Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
88.52
+0.56 (0.64%)
May 15, 2025, 12:20 PM - Market open

Franklin Electric Co. Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Franklin Electric Co. stock has a target of 94, which predicts a 6.20% increase from the current stock price of 88.52.

Price Target: $94.00 (+6.20%)
Analyst Consensus: Hold
Target Low Average Median High
Price $94 $94 $94 $94
Change +6.20% +6.20% +6.20% +6.20%

Analyst Ratings

According to 1 stock analyst, the rating for Franklin Electric Co. is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 111100
Buy 000000
Hold 222221
Sell 000000
Strong Sell 000000
Total 333321

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Hold
Maintains
$111$94
Hold Maintains $111$94 +6.20% Apr 30, 2025
Baird
Baird
Hold
Maintains
$107$105
Hold Maintains $107$105 +18.62% Oct 30, 2024
DA Davidson
DA Davidson
Hold
Maintains
$87$90
Hold Maintains $87$90 +1.68% May 1, 2024
Northcoast Research
Northcoast Research
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Feb 23, 2024
Baird
Baird
Hold
Maintains
$91$100
Hold Maintains $91$100 +12.98% Feb 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.14B
from 2.02B
Increased by 5.87%
Revenue Next Year
2.26B
from 2.14B
Increased by 5.65%
EPS This Year
4.29
from 3.86
Increased by 11.09%
EPS Next Year
4.82
from 4.29
Increased by 12.50%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.25B1.66B2.04B2.07B2.02B2.14B2.26B
Revenue Growth
-5.12%33.23%22.98%1.05%-2.12%5.87%5.65%
EPS
2.143.253.974.113.864.294.82
EPS Growth
5.42%51.87%22.15%3.53%-6.08%11.09%12.50%
Forward PE
-----20.6418.35
No. Analysts
-----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 2.2B 2.4B
Avg 2.1B 2.3B
Low 2.0B 2.2B

Revenue Growth

Revenue Growth 20252026
High
9.4%
10.0%
Avg
5.9%
5.7%
Low
1.2%
0.9%

EPS Forecast

EPS 20252026
High 4.46 5.15
Avg 4.29 4.82
Low 4.07 4.41

EPS Growth

EPS Growth 20252026
High
15.6%
20.0%
Avg
11.1%
12.5%
Low
5.4%
2.8%
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.