Fox Factory (FOXF) Stock Forecast, Price Target & Predictions
FOXF Stock Forecast
Fox Factory stock forecast is as follows: an average price target of $93.33 (represents a 136.94% upside from FOXF’s last price of $39.39) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
FOXF Price Target
The average price target for Fox Factory (FOXF) is $93.33 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $55.00. This represents a potential 136.94% upside from FOXF's last price of $39.39.
FOXF Analyst Ratings
According to 2 Wall Street analysts, Fox Factory's rating consensus is 'Buy'. The analyst rating breakdown for FOXF stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Fox Factory Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 13, 2024 | Michael Swartz | Truist Financial | $55.00 | $46.79 | 17.55% | 39.63% |
| Aug 05, 2022 | Jim Duffy | Stifel Nicolaus | $115.00 | $94.48 | 21.72% | 191.95% |
| Jun 24, 2022 | - | Jefferies | $110.00 | $81.34 | 35.23% | 179.26% |
The latest Fox Factory stock forecast, released on Jun 13, 2024 by Michael Swartz from Truist Financial, set a price target of $55.00, which represents a 17.55% increase from the stock price at the time of the forecast ($46.79), and a 39.63% increase from FOXF last price ($39.39).
Fox Factory Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $55.00 |
| Last Closing Price | $39.39 | $39.39 | $39.39 |
| Upside/Downside | -100.00% | -100.00% | 39.63% |
In the current month, the average price target of Fox Factory stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fox Factory's last price of $39.39. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 06, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Jun 24, 2022 | Jefferies | Buy | Buy | Hold |
Fox Factory's last stock rating was published by Bank of America Securities on May 06, 2024. The company gave FOXF a "Neutral" rating, the same as its previous rate.
Fox Factory Financial Forecast
Fox Factory Revenue Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $331.12M | $400.71M | $399.85M | $408.64M | $409.17M | $406.70M | $377.98M | $342.33M | $347.44M | $328.16M | $281.14M | $185.88M | $260.70M | $183.10M | $184.36M | - | $211.32M | $192.12M | $161.70M | $156.81M | $175.80M |
| Avg Forecast | $414.09M | $409.55M | $400.65M | $383.33M | $385.38M | $367.10M | $346.22M | $327.58M | $327.07M | $399.53M | $401.67M | $393.85M | $383.83M | $395.22M | $399.07M | $335.56M | $330.39M | $317.73M | $292.45M | $268.76M | $248.15M | $252.48M | $155.44M | $179.64M | $180.93M | $205.90M | $187.96M | $156.25M | $151.40M | $161.15M |
| High Forecast | $418.93M | $414.34M | $405.33M | $387.81M | $389.89M | $371.70M | $350.27M | $331.41M | $341.45M | $408.01M | $406.37M | $398.46M | $388.32M | $399.84M | $399.07M | $355.19M | $349.73M | $336.32M | $309.57M | $284.49M | $262.67M | $267.25M | $164.54M | $190.15M | $191.51M | $217.95M | $198.96M | $165.39M | $181.68M | $193.38M |
| Low Forecast | $404.26M | $399.82M | $391.13M | $374.23M | $376.23M | $358.58M | $338.00M | $319.80M | $317.08M | $393.23M | $392.13M | $384.50M | $374.71M | $385.83M | $399.07M | $316.92M | $312.05M | $300.08M | $276.21M | $253.84M | $234.37M | $238.46M | $146.81M | $169.67M | $170.88M | $194.46M | $177.52M | $147.57M | $121.12M | $128.92M |
| # Analysts | 2 | 2 | 2 | 2 | 5 | 6 | 5 | 3 | 4 | 7 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 8 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.83% | 1.00% | 1.02% | 1.06% | 1.04% | 1.02% | 1.13% | 1.04% | 1.09% | 1.12% | 1.05% | 0.75% | 1.03% | 1.18% | 1.03% | - | 1.03% | 1.02% | 1.03% | 1.04% | 1.09% |
Fox Factory's average Quarter revenue forecast for Dec 23 based on 4 analysts is $327.07M, with a low forecast of $317.08M, and a high forecast of $341.45M. FOXF's average Quarter revenue forecast represents a -1.22% decrease compared to the company's last Quarter revenue of $331.12M (Sep 23).
Fox Factory EBITDA Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 5 | 6 | 5 | 3 | 4 | 7 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 8 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | $41.37M | $52.78M | $60.56M | $61.10M | $79.17M | $73.30M | $64.36M | $56.36M | $66.32M | $64.00M | $54.97M | $30.39M | $55.48M | $27.89M | $16.85M | - | $39.37M | $32.65M | $25.64M | $26.24M | $34.62M |
| Avg Forecast | $65.00M | $64.28M | $62.89M | $60.17M | $60.49M | $57.62M | $54.34M | $55.03M | $51.34M | $62.71M | $63.05M | $50.03M | $60.25M | $69.08M | $62.64M | $52.67M | $55.82M | $62.80M | $52.71M | $39.55M | $39.99M | $39.20M | $26.85M | $18.05M | $28.91M | $37.38M | $31.66M | $21.90M | $25.30M | $31.47M |
| High Forecast | $65.76M | $65.04M | $63.62M | $60.87M | $61.20M | $58.34M | $54.98M | $66.04M | $53.60M | $64.04M | $63.79M | $60.03M | $60.95M | $82.90M | $62.64M | $55.75M | $66.99M | $75.36M | $63.25M | $47.46M | $47.98M | $47.04M | $32.22M | $21.66M | $34.70M | $44.85M | $37.99M | $26.28M | $30.36M | $37.76M |
| Low Forecast | $63.45M | $62.76M | $61.39M | $58.74M | $59.05M | $56.28M | $53.05M | $44.03M | $49.77M | $61.72M | $61.55M | $40.02M | $58.82M | $55.27M | $62.64M | $49.75M | $44.66M | $50.24M | $42.17M | $31.64M | $31.99M | $31.36M | $21.48M | $14.44M | $23.13M | $29.90M | $25.32M | $17.52M | $20.24M | $25.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.66% | 0.84% | 1.21% | 1.01% | 1.15% | 1.17% | 1.22% | 1.01% | 1.06% | 1.21% | 1.39% | 0.76% | 1.42% | 1.04% | 0.93% | - | 1.05% | 1.03% | 1.17% | 1.04% | 1.10% |
4 analysts predict FOXF's average Quarter EBITDA for Dec 23 to be $51.34M, with a high of $53.60M and a low of $49.77M. This is 24.11% upper than Fox Factory's previous annual EBITDA (Sep 23) of $41.37M.
Fox Factory Net Income Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 5 | 6 | 5 | 3 | 4 | 7 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 8 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | $35.29M | $39.73M | $41.77M | $52.96M | $50.77M | $53.50M | $48.05M | $37.73M | $43.82M | $44.27M | $37.99M | $22.52M | $38.02M | $12.61M | $8.25M | - | $29.49M | $22.92M | $18.10M | $20.13M | $24.31M |
| Avg Forecast | $36.98M | $34.48M | $30.58M | $23.35M | $20.54M | $17.57M | $14.44M | $38.03M | $34.46M | $45.98M | $47.18M | $34.57M | $50.64M | $45.65M | $50.81M | $47.97M | $37.37M | $41.50M | $36.46M | $27.33M | $27.37M | $29.28M | $12.13M | $8.84M | $21.43M | $27.99M | $22.23M | $15.46M | $19.41M | $22.10M |
| High Forecast | $37.54M | $35.00M | $31.05M | $23.71M | $20.85M | $20.91M | $14.66M | $45.64M | $36.53M | $49.32M | $47.90M | $41.49M | $51.41M | $54.77M | $50.81M | $51.62M | $44.85M | $49.80M | $43.75M | $32.80M | $32.84M | $35.14M | $14.56M | $10.61M | $25.72M | $33.59M | $26.67M | $18.56M | $23.30M | $26.52M |
| Low Forecast | $35.84M | $33.41M | $29.64M | $22.63M | $19.91M | $15.48M | $13.99M | $30.43M | $32.80M | $42.22M | $45.72M | $27.66M | $49.08M | $36.52M | $50.81M | $44.51M | $29.90M | $33.20M | $29.17M | $21.87M | $21.89M | $23.42M | $9.71M | $7.07M | $17.15M | $22.40M | $17.78M | $12.37M | $15.53M | $17.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.77% | 0.84% | 1.21% | 1.05% | 1.11% | 1.05% | 1.00% | 1.01% | 1.06% | 1.21% | 1.39% | 0.82% | 1.30% | 1.04% | 0.93% | - | 1.05% | 1.03% | 1.17% | 1.04% | 1.10% |
Fox Factory's average Quarter net income forecast for Dec 23 is $34.46M, with a range of $32.80M to $36.53M. FOXF's average Quarter net income forecast represents a -2.36% decrease compared to the company's last Quarter net income of $35.29M (Sep 23).
Fox Factory SG&A Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 5 | 6 | 5 | 3 | 4 | 7 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 8 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | $50.15M | $56.78M | $57.43M | $53.45M | $52.68M | $52.62M | $48.16M | $45.74M | $43.13M | $42.07M | $37.23M | $23.54M | $30.13M | $27.13M | $34.48M | - | $24.39M | $23.42M | $20.44M | $19.77M | $20.77M |
| Avg Forecast | $55.75M | $55.14M | $53.94M | $51.61M | $51.89M | $49.43M | $46.61M | $37.27M | $44.04M | $53.79M | $54.08M | $33.88M | $51.68M | $44.92M | $53.73M | $45.18M | $45.31M | $40.84M | $34.64M | $26.79M | $27.36M | $12.68M | $26.11M | $36.94M | $22.40M | $23.15M | $22.71M | $17.46M | $19.07M | $18.88M |
| High Forecast | $56.40M | $55.79M | $54.57M | $52.21M | $52.49M | $50.04M | $47.16M | $44.73M | $45.97M | $54.93M | $54.71M | $40.66M | $52.28M | $53.91M | $53.73M | $47.82M | $54.37M | $49.01M | $41.57M | $32.14M | $32.84M | $15.21M | $31.33M | $44.33M | $26.88M | $27.78M | $27.25M | $20.95M | $22.88M | $22.66M |
| Low Forecast | $54.43M | $53.83M | $52.66M | $50.38M | $50.65M | $48.28M | $45.51M | $29.82M | $42.69M | $52.94M | $52.80M | $27.11M | $50.45M | $35.94M | $53.73M | $42.67M | $36.25M | $32.67M | $27.71M | $21.43M | $21.89M | $10.14M | $20.89M | $29.55M | $17.92M | $18.52M | $18.17M | $13.97M | $15.25M | $15.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.93% | 1.05% | 1.69% | 1.03% | 1.17% | 0.98% | 1.07% | 1.01% | 1.06% | 1.21% | 1.39% | 0.86% | 2.38% | 1.04% | 0.93% | - | 1.05% | 1.03% | 1.17% | 1.04% | 1.10% |
Fox Factory's average Quarter SG&A projection for Dec 23 is $44.04M, based on 4 Wall Street analysts, with a range of $42.69M to $45.97M. The forecast indicates a -12.19% fall compared to FOXF last annual SG&A of $50.15M (Sep 23).
Fox Factory EPS Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 5 | 6 | 5 | 3 | 4 | 7 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 8 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | $0.83 | $0.94 | $0.99 | $1.25 | $1.20 | $1.27 | $1.14 | $0.90 | $1.04 | $1.05 | $0.91 | $0.58 | $0.91 | $0.32 | $0.21 | - | $0.77 | $0.60 | $0.48 | $0.53 | $0.64 |
| Avg Forecast | $0.89 | $0.83 | $0.73 | $0.56 | $0.49 | $0.42 | $0.35 | $0.19 | $0.83 | $1.10 | $1.13 | $1.19 | $1.21 | $1.30 | $1.22 | $1.14 | $1.05 | $1.13 | $1.02 | $0.82 | $0.79 | $0.87 | $0.26 | $0.56 | $0.62 | $0.79 | $0.66 | $0.48 | $0.54 | $0.60 |
| High Forecast | $0.90 | $0.84 | $0.74 | $0.57 | $0.50 | $0.50 | $0.35 | $0.19 | $0.88 | $1.18 | $1.15 | $1.21 | $1.23 | $1.32 | $1.22 | $1.22 | $1.13 | $1.21 | $1.10 | $0.88 | $0.85 | $0.94 | $0.28 | $0.61 | $0.66 | $0.85 | $0.71 | $0.52 | $0.65 | $0.72 |
| Low Forecast | $0.86 | $0.80 | $0.71 | $0.54 | $0.48 | $0.37 | $0.34 | $0.18 | $0.79 | $1.01 | $1.10 | $1.16 | $1.18 | $1.26 | $1.22 | $1.05 | $0.97 | $1.04 | $0.94 | $0.76 | $0.73 | $0.81 | $0.25 | $0.52 | $0.57 | $0.73 | $0.61 | $0.44 | $0.43 | $0.48 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.75% | 0.83% | 0.83% | 1.03% | 0.93% | 1.04% | 1.00% | 0.86% | 0.92% | 1.03% | 1.11% | 0.74% | 1.04% | 1.21% | 0.37% | - | 0.97% | 0.91% | 1.00% | 0.98% | 1.07% |
According to 4 Wall Street analysts, Fox Factory's projected average Quarter EPS for Dec 23 is $0.83, with a low estimate of $0.79 and a high estimate of $0.88. This represents a -0.45% decrease compared to FOXF previous annual EPS of $0.83 (Sep 23).
Fox Factory Peer Comparison by Price Target
FOXF Forecast FAQ
Is Fox Factory a good buy?
Yes, according to 2 Wall Street analysts, Fox Factory (FOXF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of FOXF's total ratings.
What is FOXF's price target?
Fox Factory (FOXF) average price target is $93.33 with a range of $55 to $115, implying a 136.94% from its last price of $39.39. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Fox Factory stock go up soon?
According to Wall Street analysts' prediction for FOXF stock, the company can go up by 136.94% (from the last price of $39.39 to the average price target of $93.33), up by 191.95% based on the highest stock price target, and up by 39.63% based on the lowest stock price target.
Can Fox Factory stock reach $60?
FOXF's average twelve months analyst stock price target of $93.33 supports the claim that Fox Factory can reach $60 in the near future.
What are Fox Factory's analysts' financial forecasts?
Fox Factory's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.43B (high $1.44B, low $1.39B), average EBITDA is $227.49M (high $240.56M, low $212.42M), average net income is $90.58M (high $102.06M, low $79.8M), average SG&A $185.2M (high $194.42M, low $174.26M), and average EPS is $1.45 (high $1.55, low $1.37). FOXF's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.61B (high $1.63B, low $1.57B), average EBITDA is $252.34M (high $255.29M, low $246.35M), average net income is $125.39M (high $127.3M, low $121.52M), average SG&A $216.44M (high $218.98M, low $211.3M), and average EPS is $3.01 (high $3.05, low $2.91).
Did the FOXF's actual financial results beat the analysts' financial forecasts?
Based on Fox Factory's last annual report (Dec 2022), the company's revenue was $1.6B, beating the average analysts forecast of $1.51B by 5.87%. Apple's EBITDA was $264.24M, beating the average prediction of $244.64M by 8.01%. The company's net income was $205.28M, beating the average estimation of $195.08M by 5.23%. Apple's SG&A was $206.9M, beating the average forecast of $195.51M by 5.83%. Lastly, the company's EPS was $4.86, missing the average prediction of $4.87 by -0.12%. In terms of the last quarterly report (Sep 2023), Fox Factory's revenue was $331.12M, missing the average analysts' forecast of $399.53M by -17.12%. The company's EBITDA was $41.36M, missing the average prediction of $62.71M by -34.04%. Fox Factory's net income was $35.29M, missing the average estimation of $45.98M by -23.24%. The company's SG&A was $50.15M, missing the average forecast of $53.79M by -6.77%. Lastly, the company's EPS was $0.83, missing the average prediction of $1.1 by -24.72%