Fox Factory (FOXF) Stock Forecast, Price Target & Predictions


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FOXF Stock Forecast


Fox Factory stock forecast is as follows: an average price target of $93.33 (represents a 215.09% upside from FOXF’s last price of $29.62) 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 215.09% upside from FOXF's last price of $29.62.

FOXF Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 13, 2024Michael SwartzTruist Financial$55.00$46.7917.55%85.69%
Aug 05, 2022Jim DuffyStifel Nicolaus$115.00$94.4821.72%288.25%
Jun 24, 2022Jefferies$110.00$81.3435.23%271.37%

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 85.69% increase from FOXF last price ($29.62).

Fox Factory Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$55.00
Last Closing Price$29.62$29.62$29.62
Upside/Downside-100.00%-100.00%85.69%

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 $29.62. 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


DateCompanyPrevious RatingNew RatingRating Change
May 06, 2024Bank of America SecuritiesNeutralNeutralHold
Jun 24, 2022JefferiesBuyBuyHold

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 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 19Jun 19Mar 19Mar 18Mar 17
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$129.79M$106.33M
Avg Forecast$331.57M$380.25M$363.64M$335.27M$321.31M$366.86M$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$122.58M$82.03M
High Forecast$345.96M$396.75M$379.42M$343.29M$335.47M$366.98M$346.22M$327.58M$341.45M$408.01M$419.10M$410.94M$400.49M$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$147.10M$98.43M
Low Forecast$316.98M$363.51M$347.64M$329.71M$304.97M$366.74M$346.22M$327.58M$317.08M$393.23M$383.99M$376.52M$366.93M$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$98.07M$65.62M
# Analysts11146422473435223334466655551312
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%1.06%1.30%

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 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts11146422473435223334466655551312
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$18.95M$14.28M
Avg Forecast$54.67M$62.70M$59.96M$55.28M$52.98M$60.49M$57.09M$55.03M$53.93M$65.88M$66.23M$50.03M$61.41M$62.04M$69.69M$52.67M$51.86M$49.87M$45.90M$39.55M$38.95M$39.63M$24.40M$18.05M$28.40M$32.32M$29.50M$21.90M$17.83M$10.05M
High Forecast$57.05M$65.42M$62.56M$56.61M$55.32M$60.51M$57.09M$66.04M$56.30M$67.28M$69.11M$60.03M$73.69M$62.04M$83.63M$52.67M$51.86M$49.87M$45.90M$47.46M$38.95M$39.63M$24.40M$21.66M$28.40M$32.32M$29.50M$26.28M$21.40M$12.06M
Low Forecast$52.27M$59.94M$57.32M$54.37M$50.29M$60.47M$57.09M$44.03M$52.28M$64.84M$63.32M$40.02M$49.12M$62.04M$55.75M$52.67M$51.86M$49.87M$45.90M$31.64M$38.95M$39.63M$24.40M$14.44M$28.40M$32.32M$29.50M$17.52M$14.27M$8.04M
Surprise %---------0.63%0.80%1.21%1.00%1.28%1.05%1.22%1.09%1.33%1.39%1.39%0.78%1.40%1.14%0.93%-1.22%1.11%1.17%1.06%1.42%

4 analysts predict FOXF's average Quarter EBITDA for Dec 23 to be $53.93M, with a high of $56.30M and a low of $52.28M. This is 30.38% upper than Fox Factory's previous annual EBITDA (Sep 23) of $41.37M.

Fox Factory Net Income Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts11146422473435223334466655551312
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$21.22M$10.53M
Avg Forecast$18.02M$26.53M$21.10M$13.42M$11.90M$17.00M$14.45M$38.03M$34.47M$46.00M$47.20M$34.57M$41.11M$54.04M$46.48M$47.36M$43.79M$46.94M$42.45M$27.33M$32.85M$36.33M$11.03M$8.84M$25.72M$32.95M$27.57M$15.46M$19.98M$7.41M
High Forecast$19.04M$28.02M$22.29M$21.19M$12.72M$17.28M$14.45M$45.64M$36.55M$49.35M$48.47M$41.49M$49.33M$54.54M$55.78M$47.36M$43.79M$49.44M$42.58M$32.80M$32.85M$36.33M$11.03M$10.61M$25.72M$32.95M$27.57M$18.56M$23.97M$8.89M
Low Forecast$16.99M$25.01M$19.89M$7.77M$10.26M$16.72M$14.44M$30.43M$32.81M$42.24M$45.93M$27.66M$32.89M$53.54M$37.19M$47.36M$43.79M$44.44M$42.31M$21.87M$32.85M$36.33M$11.03M$7.07M$25.72M$32.95M$27.57M$12.37M$15.98M$5.93M
Surprise %---------0.77%0.84%1.21%1.29%0.94%1.15%1.01%0.86%0.93%1.04%1.39%0.69%1.05%1.14%0.93%-0.89%0.83%1.17%1.06%1.42%

Fox Factory's average Quarter net income forecast for Dec 23 is $34.47M, with a range of $32.81M to $36.55M. FOXF's average Quarter net income forecast represents a -2.32% decrease compared to the company's last Quarter net income of $35.29M (Sep 23).

Fox Factory SG&A Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts11146422473435223334466655551312
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$17.93M$14.67M
Avg Forecast$44.64M$51.20M$48.96M$45.14M$43.26M$49.39M$46.61M$37.27M$44.04M$53.79M$54.08M$33.88M$49.84M$53.21M$45.72M$45.18M$44.48M$42.78M$39.37M$26.79M$33.41M$33.99M$20.93M$36.94M$24.36M$27.72M$25.31M$17.46M$8.65M$10.33M
High Forecast$46.58M$53.42M$51.08M$46.22M$45.17M$49.41M$46.61M$44.73M$45.97M$54.93M$56.43M$40.66M$59.80M$53.21M$54.86M$45.18M$44.48M$42.78M$39.37M$32.14M$33.41M$33.99M$20.93M$44.33M$24.36M$27.72M$25.31M$20.95M$10.38M$12.39M
Low Forecast$42.68M$48.94M$46.80M$44.39M$41.06M$49.38M$46.61M$29.82M$42.69M$52.94M$51.70M$27.11M$39.87M$53.21M$36.57M$45.18M$44.48M$42.78M$39.37M$21.43M$33.41M$33.99M$20.93M$29.55M$24.36M$27.72M$25.31M$13.97M$6.92M$8.26M
Surprise %---------0.93%1.05%1.69%1.07%0.99%1.15%1.07%1.03%1.01%1.07%1.39%0.70%0.89%1.30%0.93%-0.88%0.93%1.17%2.07%1.42%

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 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts11146422473435223334466655551312
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$0.56$0.28
Avg Forecast$0.43$0.64$0.51$0.32$0.29$0.41$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$0.32$0.19
High Forecast$0.46$0.67$0.53$0.51$0.30$0.41$0.35$0.20$0.88$1.18$1.16$1.26$1.28$1.31$1.25$1.14$1.05$1.19$1.02$0.82$0.79$0.87$0.26$0.56$0.62$0.79$0.66$0.48$0.38$0.23
Low Forecast$0.41$0.60$0.48$0.19$0.25$0.40$0.35$0.18$0.79$1.01$1.10$1.13$1.14$1.28$1.19$1.14$1.05$1.07$1.01$0.82$0.79$0.87$0.26$0.56$0.62$0.79$0.66$0.48$0.26$0.15
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%1.75%1.47%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FOXFFox Factory$29.62$93.33215.09%Buy
LCIILCI Industries$102.69$150.0046.07%Buy
IBPInstalled Building Products$174.32$239.5037.39%Buy
MBUUMalibu Boats$36.59$39.337.49%Buy
EXLSExlService$44.53$39.00-12.42%Buy

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 215.09% from its last price of $29.62. 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 215.09% (from the last price of $29.62 to the average price target of $93.33), up by 288.25% based on the highest stock price target, and up by 85.69% based on the lowest stock price target.

Can Fox Factory stock reach $40?

FOXF's average twelve months analyst stock price target of $93.33 supports the claim that Fox Factory can reach $40 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 $1.36B (high $1.38B, low $1.35B), average EBITDA is $225.59M (high $238.95M, low $211.87M), average net income is $81.38M (high $90.1M, low $71.85M), average SG&A $176.54M (high $185.92M, low $166.87M), and average EPS is $1.23 (high $1.27, low $1.17). FOXF's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.41B (high $1.47B, low $1.36B), average EBITDA is $232.62M (high $241.63M, low $223.89M), average net income is $79.07M (high $90.54M, low $69.66M), average SG&A $189.94M (high $197.3M, low $182.82M), and average EPS is $1.9 (high $2.17, low $1.67).

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 $245.8M by 7.50%. The company's net income was $205.28M, beating the average estimation of $189M by 8.61%. Apple's SG&A was $206.9M, beating the average forecast of $193.94M by 6.68%. 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 $65.88M by -37.21%. Fox Factory's net income was $35.29M, missing the average estimation of $46M by -23.28%. 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%