Forrester Research (FORR) Stock Forecast & Price Target

$19.25

+0.11 (+0.57%)

(As of 07/26/2024 ET)

Forrester Research - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 1 Analyst Ratings

Based on 1 Wall Street analysts who have issued ratings for Forrester Research in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for FORR.

Consensus Price Target

$37.00
92.21% Upside

High Forecast	$37.00
Average Forecast	$37.00
Low Forecast	$37.00

According to the 1 analysts' twelve-month price targets for Forrester Research, the average price target is $37.00. The highest price target for FORR is $37.00, while the lowest price target for FORR is $37.00. The average price target represents a forecasted upside of 92.21% from the current price of $19.25.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$37.00	$37.00	$37.00	$32.00
Forecasted Upside	92.21% Upside	15.91% Upside	15.91% Upside	10.69% Upside

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FORR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FORR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Forrester Research Stock vs. The Competition

Type	Forrester Research	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.00	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	92.21% Upside	554.04% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
10/30/2023	Barrington Research 4 of 5 stars	V. Colicchio Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
8/1/2022	William Blair 2 of 5 stars	A. Nicholas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:15 AM ET.

FORR Forecast - Frequently Asked Questions

What is Forrester Research's forecast for 2024?: According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Forrester Research is $37.00, with a high forecast of $37.00 and a low forecast of $37.00.
Should I buy or sell Forrester Research stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last year. There is currently 1 hold rating for the stock. The consensus among Wall Street equities research 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.
Does Forrester Research's stock price have much upside?: According to analysts, Forrester Research's stock has a predicted upside of 15.91% based on their 12-month stock forecasts.
Do Wall Street analysts like Forrester Research more than its competitors?: Analysts like Forrester Research less than other "computer and technology" companies. The consensus rating for Forrester Research is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how FORR compares to other companies.