Fortive Corporation, valued at $19.1 billion, develops, manufactures, and markets products, software, and services in Everett, Washington. The stock has underperformed the market but saw a 10.6% increase after better-than-expected Q4 results, with revenue up 4.6% and adjusted EPS up 12.5% year-over-year.
Despite lagging behind the broader market over the past year, Fortive outperformed the State Street Technology Select Sector ETF on a YTD basis. Analysts expect EPS to grow 8.9% in fiscal 2026, with a mixed earnings surprise history. The consensus rating among 20 analysts is a “Hold.”
Seaport Research maintained a “Buy” rating on Fortive with a price target of $70, indicating a 16.4% potential upside. The company is currently trading above its mean price target of $59.06. One analyst has suggested a “Strong Sell” rating, showing a more bearish trend compared to the past.
Read more at Yahoo Finance: Is Wall Street Bullish or Bearish on Fortive Stock?
