Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
98.22
+0.59 (0.60%)
Nov 13, 2026, 4:00 PM EST - Market closed

Franklin Electric Co. Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Franklin Electric Co. stock has a consensus rating of "Buy" and an average price target of $127.5. The average 1-year stock price forecast is 29.81% higher than the current stock price, while the lowest is $120 (+22.17%) and the highest is $135 (+37.45%).

Price Target: $127.5 (+29.81%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$120$127.5$127.5$135
Change+22.17%+29.81%+29.81%+37.45%

Analyst Ratings

The average analyst rating for Franklin Electric Co. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26Jun '26Jul '26Sep '26Oct '26Nov '26
Strong Buy222223
Buy000000
Hold333332
Sell000000
Strong Sell000000
Total555555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
D.A. Davidson
D.A. Davidson
Buy
Upgrades
$105 → $135
BuyUpgrades$105 → $135+37.45%Nov 2, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$124 → $130
HoldMaintains$124 → $130+32.36%Oct 29, 2026
Unknown Analyst
Oppenheimer
No rating
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 22, 2026

Financial Forecast

Revenue This Year
2.31B
from 2.13B
Increased by 8.37%
Revenue Next Year
2.51B
from 2.31B
Increased by 8.60%
EPS This Year
4.78
from 4.14
Increased by 15.46%
EPS Next Year
5.42
from 4.78
Increased by 13.34%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.66B2.04B2.07B2.02B2.13B2.31B
Revenue Growth
33.23%22.98%1.05%-2.12%5.44%8.37%
Gross Profit
576.09M691.44M697.01M717.28M755.93M818.98M
Gross Margin
34.67%33.83%33.75%35.49%35.47%35.46%
Operating Income
189.61M259.76M259.43M247.24M272.89M300.12M
Net Income
153.86M187.33M193.27M180.31M147.09M201.95M
EPS
----4.144.78
EPS Growth
----5.65%15.46%
Forward PE
28.9819.1722.6723.5320.6420.55
Dividend / Share
0.700.780.901.001.061.17
Dividend Growth
12.90%11.43%15.38%11.11%6.00%10.38%
Free Cash Flow
----193.54M223.20M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.3B
Avg2.3B
Low2.3B

Revenue Growth

Revenue Growth202620272028
High
8.9%
Avg
8.4%
Low
7.9%

EPS Forecast

EPS202620272028
High4.81
Avg4.78
Low4.75

EPS Growth

EPS Growth202620272028
High
16.2%
Avg
15.5%
Low
14.7%