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Fortrea Holdings Inc.

FTREยทNASDAQ

$15.63

+1.8%
HealthcareBiotechnology

Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. It operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical trial management, differentiated technology enabled trial solutions, and post approval services. The company serves pharmaceutical, biotechnology, and medical device organizations. Fortrea Holdings Inc. was incorporated in 2023 and is based in Durham, North Carolina.

At a Glance

Live Snapshot
Market Cap$1.48B
EPS-10.8100
P/E Ratio-1.45
Earnings Date08/05/2026
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Fortrea Holdings Inc. Street Expectations Map

FTRE ยท NASDAQ

Wall Street analysts project that FTRE stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 18.57, with estimates ranging from a low of 14.00 to a high of 25.00.

Lowest Target
14.00
-10.43%
Consensus Target
18.57
18.81%
Highest Target
25.00
59.95%

The consensus 1-year price target stands at 18.57, with estimates ranging from a low of 14.00 to a high of 25.00.

Analyst Consensus Analysis

Upside Potential

+18.8%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

59.2% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

5.75x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Fortrea Holdings Inc. Forward Estimates of Revenue

FTRE ยท NASDAQ
Latest Revenue
2.72B
FY 2025
Avg Estimate
2.73B
FY 2026
Estimate Range
2.63B - 2.81B
Analyst Spread

Forward Growth Analysis

Projected Growth+0.3%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Fortrea Holdings Inc. Forward Estimates of Net Income

FTRE ยท NASDAQ
Latest Net Income
-986.20M
FY 2025
Avg Estimate
69.72M
FY 2026
Estimate Range
57.30M - 82.14M
Analyst Spread

Forward Growth Analysis

Projected Growth+107.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread36%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Fortrea Holdings Inc. Forward Estimates of EPS

FTRE ยท NASDAQ
Latest EPS
-10.81
FY 2025
Avg Estimate
$0.78
FY 2026
Estimate Range
$0.64 - $0.92
Analyst Spread

Forward Growth Analysis

Projected Growth+107.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread36%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Fortrea Holdings Inc. Forward Estimates of EBIT

FTRE ยท NASDAQ
Latest EBIT
-891.60M
FY 2025
Avg Estimate
59.05M
FY 2026
Estimate Range
56.87M - 60.79M
Analyst Spread

Forward Growth Analysis

Projected Growth+106.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Fortrea Holdings Inc. Forward Estimates of EBITDA

FTRE ยท NASDAQ
Latest EBITDA
-813.60M
FY 2025
Avg Estimate
168.41M
FY 2026
Estimate Range
162.19M - 173.38M
Analyst Spread

Forward Growth Analysis

Projected Growth+120.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Fortrea Holdings Inc. Forward Estimates of SG&A Expense

FTRE ยท NASDAQ
Latest SG&A Expense
456.40M
FY 2025
Avg Estimate
390.61M
FY 2026
Estimate Range
376.19M - 402.14M
Analyst Spread

Forward Growth Analysis

Projected Growth-14.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Fortrea Holdings Inc. Insider Positioning

FTRE ยท NASDAQ

During the last 12 months, insiders have purchased $507K and sold $316K worth of FTRE shares, resulting in $191K of net buying activity.

3 Months

Bought

0

0.00

Sold

6.6K

68.74K

Net Activity

-69K

-$69K

3-6 Months

Bought

0

0.00

Sold

589

8.04K

Net Activity

-8K

-$8K

6-9 Months

Bought

0

0.00

Sold

15.9K

160.78K

Net Activity

-161K

-$161K

9-12 Months

Bought

72.4K

507.17K

Sold

9.8K

78.27K

Net Activity

+429K

+$429K

Top Buyers

1
NPM

Neupert Peter M

Director

62.5K sharesโ€ข2 transactions

$407K

2
REL

Russell Erin L

Director

9.9K sharesโ€ข1 transactions

$100K

Top Sellers

1
PR

Parks Robert

Officer: Chief Accounting Officer

10.9K sharesโ€ข4 transactions

$115K

2
MMA

Morais Mark A.

Officer: Chief Operating Officer

10.4K sharesโ€ข4 transactions

$96K

3
MJG

Mcconnell Jill G.

Officer: Chief Financial Officer

9.8K sharesโ€ข3 transactions

$88K

4
HJS

Hanson James S.

Officer: General Counsel

1.7K sharesโ€ข1 transactions

$17K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $191K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.61:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Recent Trend (3 Months)

$69K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Moderate Selling

4 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.