Fox Factory Holding Corp. (NASDAQ:FOXF) is considered among the cheap stocks to buy for the next 5 years. Stifel analyst lowered the price target to $33 from $36 ahead of Q3 2025 report. Q2 2025 saw net sales of $375 million, but net income dropped to $2.7 million.

The company faces significant headwinds from tariffs, increasing costs by $50 million. Mitigation strategies include supply chain optimization and relocating manufacturing processes. FOXF designs, engineers, and markets performance-defining products worldwide.

While FOXF shows investment potential, other AI stocks may offer greater upside potential. An undervalued AI stock may benefit from Trump-era tariffs and onshoring trend. For more information on short-term AI stocks, see the free report.

Read more at Yahoo Finance: Stifel Lowers Fox Factory (FOXF) PT to $33 Amid Lowered Q3 2025 Estimates