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NASDAQ: FTRE
Fortrea Holdings Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FTRE

Based on 7 analysts offering 12 month price targets for Fortrea Holdings Inc.
Min Forecast
$33.00-9.22%
Avg Forecast
$38.14+4.93%
Max Forecast
$44.00+21.05%

Should I buy or sell FTRE stock?

Based on 7 analysts offering ratings for Fortrea Holdings Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
1 analysts 14.29%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their FTRE stock forecasts and price targets.

FTRE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-03-06
lockedlocked$00.00+00.00%2024-01-25
lockedlocked$00.00+00.00%2024-01-04
Citigroup
Top 13%
88
Strong BuyUpgrades$40.00+10.04%2023-12-11
Evercore ISI Group
Bottom 5%
5
BuyUpgrades$36.00-0.96%2023-12-01

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Forecast return on equity

Is FTRE forecast to generate an efficient return?

Forecast return on assets

Is FTRE forecast to generate an efficient return on assets?

FTRE revenue forecast

What is FTRE's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.1B+0.18%
Avg 2 year Forecast
$3.2B+3.73%
Avg 3 year Forecast
$3.5B+11.74%
FTRE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FTRE revenue growth forecast

How is FTRE forecast to perform vs Biotechnology companies and vs the US market?
Company
3.45%
Industry
37.85%
Market
9.96%
FTRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FTRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FTRE vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
FTRE$36.35$38.14+4.93%Buy
IOVA$11.64$25.50+119.07%Strong Buy
BHVN$38.97$55.57+42.60%Strong Buy
SWTX$45.53$66.60+46.28%Strong Buy
AXSM$71.71$126.80+76.82%Strong Buy
View Top Biotech Stocks

Fortrea Holdings Stock Forecast FAQ

Is Fortrea Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: FTRE) stock is to Buy FTRE stock.

Out of 7 analysts, 3 (42.86%) are recommending FTRE as a Strong Buy, 1 (14.29%) are recommending FTRE as a Buy, 2 (28.57%) are recommending FTRE as a Hold, 1 (14.29%) are recommending FTRE as a Sell, and 0 (0%) are recommending FTRE as a Strong Sell.

If you're new to stock investing, here's how to buy Fortrea Holdings stock.

What is FTRE's revenue growth forecast for 2024-2026?

(NASDAQ: FTRE) Fortrea Holdings's forecast annual revenue growth rate of 3.45% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.85%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.96%.

Fortrea Holdings's revenue in 2024 is $3,109,000,000.On average, 3 Wall Street analysts forecast FTRE's revenue for 2024 to be $278,440,233,600, with the lowest FTRE revenue forecast at $270,033,594,000, and the highest FTRE revenue forecast at $282,870,540,000. On average, 3 Wall Street analysts forecast FTRE's revenue for 2025 to be $288,313,748,400, with the lowest FTRE revenue forecast at $275,251,872,000, and the highest FTRE revenue forecast at $296,745,420,000.

In 2026, FTRE is forecast to generate $310,568,984,400 in revenue, with the lowest revenue forecast at $304,661,968,800 and the highest revenue forecast at $316,476,000,000.

What is FTRE's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: FTRE) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is FTRE's Price Target?

According to 7 Wall Street analysts that have issued a 1 year FTRE price target, the average FTRE price target is $38.14, with the highest FTRE stock price forecast at $44.00 and the lowest FTRE stock price forecast at $33.00.

On average, Wall Street analysts predict that Fortrea Holdings's share price could reach $38.14 by Mar 22, 2025. The average Fortrea Holdings stock price prediction forecasts a potential upside of 4.93% from the current FTRE share price of $36.35.

What is FTRE's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: FTRE) forecast ROE is N/A, which is considered weak.
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