Fossil Group (NASDAQ:FOSL – Free Report) had its price target lifted by Maxim Group from $5.00 to $7.00 in a report published on Thursday,Benzinga reports. Maxim Group currently has a buy rating on the accessories brand company’s stock.
Other analysts have also issued research reports about the stock. Zacks Research upgraded shares of Fossil Group to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a research report on Thursday, January 22nd. Finally, Northland Securities assumed coverage on Fossil Group in a research note on Thursday, February 19th. They set an “outperform” rating and a $7.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $7.00.
Get Our Latest Stock Report on Fossil Group
Fossil Group Stock Down 0.6%
Fossil Group (NASDAQ:FOSL – Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The accessories brand company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.17). Fossil Group had a negative return on equity of 43.68% and a negative net margin of 7.81%.The firm had revenue of $280.52 million for the quarter, compared to analyst estimates of $249.28 million.
Institutional Investors Weigh In On Fossil Group
A number of hedge funds have recently made changes to their positions in FOSL. Goldman Sachs Group Inc. increased its position in Fossil Group by 43.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 144,375 shares of the accessories brand company’s stock worth $166,000 after purchasing an additional 43,849 shares in the last quarter. Jane Street Group LLC lifted its stake in Fossil Group by 93.1% in the 1st quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company’s stock valued at $49,000 after purchasing an additional 20,530 shares during the last quarter. Acadian Asset Management LLC boosted its position in Fossil Group by 154.1% in the first quarter. Acadian Asset Management LLC now owns 459,023 shares of the accessories brand company’s stock valued at $527,000 after buying an additional 278,391 shares in the last quarter. XTX Topco Ltd acquired a new stake in Fossil Group in the second quarter valued at approximately $122,000. Finally, Nantahala Capital Management LLC grew its stake in shares of Fossil Group by 21.5% during the second quarter. Nantahala Capital Management LLC now owns 5,087,803 shares of the accessories brand company’s stock worth $7,530,000 after buying an additional 898,626 shares during the last quarter. 61.14% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Fossil Group
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.
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