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Fox Factory Holding Expands Board, Appoints New Director

Story Highlights
  • Fox Factory expanded its board on March 25, 2026, appointing Douglas J. Grimm as a Class I director.
  • Grimm joined the Audit and Transformation Committees and will receive standard, pro-rated director compensation and protections.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fox Factory Holding Expands Board, Appoints New Director

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Fox Factory Holding ( (FOXF) ) has provided an update.

On March 25, 2026, Fox Factory Holding Corp., under a previously announced cooperation agreement with Engine Capital L.P. and its affiliates dated February 8, 2026, expanded its board of directors from eight to nine members and appointed Douglas J. Grimm as a Class I director, with his initial term running until the company’s 2026 annual meeting of stockholders. The board also placed Grimm on its Audit Committee and Transformation Committee, confirmed that there are no related-party transactions requiring disclosure, and stated he will receive pro-rated compensation, equity awards, and standard protections consistent with other non-employee directors, with a plan to nominate him for a full term through the 2029 annual meeting.

The most recent analyst rating on (FOXF) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Fox Factory Holding stock, see the FOXF Stock Forecast page.

Spark’s Take on FOXF Stock

According to Spark, TipRanks’ AI Analyst, FOXF is a Neutral.

The score is held down primarily by deteriorated financial performance (large recent loss and weaker free cash flow) and a clearly bearish technical trend (price below key moving averages with negative MACD). Guidance and governance initiatives provide some support via targeted cost savings and expected margin improvement, but near-term revenue headwinds and loss-making results keep the overall profile below average.

To see Spark’s full report on FOXF stock, click here.

More about Fox Factory Holding

Fox Factory Holding Corp. operates in the specialty manufacturing sector, best known for designing and producing performance-defining suspension products and related components for bicycles, off-road vehicles, trucks, and other powered vehicles, serving both OEMs and aftermarket customers in powersports, automotive, and recreational markets.

Average Trading Volume: 678,030

Technical Sentiment Signal: Sell

Current Market Cap: $742.4M

See more insights into FOXF stock on TipRanks’ Stock Analysis page.

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