Fortrea (FTRE) Stock Forecast, Price Target & Predictions


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FTRE Stock Forecast


Fortrea (FTRE) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $12.00, with a high of $12.00 and a low of $12.00. This represents a 126.84% increase from the last price of $5.29.

$5 $13 $21 $29 $37 $45 High: $12 Avg: $12 Low: $12 Last Closed Price: $5.29

FTRE Stock Rating


Fortrea stock's rating consensus is Hold, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 8 Hold (88.89%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).

Hold
Total 9 0 1 8 Strong Sell Sell Hold Buy Strong Buy

FTRE Price Target Upside V Benchmarks


TypeNameUpside
StockFortrea126.84%
SectorHealthcare Stocks 35.25%
IndustryBiotech Stocks 86.56%

Price Target Trends


1M3M12M
# Anlaysts-210
Avg Price Target-$12.00$25.35
Last Closing Price$5.29$5.29$5.29
Upside/Downside-126.84%379.21%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-110-112
Mar, 251110-113
Feb, 251-10-112
Jan, 251-10-112
Dec, 241210-114
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 04, 2025Robert W. Baird$12.00$10.969.49%126.84%
Mar 04, 2025Barclays$12.00$10.969.49%126.84%
Nov 08, 2024Luke SergottBarclays$25.00$17.0146.97%372.59%
Aug 13, 2024Elizabeth AndersonEvercore ISI$22.00$20.049.78%315.88%
Aug 08, 2024Elizabeth AndersonEvercore ISI$27.00$24.579.89%410.40%
Jun 06, 2024Matthew SykesGoldman Sachs$28.00$27.352.38%429.30%
May 28, 2024Ann HynesMizuho Securities$27.00$25.555.68%410.40%
May 23, 2024Justin BowersDeutsche Bank$28.00$26.057.49%429.30%
May 20, 2024David WindleyJefferies$36.50$27.5532.49%589.98%
May 14, 2024Eric ColdwellRobert W. Baird$36.00$28.1128.07%580.53%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Dec 11, 2024CitigroupBuyNeutraldowngrade
Nov 11, 2024Cowen & Co.HoldHoldhold
Sep 25, 2024JefferiesBuyHolddowngrade
Jun 06, 2024Goldman SachsNeutralinitialise
May 29, 2024Cowen & Co.Holdinitialise
May 23, 2024Deutsche BankHoldHoldhold
May 20, 2024JefferiesBuyBuyhold
May 14, 2024Bank of America SecuritiesUnderperformUnderperformhold
Dec 11, 2023CitigroupBuyupgrade
Dec 01, 2023Evercore ISIOutperformupgrade

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.04$-3.67----
Avg Forecast$1.44$0.51$1.29$1.72$2.30$2.96
High Forecast$1.47$0.55$1.52$2.09$2.41$3.06
Low Forecast$1.40$0.46$1.10$1.46$2.20$2.92
Surprise %-102.78%-819.61%----

Revenue Forecast

$3B $3B $3B $3B $3B $3B Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.11B$2.70B----
Avg Forecast$3.11B$2.70B$2.73B$2.85B$2.97B$3.19B
High Forecast$3.12B$2.78B$2.78B$2.86B$3.01B$3.27B
Low Forecast$3.08B$2.67B$2.71B$2.84B$2.94B$3.15B
Surprise %-0.12%-0.23%----

Net Income Forecast

$-350M $-220M $-90M $40M $170M $300M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-3.40M$-328.50M----
Avg Forecast$127.73M$45.08M$116.21M$157.70M$204.37M$262.85M
High Forecast$130.84M$49.10M$134.61M$185.86M$213.61M$272.12M
Low Forecast$124.61M$41.06M$97.82M$129.54M$195.13M$258.96M
Surprise %-102.66%-828.71%----

FTRE Forecast FAQ


Is Fortrea stock a buy?

Fortrea stock has a consensus rating of Hold, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 8 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Fortrea is a neutral investment for most analysts.

What is Fortrea's price target?

Fortrea's price target, set by 9 Wall Street analysts, averages $12 over the next 12 months. The price target range spans from $12 at the low end to $12 at the high end, suggesting a potential 126.84% change from the previous closing price of $5.29.

How does Fortrea stock forecast compare to its benchmarks?

Fortrea's stock forecast shows a 126.84% upside, outperforming the average forecast for the healthcare stocks sector (35.25%) and outperforming the biotech stocks industry (86.56%).

What is the breakdown of analyst ratings for Fortrea over the past three months?

  • April 2025: 0% Strong Buy, 8.33% Buy, 83.33% Hold, 0% Sell, 8.33% Strong Sell.
  • March 2025: 7.69% Strong Buy, 7.69% Buy, 76.92% Hold, 0% Sell, 7.69% Strong Sell.
  • February 2025: 8.33% Strong Buy, 0% Buy, 83.33% Hold, 0% Sell, 8.33% Strong Sell.

What is Fortrea’s EPS forecast?

Fortrea's average annual EPS forecast for its fiscal year ending in December 2025 is $1.29, marking a -135.15% decrease from the reported $-3.67 in 2024. Estimates for the following years are $1.72 in 2026, $2.3 in 2027, and $2.96 in 2028.

What is Fortrea’s revenue forecast?

Fortrea's average annual revenue forecast for its fiscal year ending in December 2025 is $2.73B, reflecting a 1.22% increase from the reported $2.7B in 2024. The forecast for 2026 is $2.85B, followed by $2.97B for 2027, and $3.19B for 2028.

What is Fortrea’s net income forecast?

Fortrea's net income forecast for the fiscal year ending in December 2025 stands at $116.21M, representing a -135.38% decrease from the reported $-328M in 2024. Projections indicate $157.7M in 2026, $204.37M in 2027, and $262.85M in 2028.