Fortive Corporation (FTV)
NYSE: FTV · Real-Time Price · USD
74.82
-0.79 (-1.04%)
Nov 15, 2024, 4:00 PM EST - Market closed
Fortive Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Fortive stock have an average target of 87.82, with a low estimate of 77 and a high estimate of 98. The average target predicts an increase of 17.38% from the current stock price of 74.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Fortive stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 4 | 3 | 3 |
| Buy | 2 | 2 | 2 | 4 | 5 | 5 |
| Hold | 6 | 6 | 6 | 6 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 14 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $84 | Hold | Initiates | $84 | +12.27% | Nov 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $90 → $89 | Strong Buy | Maintains | $90 → $89 | +18.95% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $82 → $77 | Hold | Maintains | $82 → $77 | +2.91% | Oct 31, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $85 → $77 | Hold | Maintains | $85 → $77 | +2.91% | Oct 31, 2024 |
| Barclays | Barclays | Buy Maintains $98 → $95 | Buy | Maintains | $98 → $95 | +26.97% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
6.32B
from 6.07B
Increased by 4.22%
Revenue Next Year
6.62B
from 6.32B
Increased by 4.65%
EPS This Year
3.88
from 2.43
Increased by 59.85%
EPS Next Year
4.21
from 3.88
Increased by 8.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7B | 7.1B | 7.7B | ||
| Avg | 6.3B | 6.6B | 7.0B | ||
| Low | 6.1B | 6.3B | 6.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.7% | 12.4% | 17.1% | ||
| Avg | 4.2% | 4.7% | 5.3% | ||
| Low | 0.7% | -0.1% | 0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.06 | 4.46 | 4.99 | ||
| Avg | 3.88 | 4.21 | 4.62 | ||
| Low | 3.73 | 4.02 | 4.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 67.2% | 14.9% | 18.4% | ||
| Avg | 59.8% | 8.5% | 9.7% | ||
| Low | 53.7% | 3.4% | 3.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.