Forrester Research (NASDAQ:FORR) Stock Price Passes Above 200-Day Moving Average - Here's Why

Key Points

• Forrester Research shares rose above their 200-day moving average, trading as high as $12.15 versus the $8.14 average and last changing hands at $11.99.
• The company reported quarterly EPS of $0.40, beating the $0.26 consensus estimate, while revenue of $100.23 million also exceeded expectations. Management provided FY 2026 EPS guidance of $0.72–$0.82.
• Despite the recent price strength, analyst sentiment remains cautious, with an average “Reduce” rating. An insider sold 5,000 shares, while institutional investors own approximately 55.2% of the company.

Shares of Forrester Research, Inc. (NASDAQ:FORR - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.14 and traded as high as $12.15. Forrester Research shares last traded at $11.99, with a volume of 175,987 shares.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings raised Forrester Research from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, July 28th. Wall Street Zen raised Forrester Research from a "hold" rating to a "buy" rating in a research report on Saturday, August 29th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Forrester Research presently has an average rating of "Reduce".

Forrester Research Stock Up 2.0%

The company has a market cap of $228.29 million, a P/E ratio of -5.33, a price-to-earnings-growth ratio of 2.21 and a beta of 0.94. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $11.13 and a 200 day moving average of $8.14.

Forrester Research (NASDAQ:FORR - Get Free Report) last announced its earnings results on Thursday, July 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.14. The business had revenue of $100.23 million for the quarter, compared to analysts' expectations of $96.91 million. Forrester Research had a positive return on equity of 6.19% and a negative net margin of 11.17%.Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, research analysts anticipate that Forrester Research, Inc. will post 0.38 earnings per share for the current fiscal year.

Insider Transactions at Forrester Research

In other Forrester Research news, insider Ryan Darrah sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $11.78, for a total transaction of $58,900.00. Following the completion of the sale, the insider directly owned 27,244 shares of the company's stock, valued at approximately $320,934.32. This represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 40.70% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in shares of Forrester Research by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 68,756 shares of the technology company's stock worth $389,000 after purchasing an additional 2,266 shares in the last quarter. Versant Capital Management Inc lifted its position in Forrester Research by 63.2% during the second quarter. Versant Capital Management Inc now owns 8,360 shares of the technology company's stock valued at $70,000 after purchasing an additional 3,237 shares in the last quarter. Corient Private Wealth LP bought a new stake in Forrester Research during the second quarter valued at about $93,000. Oppenheimer Asset Management Inc. bought a new stake in Forrester Research during the second quarter valued at about $132,000. Finally, Ieq Capital LLC purchased a new stake in Forrester Research in the second quarter worth about $227,000. Hedge funds and other institutional investors own 55.20% of the company's stock.

Forrester Research Company Profile

Forrester Research, Inc is a leading global research and advisory firm that provides insights and guidance to business and technology leaders. Founded in 1983 and headquartered in Cambridge, Massachusetts, the company offers a wide range of services designed to help clients understand market dynamics, evaluate technology investments and develop customer-centric strategies. Forrester's core offerings include syndicated research reports, bespoke advisory services, consulting engagements and data-driven analytics.

Through its extensive research practice, Forrester produces in-depth analyses of emerging technologies, industry trends and best practices across sectors such as information technology, marketing, customer experience and digital business.

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