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NYSE: FTV
Fortive Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FTV

Based on 8 analysts offering 12 month price targets for Fortive Corp.
Min Forecast
$72.00-2.09%
Avg Forecast
$81.25+10.48%
Max Forecast
$90.00+22.38%

Should I buy or sell FTV stock?

Based on 8 analysts offering ratings for Fortive Corp.
Buy
Strong Buy
3 analysts 37.5%
Buy
2 analysts 25%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

FTV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Loop Capital
Top 9%
92
Strong BuyInitiates Coverage On$90.00+22.38%2021-11-23
Anonymous
Morgan Stanley
HoldMaintains$82.00+11.50%2021-10-29
RBC Capital
Top 24%
77
HoldMaintains$77.00+4.70%2021-10-29
Credit Suisse
Top 2%
99
BuyMaintains$87.00+18.30%2021-10-29
Wells Fargo
Bottom 12%
12
HoldInitiates Coverage On$72.00-2.09%2021-10-08
Wolfe Research
Bottom 19%
19
BuyUpgrades$84.00+14.22%2021-07-12
JP Morgan
Top 17%
84
Strong BuyUpgrades$80.00+8.78%2021-05-20
Morgan Stanley
Top 8%
93
HoldDowngrades$75.00+1.99%2021-02-17
Citigroup
Top 4%
97
Strong BuyMaintains$85.00+15.58%2021-02-05

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Forecast return on equity

Is FTV forecast to generate an efficient return?
Company
12.58%
Industry
14.94%
Market
46.73%
FTV's Return on Equity is forecast to be low in 3 years (12.58%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is FTV forecast to generate an efficient return on assets?
Company
7.83%
Industry
9.44%
FTV is forecast to generate lower Return on Assets (7.83%) than the US Scientific & Technical Instruments industry average (9.44%)
Forecast

FTV earnings per share forecast

What is FTV's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.74-41.95%
Avg 2 year Forecast
$3.00-36.44%
Avg 3 year Forecast
$3.27-30.72%
FTV's earnings are forecast to grow at a rate of -20.24% per year, which is not exceptional
Forecast

FTV revenue forecast

What is FTV's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.3B+59.7%
Avg 2 year Forecast
$5.7B+70.54%
Avg 3 year Forecast
$6.0B+79.22%
FTV's revenue is forecast to grow at an exceptional rate of 30.31% per year
Forecast

FTV earnings growth forecast

How is FTV forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
-20.24%
Industry
15.05%
Market
17.66%
FTV's earnings are forecast to grow slower (-20.24% per year) than the US Scientific & Technical Instruments industry average (15.05%)
Forecast
FTV's earnings are forecast to grow slower (-20.24% per year) than the US market average (17.66%)
Forecast
FTV's earnings are forecast to grow slower (-20.24% per year) than the risk-free savings rate (1.4%)
Forecast

FTV revenue growth forecast

How is FTV forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
30.31%
Industry
10.68%
Market
10.77%
FTV's revenues are forecast to grow faster (30.31% per year) than the US Scientific & Technical Instruments industry average (10.68%)
Forecast
FTV's revenues are forecast to grow faster (30.31% per year) than the US market average (10.77%)
Forecast

Fortive Corp Stock Forecast FAQ

Is Fortive Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: FTV) stock is to Buy FTV stock.

Out of 8 analysts, 3 (37.5%) are recommending FTV as a Strong Buy, 2 (25%) are recommending FTV as a Buy, 3 (37.5%) are recommending FTV as a Hold, 0 (0%) are recommending FTV as a Sell, and 0 (0%) are recommending FTV as a Strong Sell.

What is FTV's earnings growth forecast for 2021-2023?

(NYSE: FTV) Fortive Corp's forecast annual earnings growth rate of -20.24% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 15.05%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Fortive Corp's earnings in 2021 is $1,605,800,000.On average, 5 Wall Street analysts forecast FTV's earnings for 2021 to be $982,502,766, with the lowest FTV earnings forecast at $968,159,660, and the highest FTV earnings forecast at $996,845,873. On average, 5 Wall Street analysts forecast FTV's earnings for 2022 to be $1,075,732,956, with the lowest FTV earnings forecast at $1,050,632,520, and the highest FTV earnings forecast at $1,108,004,945.

In 2023, FTV is forecast to generate $1,172,548,922 in earnings, with the lowest earnings forecast at $1,165,377,369 and the highest earnings forecast at $1,183,306,252.

What is FTV's revenue growth forecast for 2021-2023?

(NYSE: FTV) Fortive Corp's forecast annual revenue growth rate of 30.31% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 10.68%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.77%.

Fortive Corp's revenue in 2021 is $3,325,800,000.On average, 3 Wall Street analysts forecast FTV's revenue for 2021 to be $1,904,496,629,918, with the lowest FTV revenue forecast at $1,900,102,977,948, and the highest FTV revenue forecast at $1,907,719,167,276. On average, 3 Wall Street analysts forecast FTV's revenue for 2022 to be $2,033,836,664,727, with the lowest FTV revenue forecast at $2,018,792,180,760, and the highest FTV revenue forecast at $2,047,603,895,098.

In 2023, FTV is forecast to generate $2,137,256,555,384 in revenue, with the lowest revenue forecast at $2,121,345,389,232 and the highest revenue forecast at $2,158,687,665,911.

What is FTV's forecast return on assets (ROA) for 2021-2023?

(NYSE: FTV) forecast ROA is 7.83%, which is lower than the forecast US Scientific & Technical Instruments industry average of 9.44%.

What is FTV's Price Target?

According to 8 Wall Street analysts that have issued a 1 year FTV price target, the average FTV price target is $81.25, with the highest FTV stock price forecast at $90.00 and the lowest FTV stock price forecast at $72.00.

On average, Wall Street analysts predict that Fortive Corp's share price could stay at $81.25 by Nov 23, 2022. The average Fortive Corp stock price prediction forecasts a potential downside of N/A from the current FTV share price of $73.54.

What is FTV's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: FTV) Fortive Corp's current Earnings Per Share (EPS) is $4.72. On average, analysts forecast that FTV's EPS will be $2.74 for 2021, with the lowest EPS forecast at $2.70, and the highest EPS forecast at $2.78. On average, analysts forecast that FTV's EPS will be $3.00 for 2022, with the lowest EPS forecast at $2.93, and the highest EPS forecast at $3.09. In 2023, FTV's EPS is forecast to hit $3.27 (min: $3.25, max: $3.30).

What is FTV's forecast return on equity (ROE) for 2021-2023?

(NYSE: FTV) forecast ROE is 12.58%, which is considered weak.
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