Analyst Tom Forte of Maxim Group reiterated a Buy rating on Fossil Group, retaining the price target of $5.00.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Tom Forte’s rating is based on Fossil Group’s recent financial performance and strategic initiatives that suggest a positive outlook. The company reported second-quarter 2025 results that exceeded expectations, with both revenue and profit margins showing improvement. This performance was bolstered by a significant expansion in gross margin and a notable reduction in operating expenses, indicating effective cost management and operational efficiency.
Additionally, Fossil Group has slightly raised its guidance for 2025, reflecting confidence in its ongoing turnaround strategy. The company’s efforts to streamline operations, including store closures and a focus on sustainable profitability, have contributed to a healthier financial position. With these factors in mind, Forte reiterates a Buy rating, supported by a price target that suggests potential upside compared to current trading levels.
FOSL’s price has also changed moderately for the past six months – from $1.730 to $2.350, which is a 35.84% increase.