Fortive Corporation (FTV)

Fortive Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Fortive stock have an average target of 86.82, with a low estimate of 77 and a high estimate of 95. The average target predicts an increase of 15.76% from the current stock price of 75.00.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$77	$86.82	$89	$95
Change	+2.67%	+15.76%	+18.67%	+26.67%

Analyst Ratings

The average analyst rating for Fortive stock from 14 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	4	3	3	2
Buy	2	2	4	5	5	5
Hold	6	6	6	4	6	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	12	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jamie Cook Truist Securities	Truist Securities	Strong Buy Maintains $89 → $90	Strong Buy	Maintains	$89 → $90	+20.00%	Dec 19, 2024
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy → Hold Downgrades $92 → $86	Strong Buy → Hold	Downgrades	$92 → $86	+14.67%	Dec 9, 2024
John Eade Argus Research	Argus Research	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 18, 2024
Shannon O'Callaghan UBS	UBS	Hold Initiates $84	Hold	Initiates	$84	+12.00%	Nov 13, 2024
Jamie Cook Truist Securities	Truist Securities	Strong Buy Maintains $90 → $89	Strong Buy	Maintains	$90 → $89	+18.67%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.31B

Increased by 4.10%

from 6.07B

Revenue Next Year

6.60B

Increased by 4.45%

from 6.31B

EPS This Year

3.89

Increased by 59.95%

from 2.43

EPS Next Year

4.20

Increased by 8.06%

from 3.89

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.56B	4.63B	5.25B	5.83B	6.07B	6.31B	6.60B	6.95B
Revenue Growth	20.09%	1.54%	13.38%	10.87%	4.11%	4.10%	4.45%	5.32%
EPS	1.97	4.49	1.63	2.10	2.43	3.89	4.20	4.59
EPS Growth	-75.95%	127.57%	-63.65%	28.44%	15.82%	59.95%	8.06%	9.29%
Forward PE	-	-	-	-	-	19.30	17.86	16.34
No. Analysts	-	-	-	-	-	22	22	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	6.7B	7.1B	7.7B
Avg	6.3B	6.6B	6.9B
Low	6.1B	6.3B	6.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.7%	12.5%	17.4%
Avg	4.1%	4.5%	5.3%
Low	0.5%	-0.8%	-0.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.06	4.46	4.99
Avg	3.89	4.20	4.59
Low	3.75	3.98	4.27

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	67.2%	14.8%	18.7%
Avg	60.0%	8.1%	9.3%
Low	54.5%	2.4%	1.7%

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.