Fortive (FTV) Stock Forecast, Price Target & Predictions
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
FTV Analyst Ratings
Fortive Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 06, 2024 | Christopher Snyd | Morgan Stanley | $89.00 | $72.80 | 22.25% | 20.92% |
Sep 06, 2024 | Brett Linzey | Mizuho Securities | $90.00 | $72.80 | 23.63% | 22.28% |
Sep 05, 2024 | Julian Mitchell | Barclays | $94.00 | $72.88 | 28.99% | 27.72% |
Sep 05, 2024 | Brian Gesuale | Raymond James | $85.00 | $72.86 | 16.67% | 15.49% |
Sep 05, 2024 | Richard Eastman | Robert W. Baird | $85.00 | $73.03 | 16.38% | 15.49% |
Jul 25, 2024 | Scott Graham | Seaport Global | $88.00 | $70.44 | 24.93% | 19.57% |
Jul 25, 2024 | Deane Dray | RBC Capital | $77.00 | $70.40 | 9.38% | 4.62% |
Jul 10, 2024 | Julian Mitchell | Barclays | $93.00 | $72.64 | 28.03% | 26.36% |
May 13, 2024 | John Eade | Argus Research | $85.00 | $77.06 | 10.30% | 15.49% |
Apr 25, 2024 | Joseph O'Dea | Wells Fargo | $84.00 | $76.05 | 10.45% | 14.13% |
Fortive Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 5 | 8 | 13 |
Avg Price Target | $88.60 | $87.63 | $88.08 |
Last Closing Price | $73.60 | $73.60 | $73.60 |
Upside/Downside | 20.38% | 19.06% | 19.67% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
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 |
Jul 08, 2024 | Cowen & Co. | Market Perform | Buy | Upgrade |
Apr 25, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Apr 25, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Fortive Financial Forecast
Fortive Revenue Forecast
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 | Jun 19 | Mar 19 | Dec 18 | Sep 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 |
# Analysts | 3 | 3 | 5 | 3 | 4 | 9 | 5 | 2 | 3 | 14 | 11 | 7 | 6 | 12 | 7 | 6 | 7 | 12 | 7 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 15 |
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 EBITDA Forecast
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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 5 | 3 | 4 | 9 | 5 | 2 | 3 | 14 | 11 | 7 | 6 | 12 | 7 | 6 | 7 | 12 | 7 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 15 |
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% |
Fortive Net Income Forecast
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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 5 | 3 | 4 | 9 | 5 | 2 | 3 | 14 | 11 | 7 | 6 | 12 | 7 | 6 | 7 | 12 | 7 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 15 |
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 SG&A Forecast
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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 5 | 3 | 4 | 9 | 5 | 2 | 3 | 14 | 11 | 7 | 6 | 12 | 7 | 6 | 7 | 12 | 7 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 15 |
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 EPS Forecast
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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 5 | 3 | 4 | 9 | 5 | 2 | 3 | 14 | 11 | 7 | 6 | 12 | 7 | 6 | 7 | 12 | 7 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 15 |
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% |
Fortive Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
ST | Sensata Technologies | $34.66 | $52.36 | 51.07% | Buy |
MKSI | MKS Instruments | $111.85 | $144.91 | 29.56% | Buy |
TRMB | Trimble | $56.50 | $67.67 | 19.77% | Buy |
FTV | Fortive | $73.60 | $86.38 | 17.36% | Buy |
TDY | Teledyne | $427.75 | $485.25 | 13.44% | Buy |
NOVT | Novanta | $171.12 | $175.00 | 2.27% | Buy |
ESE | ESCO | $119.81 | $120.00 | 0.16% | Buy |
MLAB | Mesa Laboratories | $125.71 | $120.00 | -4.54% | Buy |
BMI | Badger Meter | $209.08 | $199.20 | -4.73% | Hold |
COHR | Coherent | $77.98 | $73.73 | -5.45% | Buy |
ITRI | Itron | $102.54 | $89.91 | -12.32% | 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 $86.38 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.
Will Fortive stock go up soon?
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.
Can Fortive stock reach $110?
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.
What is Fortive's current price target trend?
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.
What are Fortive's analysts' financial forecasts?
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).
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 $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%