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 $113.25. The average 1-year stock price forecast is 7.76% higher than the current stock price, while the lowest is $100 (-4.85%) and the highest is $120 (+14.18%).

Price Target: $113.25 (+7.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$100	$113.25	$116.5	$120
Change	-4.85%	+7.76%	+10.85%	+14.18%

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

Rating	Oct '25	Jan '26	Feb '26	Mar '26	Apr '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Summerville D.A. Davidson	D.A. Davidson	Hold Maintains $100	Hold	Maintains	$100	-4.85%	Jun 16, 2026
Michael Halloran Robert W. Baird	Robert W. Baird	Hold Maintains $112 → $118	Hold	Maintains	$112 → $118	+12.28%	Apr 29, 2026
Unknown Analyst Oppenheimer No rating	Oppenheimer	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jan 27, 2026

Financial Forecast

Revenue This Year

2.23B

from 2.13B

4.60%

from 2.13B

Revenue Next Year

2.33B

from 2.23B

4.42%

from 2.23B

EPS This Year

4.59

from 4.14

10.75%

from 4.14

EPS Next Year

5.08

from 4.59

10.80%

from 4.59

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.66B	2.04B	2.07B	2.02B	2.13B	2.23B
Revenue Growth	33.23%	22.98%	1.05%	-2.12%	5.44%	4.60%
Gross Profit	576.09M	691.44M	697.01M	717.28M	755.93M	786.47M
Gross Margin	34.67%	33.83%	33.75%	35.49%	35.47%	35.28%
Operating Income	189.61M	259.76M	259.43M	247.24M	272.89M	285.60M
Net Income	153.86M	187.33M	193.27M	180.31M	147.09M	202.32M
EPS	-	-	-	-	4.14	4.59
EPS Growth	-	-	-	-	5.65%	10.75%
Forward PE	28.98	19.17	22.67	23.53	20.64	22.92
Dividend / Share	0.70	0.78	0.90	1.00	1.06	1.17
Dividend Growth	-	11.43%	15.38%	11.11%	6.00%	10.38%
Free Cash Flow	38.45M	26.74M	213.54M	241.88M	74.00M	212.75M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027
High	2.2B
Avg	2.2B
Low	2.2B

Revenue Growth

Revenue Growth	2026	2027
High	5.1%
Avg	4.6%
Low	4.2%

EPS Forecast

EPS	2026	2027
High	4.60
Avg	4.59
Low	4.55

EPS Growth

EPS Growth	2026	2027
High	11.1%
Avg	10.7%
Low	9.9%