Fortrea Holdings Inc. FTRE
- Market cap
- $1.9B
- P/E
- 0.0×
Follow FTRE
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | 24.93 | 16.53 | 3.97 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | — | — | 37.30 | 41.02 | 20.26 |
High Price
|
|||
| — | — | — | — | — | — | 19,000 | 18,000 | 15,500 | 14,300 |
Employees
|
|||
| — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| — | — | — | — | 2,580 | 3,058 | 2,837 | 2,843 | 2,696 | 2,723 |
Revenue
|
|||
| — | — | — | — | 14.34% | 19.77% | 25.53% | 20.78% | 19.81% | 18.50% |
Gross Margin
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| — | — | — | — | (332) | 136 | 187 | (30) | (275) | (983) |
EBT
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|||
| — | — | — | — | (12.87%) | 4.46% | 6.59% | (1.07%) | (10.20%) | (36.09%) |
EBT Margin
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| — | — | — | — | (359) | 98 | 186 | (25) | (328) | (986) |
Net Income
|
|||
| — | — | — | — | 156 | 166 | 103 | 111 | 111 | 876 |
Depreciation
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|||
| — | — | — | — | 28.99 | 34.43 | 31.95 | 32.01 | 30.13 | 29.86 |
Revenue/Sh
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| — | — | — | — | (4.05) | 1.10 | 2.10 | (0.04) | (3.67) | (10.81) |
Earnings/Sh
|
|||
| — | — | — | — | 2.26 | 1.91 | 0.93 | 1.90 | 2.94 | 1.24 |
Cash Flow/Sh
|
|||
| — | — | — | — | 0.00 | (0.29) | (0.61) | (0.36) | (0.28) | (0.28) |
Capex/Sh
|
|||
| — | — | — | — | 2.26 | 1.62 | 0.32 | 1.54 | 2.66 | 0.97 |
Free CF/Sh
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|||
| — | — | — | — | 0.00 | 0.00 | 37.64 | 19.30 | 15.22 | 6.18 |
Book Value/Sh
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| — | — | — | — | 89 | 89 | 89 | 89 | 90 | 91 |
Shares
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|||
| — | — | — | — | 17.99 | 17.99 | 17.99 | 0.00 | 0.00 | 0.00 |
PE Ratio
|
|||
| — | — | — | — | 0.00 | 0.00 | 0.00 | 1.08 | 0.62 | 0.58 |
PS Ratio
|
|||
| — | — | — | — | 0.78 | 0.78 | 0.78 | 1.79 | 1.23 | 2.79 |
PB Ratio
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|||
| — | — | — | — | 0.00 | 0.00 | 0.00 | 1.60 | 0.99 | 0.90 |
EV/Sales
|
|||
| — | — | — | — | 171.23 | 171.23 | 171.23 | 33.26 | 11.25 | 27.76 |
EV/FCF
|
|||
| — | — | — | — | 201 | 170 | 83 | 168 | 263 | 114 |
Op' Cash Flow
|
|||
| — | — | — | — | (24) | (26) | (54) | (32) | (25) | (25) |
Capex
|
|||
| — | — | — | — | 201 | 144 | 29 | 137 | 238 | 88 |
FCF
|
|||
| — | — | — | — | — | 291 | 548 | 472 | (1) | (16) |
Working Cap'
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|||
| — | — | — | — | — | 77 | 63 | 1,592 | 1,125 | 1,053 |
Total Debt
|
|||
| — | — | — | — | — | (18) | (49) | 1,483 | 1,006 | 878 |
Net Debt
|
|||
| — | — | — | — | — | 0 | 3,343 | 1,714 | 1,362 | 564 |
Sh' Equity
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|||
| — | — | — | — | 0.00% | 0.00% | 8.68% | (0.58%) | (8.30%) | (31.33%) |
ROA
|
|||
| — | — | — | — | — | 0.00% | 3.55% | 0.63% | (4.27%) | (37.83%) |
ROIC
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| — | — | — | — | 0.00% | 0.00% | 5.64% | (1.00%) | (21.36%) | (102.41%) |
ROE
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Fortrea Holdings Inc. peers in Biotechnology
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ZYME Zymeworks Inc. | $1.9B | 0.0× | Compare |
| SRPT Sarepta Therapeutics, Inc. | $2.0B | 0.0× | Compare |
| BHVN Biohaven Ltd. | $2.0B | 0.0× | Compare |
| LKFT Lakefront Biotherapeutics - Sponsored ADR | $2.0B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MRVI Maravai LifeSciences Holdings, Inc. | $2.0B | 0.0× | Compare |
| ABSI Absci Corporation | $1.8B | 0.0× | Compare |
| VIR Vir Biotechnology, Inc. | $1.8B | 0.0× | Compare |
| AGIO Agios Pharmaceuticals, Inc. | $2.0B | 0.0× | Compare |
Fortrea Holdings Inc. (FTRE) key facts
- Fortrea Holdings Inc. (FTRE) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- Fortrea Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 1.00% from fiscal 2024.
- As of September 25, 2026, FTRE traded at $19.89, a market capitalization of $1.9 billion.
- Return on equity was −102.4% and debt-to-equity 2.01.
Fortrea Holdings Inc. (FTRE) Latest News
26 Sep
Fortrea Holdings' stock has jumped about 129% over the past year, focusing scrutiny on whether the rally is supported by cash flow. Management’s plan to buy Worldwide Clinical Trials’ early-phase services arm could lift early-stage cash generation, but would raise integration costs and shift capital needs. A 0.7x price-to-sales multiple is cited, and a Discounted Cash Flow model suggests intrinsic value well above the current $19.89 share price, though the acquisition adds complexity that could pull actual cash delivery off the forecast path. The Simply Wall St narrative sets out bull and bear cases, with bear risks including regulatory barriers and pricing reforms. Insider trading activity around Fortrea is also noted. In short, the article weighs whether the run is justified by fundamentals or optimism and how the deal could recalibrate Fortrea’s value trajectory. The planned acquisition could materially alter Fortrea's cash flow profile and investment needs, signaling a significant strategic shift.
23 Sep
Fortrea Holdings Inc. (FTRE), spun off from Labcorp in 2023 to focus on clinical research services, is highlighted as the 'One Small-Cap Stock to Sell' in a StockStory piece. The article argues it's risky due to end-market headwinds and negative returns on capital; sales declined about 3% annually over the past five years, and eroding returns suggest that recent investments are destroying value from an already low base. Fortrea trades around $20.44 per share, roughly 21.4x forward earnings. The piece contrasts FTRE with two other small caps to watch, AAR and Magnolia Oil & Gas, framing the sector as high risk/high reward and emphasizing how AI-driven stock picks have outpaced past winners. The tone is cautionary, urging investors to consider the structural challenges facing FTRE before investing. End-market weakness and eroding returns imply a moderately noticeable impact on FTRE's sentiment and future performance.
22 Sep
Fortrea Holdings announced a $45 million deal to buy Worldwide Clinical Trials’ early-phase services division, expanding its end-to-end clinical development platform to cover first-in-human studies through post-approval evidence. The package includes a clinical pharmacology unit, bioanalytical labs and biospecimen storage, strengthening Fortrea’s ability to offer a one-stop CRO shop. The move is part of a broader CRO consolidation trend that has included Worldwide’s acquisition of Catalyst Clinical Research and deals by ICON, PRA Health Sciences and Thermo Fisher, among others. Proponents argue that integrated platforms reduce vendor handoffs and speed timelines, especially for small biotechs. Critics warn mergers can disrupt continuity, dilute specialized expertise, and raise costs. Analysts see ongoing consolidation as reshaping the CRO landscape, with potential benefits and risks for sponsors and Fortrea’s growth trajectory. Adds early-phase capabilities and a one-stop platform, potentially boosting wins and throughput but carries integration and continuity risks.
2 Sep
Fortrea Holdings Inc. (FTRE) will acquire Clinical Pharmacology Unit and Bioanalytical Laboratory Operations from Worldwide Clinical Trials. Acquisition expands Fortrea's clinical pharmacology and bioanalytical capabilities as a major strategic move.
25 Aug
Fortrea Holdings Inc. (FTRE) reported Q2 earnings, triggering analysis on whether investors should buy, sell, or hold the stock amid resulting financial and operational updates. Q2 earnings disclosure offers moderate insight into financial performance that may shift near-term investor views without fundamentally redefining company trajectory.
13 Aug
Fortrea Holdings Inc. (FTRE) healthcare services stock carries 37% upside potential per recent analysis. Positive analyst upside projection may lift short-term FTRE market sentiment without altering core operations.
11 Aug
Fortrea Holdings Inc. (FTRE) shows progress in its turnaround efforts. Turnaround traction indicates major strategic progress that can significantly shift company trajectory and investor views.
9 Aug
Fortrea Holdings (FTRE) beat earnings expectations, but questions remain on whether the positive results are already reflected in the stock price. Earnings beat signals better financial performance yet offers limited new trajectory shift if already priced in.
Fortrea Holdings raised its 2026 revenue guidance while announcing a CFO transition, raising questions about potential shifts in its investment narrative. Higher revenue guidance improves forward outlook while CFO change creates moderate leadership uncertainty for operations.
7 Aug
Fortrea Holdings Inc. (FTRE) released its Q2 2026 earnings call transcript covering financial results, operational updates, and forward guidance. Earnings call transcripts contain detailed financial metrics and outlook that frequently drive material changes in valuation and investor positioning.
29 Jul
Fortrea Holdings Inc (FTRE) issued strong revenue guidance in its Q2 2026 earnings call. Strong revenue guidance points to improved financial outlook and positive market reaction for Fortrea Holdings Inc.
Fortrea Holdings Inc. (FTRE) reported strong Q2 CY2026 results with optimistic full-year sales guidance. Strong quarterly results and optimistic guidance signal improved financial performance likely to boost Fortrea's trajectory and investor sentiment.
Fortrea Holdings Inc. (FTRE) released highlights from its Q2 earnings call covering financial results and operations. Q2 earnings highlights typically deliver moderate updates on results that influence near-term sentiment without major strategic shifts.
Fortrea Holdings Inc. reported its second quarter 2026 financial results. Quarterly earnings releases deliver financial performance data that can move stock price and sentiment in the near term.
28 Jul
Fortrea Holdings Inc. (FTRE) earnings report requires focus on revenue, EPS, margins, and forward guidance as key indicators for performance assessment. Earnings previews can moderately affect near-term stock movement through updated expectations on financial results.
11 Jul
Fortrea Holdings Inc. (FTRE) stock surged 248% yet continues to screen as undervalued on valuation metrics. FTRE's large price run-up combined with cheap screening metrics may lift near-term investor sentiment and share demand.
9 Jun
Fortrea Holdings Inc. (FTRE) share price has rallied strongly over multiple months, leading to a valuation assessment that weighs current pricing against fundamentals and future prospects. Valuation review after multi-month rally can shift near-term investor sentiment and trading without altering company fundamentals.
15 May
Fortrea Holdings Inc. (FTRE) Q1 earnings call addresses top 5 analyst questions on financial performance, strategic outlook, and operational challenges. Q1 earnings call highlights influence financial performance and investor sentiment without fundamentally altering long-term trajectory.
6 May
Fortrea (FTRE) reports shrinking losses despite flat sales, raising questions about its path to sustainable profitability. Shrinking losses with flat sales moderately affect financial performance and profitability outlook without fundamental shifts.
5 May
Fortrea Holdings Inc. (FTRE) Q1 earnings call highlighted financial results, operational updates, and forward guidance for the contract research organization. Q1 earnings highlights disclose financial performance, strategic initiatives, and outlook directly influencing investor sentiment and stock trajectory.
Fortrea Holdings Inc. released Q1 2026 earnings call summary detailing financial performance, operational updates, and forward guidance. Q1 2026 earnings summary provides critical financial results and outlook that significantly shape investor expectations and stock trajectory.
Fortrea Holdings Inc. (FTRE) Q1 2026 earnings call transcript details quarterly financial results, operational updates, management commentary, and forward-looking guidance. Quarterly earnings transcripts disclose financial metrics, strategic updates, and guidance that significantly sway investor sentiment and stock trajectory.
Fortrea Holdings Inc. (FTRE) Q1 CY2026 sales beat estimates, driving stock to soar. Q1 sales beat signals strong financial performance and boosts investor sentiment significantly.
Fortrea Holdings Inc. (FTRE) reported first quarter 2026 results. Quarterly earnings reports significantly impact financial performance and stock trajectory.
Fortrea Holdings Inc. (FTRE) reported first-quarter earnings that surpassed analyst estimates. Exceeding Q1 earnings estimates boosts short-term investor sentiment and financial outlook without fundamentally altering long-term trajectory.
4 May
Fortrea Holdings Inc. (FTRE) Q1 earnings preview anticipates key metrics like revenue growth, adjusted EPS around $0.50-$0.60, and updates on clinical trial services amid contract backlog and margin pressures. Q1 earnings expectations can noticeably influence investor sentiment and stock volatility prior to actual results release.
28 Apr
Fortrea Holdings Inc. (FTRE) will report earnings next week, with Wall Street expecting growth. Upcoming earnings report with expected growth can moderately influence financial performance and market sentiment.
14 Apr
Fortrea Holdings Inc. (FTRE) presents three compelling reasons for investors to steer clear, alongside a recommended alternative stock to buy. Bearish analysis outlines risks to FTRE that may erode investor sentiment and short-term performance.
7 Apr
Fortrea Holdings Inc. (FTRE) unveils Fortrea Intelligent Technology™, a new platform to enable sponsors and clinical trial sites to run smarter, more integrated trials. Unveiling Fortrea Intelligent Technology™ launches a major innovation in clinical trial efficiency, poised to strengthen competitive positioning and drive growth.
18 Mar
Fortrea Holdings Inc. (FTRE) stock surged today amid positive investor reaction to recent developments boosting market sentiment. Stock price increase signals moderate boost to investor confidence and short-to-medium term performance without fundamental overhaul.