Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
105.23
-0.71 (-0.67%)
Aug 14, 2026, 2:08 PM EDT - Market open

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 $118.5. The average 1-year stock price forecast is 12.61% higher than the current stock price, while the lowest is $105 (-0.22%) and the highest is $125 (+18.79%).

Price Target: $118.5 (+12.61%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$105$118.5$122$125
Change-0.22%+12.61%+15.94%+18.79%

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
RatingJan '26Feb '26Mar '26Apr '26Jun '26Jul '26
Strong Buy222222
Buy000000
Hold333333
Sell000000
Strong Sell000000
Total555555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
D.A. Davidson
D.A. Davidson
Hold
Maintains
$100$105
HoldMaintains$100$105-0.22%Jul 29, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$118$124
HoldMaintains$118$124+17.84%Jul 29, 2026

Financial Forecast

Revenue This Year
2.26B
from 2.13B
Increased by 6.12%
Revenue Next Year
2.37B
from 2.26B
Increased by 4.81%
EPS This Year
4.65
from 4.14
Increased by 12.32%
EPS Next Year
5.16
from 4.65
Increased by 11.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.66B2.04B2.07B2.02B2.13B2.26B
Revenue Growth
33.23%22.98%1.05%-2.12%5.44%6.12%
Gross Profit
576.09M691.44M697.01M717.28M755.93M799.47M
Gross Margin
34.67%33.83%33.75%35.49%35.47%35.35%
Operating Income
189.61M259.76M259.43M247.24M272.89M294.50M
Net Income
153.86M187.33M193.27M180.31M147.09M206.65M
EPS
----4.144.65
EPS Growth
----5.65%12.32%
Forward PE
28.9819.1722.6723.5320.6422.63
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
38.45M26.74M213.54M241.88M74.00M227.75M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High2.3B
Avg2.3B
Low2.2B

Revenue Growth

Revenue Growth20262027
High
7.3%
Avg
6.1%
Low
4.3%

EPS Forecast

EPS20262027
High4.70
Avg4.65
Low4.60

EPS Growth

EPS Growth20262027
High
13.5%
Avg
12.3%
Low
11.1%