$79.68
1.61% yesterday
NYSE, Nov 25, 10:01 pm CET
ISIN
US34959J1088
Symbol
FTV

Fortive Target price 2024 - Analyst rating & recommendation

Fortive Classifications & Recommendation:

Buy
70%
Hold
30%

Fortive Price Target

Target Price $88.00
Price $79.68
Potential
Number of Estimates 17
17 Analysts have issued a price target Fortive 2025 . The average Fortive target price is $88.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 23 analysts: 16 Analysts recommend Fortive to buy, 7 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Fortive stock has an average upside potential 2025 of . Most analysts recommend the Fortive stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 6.07 6.25
4.11% 3.03%
EBITDA Margin 26.22% 28.43%
3.86% 8.42%
Net Margin 13.90% 14.10%
11.67% 1.45%

17 Analysts have issued a sales forecast Fortive 2024 . The average Fortive sales estimate is

$6.2b
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. This is
0.87% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$6.3b 2.27%
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, the lowest is
$6.2b 0.40%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $6.1b 4.11%
2024
$6.2b 3.03%
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2025
$6.5b 4.41%
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2026
$6.8b 4.79%
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2027
$7.2b 5.80%
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16 Analysts have issued an Fortive EBITDA forecast 2024. The average Fortive EBITDA estimate is

$1.8b
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. This is
6.14% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.9b 13.79%
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, the lowest is
$1.7b 1.61%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.6b 8.13%
2024
$1.8b 11.72%
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2025
$1.9b 6.85%
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2026
$2.0b 6.90%
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EBITDA Margin

2023 26.22% 3.86%
2024
28.43% 8.42%
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2025
29.10% 2.36%
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2026
29.69% 2.03%
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9 Fortive Analysts have issued a net profit forecast 2024. The average Fortive net profit estimate is

$881m
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. This is
1.23% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$905m 3.98%
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, the lowest is
$850m 2.39%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $843m 16.27%
2024
$881m 4.56%
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2025
$1.0b 13.77%
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2026
$1.2b 16.32%
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Net Margin

2023 13.90% 11.67%
2024
14.10% 1.45%
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2025
15.37% 9.01%
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2026
17.06% 11.00%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.43 2.54
16.27% 4.53%
P/E 31.36
EV/Sales 4.91

9 Analysts have issued a Fortive forecast for earnings per share. The average Fortive <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.54
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. This is
1.20% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$2.61 3.98%
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, the lowest is
$2.45 2.39%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.43 16.27%
2024
$2.54 4.53%
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2025
$2.89 13.78%
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2026
$3.36 16.26%
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P/E ratio

Current 31.75 9.22%
2024
31.36 1.23%
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2025
27.57 12.09%
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2026
23.70 14.04%
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Based on analysts' sales estimates for 2024, the Fortive stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.96 15.08%
2024
4.91 0.95%
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2025
4.71 4.22%
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2026
4.49 4.57%
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2027
4.24 5.48%
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P/S ratio

Current 4.46 13.00%
2024
4.42 0.86%
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2025
4.24 4.22%
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2026
4.04 4.57%
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2027
3.82 5.48%
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