Fortive (FTV) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

FTV Stock Forecast


Fortive stock forecast is as follows: an average price target of $86.38 (represents a 17.36% upside from FTV’s last price of $73.60) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

FTV Price Target


The average price target for Fortive (FTV) is $86.38 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $99.00 to $77.00. This represents a potential 17.36% upside from FTV's last price of $73.60.

FTV Analyst Ratings


Buy

According to 10 Wall Street analysts, Fortive's rating consensus is 'Buy'. The analyst rating breakdown for FTV stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 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
Sep 06, 2024Christopher SnydMorgan Stanley$89.00$72.8022.25%20.92%
Sep 06, 2024Brett LinzeyMizuho Securities$90.00$72.8023.63%22.28%
Sep 05, 2024Julian MitchellBarclays$94.00$72.8828.99%27.72%
Sep 05, 2024Brian GesualeRaymond James$85.00$72.8616.67%15.49%
Sep 05, 2024Richard EastmanRobert W. Baird$85.00$73.0316.38%15.49%
Jul 25, 2024Scott GrahamSeaport Global$88.00$70.4424.93%19.57%
Jul 25, 2024Deane DrayRBC Capital$77.00$70.409.38%4.62%
Jul 10, 2024Julian MitchellBarclays$93.00$72.6428.03%26.36%
May 13, 2024John EadeArgus Research$85.00$77.0610.30%15.49%
Apr 25, 2024Joseph O'DeaWells Fargo$84.00$76.0510.45%14.13%
Row per page
Go to

The latest Fortive stock forecast, released on Sep 06, 2024 by Christopher Snyd from Morgan Stanley, set a price target of $89.00, which represents a 22.25% increase from the stock price at the time of the forecast ($72.80), and a 20.92% increase from FTV last price ($73.60).

Fortive Price Target by Period


1M3M12M
# Anlaysts5813
Avg Price Target$88.60$87.63$88.08
Last Closing Price$73.60$73.60$73.60
Upside/Downside20.38%19.06%19.67%

In the current month, the average price target of Fortive stock is $88.60, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 20.38% increase as opposed to Fortive's last price of $73.60. This month's average price target is up 1.11% compared to last quarter, and up 0.59% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024Wolfe Research-Peer PerformDowngrade
Sep 05, 2024BarclaysOverweightOverweightHold
Sep 05, 2024Raymond James-OutperformUpgrade
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
Row per page
Go to

Fortive's last stock rating was published by Wolfe Research on Sep 06, 2024. The company Downgrade its FTV rating from "null" to "Peer Perform".

Fortive Financial Forecast


Fortive Revenue Forecast

Dec 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 19Jun 19Mar 19Dec 18Sep 18
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$1.86B$1.59B$1.02B$1.84B
Avg Forecast$1.74B$1.64B$1.64B$1.59B$1.66B$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$1.93B$1.62B$948.92M$1.88B
High Forecast$1.78B$1.67B$1.67B$1.62B$1.69B$1.56B$1.59B$1.56B$1.59B$1.53B$1.53B$1.45B$1.53B$1.47B$1.40B$1.36B$1.45B$1.33B$1.30B$1.24B$1.30B$1.91B$1.51B$1.80B$1.99B$1.90B$1.94B$1.64B$1.14B$2.26B
Low Forecast$1.72B$1.62B$1.62B$1.57B$1.64B$1.54B$1.55B$1.51B$1.55B$1.50B$1.49B$1.40B$1.48B$1.43B$1.40B$1.33B$1.42B$1.30B$1.28B$1.21B$1.28B$1.87B$1.48B$1.76B$1.95B$1.86B$1.90B$1.60B$759.13M$1.51B
# Analysts33534952314117612767127111216998913171915
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%0.97%0.98%1.07%0.98%

Fortive's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.53B, with a low forecast of $1.51B, and a high forecast of $1.56B. 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts33534952314117612767127111216998913171915
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$359.90M$299.20M$294.10M$387.20M
Avg Forecast$395.73M$371.73M$372.09M$361.33M$375.52M$352.34M$355.09M$240.42M$354.72M$344.00M$341.68M$218.56M$340.55M$429.78M$318.29M$198.69M$298.13M$298.39M$292.59M$277.58M$1.07B$390.71M$260.86M$180.63M$350.68M$351.70M$314.00M$274.70M$215.21M$436.78M
High Forecast$402.95M$378.51M$378.87M$367.92M$382.37M$354.61M$361.56M$288.50M$361.19M$347.88M$347.91M$262.28M$346.76M$515.74M$318.29M$238.43M$357.75M$301.43M$295.57M$280.41M$1.28B$468.86M$313.03M$216.76M$420.81M$422.04M$376.80M$329.64M$258.25M$524.14M
Low Forecast$390.98M$367.27M$367.62M$356.99M$371.01M$350.07M$350.82M$192.34M$350.46M$341.07M$337.57M$174.85M$336.46M$343.83M$318.29M$158.96M$238.50M$295.13M$289.39M$274.55M$856.34M$312.57M$208.68M$144.50M$280.54M$281.36M$251.20M$219.76M$172.17M$349.43M
Surprise %--------0.88%-0.85%1.60%0.85%0.84%1.14%1.65%0.66%1.00%0.96%1.05%0.17%1.09%1.21%2.26%0.84%0.90%1.15%1.09%1.37%0.89%

2 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts33534952314117612767127111216998913171915
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$174.60M$164.40M$2.11B$245.30M
Avg Forecast$422.92M$371.12M$364.20M$335.73M$400.60M$330.25M$326.00M$53.41M$332.67M$301.26M$286.34M$48.56M$299.32M$228.40M$256.34M$44.14M$162.88M$230.90M$213.15M$211.41M$1.06B$207.63M$107.59M$40.13M$180.87M$207.10M$174.60M$164.40M$1.96B$281.95M
High Forecast$432.95M$379.92M$372.83M$343.69M$410.10M$333.81M$333.72M$64.09M$336.24M$311.89M$293.13M$58.27M$306.42M$274.07M$256.34M$52.97M$195.46M$233.96M$215.98M$214.22M$1.27B$249.16M$129.10M$48.16M$217.05M$248.52M$209.52M$197.28M$2.36B$338.34M
Low Forecast$416.32M$365.32M$358.50M$330.49M$394.35M$326.70M$320.91M$42.73M$327.47M$297.72M$281.86M$38.85M$294.64M$182.72M$256.34M$35.31M$130.31M$227.62M$210.12M$208.41M$847.00M$166.11M$86.07M$32.10M$144.70M$165.68M$139.68M$131.52M$1.57B$225.56M
Surprise %--------0.80%-0.73%3.58%0.76%0.83%0.67%3.74%1.03%0.65%0.85%0.52%1.15%1.09%1.21%1.04%1.07%1.00%1.00%1.00%1.08%0.87%

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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts33534952314117612767127111216998913171915
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$537.10M$486.40M$369.10M$490.40M
Avg Forecast$595.52M$559.41M$559.95M$543.76M$565.11M$530.22M$534.36M$819.03M$533.81M$517.68M$514.18M$744.58M$512.48M$568.76M$478.99M$676.89M$493.00M$449.04M$440.31M$417.72M$97.81M$517.06M$427.53M$615.35M$590.56M$525.30M$537.10M$486.40M$343.05M$506.44M
High Forecast$606.38M$569.61M$570.16M$553.67M$575.41M$533.64M$544.10M$982.84M$543.54M$523.51M$523.56M$893.49M$521.83M$682.52M$478.99M$812.26M$591.60M$453.62M$444.80M$421.98M$117.37M$620.47M$513.04M$738.42M$708.67M$630.36M$644.52M$583.68M$411.66M$607.72M
Low Forecast$588.37M$552.69M$553.22M$537.22M$558.32M$526.80M$527.94M$655.23M$527.39M$513.26M$508.00M$595.66M$506.32M$455.01M$478.99M$541.51M$394.40M$444.13M$435.50M$413.16M$78.25M$413.65M$342.02M$492.28M$472.45M$420.24M$429.68M$389.12M$274.44M$405.15M
Surprise %--------1.01%-1.00%0.68%0.98%0.86%1.01%0.71%1.01%1.01%1.04%1.02%5.06%1.09%1.21%0.91%1.07%1.08%1.00%1.00%1.08%0.97%

Fortive's average Quarter SG&A projection for Mar 24 is $819.03M, based on 2 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts33534952314117612767127111216998913171915
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$0.47$0.44$6.26$0.65
Avg Forecast$1.19$1.05$1.03$0.95$1.13$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$0.75$0.57$0.79$1.00
High Forecast$1.22$1.07$1.05$0.97$1.16$0.94$0.94$0.82$0.95$0.88$0.83$0.75$0.86$0.78$0.72$0.69$0.79$0.66$0.61$0.60$0.64$0.81$0.50$0.60$0.82$0.74$0.76$0.58$0.95$1.20
Low Forecast$1.17$1.03$1.01$0.93$1.11$0.92$0.90$0.78$0.92$0.84$0.79$0.72$0.83$0.75$0.72$0.67$0.77$0.64$0.59$0.59$0.62$0.79$0.48$0.58$0.80$0.72$0.74$0.57$0.63$0.80
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%0.63%0.77%7.92%0.65%

According to 2 Wall Street analysts, Fortive's projected average Quarter EPS for Mar 24 is $0.80, with a low estimate of $0.78 and a high estimate of $0.82. 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$34.66$52.3651.07%Buy
MKSIMKS Instruments$111.85$144.9129.56%Buy
TRMBTrimble$56.50$67.6719.77%Buy
FTVFortive$73.60$86.3817.36%Buy
TDYTeledyne$427.75$485.2513.44%Buy
NOVTNovanta$171.12$175.002.27%Buy
ESEESCO$119.81$120.000.16%Buy
MLABMesa Laboratories$125.71$120.00-4.54%Buy
BMIBadger Meter$209.08$199.20-4.73%Hold
COHRCoherent$77.98$73.73-5.45%Buy
ITRIItron$102.54$89.91-12.32%Buy

FTV Forecast FAQ


Yes, according to 10 Wall Street analysts, Fortive (FTV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 80.00% of FTV's total ratings.

Fortive (FTV) average price target is $86.38 with a range of $77 to $99, implying a 17.36% from its last price of $73.6. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FTV stock, the company can go up by 17.36% (from the last price of $73.6 to the average price target of $86.38), up by 34.51% based on the highest stock price target, and up by 4.62% based on the lowest stock price target.

FTV's average twelve months analyst stock price target of $86.38 does not support the claim that Fortive can reach $110 in the near future.

5 Wall Street analysts forecast a $88.6 price target for Fortive (FTV) this month, up 20.38% from its last price of $73.6. Compared to the last 3 and 12 months, the average price target increased by 19.06% and increased by 19.67%, respectively.

Fortive's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $6.3B (high $6.4B, low $6.24B), average EBITDA is $1.32B (high $1.39B, low $1.26B), average net income is $1.11B (high $1.14B, low $1.08B), average SG&A $2.45B (high $2.64B, low $2.27B), and average EPS is $3.78 (high $3.85, low $3.72). FTV's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.62B (high $6.74B, low $6.54B), average EBITDA is $1.5B (high $1.53B, low $1.48B), average net income is $1.49B (high $1.53B, low $1.47B), average SG&A $2.26B (high $2.3B, low $2.23B), and average EPS is $4.21 (high $4.31, low $4.14).

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 $1.26B by 26.33%. The company's net income was $865.8M, missing the average estimation of $968.82M by -10.63%. 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 $354.72M by -12.35%. Fortive's net income was $265.2M, missing the average estimation of $332.67M by -20.28%. 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%