Fox Factory (FOXF) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fox Factory in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FOXF shares.
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8 equities research analysts have issued 1 year price objectives for Fox Factory's stock. Their FOXF share price forecasts range from $120.00 to $135.00. On average, they expect the company's share price to reach $128.00 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
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Fox Factory's stock was trading at $91.23 on January 1st, 2023. Since then, FOXF stock has increased by 8.6% and is now trading at $99.08.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our FOXF earnings forecast.

Fox Factory Holding Corp. (NASDAQ:FOXF) released its quarterly earnings results on Thursday, August, 3rd. The company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.07. The business earned $400.72 million during the quarter, compared to analysts' expectations of $401.67 million. Fox Factory had a net margin of 11.45% and a trailing twelve-month return on equity of 19.41%. Fox Factory's revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.38 earnings per share.

ETFs with the largest weight of Fox Factory (NASDAQ:FOXF) stock in their portfolio include BlackRock Future Innovators ETF (BFTR), MFAM Small-Cap Growth ETF (MFMS) and Motley Fool Small-Cap Growth ETF (TMFS).iShares Russell 2000 Growth ETF (IWO).

Fox Factory issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $1.00-$1.20 for the period, compared to the consensus estimate of $1.41. The company issued revenue guidance of $390.00 million-$410.00 million, compared to the consensus revenue estimate of $436.04 million.

8 employees have rated Fox Factory Chief Executive Officer Mike Dennison on Glassdoor.com. Mike Dennison has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fox Factory investors own include Advanced Micro Devices (AMD), Ciena (CIEN), NVIDIA (NVDA), Energy Transfer (ET), Bank of America (BAC), Pfizer (PFE), Applied Materials (AMAT), Cisco Systems (CSCO), Edwards Lifesciences (EW) and Intelsat (I).

Fox Factory trades on the NASDAQ under the ticker symbol "FOXF."

Shares of FOXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FOXF stock can currently be purchased for approximately $99.08.

Fox Factory (NASDAQ:FOXF) has a market capitalization of $4.20 billion and generates $1.60 billion in revenue each year. The company earns $205.28 million in net income (profit) each year or $4.37 on an earnings per share basis.

The company employs 4,400 workers across the globe.

Fox Factory's mailing address is 6634 Highway 53, Braselton GA, 30517. The official website for the company is www.ridefox.com. The company can be reached via phone at (831) 274-6500, via email at katie.turner@icrinc.com, or via fax at 831-768-9342.