Fox Factory (NASDAQ:FOXF) Announces Quarterly Earnings Results

Fox Factory (NASDAQ:FOXF) announced its earnings results on Friday. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.22, FiscalAI reports. Fox Factory had a positive return on equity of 5.57% and a negative net margin of 20.39%. The business had revenue of $338.41 million for the quarter, compared to analysts’ expectations of $337.56 million. During the same period last year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was down 10.1% on a year-over-year basis.

Fox Factory Price Performance

Shares of FOXF stock traded up $0.88 on Friday, hitting $17.80. 2,194,612 shares of the stock traded hands, compared to its average volume of 667,006. The firm has a market cap of $748.15 million, a price-to-earnings ratio of -2.49, a PEG ratio of 1.77 and a beta of 1.39. Fox Factory has a 52 week low of $13.08 and a 52 week high of $22.09. The firm has a 50 day simple moving average of $18.16 and a two-hundred day simple moving average of $18.10. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.10 and a quick ratio of 1.55.

Key Headlines Impacting Fox Factory

Here are the key news stories impacting Fox Factory this week:

• Positive Sentiment: Q3 earnings were $0.54 per share, above the $0.32 consensus and up from $0.23 a year earlier. Revenue of $338.41 million also narrowly topped estimates of $337.56 million. Fox Factory reports Q3 fiscal 2026 results
• Positive Sentiment: The Q3 highlights cited a reduction in leverage to about 2x, a balance-sheet improvement that may give the company greater flexibility. Q3 earnings call highlights
• Neutral Sentiment: Fox Factory appointed Troy Henige as chief technology officer. The leadership change could matter for future product and technology initiatives, though no immediate financial impact was provided. Fox Factory appoints Troy Henige as CTO
• Negative Sentiment: Revenue was down 10.1% from a year earlier, indicating continued sales pressure. Separate coverage also highlighted a substantial loss tied to the Marucci sale, tempering the positive message from the per-share earnings beat. Fox Factory posts big loss on Marucci sale

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Zacks Research lowered shares of Fox Factory from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. Roth Capital reiterated a “neutral” rating and issued a $17.00 price target on shares of Fox Factory in a research report on Monday, October 19th. Weiss Ratings upgraded shares of Fox Factory from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 6th. Stifel Nicolaus set a $25.00 price objective on shares of Fox Factory in a research report on Wednesday, September 30th. Finally, B. Riley Financial reduced their price objective on Fox Factory from $20.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $19.60.

Fox Factory Company Profile

Fox Factory Holding Corp. designs, engineers, manufactures and markets performance products for cycling, powered vehicles and other recreational applications. The company is best known for its suspension systems and components, including forks, shocks and related technologies used on mountain bikes, motorcycles, snowmobiles, trucks and side-by-side vehicles.

Through brands including FOX, Race Face, Easton Cycling, Marzocchi, Ride Concepts, Bell, Giro and CamelBak, Fox Factory offers bicycle components, wheels, drivetrain and cockpit products, cycling shoes, helmets, protective equipment, hydration products and apparel.