Equites Radar

FTRE · Fortrea Holdings Inc.

BiotechnologyUnited StatesAnalyst view: Buy

$23.63

-1.21% last session

End-of-day data · close of 2026-10-23

Bullish5 bullish · 1 bearish technical signals
Consensus: Buy (2.15 from 12 analysts)
To mean target: -8.1%

Market cap

$2B

Enterprise value

$3B

Trailing P/E

—

Forward P/E

20.9

Dividend yield

0.0%

Beta

1.91

Avg volume

2M

Employees

14K

Daily Change %

-1.21%

5 Days Change

6.36%

10 Days Change

14.34%

30 Days Change

22.54%

60 Days Change

30.64%

Month to Day Change

23.30%

Year to Day Change

38.67%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.15
Covering analysts12
Mean price target$21.71
Low price target$13.50
Upside to mean target-8.1%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)70.2
50-day MA$19.70
200-day MA$15.54
Price vs 50-day MA+20.0%
Price vs 200-day MA+52.1%
MACD histogram0.23
Volume vs 3-month avg0.6×
52w low $8.8752w high $24.06

Analyst sentiment over time — FTRE

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-10-20

Latest call per bank · past 12 months

UBS

Neutral

$24.00

+1.6% vs price
▲ raised from $22.00Maintains · 2026-10-20

Deutsche Bank

Buy

$25.00

+5.8% vs price
▲ raised from $20.00Upgrade · 2026-10-15

Barclays

Overweight

$23.00

-2.7% vs price
▲ raised from $22.00Upgrade · 2026-10-06

Citigroup

Buy

$22.00

-6.9% vs price
▲ raised from $20.00Maintains · 2026-07-31

Recent rating actions

DateFirmActionRatingPrice target
2026-10-20UBSMaintainsNeutral$22.00 → $24.00
2026-10-15Deutsche BankUpgradeHold → Buy$20.00 → $25.00
2026-10-06BarclaysUpgradeEqual-Weight → Overweight$22.00 → $23.00
2026-09-30UBSInitiatesNeutral$0.00 → $22.00
2026-08-04TD CowenMaintainsBuy$19.00 → $23.00
2026-07-31CitigroupMaintainsBuy$20.00 → $22.00
2026-07-30Truist SecuritiesMaintainsBuy$19.00 → $26.00
2026-07-30Evercore ISI GroupMaintainsOutperform$20.00 → $25.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-10-23

  • bearish: RSI (14): RSI is 70 — overbought territory; the recent run-up may be due for a pause.
  • bullish: Price vs 50-day MA: Trading 19.9% above the 50-day MA ($19.70).
  • bullish: Price vs 200-day MA: Trading 52.1% above the 200-day MA ($15.54).
  • bullish: MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • bullish: MACD (12,26,9): MACD histogram is positive (+0.23) — short-term momentum is improving.
  • bullish: 52-week range: Price is within 5% of the 52-week high ($24.06).

FTRE Price Chart

Loading chart for FTRE…

Fundamentals

Revenue (TTM)$3.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$5.51
Net Debt / EBITDA9.7
WACC13.0%
Revenue growth-4.00%
Earnings growth—

About Fortrea Holdings Inc.

Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical pharmacology, such as clinical research units, external partnerships, project management, study design and monitoring, bioanalytics and biomarkers, pharmacokinetics, modeling and simulation, and biometrics; and clinical development, including phase I through IV clinical and real-world evidence studies, regulatory affairs, protocol design, operational planning, study and site start-up, patient recruitment, project management, comprehensive site and medical monitoring, data management and biostatistics, pharmacovigilance, medical writing, and mobile clinical services. The company also provides consulting services comprising product development and regulatory, market access and health economics, and outcomes research, as well as RWE services. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.