Bullish Case: Fox Factory's resilience in innovative product offerings and strong cash flow can leverage rebound in consumer spending, potentially restoring investor confidence and driving the stock upward.


Bearish Case: With significant insider selling, ongoing legal issues, and deteriorating earnings against market expectations, investor sentiment is likely bearish, suggesting further downside.


Potential Outcomes:

1. 60% - Continued sell-off driven by negative sentiment.

2. 30% - Stabilization if legal matters resolve favorably.

3. 10% - Surprise rebound on unexpected positive developments.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 24, 2024


Fox Factory Forecast

FOXF        Fox Factory
Price Forecast: BEARISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with FOXF



NVST Forecast + Options Trading Strategies   NVST  Envista (0.92)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.91)


MLCO Forecast + Options Trading Strategies   MLCO  Melco Resorts & Entertainment (0.91)


GPRE Forecast + Options Trading Strategies   GPRE  Green Plains (0.89)


QCLN Forecast + Options Trading Strategies   QCLN  First Trust Nasdaq Clean Edge Green Energy Index (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to FOXF



HSBC Forecast + Options Trading Strategies   HSBC  HSBC (0.0)


GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (0.0)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.0)


SMAR Forecast + Options Trading Strategies   SMAR  Smartsheet (0.0)


SANM Forecast + Options Trading Strategies   SANM  Sanmina (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FOXF



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.85)


NTNX Forecast + Options Trading Strategies   NTNX  Nutanix (-0.85)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.85)


CRNX Forecast + Options Trading Strategies   CRNX  Crinetics Pharmaceuticals (-0.88)


GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with FOXF


 Ask any question about FOXF!