Fox Factory Holding (NASDAQ:FOXF) Bolsa

Fox Factory Hldg

Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used predominantly on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North America and also has a presence in Asia, Europe, and the Rest of the World.

Fox Factory Holding

6 analysts have expressed a variety of opinions on Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Fox Factory Holding, revealing an average target of $31.17, a high estimate of $38.00, and a low estimate of $24.00. A decline of 16.14% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2025/1747252853_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Fox Factory Holding among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$34.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$24.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$34.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Craig Kennison</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Bret Jordan</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$38.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Craig Kennison</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$32.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Fox Factory Holding. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fox Factory Holding compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Fox Factory Holding's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Fox Factory Holding's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FOXF/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Fox Factory Holding analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.
<h2>All You Need to Know About Fox Factory Holding</h2>
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used predominantly on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North America and also has a presence in Asia, Europe, and the Rest of the World.
<h3>Understanding the Numbers: Fox Factory Holding's Finances</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Fox Factory Holding's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 6.46%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Fox Factory Holding's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -73.15%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Fox Factory Holding's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -24.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Fox Factory Holding's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -12.45%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Fox Factory Holding's debt-to-equity ratio is below the industry average. With a ratio of 0.77, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

FOXF

A Glimpse Into The Expert Outlook On Fox Factory Holding Through 6 Analysts

Truist Securities analyst Michael Swartz maintains Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Buy and raises the price target from $28 to $34.

News

Price Target

Truist Securities Maintains Buy on Fox Factory Holding, Raises Price Target to $34

WIIM

ADNT

APTV

HLLY

LAZR

LCID

MBLY

PATK

RIVN

TSLA

Shares of auto and auto parts stocks are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate supply chain uncertainty in the sector.

<h3>Gainers</h3>
<ul>
<li>Zapp Electric Vehicles Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) shares moved upwards by 67.8% to $0.52 during Friday's pre-market session. The market value of their outstanding shares is at $4.0 million. </li>
<li>Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) stock rose 8.92% to $23.26. The market value of their outstanding shares is at $970.0 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>ECD Automotive Design (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECDA#NASDAQ">ECDA</a>) stock rose 8.28% to $0.43. The market value of their outstanding shares is at $15.0 million. </li>
<li>Soho House (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHCO#NYSE">SHCO</a>) shares moved upwards by 7.95% to $6.65. The company's market cap stands at $1.2 billion. </li>
<li>TCTM Kids IT Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSA#NASDAQ">VSA</a>) stock increased by 6.78% to $0.75. The market value of their outstanding shares is at $7.4 million. </li>
<li>Tile Shop Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTSH#NASDAQ">TTSH</a>) shares rose 6.58% to $6.47. The market value of their outstanding shares is at $289.4 million. As per the news, the Q1 earnings report came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) stock decreased by 41.1% to $4.39 during Friday's pre-market session. The market value of their outstanding shares is at $6.5 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>1-800-Flowers.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLWS#NASDAQ">FLWS</a>) shares decreased by 16.24% to $4.85. The company's market cap stands at $309.6 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Universal Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UEIC#NASDAQ">UEIC</a>) stock declined by 15.18% to $5.2. The company's market cap stands at $68.3 million. The company's, Q1 earnings came out yesterday. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares decreased by 14.29% to $0.9. </li>
<li>FIGS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIGS#NYSE">FIGS</a>) shares declined by 13.07% to $4.39. The market value of their outstanding shares is at $713.4 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>Hour Loop (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOUR#NASDAQ">HOUR</a>) stock decreased by 11.95% to $1.18. The market value of their outstanding shares is at $41.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

ECDA

FIGS

FLWS

HOUR

SHCO

TTSH

UEIC

VEEE

ZAPP

12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session

Fox Factory Holdings shares are trading higher after the company reported better-than-expected Q1 financial results.

Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) affirms FY2025 Adj EPS guidance from $1.60-$2.60 to $1.60-$2.60 vs $1.90 analyst estimate. Affirms FY2025 sales outlook from $1.39 billion-$1.49 billion to $1.39 billion-$1.49 billion vs $1.42 billion estimate.

Guidance

Correction: Fox Factory Holding Affirms FY2025 Adj EPS Guidance of $1.60-$2.60 vs $1.90 Est; Affirms FY2025 Sales Guidance of $1.39B-$1.49B vs $1.42B Est

Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) is looking for Q2 Adj EPS of $0.32-$0.62 vs $0.45 analyst estimate. sees sales of $340.000 million-$360.000 million vs $349.80 million analyst estimate.

Fox Factory Holding Sees Q2 Adj EPS $0.32-$0.62 vs $0.45 Est; Sees Sales $340.000M-$360.000M vs $349.80M Est

Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) narrows FY2025 Adj EPS guidance from $1.60-$2.60 to $1.60 vs $1.90 analyst estimate. Affirms FY2025 sales outlook from $1.39 billion-$1.49 billion to $1.39 billion-$1.49 billion vs $1.42 billion estimate.

Fox Factory Holding Narrows FY2025 Adj EPS Guidance from $1.60-$2.60 to $1.60 vs $1.90 Est; Affirms FY2025 Sales Guidance of $1.39B-$1.49B vs $1.42B Est

Fox Factory Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.21 by 9.52 percent. This is a 20.69 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $355.03 million which beat the analyst consensus estimate of $330.70 million by 7.36 percent. This is a 6.46 percent increase over sales of $333.47 million the same period last year.

Earnings

Earnings Beats

Fox Factory Hldg Q1 Adj. EPS $0.23 Beats $0.21 Estimate, Sales $355.03M Beat $330.70M Estimate

AAOI

ABCL

ABEV

ACIC

ACIW

ACMR

ACTG

AFRM

AKAM

AKBA

ALGM

ALIT

ALRM

ALXO

Amplify YieldShares Oil Hedged MLP Income ETF

AMLX

AMPX

AMTX

APPN

APYX

AQMS

ARGX

ARHS

ARKO

ARLO

ASPN

ASTH

Adtalem Global Education Inc. Common Stock

ATGE

ATHM

ATUS

AUTL

AVAH

AVPT

AXGN

BAER

BBDC

BIGC

BILL

BIRD

BlackSky Technology Inc. Class A Common Stock

BKSY

BLFS

BLND

CARG

CARS

CBLL

CBUS

CCEC

CCOI

CCRD

CDTX

CION

CLAR

CLFD

CLNE

CLSK

CMPS

CMRE

CODX

COIN

COLD

COLL

COMP

CRNX

CRON

CROX

CRVS

CTEV

CTKB

CTLP

CVRX

DAVE

DCGO

DCTH

DIOD

DKNG

Earnings Scheduled For May 8, 2025

Truist Securities analyst Michael Swartz maintains Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Buy and lowers the price target from $40 to $24.

Truist Securities Maintains Buy on Fox Factory Holding, Lowers Price Target to $24

Stifel analyst Jim Duffy maintains Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Buy and lowers the price target from $40 to $34.

Stifel Maintains Buy on Fox Factory Holding, Lowers Price Target to $34

Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $33.75, with a high estimate of $40.00 and a low estimate of $25.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 14.01%. 
<img src="https://www.benzinga.com/files/images/story/2025/1743793246_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Fox Factory Holding by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Craig Kennison</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Bret Jordan</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$38.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Craig Kennison</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$32.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$40.00</td>
<td>$42.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fox Factory Holding. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fox Factory Holding compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Fox Factory Holding's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Fox Factory Holding's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FOXF/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Fox Factory Holding analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.
<h2>All You Need to Know About Fox Factory Holding</h2>
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used predominantly on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North America and also has a presence in Asia, Europe, and the Rest of the World.
<h3>Fox Factory Holding's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Fox Factory Holding's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.12% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Fox Factory Holding's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -0.04%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Fox Factory Holding's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.01%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.01%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Fox Factory Holding's debt-to-equity ratio is below the industry average at 0.6, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Fox Factory Holding Through The Eyes Of 4 Analysts

Baird analyst Craig Kennison maintains Fox Factory Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Neutral and lowers the price target from $32 to $25.

Baird Maintains Neutral on Fox Factory Holding, Lowers Price Target to $25

Anyone following <a href="https://www.benzinga.com/topic/mlb">Major League Baseball</a> in the 2025 season has heard about torpedo bats, a new trend of bats that have seen impressive results for those using them.
A deep dive into legal bats shows soaring demand and a public company that gives investors exposure to the latest hitting trend.
What Happened: The New York Yankees lost the<a href="https://www.benzinga.com/general/sports-betting/24/10/41521768/world-series-yankees-dodgers-showdown-could-boost-fox-betting-odds-how-to-watch-matchup-of"> 2024 World Series,</a> but if early results for the 2025 season are any indication, the team may be back with a vengeance.
The Yankees are currently 3-2 on the season and the team&#8217;s run differential of +19 ranks third best in the league behind the undefeated Los Angeles Dodgers (+22, 8-0) and San Diego Padres (+25, 7-0) which have played more games than them.
Through the first four games of the season, the Yankees had 18 home runs, breaking an MLB record for the first four games of any season. The team also had nine players hit home runs in the stretch and three players hit at least three home runs in the stretch, MLB firsts, as reported by <a href="https://www.cnn.com/2025/04/02/sport/yankees-home-run-record-torpedo-bats-spt/index.html">CNN</a>.
Helping the Yankees make history could be torpedo bats, a newer customized bat that is shaped like a torpedo and allocates extra wood to each hitter's "sweet spot."
The bats are legal as they fall within length and wood requirements and are made by an MLB-approved manufacturer.
Among the Yankees players using the bats are Anthony Volpe, Jazz Chisholm Jr., Cody Bellinger and Paul Goldschmidt.
"I don't know the science of it… I think I still hit the ball the same, like, exit velocity as I always did. I just feel like it gives you a feeling of — just feeling like you have more to work with," Chisholm Jr. said, as reported by <a href="https://www.cnn.com/2025/03/31/sport/torpedo-bats-mlb-yankees-explained-spt/index.html">CNN</a>.
The bats were developed by former MIT physicist Aaron "Lenny" Leanhardt, who spent time with the Yankees organization and is now a staff member for the Miami Marlins.
Read Also: <a href="https://www.benzinga.com/general/sports/24/10/41283005/warren-buffett-home-run-billionaires-baseball-bet-could-rise-in-value-with-minnesota-twins-sale">Warren Buffett Home Run? Billionaire&#8217;s Baseball Bet Could Rise In Value With Minnesota Twins Sale</a>
The Winning Company? While the big question will be if torpedo bats continue to see demand from MLB players and other baseball players, one company is already seeing increasing sales.
Victus president Jared Smith told <a href="https://www.cllct.com/sports-collectibles/memorabilia/swing-like-the-pros-torpedo-bats-now-available-for-anyone-to-order">cllct </a>that he has not seen demand like the torpedo bat in his 15 years in the industry.
"Of course, we are going to lean into it," Smith told cllct.
Smith said the Yankees and Baltimore Orioles are among the teams that have tested torpedo bats in the company's bat lab.
Smith said the question is how long the demand will last.
"It will definitely be here for good now. I'm not sure if it will take over the league or it will just be a fad."
Victus is <a href="https://ir.compassdiversified.com/news-releases/news-release-details/compass-diversified-completes-sale-marucci-sports">owned </a>by Fox Factory Holding Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>), a company known better for its bikes.
"The Torpedo has definitely achieved cool status," Smith added.
Fox Factory's business lines are predominantly bicycles, on-road and off-road vehicles, side-by-side vehicles, all-terrain vehicles and vehicle products. The company acquired Marucci and Victus, two baseball equipment makers, in 2023. The companies are the makers of the official bats for Major League Baseball. 
&#8220;Torpedo Shape. Victus Built. Get your hands on the most talked-about bat in the game,&#8221; Victus&#8217; <a href="https://victussports.com/">website </a>reads. 
Fox Factory's fourth-quarter financial <a href="https://investor.ridefox.com/press-releases/news-details/2025/Fox-Factory-Holding-Corp.-Reports-Fourth-Quarter-Fiscal-2024-Financial-Results/default.aspx">results </a>saw the company's Specialty Sports Group post a 33.3% year-over-year increase in net sales helped by the acquisition.
The next quarterly results from Fox Factory could show if there was an immediate impact for this business segment thanks to torpedo bats. The company commentary could also highlight if it is boosting guidance for the sports segment.
Why It's Important: Sports leagues evolve and new technology often makes players and teams better, which sometimes can break records and also create a more enjoyable experience for fans.
Betting on players to hit home runs has become a top bet for sportsbooks for the MLB season. Both DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) and Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) -owned FanDuel are leaning into the torpedo bats. Each sportsbook has sections featuring players who have used torpedo bats during the season.
On DraftKings, bettors can easily place wagers on the players using torpedo bats to hit a home run, get an RBI or hit a double. It&#8217;s not just Yankees players who are using the torpedo bats either.
Some players and baseball fans are skeptical of the torpedo bats and while legal, question the integrity of those using them.
"It's about fairness and equality," Barstool Sports founder Dave Portnoy <a href="https://www.foxbusiness.com/media/dave-portnoy-slams-yankees-torpedo-bats-warns-infiltrating-sacred-game-baseball">said </a>in a recent interview.
Portnoy said his hatred of torpedo bats is not about his dislike for the Yankees, but instead for the integrity of the game.
As long as MLB players keep hitting home runs with torpedo bats, the newer hitting tool will likely be a trending topic in baseball. 
FOXF Price Action: Fox Factory stock closed Thursday down 15.92% at $20.91 versus a 52-week trading range of $20.78 to $54.86, hitting new yearly lows on Thursday. The stock is down 25.6% year-to-date and over 50% over the past year.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/12/42395738/juan-sotos-765-million-mets-contract-could-be-bad-news-for-warren-buffett">Juan Soto&#8217;s $765 Million Mets Contract Could Be Bad News For Warren Buffett</a></li>
</ul>
Photo: Elliott Cowand Jr, Shutterstock.com

Sports

Trading Ideas

FLUT

Torpedo Bats Take Over MLB, Sportsbooks: Public Company Sees Soaring Demand For Home Run Hitting Baseball Bat

Jefferies analyst Bret Jordan maintains Fox Factory Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Buy and lowers the price target from $45 to $38.

Jefferies Maintains Buy on Fox Factory Hldg, Lowers Price Target to $38

Baird analyst Craig Kennison maintains Fox Factory Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) with a Neutral and lowers the price target from $38 to $32.

Baird Maintains Neutral on Fox Factory Hldg, Lowers Price Target to $32

Fox Factory shares are trading higher after the company reported better-than-expected Q4 financial results.

Fox Factory Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) is looking for FY2025 Adj EPS of $1.60-$2.60 vs $1.96 analyst estimate. sees sales of $1.385 billion-$1.485 billion vs $1.42 billion analyst estimate.

Fox Factory Hldg Sees FY2025 Adj EPS $1.60-$2.60 vs $1.96 Est; Sees Sales $1.385B-$1.485B vs $1.42B Est

Press Releases

General

Fox Factory Publishes 2023 Sustainability Report

Fox Factory Debuts First Team in Rebelle Rally 2024

Fox Factory Holding Corp. Announces Third Quarter 2024 Earnings Conference Call

Fox Factory Holding Corp. Reports Third Quarter Fiscal 2024 Financial Results

Fox Factory Holding Corp. Announces Fourth Quarter 2024 Earnings Conference Call

Legal

SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Fox Factory Holding Corp. (NASDAQ: FOXF) and Encourages Long-Term Investors to Contact the Firm

Fox Factory Holding Corp. Reports Fourth Quarter Fiscal 2024 Financial Results

GoPro Appoints Mick Lopez to Board of Directors

Fox Factory Holding Corp. Announces First Quarter 2025 Earnings Conference Call

Fox Factory Holding Corp. Reports First Quarter Fiscal 2025 Financial Results

GPRO

Adient

Autoliv

American Axle & Manufacturing Holdings, Inc. Common Stock

American Axle & Mfg Hldgs

BorgWarner

Cooper-Standard Holdings Inc. Common Stock

Cooper-Standard Holdings

Dana

Dorman Products

ECARX Holdings Inc. - Class A Ordinary shares

ECARX Holdings

Gentex

Garrett Motion

Hesai Group - American Depositary Share, each ADS represents one Class B ordinary share

Comments

Fox Factory Holding

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL