Fox Factory Shares Soar 2.35% to 2025 High on Strong Earnings

Fox Factory Holding Corp (FOXF) shares rose to their highest level since March 2025 today, with an intraday gain of 2.35%.

Truist analyst Michael Swartz has raised the price target for Fox Factory shares from $28 to $34, while maintaining a Buy rating. This adjustment indicates a bullish outlook for the company, suggesting that Swartz believes the stock has significant upside potential.

Fox Factory Holding Corp recently reported its Q1 2025 earnings, demonstrating a robust financial performance that surpassed market expectations. This strong earnings report is likely to have bolstered investor confidence in the company, contributing to the recent upward trend in its stock price.