NASDAQ:FORR

Forrester Research (FORR) Stock Price, News & Analysis

$18.97
+0.20 (+1.07%)
(As of 04/23/2024 ET)
Today's Range
$18.68
$19.06
50-Day Range
$18.53
$21.68
52-Week Range
$18.30
$33.12
Volume
108,235 shs
Average Volume
148,435 shs
Market Capitalization
$367.83 million
P/E Ratio
111.59
Dividend Yield
N/A
Price Target
$37.00

Forrester Research MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
95.0% Upside
$37.00 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
-0.03mentions of Forrester Research in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$269,490 Sold Last Quarter
Proj. Earnings Growth
14.42%
From $1.04 to $1.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.79 out of 5 stars

Computer And Technology Sector

46th out of 583 stocks

Engineering, Accounting, Research, Management & Related Services Industry

1st out of 2 stocks

FORR stock logo

About Forrester Research Stock (NASDAQ:FORR)

Forrester Research, Inc. operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations. The Consulting segment provides consulting projects, include conducting maturity assessments, prioritizing best practices, developing strategies, building business cases, selecting technology vendors, structuring organizations, developing content marketing strategies and collateral, and sales tools; and advisory services. The Events segment hosts events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights. The company sells its products and services through direct sales force in various locations. Forrester Research, Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.

FORR Stock Price History

FORR Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
3 reasons companies are investing in AI-powered PCs
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
The customer data platform market
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering, accounting, research, management & related services
Sub-Industry
IT Consulting & Other Services
Current Symbol
NASDAQ:FORR
CUSIP
34656310
Employees
1,744
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$37.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+94.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$3.05 million
Pretax Margin
1.31%

Debt

Sales & Book Value

Annual Sales
$480.78 million
Cash Flow
$3.05 per share
Book Value
$12.49 per share

Miscellaneous

Free Float
11,792,000
Market Cap
$369.38 million
Optionable
Optionable
Beta
0.91

Social Links

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Key Executives


FORR Stock Analysis - Frequently Asked Questions

Should I buy or sell Forrester Research stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FORR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FORR, but not buy additional shares or sell existing shares.
View FORR analyst ratings
or view top-rated stocks.

What is Forrester Research's stock price target for 2024?

1 equities research analysts have issued 12 month price targets for Forrester Research's stock. Their FORR share price targets range from $37.00 to $37.00. On average, they predict the company's share price to reach $37.00 in the next twelve months. This suggests a possible upside of 95.0% from the stock's current price.
View analysts price targets for FORR
or view top-rated stocks among Wall Street analysts.

How have FORR shares performed in 2024?

Forrester Research's stock was trading at $26.81 on January 1st, 2024. Since then, FORR shares have decreased by 29.2% and is now trading at $18.97.
View the best growth stocks for 2024 here
.

Are investors shorting Forrester Research?

Forrester Research saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 237,900 shares, a drop of 45.8% from the March 15th total of 438,900 shares. Based on an average daily volume of 161,600 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.0% of the company's shares are sold short.
View Forrester Research's Short Interest
.

When is Forrester Research's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our FORR earnings forecast
.

How can I listen to Forrester Research's earnings call?

Forrester Research will be holding an earnings conference call on Tuesday, April 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Forrester Research's earnings last quarter?

Forrester Research, Inc. (NASDAQ:FORR) issued its earnings results on Thursday, February, 8th. The technology company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.02. The technology company had revenue of $118.09 million for the quarter, compared to the consensus estimate of $116.43 million. Forrester Research had a net margin of 0.63% and a trailing twelve-month return on equity of 10.77%.

What guidance has Forrester Research issued on next quarter's earnings?

Forrester Research updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 1.500-1.700 for the period, compared to the consensus EPS estimate of 1.680. The company issued revenue guidance of $430.0 million-$450.0 million, compared to the consensus revenue estimate of $464.2 million.

What is George F. Colony's approval rating as Forrester Research's CEO?

711 employees have rated Forrester Research Chief Executive Officer George F. Colony on Glassdoor.com. George F. Colony has an approval rating of 93% among the company's employees. This puts George F. Colony in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Forrester Research own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forrester Research investors own include Altria Group (MO), AbbVie (ABBV), Dominion Energy (D), Consolidated Edison (ED), Eastman Chemical (EMN), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM), Intuit (INTU) and Invesco (IVZ).

How do I buy shares of Forrester Research?

Shares of FORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Forrester Research have any subsidiaries?
The following companies are subsidiares of Forrester Research: FeedbackNow, Forrester Germany GmbH, Forrester Hong Kong Limited, Forrester International S.a.r.l., Forrester Market Advisory (Beijing) Co. Ltd., Forrester Research (Canada) Inc., Forrester Research Australia Pty Limited, Forrester Research B.V., Forrester Research India Private Limited, Forrester Research Israel Limited, Forrester Research Limited, Forrester Research S.r.l., Forrester Research SAS, Forrester Singapore Pte. Ltd., Forrester Switzerland GmbH, Giga Group, GlimpzIt, JUPR Holdings, SiriusDecisions, SiriusDecisions Asia Pte Limited, SiriusDecisions Europe Ltd., SiriusDecisions Inc., Springboard Research, Strategic Oxygen business, and Whitcomb Investments Inc..
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This page (NASDAQ:FORR) was last updated on 4/23/2024 by MarketBeat.com Staff

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