is $92.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 22.83% increase as opposed to Fortune Brands Innovations's last price of $74.90. This month's average price target is down -6.84% compared to last quarter, and up 2.06% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 09, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 09, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 26, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 26, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 12, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Jan 31, 2024 | BMO Capital | Outperform | Market Perform | Downgrade |
| Oct 26, 2023 | Barclays | Overweight | Overweight | Hold |
| Apr 28, 2023 | Jefferies | - | Buy | Upgrade |
| Jan 13, 2023 | RBC Capital | Outperform | Sector Perform | Downgrade |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $1.31B | $1.13B | $1.19B | $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 | $1.24B | $1.24B | $1.30B | $1.17B | $1.19B | $1.21B | $1.25B | $1.10B | $1.12B | $1.24B | $1.28B | $1.08B | $1.12B | $1.22B | $1.15B | $995.62M | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 2 | 2 | 5 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 2 | 2 | 5 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 |
| 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 | $211.50M | $210.31M | $221.63M | $198.34M | $201.89M | $205.33M | $212.52M | $186.68M | $192.51M | $207.87M | $214.31M | $180.93M | $190.97M | $210.05M | $195.72M | $169.23M | $349.13M | $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 | $217.66M | $216.43M | $228.08M | $204.12M | $207.77M | $211.31M | $218.71M | $188.36M | $199.15M | $208.01M | $214.31M | $180.93M | $194.20M | $216.28M | $201.41M | $174.15M | $360.74M | $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 | $208.33M | $207.15M | $218.30M | $195.36M | $198.86M | $202.25M | $209.33M | $183.88M | $187.53M | $207.72M | $214.31M | $180.93M | $187.73M | $203.71M | $192.78M | $166.69M | $337.52M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.21% | 1.09% | 1.02% | 0.71% | 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 $180.93M, with a high of $180.93M and a low of $180.93M. This is -17.76% lower than Fortune Brands Innovations's previous annual EBITDA (Dec 23) of $220.00M.
Fortune Brands Innovations Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 2 | 2 | 5 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 |
| 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 | $173.98M | $179.82M | $180.90M | $128.10M | $153.75M | $165.63M | $158.73M | $115.18M | $146.25M | $143.42M | $140.22M | $93.55M | $119.92M | $145.57M | $133.64M | $77.16M | $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 | $164.36M | $169.88M | $170.90M | $121.02M | $145.25M | $156.48M | $149.96M | $107.58M | $127.66M | $143.13M | $140.20M | $93.49M | $111.18M | $131.65M | $126.25M | $72.89M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 2 | 2 | 5 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 |
| 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 | $289.97M | $288.34M | $303.86M | $271.93M | $276.79M | $281.51M | $291.37M | $250.94M | $265.31M | $277.12M | $285.51M | $241.04M | $258.72M | $288.13M | $268.33M | $232.01M | $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 | $277.54M | $275.98M | $290.83M | $260.27M | $264.92M | $269.44M | $278.87M | $244.97M | $249.84M | $276.73M | $285.51M | $241.04M | $250.10M | $271.39M | $256.82M | $222.07M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 2 | 2 | 5 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 |
| 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 | $1.44 | $1.45 | $1.02 | $1.23 | $1.32 | $1.27 | $0.92 | $1.17 | $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 | $1.31 | $1.36 | $1.37 | $0.97 | $1.16 | $1.25 | $1.20 | $0.86 | $1.02 | $1.14 | $1.12 | $0.75 | $0.89 | $1.05 | $1.01 | $0.58 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JELD | JELD-WEN | $10.21 | $15.60 | 52.79% | Hold |
| FBIN | Fortune Brands Innovations | $74.90 | $88.93 | 18.73% | Hold |
| CSL | Carlisle Companies | $431.73 | $479.00 | 10.95% | Buy |
| MAS | Masco | $77.01 | $77.83 | 1.06% | Hold |
| BLDR | Builders FirstSource | $174.83 | $167.93 | -3.95% | Buy |
| CARR | Carrier Global | $74.50 | $66.05 | -11.34% | Buy |
| JCI | Johnson Controls | $82.98 | $72.56 | -12.56% | Buy |
| LPX | Louisiana-Pacific | $111.39 | $94.86 | -14.84% | Hold |
| AZEK | AZEK Company | $48.22 | $39.29 | -18.52% | Buy |
| BECN | Beacon Roofing Supply | $108.94 | $87.50 | -19.68% | Buy |
| LII | Lennox | $625.35 | $418.57 | -33.07% | Buy |
| TT | Trane | $411.16 | $264.25 | -35.73% | Buy |