Fortive (FTV) Stock Forecast & Price Target

$75.71 -1.14 (-1.48%)

(As of 12/17/2024 ET)

Fortive - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
7

Buy
7

Based on 14 Wall Street analysts who have issued ratings for Fortive in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 7 have given a hold rating, and 7 have given a buy rating for FTV.

Consensus Price Target

$86.73
14.55% Upside

According to the 14 analysts' twelve-month price targets for Fortive, the average price target is $86.73. The highest price target for FTV is $95.00, while the lowest price target for FTV is $77.00. The average price target represents a forecasted upside of 14.55% from the current price of $75.71.

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FTV Analyst Ratings Over Time

Type	Current Forecast 12/19/23 to 12/18/24	1 Month Ago 11/19/23 to 11/18/24	3 Months Ago 9/20/23 to 9/19/24	1 Year Ago 12/19/22 to 12/19/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$86.73	$87.82	$86.23	$79.15
Forecasted Upside	14.55% Upside	17.70% Upside	11.57% Upside	8.74% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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FTV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FTV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Fortive Stock vs. The Competition

Type	Fortive	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.50	2.68	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.55% Upside	266.14% Upside	12.02% Upside
News Sentiment Rating	Positive News See Recent FTV News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/9/2024	Citigroup 3 of 5 stars	A. Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$92.00 ➝ $86.00	+9.01%
11/18/2024	Argus 2 of 5 stars	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold
11/13/2024	UBS Group 4 of 5 stars	A. Mehrotra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$84.00	+11.93%
11/1/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$90.00 ➝ $89.00	+23.83%
10/31/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$82.00 ➝ $77.00	+7.80%
10/31/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$85.00 ➝ $77.00	+7.90%
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10/31/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$98.00 ➝ $95.00	+33.02%
10/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$90.00 ➝ $92.00	+19.79%
9/6/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$89.00	+22.25%
9/6/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Coe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
9/6/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Linzey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$80.00 ➝ $90.00	+23.63%
9/5/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Gesuale Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$85.00	+17.35%
7/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Giordano Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$75.00 ➝ $90.00	+24.29%
1/2/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/26/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$70.00	+8.36%
10/5/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$91.00	+23.07%
8/7/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Graham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
7/27/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$82.00 ➝ $85.00	+10.76%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:07 AM ET.

Should I Buy Fortive Stock? FTV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these Fortive pros and cons to contact@marketbeat.com.

Fortive
Bull Case

Here are some ways that investors could benefit from investing in Fortive Co.:

Fortive Co. recently reported earnings of $0.97 per share, exceeding analysts' expectations of $0.93, indicating strong financial performance and effective management.
The company has shown a year-over-year revenue increase of 2.7%, demonstrating its ability to grow even in a competitive market.
With a current stock price of $79.33, Fortive Co. is positioned within its 52-week range, suggesting potential for appreciation as it approaches its 52-week high of $87.10.
Fortive Co. maintains a healthy debt-to-equity ratio of 0.33, indicating a lower level of debt relative to equity, which can be a sign of financial stability and lower risk for investors.
The company has a dividend yield of 0.42% with a low payout ratio of 12.75%, suggesting that it has room to increase dividends in the future, which can attract income-focused investors.

Fortive
Bear Case

Investors should be bearish about investing in Fortive Co. for these reasons:

Fortive Co.'s revenue for the latest quarter was $1.53 billion, slightly below the analyst estimate of $1.55 billion, which may raise concerns about its growth trajectory.
The company's quick ratio is 0.99, which is below 1, indicating that it may struggle to meet short-term liabilities without selling inventory, potentially signaling liquidity issues.
Despite a positive earnings report, the stock has not shown significant upward momentum, trading at $79.33, which may suggest market skepticism about its future growth prospects.
Fortive Co. has a price-to-earnings (P/E) ratio of 31.61, which is relatively high, indicating that the stock may be overvalued compared to its earnings, potentially deterring value investors.
With 94.94% of the stock owned by hedge funds and institutional investors, there may be less room for retail investors to influence the stock price, which could limit individual investor engagement.

FTV Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortive is $86.73, with a high forecast of $95.00 and a low forecast of $77.00.
: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last twelve months. There are currently 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FTV shares.
: According to analysts, Fortive's stock has a predicted upside of 14.55% based on their 12-month stock forecasts.
: Over the previous 90 days, Fortive's stock had 1 upgrade and 1 downgrade by analysts.
: Fortive has been rated by research analysts at Argus, Barclays, Citigroup, JPMorgan Chase & Co., Royal Bank of Canada, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Fortive less than other "computer and technology" companies. The consensus rating score for Fortive is 2.50 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how FTV compares to other companies.

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This page (NYSE:FTV) was last updated on 12/18/2024 by MarketBeat.com Staff

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Fortive (FTV) Stock Forecast & Price Target