Federal Signal Corporation (FSS) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$120.46
Price Target
$140.00
Target Range
$140.00 — $140.00
Analyst Rating
Buy
Forward P/E25.2x
Trailing P/E30.0x
Forward PEG1.21
Implied Growth+8.7%
Median Target$140.00
Analyst Spread0.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$140
+16.2%
Consensus
$140
+16.2%
Bull Case
$140
+16.2%
Valuation Model TargetsConfidence: 72/100
Bear$77
Base$182
Bull$222
FSS Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Federal Signal Corporation (FSS) has a Wall Street consensus price target of $140.00, based on estimates from 11 covering analysts. With the stock currently trading at $120.46, this represents a potential upside of +16.2%. The company has a market capitalization of $7.35B.
Analyst price targets range from a low of $140.00 to a high of $140.00, representing a 0% spread in expectations. The median target of $140.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, FSS trades at a trailing P/E of 30.0x and forward P/E of 25.2x. The forward PEG ratio of 1.21 indicates reasonable valuation for growth. Analysts expect EPS to grow +8.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $181.51, with bear and bull scenarios of $76.66 and $222.17 respectively. Model confidence stands at 72/100, indicating high predictability in the company's fundamentals.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-2.0%
Avg Forward P/E21.1x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ASTEAstec Industries, Inc. | $1.2B | $53.00 | $36.00 | -32.1% | Buy | 14.2x | 12 |
 HLIOHelios Technologies, Inc. | $2.3B | $67.99 | $77.00 | +13.3% | Buy | 26.9x | 12 |
 FELEFranklin Electric Co., Inc. | $4.4B | $99.94 | $100.00 | +0.1% | Hold | 21.8x | 11 |
 MIDDThe Middleby Corporation | $7.4B | $158.23 | $176.67 | +11.7% | Buy | 17.0x | 20 |
 OSKOshkosh Corporation | $9.7B | $153.36 | $168.00 | +9.5% | Buy | 13.7x | 37 |
 ELPCCompanhia Paranaense de Energia | $2.3B | $12.32 | $10.40 | -15.6% | — | 3.1x | — |
 ALRMAlarm.com Holdings, Inc. | $2.3B | $47.00 | $50.00 | +6.4% | Buy | 16.9x | 19 |
 DGIIDigi International Inc. | $2.3B | $62.03 | $50.33 | -18.9% | Buy | 26.9x | 18 |
 CATCaterpillar Inc. | $416.8B | $895.69 | $824.80 | -7.9% | Buy | 38.8x | 53 |
 VMCVulcan Materials Company | $37.5B | $288.93 | $327.00 | +13.2% | Buy | 31.4x | 36 |
Upside Potential Comparison
HLIOVMCMIDDOSKALRMFELECATELPCSee FSS's True Return
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Start ComparisonFSS — Frequently Asked Questions
Quick answers to the most common questions about buying FSS stock.
What is the FSS stock price target for 2026?
Federal Signal Corporation (FSS) has a consensus 12-month price target of $140, implying 16.2% upside from $120.46. The 11 analysts covering FSS see moderate appreciation potential.
Is FSS a buy, sell, or hold?
FSS has a consensus rating of "Buy" based on 11 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $140 implies 16.2% upside from current levels.
Is FSS stock overvalued or undervalued?
FSS trades at a forward P/E of 25.1708x, representing a moderate valuation. With analysts targeting $140 (16.2% implied move), the stock appears reasonably valued with upside.
How high can FSS stock go?
The most bullish Wall Street analyst has a price target of $140 for FSS, while the most conservative target is $140. The consensus of $140 represents the median expectation. Our quantitative valuation model projects a bull case target of $222 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FSS stock?
FSS is moderately covered, with 11 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FSS stock forecast?
The 12-month FSS stock forecast based on 11 Wall Street analysts shows a consensus price target of $140, with estimates ranging from $140 (bear case) to $140 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $182, with bear/bull scenarios of $77/$222.
What is FSS's fair value based on fundamentals?
Our quantitative valuation model calculates FSS's fair value at $182 (base case), with a bear case of $77 and bull case of $222. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 72/100.
What is FSS's forward P/E ratio?
FSS trades at a forward P/E ratio of 25.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 30.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FSS stock?
Wall Street analysts are optimistic on FSS, with a "Buy" consensus rating and $140 price target (16.2% upside). 6 of 11 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FSS price targets vary so much?
FSS analyst price targets range from $140 to $140, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $140 consensus represents the middle ground. Our model's $77-$222 range provides an independent fundamental perspective.