Fossil Group (NASDAQ:FOSL – Get Free Report) had its target price hoisted by investment analysts at Maxim Group from $5.00 to $7.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the accessories brand company’s stock. Maxim Group’s target price would suggest a potential upside of 46.75% from the stock’s previous close.
Several other analysts have also recently weighed in on the stock. Northland Securities began coverage on shares of Fossil Group in a research note on Thursday, February 19th. They issued an “outperform” rating and a $7.00 price target for the company. Zacks Research upgraded Fossil Group to a “hold” rating in a research report on Friday, February 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Fossil Group in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $7.00.
Read Our Latest Research Report on Fossil Group
Fossil Group Stock Performance
Fossil Group (NASDAQ:FOSL – Get Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The accessories brand company reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.17). The firm had revenue of $280.52 million during the quarter, compared to analyst estimates of $249.28 million. Fossil Group had a negative net margin of 7.81% and a negative return on equity of 43.68%.
Hedge Funds Weigh In On Fossil Group
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wexford Capital LP acquired a new stake in Fossil Group during the 3rd quarter worth approximately $28,000. EHP Funds Inc. acquired a new position in shares of Fossil Group in the third quarter valued at approximately $28,000. Carrera Capital Advisors purchased a new stake in shares of Fossil Group during the fourth quarter worth approximately $38,000. Qube Research & Technologies Ltd purchased a new stake in shares of Fossil Group during the third quarter worth approximately $39,000. Finally, Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Fossil Group during the third quarter worth $45,000. Hedge funds and other institutional investors own 61.14% of the company’s stock.
Fossil Group News Roundup
Here are the key news stories impacting Fossil Group this week:
- Positive Sentiment: Analysts raised medium‑term earnings and target price — Northland increased several FY2027 and quarterly EPS forecasts and kept an “Outperform” view with a $7 target, signaling confidence in the turnaround. Read More.
- Positive Sentiment: Another shop raised its target — Maxim Group bumped its price target to $7 and carries a “buy” rating, which supports upside expectations. Read More.
- Positive Sentiment: Company raised revenue guidance / set higher 2026 sales target — management outlined roughly $945M–$965M in 2026 sales targets, implying top‑line recovery that can underpin margin improvement if execution continues. Read More.
- Neutral Sentiment: Unrelated “fossil” headline circulating — a paleontology story about a dinosaur fossil is trending but has no relevance to Fossil Group’s business or stock fundamentals. Read More.
- Negative Sentiment: Q4 results: revenue beat but EPS missed and margins are under pressure — Q4 revenue topped estimates ($280.5M) but the company reported a loss per share and negative net margin, raising near‑term profitability concerns. Read More.
- Negative Sentiment: Cash flow and balance‑sheet notes — operating cash flow weakened and cash declined year‑over‑year in Q4, which increases sensitivity to working capital and inventory execution. Read More.
- Negative Sentiment: Some near‑term estimate cuts — Northland trimmed Q2 estimates (and other short‑run quarters show mixed changes), indicating uneven recovery timing and potential volatility in upcoming quarters. Read More.
About Fossil Group
Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.
The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.
Further Reading
- Five stocks we like better than Fossil Group
- A personal warning from Martin Weiss (Please read)
- SpaceX IPO Confirmed: Claim Your Stake Today
- This coin has everything going for it
- Only 500 people today…
- The gold chart Wall Street is terrified of…
Receive News & Ratings for Fossil Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fossil Group and related companies with MarketBeat.com's FREE daily email newsletter.
