Fortive (FTV) Stock Forecast, Price Target & Predictions
FTV Stock Forecast
Fortive stock forecast is as follows: an average price target of $86.63 (represents a 21.74% upside from FTV’s last price of $71.16) 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 $86.63 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 21.74% upside from FTV's last price of $71.16.
FTV Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 02, 2024 | Julian Mitchell | Barclays | $98.00 | $77.60 | 26.29% | 37.72% |
| Sep 06, 2024 | Christopher Snyd | Morgan Stanley | $89.00 | $72.80 | 22.25% | 25.07% |
| Sep 06, 2024 | Brett Linzey | Mizuho Securities | $90.00 | $72.80 | 23.63% | 26.48% |
| Sep 05, 2024 | Julian Mitchell | Barclays | $94.00 | $72.88 | 28.99% | 32.10% |
| Sep 05, 2024 | Brian Gesuale | Raymond James | $85.00 | $72.86 | 16.67% | 19.45% |
| Sep 05, 2024 | Richard Eastman | Robert W. Baird | $85.00 | $73.03 | 16.38% | 19.45% |
| Jul 25, 2024 | Scott Graham | Seaport Global | $88.00 | $70.44 | 24.93% | 23.66% |
| Jul 25, 2024 | Deane Dray | RBC Capital | $77.00 | $70.40 | 9.38% | 8.21% |
| Jul 10, 2024 | Julian Mitchell | Barclays | $93.00 | $72.64 | 28.03% | 30.69% |
| May 13, 2024 | John Eade | Argus Research | $85.00 | $77.06 | 10.30% | 19.45% |
The latest Fortive stock forecast, released on Oct 02, 2024 by Julian Mitchell from Barclays, set a price target of $98.00, which represents a 26.29% increase from the stock price at the time of the forecast ($77.60), and a 37.72% increase from FTV last price ($71.16).
Fortive Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 6 | 14 |
| Avg Price Target | - | $90.17 | $88.79 |
| Last Closing Price | $71.16 | $71.16 | $71.16 |
| Upside/Downside | -100.00% | 26.71% | 24.78% |
In the current month, the average price target of Fortive stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fortive's last price of $71.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 26, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Sep 26, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Sep 26, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 06, 2024 | Wolfe Research | - | Peer Perform | Downgrade |
| Sep 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 05, 2024 | Raymond James | - | Outperform | Upgrade |
| Sep 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 25, 2024 | Seaport Global | Buy | Buy | Hold |
| Jul 25, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 10, 2024 | Barclays | Overweight | Overweight | Hold |
Fortive's last stock rating was published by Wells Fargo on Sep 26, 2024. The company gave FTV a "Sector Perform" rating, the same as its previous rate.
Fortive Financial Forecast
Fortive Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $1.81B | $1.71B | $1.72B | $1.68B | $1.72B | $1.62B | $1.63B | $1.58B | $1.64B | $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 | $1.83B | $1.72B | $1.74B | $1.69B | $1.74B | $1.63B | $1.64B | $1.59B | $1.65B | $1.55B | $1.57B | $1.53B | $1.58B | $1.53B | $1.52B | $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 | $1.79B | $1.69B | $1.70B | $1.66B | $1.70B | $1.60B | $1.61B | $1.56B | $1.63B | $1.55B | $1.57B | $1.53B | $1.55B | $1.50B | $1.49B | $1.41B | $1.49B | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 9 | 7 | 1 | 1 | 3 | 14 | 10 | 7 | 6 | 12 | 6 | 6 | 7 | 9 | 7 | 11 | 11 | 14 | 8 | 9 | 7 | 9 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 9 | 7 | 1 | 1 | 3 | 14 | 10 | 7 | 6 | 12 | 6 | 6 | 7 | 9 | 7 | 11 | 11 | 14 | 8 | 9 | 7 | 9 |
| 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 | $410.13M | $386.69M | $390.34M | $380.26M | $389.93M | $366.45M | $368.83M | $357.42M | $371.76M | $352.17M | $355.09M | $240.42M | $354.72M | $344.00M | $341.68M | $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 | $414.37M | $390.69M | $394.38M | $384.19M | $393.96M | $370.23M | $372.64M | $361.11M | $374.03M | $352.51M | $355.09M | $288.50M | $358.38M | $347.88M | $345.21M | $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 | $406.05M | $382.85M | $386.46M | $376.48M | $386.05M | $362.80M | $365.16M | $352.95M | $369.49M | $351.83M | $355.09M | $192.34M | $351.19M | $341.07M | $338.28M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | - | 0.85% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 9 | 7 | 1 | 1 | 3 | 14 | 10 | 7 | 6 | 12 | 6 | 6 | 7 | 9 | 7 | 11 | 11 | 14 | 8 | 9 | 7 | 9 |
| 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 | $442.43M | $396.10M | $392.74M | $359.28M | $419.68M | $366.54M | $360.58M | $329.39M | $396.71M | $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 | $448.37M | $401.42M | $398.02M | $364.10M | $425.31M | $371.47M | $365.42M | $339.90M | $403.73M | $328.04M | $323.73M | $64.09M | $333.87M | $309.70M | $288.14M | $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 | $436.71M | $390.98M | $387.67M | $354.63M | $414.25M | $361.81M | $355.92M | $318.87M | $389.69M | $328.01M | $323.67M | $42.73M | $326.05M | $295.62M | $280.65M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 9 | 7 | 1 | 1 | 3 | 14 | 10 | 7 | 6 | 12 | 6 | 6 | 7 | 9 | 7 | 11 | 11 | 14 | 8 | 9 | 7 | 9 |
| 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 | $617.19M | $581.92M | $587.42M | $572.25M | $586.79M | $551.45M | $555.04M | $537.87M | $559.45M | $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 | $623.57M | $587.93M | $593.48M | $578.16M | $592.86M | $557.15M | $560.78M | $543.42M | $562.86M | $530.49M | $534.36M | $982.84M | $539.32M | $523.51M | $519.49M | $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 | $611.06M | $576.13M | $581.57M | $566.56M | $580.96M | $545.97M | $549.52M | $531.14M | $556.04M | $529.46M | $534.36M | $655.23M | $528.50M | $513.26M | $509.07M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 9 | 7 | 1 | 1 | 3 | 14 | 10 | 7 | 6 | 12 | 6 | 6 | 7 | 9 | 7 | 11 | 11 | 14 | 8 | 9 | 7 | 9 |
| 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 | $1.12 | $1.11 | $1.02 | $1.19 | $1.04 | $1.02 | $0.93 | $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 |
| High Forecast | $1.27 | $1.14 | $1.13 | $1.03 | $1.21 | $1.05 | $1.04 | $0.96 | $1.15 | $0.93 | $0.92 | $0.80 | $0.95 | $0.88 | $0.82 | $0.74 | $0.85 | $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 | $1.24 | $1.11 | $1.10 | $1.01 | $1.18 | $1.03 | $1.01 | $0.91 | $1.11 | $0.93 | $0.92 | $0.80 | $0.93 | $0.84 | $0.80 | $0.72 | $0.83 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $33.64 | $51.25 | 52.35% | Buy |
| MKSI | MKS Instruments | $99.57 | $143.09 | 43.71% | Buy |
| FTV | Fortive | $71.16 | $86.63 | 21.74% | Buy |
| VPG | Vishay Precision Group | $23.61 | $27.00 | 14.36% | - |
| ESE | ESCO | $128.21 | $145.00 | 13.10% | Buy |
| TRMB | Trimble | $61.31 | $67.67 | 10.37% | Buy |
| TDY | Teledyne | $457.92 | $496.80 | 8.49% | Buy |
| MLAB | Mesa Laboratories | $118.45 | $120.00 | 1.31% | Buy |
| BMI | Badger Meter | $202.85 | $204.60 | 0.86% | Hold |
| NOVT | Novanta | $174.17 | $175.00 | 0.48% | Buy |
| COHR | Coherent | $90.91 | $85.83 | -5.59% | Buy |
| ITRI | Itron | $114.97 | $89.91 | -21.80% | Buy |
FTV Forecast FAQ
Is Fortive a good buy?
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.
What is FTV's price target?
Fortive (FTV) average price target is $86.63 with a range of $77 to $99, implying a 21.74% from its last price of $71.16. The data is based on 10 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 21.74% (from the last price of $71.16 to the average price target of $86.63), up by 39.12% based on the highest stock price target, and up by 8.21% based on the lowest stock price target.
Can Fortive stock reach $110?
FTV's average twelve months analyst stock price target of $86.63 does not support the claim that Fortive can reach $110 in the near future.
What are Fortive's analysts' financial forecasts?
Fortive's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.54B (high $6.6B, low $6.47B), average EBITDA is $1.48B (high $1.5B, low $1.47B), average net income is $1.48B (high $1.5B, low $1.45B), average SG&A $2.23B (high $2.25B, low $2.21B), and average EPS is $4.19 (high $4.26, low $4.12). FTV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.91B (high $6.98B, low $6.84B), average EBITDA is $1.57B (high $1.58B, low $1.55B), average net income is $1.59B (high $1.61B, low $1.57B), average SG&A $2.36B (high $2.38B, low $2.34B), and average EPS is $4.51 (high $4.58, low $4.46).
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 $1.26B by 26.33%. 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 $354.72M by -12.35%. 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%