Forrester Research (NASDAQ:FORR – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.720-0.820 for the period, compared to the consensus estimate of 0.690. The company issued revenue guidance of $350.0 million-$360.0 million, compared to the consensus revenue estimate of $353.1 million.
Analysts Set New Price Targets
A number of research firms have commented on FORR. Zacks Research upgraded Forrester Research from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings restated a “sell (e+)” rating on shares of Forrester Research in a research report on Friday, March 27th. Finally, Wall Street Zen lowered Forrester Research from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.
Check Out Our Latest Analysis on FORR
Forrester Research Price Performance
Forrester Research (NASDAQ:FORR – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04). Forrester Research had a negative net margin of 30.07% and a positive return on equity of 8.55%. The business had revenue of $101.06 million for the quarter, compared to the consensus estimate of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, research analysts forecast that Forrester Research will post 0.37 EPS for the current year.
Institutional Investors Weigh In On Forrester Research
Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its stake in shares of Forrester Research by 402.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock valued at $66,000 after acquiring an additional 4,957 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new position in shares of Forrester Research during the 4th quarter worth approximately $93,000. Corient Private Wealth LLC purchased a new position in shares of Forrester Research during the 4th quarter worth approximately $93,000. Wells Fargo & Company MN grew its holdings in shares of Forrester Research by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 12,842 shares of the technology company’s stock worth $104,000 after acquiring an additional 4,058 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Forrester Research in the 2nd quarter worth approximately $131,000. Institutional investors own 55.20% of the company’s stock.
About Forrester Research
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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