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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for FTRE

Based on 9 analysts offering 12 month price targets for Fortrea Holdings Inc

Min Forecast
$20.00-4.99%
Avg Forecast
$24.22+15.07%
Max Forecast
$30.00+42.52%

Should I buy or sell FTRE stock?

Based on 9 analysts offering ratings for Fortrea Holdings Inc.

Hold
Strong Buy
1 analysts 11.11%
Buy
1 analysts 11.11%
Hold
6 analysts 66.67%
Sell
1 analysts 11.11%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Hold" rating. Learn More

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%2024-11-11
lockedlocked$00.00+00.00%2024-11-11
lockedlocked$00.00+00.00%2024-11-11
lockedlocked$00.00+00.00%2024-10-08
lockedlocked$00.00+00.00%2024-10-08
Jefferies
Top 19%
82
HoldDowngrades$21.00-0.24%2024-09-25
Deutsche Bank
Bottom 7%
7
HoldMaintains$23.00+9.26%2024-08-20
Bank of America
Top 14%
87
SellMaintains$21.00-0.24%2024-08-13
Citigroup
Top 17%
84
Strong BuyMaintains$30.00+42.52%2024-08-13

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Forecast return on equity

Is FTRE forecast to generate an efficient return?

Company
13.08%
Industry
138.05%
Market
70.76%
FTRE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FTRE forecast to generate an efficient return on assets?

Company
5.4%
Industry
22.54%
FTRE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FTRE earnings per share forecast

What is FTRE's earnings per share in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$0.57
Avg 2 year Forecast
$1.41
Avg 3 year Forecast
$1.77

FTRE revenue forecast

What is FTRE's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$2.7B-2.67%
Avg 2 year Forecast
$2.7B-1.63%
Avg 3 year Forecast
$2.9B+3.01%
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
0.74%
Industry
34.8%
Market
8.83%
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$21.05$24.22+15.07%Hold
IRON$63.45$80.57+26.98%Strong Buy
GPCR$33.15$92.25+178.28%Strong Buy
MNKD$6.78$9.33+37.65%Strong Buy
BLTE$63.26$89.00+40.69%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 9 Wall Street analysts covering (NASDAQ: FTRE) stock is to Hold FTRE stock.

Out of 9 analysts, 1 (11.11%) are recommending FTRE as a Strong Buy, 1 (11.11%) are recommending FTRE as a Buy, 6 (66.67%) are recommending FTRE as a Hold, 1 (11.11%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: FTRE) Fortrea Holdings's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 11.89%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.58%.

Fortrea Holdings's earnings in 2024 is -$303,300,000.On average, 4 Wall Street analysts forecast FTRE's earnings for 2024 to be $50,877,840, with the lowest FTRE earnings forecast at $45,747,000, and the highest FTRE earnings forecast at $60,996,000. On average, 4 Wall Street analysts forecast FTRE's earnings for 2025 to be $126,790,950, with the lowest FTRE earnings forecast at $108,537,000, and the highest FTRE earnings forecast at $138,138,000.

In 2026, FTRE is forecast to generate $158,742,090 in earnings, with the lowest earnings forecast at $146,211,000 and the highest earnings forecast at $166,842,000.

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

(NASDAQ: FTRE) Fortrea Holdings's forecast annual revenue growth rate of 0.74% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.83%.

Fortrea Holdings's revenue in 2024 is $2,774,800,000.On average, 4 Wall Street analysts forecast FTRE's revenue for 2024 to be $242,242,743,600, with the lowest FTRE revenue forecast at $242,163,090,000, and the highest FTRE revenue forecast at $242,369,579,400. On average, 4 Wall Street analysts forecast FTRE's revenue for 2025 to be $244,852,834,200, with the lowest FTRE revenue forecast at $241,920,900,000, and the highest FTRE revenue forecast at $248,110,200,000.

In 2026, FTRE is forecast to generate $256,380,540,000 in revenue, with the lowest revenue forecast at $254,756,162,700 and the highest revenue forecast at $258,336,897,000.

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

(NASDAQ: FTRE) forecast ROA is 5.4%, which is lower than the forecast US Biotechnology industry average of 22.54%.

What is FTRE's Price Target?

According to 9 Wall Street analysts that have issued a 1 year FTRE price target, the average FTRE price target is $24.22, with the highest FTRE stock price forecast at $30.00 and the lowest FTRE stock price forecast at $20.00.

On average, Wall Street analysts predict that Fortrea Holdings's share price could reach $24.22 by Nov 11, 2025. The average Fortrea Holdings stock price prediction forecasts a potential upside of 15.07% from the current FTRE share price of $21.05.

What is FTRE's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: FTRE) Fortrea Holdings's current Earnings Per Share (EPS) is -$3.40. On average, analysts forecast that FTRE's EPS will be $0.57 for 2024, with the lowest EPS forecast at $0.51, and the highest EPS forecast at $0.68. On average, analysts forecast that FTRE's EPS will be $1.41 for 2025, with the lowest EPS forecast at $1.21, and the highest EPS forecast at $1.54. In 2026, FTRE's EPS is forecast to hit $1.77 (min: $1.63, max: $1.86).

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

(NASDAQ: FTRE) forecast ROE is 13.08%, which is considered weak.
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