Forrester Research, Inc. FORR
- Market cap
- $220.3M
- P/E
- 0.0×
Follow FORR
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27.05 | 34.95 | 36.19 | 30.76 | 22.45 | 36.41 | 32.73 | 22.27 | 14.38 | 6.60 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 44.40 | 47.75 | 50.00 | 51.75 | 50.00 | 60.90 | 59.97 | 39.09 | 27.11 | 15.99 |
High Price
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| 1,378 | 1,392 | 1,432 | 1,795 | 1,798 | 1,781 | 2,033 | 1,744 | 1,571 | 1,474 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 326 | 338 | 358 | 462 | 449 | 494 | 538 | 481 | 432 | 397 |
Revenue
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| 60.69% | 59.47% | 59.03% | 57.39% | 59.71% | 59.17% | 58.39% | 57.47% | 57.79% | 56.99% |
Gross Margin
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| 31 | 27 | 24 | (10) | 13 | 33 | 31 | 6 | 3 | (119) |
EBT
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| 9.42% | 8.11% | 6.58% | (2.08%) | 2.88% | 6.71% | 5.71% | 1.31% | 0.61% | (30.09%) |
EBT Margin
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| 18 | 15 | 15 | (10) | 10 | 25 | 22 | 3 | (6) | (119) |
Net Income
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| 9 | 8 | 9 | 45 | 44 | 37 | 37 | 32 | 30 | 132 |
Depreciation
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| 18.13 | 18.84 | 19.77 | 24.97 | 23.85 | 25.87 | 28.35 | 25.06 | 22.65 | 20.87 |
Revenue/Sh
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| 0.98 | 0.84 | 0.85 | (0.52) | 0.53 | 1.30 | 1.15 | 0.16 | (0.30) | (6.28) |
Earnings/Sh
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| 2.47 | 2.09 | 2.12 | 2.62 | 2.54 | 5.60 | 2.08 | 1.13 | (0.20) | 1.11 |
Cash Flow/Sh
|
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| (0.23) | (0.44) | (0.28) | (0.64) | (0.47) | (0.56) | (0.30) | (0.29) | (0.18) | (0.16) |
Capex/Sh
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| 2.24 | 1.65 | 1.84 | 1.97 | 2.06 | 5.04 | 1.78 | 0.84 | (0.38) | 0.95 |
Free CF/Sh
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| 8.34 | 7.88 | 8.38 | 8.55 | 9.87 | 10.67 | 11.69 | 12.52 | 12.02 | 6.65 |
Book Value/Sh
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| 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 |
Shares
|
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| 44.74 | 52.82 | 53.21 | 0.00 | 79.06 | 44.83 | 29.88 | 151.47 | 0.00 | 0.00 |
PE Ratio
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| 2.39 | 2.38 | 2.26 | 1.67 | 1.76 | 2.27 | 1.22 | 1.03 | 0.69 | 0.39 |
PS Ratio
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| 5.20 | 5.70 | 5.33 | 4.88 | 4.25 | 5.50 | 2.97 | 2.06 | 1.30 | 1.22 |
PB Ratio
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| 1.97 | 1.99 | 1.87 | 1.81 | 1.80 | 2.18 | 1.11 | 0.87 | 0.56 | 0.24 |
EV/Sales
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| 15.93 | 22.63 | 20.03 | 22.83 | 20.76 | 11.17 | 17.70 | 25.87 | (33.56) | 5.35 |
EV/FCF
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| 44 | 37 | 38 | 48 | 48 | 107 | 39 | 22 | (4) | 21 |
Op' Cash Flow
|
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| (4) | (8) | (5) | (12) | (9) | (11) | (6) | (5) | (3) | (3) |
Capex
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| 40 | 30 | 33 | 37 | 39 | 96 | 34 | 16 | (7) | 18 |
FCF
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| 46 | 42 | 46 | (77) | (53) | (43) | (34) | (24) | (3) | (27) |
Working Cap'
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| — | — | — | 131 | 108 | 88 | 64 | 35 | 35 | 35 |
Total Debt
|
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| (138) | (134) | (140) | 63 | 18 | (46) | (60) | (89) | (70) | (93) |
Net Debt
|
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| 150 | 141 | 152 | 158 | 186 | 204 | 222 | 240 | 230 | 127 |
Sh' Equity
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| 5.39% | 4.45% | 4.40% | (1.93%) | 1.56% | 3.75% | 3.38% | 0.52% | (1.08%) | (26.29%) |
ROA
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| 161.21% | 243.68% | 123.99% | (0.30%) | 4.97% | 15.32% | 12.60% | 2.80% | 0.29% | (208.84%) |
ROIC
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| 12.73% | 10.40% | 10.51% | (6.18%) | 5.81% | 12.75% | 10.25% | 1.32% | (2.45%) | (67.04%) |
ROE
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Forrester Research, Inc. (FORR) key facts
- Forrester Research, Inc. (FORR) is a Consulting Services company in the Industrials sector, listed on Nasdaq.
- Forrester Research, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $396.9 million, down 8.23% from fiscal 2024.
- As of September 25, 2026, FORR traded at $11.40, a market capitalization of $220.3 million.
- Return on equity was −67.0% and debt-to-equity 0.29.
Forrester Research, Inc. (FORR) Latest News
31 Aug
Forrester Research identifies flaws in current CX budget planning and outlines fixes for 2027 cycles. CX budget guidance aligns with Forrester's core research offerings and may modestly support client demand.
25 Aug
Forrester Research positions connection-building as retail's core future priority over checkout optimization, underscoring advisory insights on evolving consumer engagement models. Retail trend analysis may strengthen the firm's positioning as an industry advisor without altering core operations.
19 Aug
Forrester Research launches AI Disruption Model to evaluate artificial intelligence effects on technology and service markets. New AI model introduction strengthens Forrester's competitive edge in technology research services.
6 Aug
US Department of the Air Force selects Forrester Research to expand enterprise access to research, advisory services, and AI-enabled insights. Air Force contract win adds revenue and strengthens Forrester's government advisory positioning.
3 Aug
Forrester (FORR) released its Q2 2026 earnings call transcript covering financial results and operations. Q2 2026 earnings details directly influence FORR stock trajectory and investor sentiment.
31 Jul
Forrester Research Inc reported Q2 2026 earnings with AI adoption surging alongside revenue growth. Surging AI adoption signals major strategic momentum that can reshape Forrester's market position and growth trajectory.
30 Jul
Forrester Research, Inc. conducted its Q2 2026 earnings call, covering financial results, operational updates, and forward guidance for the company. Q2 2026 earnings figures and outlook directly shape investor views and company valuation.
Forrester Research, Inc. (FORR) held its Q2 2026 earnings call, covering quarterly financial results, business performance metrics, and forward-looking guidance. Earnings call delivers quarterly results and guidance that can shift near-term investor sentiment and stock movement.
Forrester Research held its Q2 earnings call, covering financial results, performance metrics, and forward-looking guidance for the company. Q2 earnings call delivers financial metrics and guidance that can moderately shift investor views and near-term stock movement.
Forrester Research (FORR) exceeded Q2 earnings and revenue estimates. Q2 earnings and revenue beat indicates stronger than expected quarterly results.
Forrester Research reported its 2026 second-quarter financial results. Quarterly earnings release delivers performance metrics that may shift near-term investor views.
17 Jul
Software budgets are poised to surge amid rising AI costs according to expert warnings. Rising AI-driven software spending trends may increase demand for Forrester market research and advisory services.
15 Jul
Forrester releases 2027 Budget Planning Guides indicating business and tech leaders are shifting from a year of caution to renewed investment readiness. Guides signal renewed client spending that supports Forrester's core research and advisory revenue.
10 Jul
IT departments continue purchasing technology solutions despite prevailing market sell-offs, sustaining demand for Forrester Research insights and services. Sustained IT buying amid market weakness supports ongoing demand for Forrester advisory and research offerings without signaling major shifts.
9 Jul
IT buyers sustain acquisitions of Forrester Research offerings as market sellers offload FORR shares. Persistent IT demand for Forrester services offsets share selling and supports revenue stability without altering long-term trajectory.
24 Jun
Forrester states nine out of ten US marketing agencies employ AI for cost reduction, sacrificing creativity in the process. Forrester AI research report boosts its visibility as industry analyst in high-growth tech area.
15 Jun
DataDome earns leader position in Forrester Research report on Bot and Agent Trust Management, a category created by growth of AI agents. Forrester's creation and leadership placement in the new Bot and Agent Trust Management category strengthens its AI research positioning.
9 Jun
Forrester Research unveiled the top 10 highest-performing brands from its 2026 Global Total Experience Score Rankings at CX Events. Releasing proprietary brand rankings at CX events raises Forrester visibility and supports consulting demand.
7 May
Forrester Research, Inc. (FORR) released its Q1 2026 earnings call summary, highlighting financial results, revenue updates, and forward guidance. Q1 earnings call summary discloses financial performance and outlook that significantly influence investor sentiment and stock trajectory.
6 May
Forrester Research (FORR) Q1 earnings key metrics compared against estimates, highlighting performance in revenue, EPS, and other financial indicators. Q1 earnings metrics versus estimates signal potential shifts in financial health and investor confidence, significantly impacting future performance.
Forrester Research, Inc. (FORR) released its Q1 2026 earnings call transcript detailing quarterly financial performance, management discussion, and forward guidance. Q1 2026 earnings transcript discloses financial results and strategic outlook directly impacting investor sentiment and market valuation.
Forrester Research, Inc. (FORR) reported first-quarter 2026 financial results. Quarterly financial results reporting significantly influences FORR's financial performance, investor sentiment, and market trajectory.
Forrester Research (FORR) reported a Q1 loss but topped revenue estimates. Q1 loss despite revenue beat moderately affects financial performance and market sentiment.
Forrester Research released Q1 earnings call highlights, covering financial results, revenue growth, profitability metrics, and forward guidance amid market challenges. Q1 earnings highlights provide insights into financial performance and outlook with moderate influence on investor sentiment and stock trajectory.
29 Apr
Forrester Research (FORR) earnings expected to grow ahead of next week's release, highlighting key factors to watch. Expected earnings growth previews financial performance, influencing short-term market sentiment and investor expectations.
28 Apr
Forrester Research, Inc. launched the Forrester AI Agent for Microsoft 365 Copilot, integrating research-driven insights directly into leaders' workflows to enhance decision-making and productivity. Launching an AI agent for Microsoft 365 Copilot integrates Forrester's research expertise into a major enterprise platform, driving potential revenue growth and strengthening competitive positioning in AI-driven analytics.
27 Apr
Forrester Research identifies the GTM Singularity as a disruptive force collapsing traditional go-to-market approaches, urging companies to adapt strategies amid converging sales, marketing, and customer success functions. Forrester's announcement of the GTM Singularity positions it as a thought leader in evolving market dynamics, moderately boosting its research relevance and competitive edge.
16 Apr
Forrester Research unveils its Top 10 Emerging Technologies for 2026, spotlighting AI's expansion beyond digital workflows into broader applications. Forrester's prominent tech trends report bolsters its thought leadership and could moderately lift market sentiment and subscription interest.
15 Apr
Forrester Research lists its Top 10 Emerging Technologies for 2026, with AI expanding beyond digital workflows into physical operations, customer experience, security, sustainability, and more. Forrester's prominent annual technology report bolsters its thought leadership and drives demand for research subscriptions.
2 Apr
Three years into generative AI adoption, enterprises continue chasing its true transformative value, per Forrester Research. Forrester's GenAI analysis reinforces its research authority amid enterprise tech challenges.