Fortune Brands Innovations, Inc. (FBIN)
NYSE: FBIN · IEX Real-Time Price · USD
78.74
+6.57 (9.10%)
Jul 26, 2024, 4:00 PM EDT - Market closed
FBIN Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for FBIN stock have an average target of 77.75, with a low estimate of 63 and a high estimate of 86. The average target predicts a decrease of -1.26% from the current stock price of 78.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FBIN stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 5 | 5 | 6 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $90 → $84 | Buy | Maintains | $90 → $84 | +6.68% | Jul 12, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $82 → $79 | Hold | Maintains | $82 → $79 | +0.33% | Jul 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $88 → $75 | Strong Buy | Maintains | $88 → $75 | -4.75% | Jul 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $92 → $75 | Strong Buy | Maintains | $92 → $75 | -4.75% | Jul 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $79 → $78 | Hold | Maintains | $79 → $78 | -0.94% | May 1, 2024 |
Financial Forecast
Revenue This Year
4.97B
from 4.63B
Increased by 7.35%
Revenue Next Year
5.22B
from 4.97B
Increased by 5.13%
EPS This Year
4.41
from 3.17
Increased by 39.11%
EPS Next Year
4.93
from 4.41
Increased by 11.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.2B | 5.5B | 5.8B | 6.3B | 6.7B |
| Avg | 5.0B | 5.2B | 5.6B | 6.1B | 6.5B |
| Low | 4.7B | 4.9B | 5.3B | 5.9B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8% | 11.4% | 11.9% | 12.1% | 9.7% |
| Avg | 7.3% | 5.1% | 7.2% | 8.9% | 6.6% |
| Low | 2.3% | -1.2% | 1.2% | 4.6% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.64 | 5.30 | 6.04 | 6.32 | 6.90 |
| Avg | 4.41 | 4.93 | 5.62 | 6.14 | 6.70 |
| Low | 4.17 | 4.51 | 5.11 | 5.90 | 6.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.4% | 20.2% | 22.5% | 12.5% | 12.3% |
| Avg | 39.1% | 11.8% | 14.0% | 9.3% | 9.1% |
| Low | 31.4% | 2.2% | 3.6% | 5.0% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.