Fortive
(NYSE:FTV)
$75.97
-0.24[-0.31%]
At close: Apr 26
$75.97
0[0.00%]
After Hours: 4:16PM EDT
Q1 2024 Earnings were released on Wed Apr 24th, before the market open
The most recent conference call was at 12:00 PM, 2 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$99.00
Lowest Price Target1
$68.00
Consensus Price Target1
$78.14

Fortive Stock (NYSE:FTV), Analyst Ratings, Price Targets, Predictions

Fortive Corp has a consensus price target of $78.14, established from looking at the 79 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, RBC Capital, and Wells Fargo on April 25, 2024. With an average price target of $88.33 between Citigroup, RBC Capital, and Wells Fargo, there's an implied 16.27% upside for Fortive Corp from these 3 analyst ratings.

Analyst Trend
1
Dec 23
0
0
0
0
Jan
1
2
Feb
1
Mar
3
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
RBC Capital
Wells Fargo
JP Morgan
Barclays

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Fortive

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/25/2024FTVBuy Now
Fortive
$75.9729%Citigroup
Andrew Kaplowitz
$101 → $98MaintainsBuyGet Alert
04/25/2024FTVBuy Now
Fortive
$75.979.25%RBC Capital
Deane Dray
$93 → $83MaintainsSector PerformGet Alert
04/25/2024FTVBuy Now
Fortive
$75.9710.57%Wells Fargo
Joseph O'Dea
$92 → $84MaintainsEqual-WeightGet Alert
04/17/2024FTVBuy Now
Fortive
$75.9718.47%JP Morgan
Stephen Tusa
$95 → $90DowngradeOverweight → NeutralGet Alert
04/08/2024FTVBuy Now
Fortive
$75.9732.95%Citigroup
Andrew Kaplowitz
$90 → $101MaintainsBuyGet Alert
04/02/2024FTVBuy Now
Fortive
$75.9727.68%Barclays
Julian Mitchell
$89 → $97MaintainsOverweightGet Alert
03/14/2024FTVBuy Now
Fortive
$75.9730.31%Truist Securities
Jamie Cook
→ $99Initiates → BuyGet Alert
02/01/2024FTVBuy Now
Fortive
$75.975.3%RBC Capital
Deane Dray
$75 → $80MaintainsSector PerformGet Alert
02/01/2024FTVBuy Now
Fortive
$75.975.3%Mizuho
Brett Linzey
$70 → $80MaintainsNeutralGet Alert
02/01/2024FTVBuy Now
Fortive
$75.9714.52%JP Morgan
Stephen Tusa
$83 → $87MaintainsOverweightGet Alert
02/01/2024FTVBuy Now
Fortive
$75.9711.89%Wells Fargo
Joseph O'Dea
$79 → $85MaintainsEqual-WeightGet Alert
01/02/2024FTVBuy Now
Fortive
$75.97Vertical Research
Jeffrey Sprague
DowngradeBuy → HoldGet Alert
12/19/2023FTVBuy Now
Fortive
$75.973.99%Wells Fargo
Joseph O'Dea
$70 → $79MaintainsEqual-WeightGet Alert
10/26/2023FTVBuy Now
Fortive
$75.97-13.12%Mizuho
Brett Linzey
$70 → $66MaintainsNeutralGet Alert
10/26/2023FTVBuy Now
Fortive
$75.97-3.91%RBC Capital
Deane Dray
$79 → $73MaintainsSector PerformGet Alert
10/26/2023FTVBuy Now
Fortive
$75.97-7.86%Wells Fargo
Joseph O'Dea
$75 → $70MaintainsEqual-WeightGet Alert
10/26/2023FTVBuy Now
Fortive
$75.97-7.86%B of A Securities
Andrew Obin
→ $70DowngradeBuy → NeutralGet Alert
10/26/2023FTVBuy Now
Fortive
$75.970.04%Barclays
Julian Mitchell
$83 → $76MaintainsOverweightGet Alert
10/10/2023FTVBuy Now
Fortive
$75.9718.47%UBS
Shannon O'Callaghan
$80 → $90MaintainsBuyGet Alert

FAQ

Q

What is the target price for Fortive (FTV)?

A

The latest price target for Fortive (NYSE: FTV) was reported by Citigroup on April 25, 2024. The analyst firm set a price target for $98.00 expecting FTV to rise to within 12 months (a possible 29.00% upside). 31 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Fortive (FTV)?

A

The latest analyst rating for Fortive (NYSE: FTV) was provided by Citigroup, and Fortive maintained their buy rating.

Q

When was the last upgrade for Fortive (FTV)?

A

The last upgrade for Fortive Corp happened on October 12, 2022 when Morgan Stanley raised their price target to $73. Morgan Stanley previously had an equal-weight for Fortive Corp.

Q

When was the last downgrade for Fortive (FTV)?

A

The last downgrade for Fortive Corp happened on April 17, 2024 when JP Morgan changed their price target from $95 to $90 for Fortive Corp.

Q

When is the next analyst rating going to be posted or updated for Fortive (FTV)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortive was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.

Q

Is the Analyst Rating Fortive (FTV) correct?

A

While ratings are subjective and will change, the latest Fortive (FTV) rating was a maintained with a price target of $101.00 to $98.00. The current price Fortive (FTV) is trading at is $75.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch