
Fortive (FTV) Stock Forecast & Price Target
Fortive (FTV) Analyst Ratings
Bulls say
Fortive is a strong diversified industrial company with a balanced capital allocation strategy and a focus on smaller, accretive acquisitions. The company has shown strong financial results, with positive sales growth, increased adjusted EBITDA, and improved operating margins. Their commitment to reduce their carbon footprint and diversity in leadership positions makes them a promising investment for positive earnings, cash generation, and shareholder returns. Analysts' increased estimates and price target further support the company's potential for growth and becoming the "Next Danaher."
Bears say
Fortive is heavily reliant on cyclical end markets and has shown disappointing organic growth. With a new management team, the company has announced a 3-4% core growth target which is underwhelming compared to peers. Furthermore, there is a level of uncertainty and risk surrounding the success of the company's new portfolio strategy. Additionally, macroeconomic factors and the potential for a lack of deal-flow could result in lower than forecasted results.
This aggregate rating is based on analysts' research of Fortive and is not a guaranteed prediction by Public.com or investment advice.
Fortive (FTV) Analyst Forecast & Price Prediction
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