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Fortive (FTV) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FTV Stock Forecast

Fortive stock forecast is as follows: an average price target of $87.33 (represents a 15.41% upside from FTV’s last price of $75.67) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

FTV Price Target

The average price target for Fortive (FTV) is $87.33 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $98.00 to $77.00. This represents a potential 15.41% upside from FTV's last price of $75.67.

FTV Analyst Ratings

Buy

According to 11 Wall Street analysts, Fortive's rating consensus is 'Buy'. The analyst rating breakdown for FTV stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Fortive Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2024Jamie CookTruist Financial$90.00$78.3214.91%18.94%
Nov 13, 2024Amit MehrotraUBS$84.00$68.8821.95%11.01%
Oct 02, 2024Julian MitchellBarclays$98.00$77.6026.29%29.51%
Sep 06, 2024Christopher SnydMorgan Stanley$89.00$72.8022.25%17.62%
Sep 06, 2024Brett LinzeyMizuho Securities$90.00$72.8023.63%18.94%
Sep 05, 2024Julian MitchellBarclays$94.00$72.8828.99%24.22%
Sep 05, 2024Brian GesualeRaymond James$85.00$72.8616.67%12.33%
Sep 05, 2024Richard EastmanRobert W. Baird$85.00$73.0316.38%12.33%
Jul 25, 2024Scott GrahamSeaport Global$88.00$70.4424.93%16.29%
Jul 25, 2024Deane DrayRBC Capital$77.00$70.409.38%1.76%
Jul 10, 2024Julian MitchellBarclays$93.00$72.6428.03%22.90%
May 13, 2024John EadeArgus Research$85.00$77.0610.30%12.33%
Apr 25, 2024Joseph O'DeaWells Fargo$84.00$76.0510.45%11.01%
Apr 25, 2024Deane DrayRBC Capital$83.00$76.059.14%9.69%
Apr 04, 2024Deane DrayRBC Capital$93.00$83.7711.02%22.90%
Mar 13, 2024Jamie CookTruist Financial$99.00$85.4615.84%30.83%
Dec 09, 2022Citigroup$77.00$65.7217.16%1.76%
Oct 12, 2022Joshua PokrzywinskiMorgan Stanley$73.00$59.9521.77%-3.53%
Aug 04, 2022Julian MitchellBarclays$72.00$65.2810.29%-4.85%
Jun 07, 2022Joshua PokrzywinskiMorgan Stanley$64.00$63.001.59%-15.42%
Apr 29, 2022Wells Fargo$65.00$58.3311.43%-14.10%
Apr 29, 2022RBC Capital$65.00$58.5610.99%-14.10%
Mar 18, 2022Julian MitchellBarclays$75.00$61.9021.16%-0.89%
Feb 04, 2022Robert Mason CFARobert W. Baird$81.00$64.3225.93%7.04%
Jan 19, 2022Brett LinzeyMizuho Securities$82.00$72.1613.64%8.37%
Jan 03, 2022Jeffrey SpragueVertical Research$82.00$73.4911.58%8.37%
Nov 22, 2021Scott GrahamLoop Capital Markets$90.00$78.5014.65%18.94%
Oct 29, 2021John WalshCredit Suisse$87.00$75.5615.14%14.97%
Jul 12, 2021Nigel CoeWolfe Research$84.00$70.2419.59%11.01%
May 06, 2021Markus MittermaierUBS$86.00$72.1619.18%13.65%

The latest Fortive stock forecast, released on Dec 19, 2024 by Jamie Cook from Truist Financial, set a price target of $90.00, which represents a 14.91% increase from the stock price at the time of the forecast ($78.32), and a 18.94% increase from FTV last price ($75.67).

Fortive Price Target by Period

1M3M12M
# Anlaysts1316
Avg Price Target$90.00$90.67$88.56
Last Closing Price$75.67$75.67$75.67
Upside/Downside18.94%19.82%17.03%

In the current month, the average price target of Fortive stock is $90.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.94% increase as opposed to Fortive's last price of $75.67. This month's average price target is down -0.74% compared to last quarter, and up 1.63% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024UBSNeutralInitialise
Sep 26, 2024Wells FargoSector PerformSector PerformHold
Sep 26, 2024Truist FinancialUnderperformUnderperformHold
Sep 26, 2024BarclaysOverweightOverweightHold
Sep 06, 2024Wolfe ResearchPeer PerformDowngrade
Sep 05, 2024BarclaysOverweightOverweightHold
Sep 05, 2024Raymond JamesOutperformUpgrade
Sep 05, 2024Cowen & Co.BuyBuyHold
Jul 25, 2024Seaport GlobalBuyBuyHold
Jul 25, 2024RBC CapitalSector PerformSector PerformHold
Jul 10, 2024BarclaysOverweightOverweightHold
Jul 08, 2024Cowen & Co.Market PerformBuyUpgrade
Apr 25, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 25, 2024RBC CapitalSector PerformSector PerformHold
Apr 08, 2024CitigroupBuyBuyHold
Apr 04, 2024RBC CapitalSector PerformSector PerformHold
Apr 02, 2024BarclaysOverweightOverweightHold
Aug 23, 2023Cowen & Co.Market PerformMarket PerformHold
Jul 12, 2023Morgan StanleyOverweightOverweightHold
Mar 27, 2023Vertical ResearchBuyUpgrade
Feb 02, 2023CitigroupBuyBuyHold
Dec 09, 2022CitigroupBuyBuyHold
Oct 12, 2022Credit SuisseUnderperformInitialise
Oct 12, 2022CitigroupNeutralInitialise
Oct 12, 2022JefferiesUnderperformInitialise
Oct 12, 2022Morgan StanleyEqual-WeightOverweightUpgrade
Aug 04, 2022BarclaysOverweightOverweightHold
Jul 13, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 07, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 02, 2022Cowen & Co.Market PerformMarket PerformHold
Apr 29, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 29, 2022RBC CapitalSector PerformSector PerformHold
Apr 28, 2022CFRABuyUpgrade
Mar 18, 2022BarclaysOverweightUpgrade

Fortive's last stock rating was published by UBS on Nov 13, 2024. The company Initialise its FTV rating from "null" to "Neutral".

Fortive Financial Forecast

Fortive Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$947.50M-$1.53B$1.46B$1.53B$1.46B$1.46B$1.38B$1.37B$1.30B$1.32B$1.26B$1.32B$1.90B$1.57B$1.71B$2.00B$1.86B
Avg Forecast$1.79B$1.69B$1.70B$1.65B$1.72B$1.61B$1.62B$1.57B$1.63B$1.55B$1.57B$1.53B$1.56B$1.52B$1.51B$1.42B$1.50B$1.44B$1.40B$1.35B$1.44B$1.32B$1.29B$1.22B$1.29B$1.89B$1.50B$1.78B$1.97B$1.88B
High Forecast$1.81B$1.71B$1.73B$1.67B$1.74B$1.63B$1.64B$1.59B$1.64B$1.55B$1.57B$1.53B$1.59B$1.53B$1.53B$1.44B$1.52B$1.44B$1.40B$1.35B$1.44B$1.32B$1.29B$1.22B$1.29B$1.89B$1.50B$1.78B$1.97B$1.88B
Low Forecast$1.76B$1.66B$1.67B$1.62B$1.68B$1.58B$1.59B$1.54B$1.60B$1.55B$1.57B$1.53B$1.54B$1.50B$1.48B$1.40B$1.47B$1.44B$1.40B$1.35B$1.44B$1.32B$1.29B$1.22B$1.29B$1.89B$1.50B$1.78B$1.97B$1.88B
# Analysts3333222610611314107612667971111148979
Surprise %------------0.61%-1.01%1.03%1.02%1.01%1.04%1.02%0.96%0.99%1.02%1.03%1.03%1.01%1.05%0.96%1.02%0.99%

Fortive's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.53B, with a low forecast of $1.53B, and a high forecast of $1.53B. FTV's average Quarter revenue forecast represents a 61.23% increase compared to the company's last Quarter revenue of $947.50M (Dec 23).

Fortive EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333222610611314107612667971111148979
EBITDA------------$310.90M-$291.30M$350.70M$289.70M$360.00M$361.60M$327.40M$197.70M$299.60M$281.00M$291.30M$181.70M$424.90M$315.50M$407.80M$295.60M$317.70M
Avg Forecast$383.68M$362.09M$365.21M$353.54M$368.31M$345.66M$347.05M$337.30M$350.31M$333.40M$336.16M$240.42M$335.81M$325.66M$323.46M$218.56M$377.13M$327.21M$318.29M$198.69M$298.13M$298.39M$292.59M$277.58M$292.65M$428.37M$339.16M$180.63M$446.77M$427.14M
High Forecast$389.16M$367.27M$370.42M$358.59M$373.57M$350.60M$352.00M$341.57M$352.46M$333.72M$336.16M$288.50M$340.60M$329.33M$328.08M$262.28M$452.56M$327.21M$318.29M$238.43M$357.75M$298.39M$292.59M$277.58M$292.65M$428.37M$339.16M$216.76M$446.77M$427.14M
Low Forecast$376.84M$355.64M$358.70M$347.23M$361.74M$339.50M$340.86M$330.90M$344.07M$333.08M$336.16M$192.34M$329.82M$322.88M$317.69M$174.85M$301.71M$327.21M$318.29M$158.96M$238.50M$298.39M$292.59M$277.58M$292.65M$428.37M$339.16M$144.50M$446.77M$427.14M
Surprise %------------0.93%-0.90%1.60%0.77%1.10%1.14%1.65%0.66%1.00%0.96%1.05%0.62%0.99%0.93%2.26%0.66%0.74%

1 analysts predict FTV's average Quarter EBITDA for Mar 24 to be $240.42M, with a high of $288.50M and a low of $192.34M. This is -22.67% lower than Fortive's previous annual EBITDA (Dec 23) of $310.90M.

Fortive Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333222610611314107612667971111148979
Net Income------------$265.20M-$209.00M$173.60M$227.20M$189.90M$173.00M$165.10M$167.90M$150.80M$180.90M$110.20M$1.22B$225.80M$130.00M$41.90M$192.80M$207.10M
Avg Forecast$443.61M$392.58M$390.39M$356.93M$420.07M$364.82M$356.47M$322.95M$395.21M$328.03M$323.70M$53.41M$330.32M$299.14M$284.32M$48.56M$206.05M$269.97M$255.48M$44.14M$162.88M$231.10M$213.33M$211.59M$222.39M$285.03M$173.88M$40.13M$287.79M$257.56M
High Forecast$451.84M$399.87M$397.64M$363.55M$427.87M$371.59M$363.09M$336.84M$402.27M$328.04M$323.73M$64.09M$333.87M$309.70M$289.60M$58.27M$247.26M$269.97M$255.48M$52.97M$195.46M$231.10M$213.33M$211.59M$222.39M$285.03M$173.88M$48.16M$287.79M$257.56M
Low Forecast$433.32M$383.48M$381.34M$348.65M$410.33M$356.36M$348.21M$312.53M$391.68M$328.01M$323.67M$42.73M$322.67M$295.62M$277.73M$38.85M$164.84M$269.97M$255.48M$35.31M$130.31M$231.10M$213.33M$211.59M$222.39M$285.03M$173.88M$32.10M$287.79M$257.56M
Surprise %------------0.80%-0.74%3.58%1.10%0.70%0.68%3.74%1.03%0.65%0.85%0.52%5.47%0.79%0.75%1.04%0.67%0.80%

Fortive's average Quarter net income forecast for Mar 24 is $53.41M, with a range of $42.73M to $64.09M. FTV's average Quarter net income forecast represents a -79.86% decrease compared to the company's last Quarter net income of $265.20M (Dec 23).

Fortive SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333222610611314107612667971111148979
SG&A------------$537.40M-$514.00M$507.70M$499.80M$491.30M$484.90M$480.60M$499.40M$455.60M$456.40M$428.10M$494.80M$562.30M$516.60M$557.20M$629.50M$566.50M
Avg Forecast$609.91M$575.59M$580.54M$561.99M$585.47M$549.47M$551.67M$536.18M$556.86M$529.97M$534.36M$819.03M$533.81M$517.68M$514.18M$744.58M$623.64M$492.41M$478.99M$676.89M$493.00M$449.04M$440.31M$417.72M$440.40M$644.63M$510.39M$615.35M$672.33M$642.79M
High Forecast$618.62M$583.81M$588.83M$570.02M$593.83M$557.32M$559.55M$542.97M$560.28M$530.49M$534.36M$982.84M$541.43M$523.51M$521.52M$893.49M$748.37M$492.41M$478.99M$812.26M$591.60M$449.04M$440.31M$417.72M$440.40M$644.63M$510.39M$738.42M$672.33M$642.79M
Low Forecast$599.03M$565.33M$570.19M$551.97M$575.03M$539.68M$541.83M$526.00M$546.93M$529.46M$534.36M$655.23M$524.29M$513.26M$505.01M$595.66M$498.91M$492.41M$478.99M$541.51M$394.40M$449.04M$440.31M$417.72M$440.40M$644.63M$510.39M$492.28M$672.33M$642.79M
Surprise %------------1.01%-1.00%0.68%0.80%1.00%1.01%0.71%1.01%1.01%1.04%1.02%1.12%0.87%1.01%0.91%0.94%0.88%

Fortive's average Quarter SG&A projection for Mar 24 is $819.03M, based on 1 Wall Street analysts, with a range of $655.23M to $982.84M. The forecast indicates a 52.41% rise compared to FTV last annual SG&A of $537.40M (Dec 23).

Fortive EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333222610611314107612667971111148979
EPS------------$0.75-$0.59$0.49$0.64$0.53$0.48$0.46$0.47$0.42$0.48$0.27$3.55$0.61$0.33$0.07$0.52$0.56
Avg Forecast$1.26$1.11$1.11$1.01$1.19$1.04$1.01$0.92$1.12$0.93$0.92$0.80$0.94$0.85$0.81$0.73$0.84$0.76$0.72$0.68$0.78$0.65$0.60$0.60$0.63$0.80$0.49$0.59$0.81$0.73
High Forecast$1.28$1.14$1.13$1.03$1.21$1.05$1.03$0.96$1.14$0.93$0.92$0.80$0.95$0.88$0.82$0.74$0.86$0.76$0.72$0.68$0.78$0.65$0.60$0.60$0.63$0.80$0.49$0.59$0.81$0.73
Low Forecast$1.23$1.09$1.08$0.99$1.16$1.01$0.99$0.89$1.11$0.93$0.92$0.80$0.92$0.84$0.79$0.71$0.82$0.76$0.72$0.68$0.78$0.65$0.60$0.60$0.63$0.80$0.49$0.59$0.81$0.73
Surprise %------------0.80%-0.73%0.67%0.76%0.70%0.67%0.68%0.60%0.64%0.80%0.45%5.66%0.76%0.67%0.12%0.64%0.77%

According to 1 Wall Street analysts, Fortive's projected average Quarter EPS for Mar 24 is $0.80, with a low estimate of $0.80 and a high estimate of $0.80. This represents a 6.32% increase compared to FTV previous annual EPS of $0.75 (Dec 23).

Fortive Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STSensata Technologies$27.38$39.6744.89%Buy
MKSIMKS Instruments$106.18$128.8021.30%Buy
TRMBTrimble$71.20$86.0020.79%Buy
VPGVishay Precision Group$23.34$27.0015.68%
FTVFortive$75.65$87.3315.44%Buy
TDYTeledyne$471.44$519.0010.09%Buy
COHRCoherent$96.99$106.299.59%Buy
ESEESCO$134.55$145.007.77%Buy
BMIBadger Meter$215.45$221.332.73%Hold
MLABMesa Laboratories$133.06$120.00-9.82%Buy
ITRIItron$109.19$89.91-17.66%Buy

FTV Forecast FAQ

Is Fortive a good buy?

Yes, according to 11 Wall Street analysts, Fortive (FTV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of FTV's total ratings.

What is FTV's price target?

Fortive (FTV) average price target is $87.33 with a range of $77 to $98, implying a 15.41% from its last price of $75.67. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Fortive stock go up soon?

According to Wall Street analysts' prediction for FTV stock, the company can go up by 15.41% (from the last price of $75.67 to the average price target of $87.33), up by 29.51% based on the highest stock price target, and up by 1.76% based on the lowest stock price target.

Can Fortive stock reach $110?

FTV's average twelve months analyst stock price target of $87.33 does not support the claim that Fortive can reach $110 in the near future.

What is Fortive's current price target trend?

1 Wall Street analyst forecast a $90 price target for Fortive (FTV) this month, up 18.94% from its last price of $75.67. Compared to the last 3 and 12 months, the average price target increased by 19.82% and increased by 17.03%, respectively.

What are Fortive's analysts' financial forecasts?

Fortive's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.51B (high $6.6B, low $6.39B), average EBITDA is $1.4B (high $1.42B, low $1.37B), average net income is $1.46B (high $1.5B, low $1.43B), average SG&A $2.22B (high $2.25B, low $2.18B), and average EPS is $4.16 (high $4.26, low $4.05). FTV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.82B (high $6.92B, low $6.7B), average EBITDA is $1.46B (high $1.49B, low $1.44B), average net income is $1.58B (high $1.61B, low $1.55B), average SG&A $2.33B (high $2.36B, low $2.29B), and average EPS is $4.49 (high $4.58, low $4.39).

Did the FTV's actual financial results beat the analysts' financial forecasts?

Based on Fortive's last annual report (Dec 2023), the company's revenue was $6.07B, beating the average analysts forecast of $6.01B by 0.94%. Apple's EBITDA was $1.59B, beating the average prediction of $1.2B by 32.16%. The company's net income was $865.8M, missing the average estimation of $962.34M by -10.03%. Apple's SG&A was $2.06B, missing the average forecast of $2.31B by -10.72%. Lastly, the company's EPS was $2.43, missing the average prediction of $3.32 by -26.90%. In terms of the last quarterly report (Dec 2023), Fortive's revenue was $947.5M, missing the average analysts' forecast of $1.56B by -39.42%. The company's EBITDA was $310.9M, missing the average prediction of $335.81M by -7.42%. Fortive's net income was $265.2M, missing the average estimation of $330.32M by -19.72%. The company's SG&A was $537.4M, beating the average forecast of $533.81M by 0.67%. Lastly, the company's EPS was $0.75, missing the average prediction of $0.938 by -20.01%