Independent research · Founded 2020

Fox Advisors

foxadvisorsllc.com

Fox Advisors is a U.S. independent equity research firm founded by analyst Steven Fox, covering electronics supply chains, automotive technologies and storage. It is not a registered broker-dealer or investment adviser.

Activity24M

RatingsPrice targets
Oct 2024 · Ratings 1 · Price targets 0Nov 2024 · Ratings 0 · Price targets 1Dec 2024 · Ratings 0 · Price targets 0Jan 2025 · Ratings 0 · Price targets 0Feb 2025 · Ratings 0 · Price targets 0Mar 2025 · Ratings 0 · Price targets 1Apr 2025 · Ratings 0 · Price targets 1May 2025 · Ratings 0 · Price targets 0Jun 2025 · Ratings 0 · Price targets 0Jul 2025 · Ratings 0 · Price targets 0Aug 2025 · Ratings 0 · Price targets 0Sep 2025 · Ratings 0 · Price targets 0Oct 2025 · Ratings 0 · Price targets 2Nov 2025 · Ratings 0 · Price targets 0Dec 2025 · Ratings 0 · Price targets 0Jan 2026 · Ratings 0 · Price targets 0Feb 2026 · Ratings 0 · Price targets 0Mar 2026 · Ratings 0 · Price targets 0Apr 2026 · Ratings 0 · Price targets 0May 2026 · Ratings 0 · Price targets 0Jun 2026 · Ratings 2 · Price targets 3Jul 2026 · Ratings 0 · Price targets 1Aug 2026 · Ratings 3 · Price targets 1Sep 2026 · Ratings 2 · Price targets 2
Oct '24Apr '25Oct '25Apr '26Sep '26

Key figures

Stocks covered
1112M
Actions
1612M
Ratings / Price targets
7 / 9
Upgrades / Downgrades
3 / 4
Buy-rated
43%of 7 rated
Median upside
+32.7%
Targets raised / lowered
3 / 4
On record
Aug 2021 – Sep 2026

Overview

Fox Advisors covers electronic components, manufacturing services, automotive technology, transportation-as-a-service networks and storage hardware. Its analysts use bottom-up supply-chain analysis, research at trade shows and alternative data.

Steven Fox, a sell-side technology analyst with about 25 years at firms including Merrill Lynch, CLSA and Cross Research, launched Fox Advisors in April 2020. The same month it joined Analyst Hub, a platform that gives independent analysts sales, marketing and back-office infrastructure. It continues to distribute its research through Analyst Hub.

Milestones

  1. 2020

    Founded by technology analyst Steven Fox

    Joins Analyst Hub independent research platform

Firm facts

Legal name
Fox Advisors, LLC
Type
Independent research
Founded
2020
Founder and CEO
Steven B. Fox
Rating scale
OutperformEqual-WeightUnderperform12 months

Research philosophy

At Fox Advisors, we pride ourselves in the fact that we always make opinionated, fact-based recommendations.
Fox Advisors

Fox Advisors seeks to understand emerging and established long-term trends in the sectors it covers. Analyst Hub's 2020 announcement said the firm also examines companies with limited analyst coverage whose influence extends across their industries, and considers regulatory and legislative developments. In 2025, the firm reaffirmed its focus on detailed company analysis amid broader economic and market uncertainty.

Rating methodology

Over a 12-month horizon, Outperform indicates an expected price gain of at least 15%, Equal-Weight a gain or loss of less than 15%, and Underperform a decline of at least 15%.

OutperformEqual-WeightUnderperform12 months

Coverage12M

Sectors

Stocks11

Ratings

  • Equal-Weight57%
  • Outperform43%

Listing

  • United States64%
  • Singapore9%
  • Switzerland9%
  • Cayman Islands9%
  • Ireland9%

Most covered24M

StockRatingTargetActionsLast action
Fox CorporationFOXA—$955Sep 14
Aptiv PLCAPTVEqual-Weight—2Aug 5
Fox CorporationFOX—$952Sep 14
Fox Factory Holding Corp.FOXF—$202Jun 30
Roku, Inc.ROKU—$1572Jul 17
Broadcom Inc.AVGOOutperform—1Sep 3
Dell Technologies Inc.DELLOutperform—1Sep 2
FabrinetFNOutperform—1Aug 19
Paramount Skydance Corporation Class B Common StockPSKY—$121Apr 2
Seagate Technology Holdings plcSTXEqual-Weight—1Jun 22

Most active analysts

  • Andrew Beale2 notesFOXAFOX
  • David Karnovsky1 notesFOXA
  • Jason Bazinet1 notesFOXA

Recent actions

DateStockRating actionRatingTargetAnalyst
Sep 14Fox CorporationFOXATarget$82 →$95
Sep 14Fox CorporationFOXTarget$97 →$95
Sep 3Broadcom Inc.AVGOUpgradeOutperform
Sep 2Dell Technologies Inc.DELLUpgradeEqual-Weight →Outperform
Aug 19FabrinetFNUpgradeEqual-Weight →Outperform
Aug 14Fox CorporationFOXATarget$97 →$82David Karnovsky
Aug 5Versigent PLCVGNTDowngradeEqual-Weight
Aug 5Aptiv PLCAPTVDowngradeOutperform →Equal-Weight
Jul 17Roku, Inc.ROKUTarget$160 →$157
Jun 30Fox Factory Holding Corp.FOXFTarget$24 →$20
Jun 30Fox Factory Holding Corp.FOXFTarget$24
Jun 22Western Digital CorporationWDCDowngradeOverweight →Equal-Weight

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