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Industrials - Consulting Services - NASDAQ - US
$ 16.09
-3.77 %
$ 306 M
Market Cap
-45.97
P/E
1. INTRINSIC VALUE

Forrester Research, Inc. operates as an independent research and advisory services company. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research portfolio services include Forrester Research, SiriusDecisions Research, and Forrester Decisions, which are designed to provide business and technology leaders with a proven path to growth through customer obsession. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations through online access.[ Read More ]

The intrinsic value of one FORR stock under the base case scenario is HIDDEN Compared to the current market price of 16.1 USD, Forrester Research, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FORR

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FINANCIALS
481 M REVENUE
-10.60%
6.77 M OPERATING INCOME
-79.28%
3.05 M NET INCOME
-86.01%
21.7 M OPERATING CASH FLOW
-45.03%
-36.8 M INVESTING CASH FLOW
-439.46%
-18.3 M FINANCING CASH FLOW
52.92%
103 M REVENUE
-15.84%
1.98 M OPERATING INCOME
-82.62%
-5.8 M NET INCOME
-92.15%
264 K OPERATING CASH FLOW
109.08%
7.45 M INVESTING CASH FLOW
63.38%
-4.77 M FINANCING CASH FLOW
-19.32%
Balance Sheet Decomposition Forrester Research, Inc.
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Current Assets 216 M
Cash & Short-Term Investments 124 M
Receivables 59 M
Other Current Assets 32.5 M
Non-Current Assets 348 M
Long-Term Investments 0
PP&E 59.1 M
Other Non-Current Assets 289 M
Current Liabilities 240 M
Accounts Payable 1.8 M
Short-Term Debt 14.2 M
Other Current Liabilities 224 M
Non-Current Liabilities 83.8 M
Long-Term Debt 72.7 M
Other Non-Current Liabilities 11.2 M
EFFICIENCY
Earnings Waterfall Forrester Research, Inc.
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Revenue 481 M
Cost Of Revenue 225 M
Gross Profit 256 M
Operating Expenses 258 M
Operating Income 6.77 M
Other Expenses 3.72 M
Net Income 3.05 M
RATIOS
53.22% GROSS MARGIN
53.22%
1.41% OPERATING MARGIN
1.41%
0.63% NET MARGIN
0.63%
1.27% ROE
1.27%
0.54% ROA
0.54%
1.19% ROIC
1.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Forrester Research, Inc.
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Net Income 3.05 M
Depreciation & Amortization 32.1 M
Capital Expenditures -5.5 M
Stock-Based Compensation 15.5 M
Change in Working Capital -24.4 M
Others -39.6 M
Free Cash Flow 16.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Forrester Research, Inc.
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FORR has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.2 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Forrester Research, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
99.1 K USD 2
6-9 MONTHS
270 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 05, 2024
Sell 13.5 K USD
Facemire Michael
Chief Technology Officer
- 719
18.76 USD
3 months ago
Aug 02, 2024
Sell 14.5 K USD
Darrah Ryan
Chief Legal Officer
- 761
19.069 USD
3 months ago
Aug 05, 2024
Sell 71.1 K USD
Darrah Ryan
Chief Legal Officer
- 3895
18.2643 USD
9 months ago
Feb 13, 2024
Sell 270 K USD
Galford Robert
Director
- 13000
20.7336 USD
1 year ago
Aug 07, 2023
Sell 38.5 K USD
Peltzman Steven P.
CBTO
- 1200
32.0539 USD
1 year ago
Aug 07, 2023
Sell 3.18 K USD
Chouinard Scott
Chief Accounting Officer
- 100
31.78 USD
1 year ago
Aug 03, 2023
Sell 35.8 K USD
Johnson Carrie
Chief Product Officer
- 1117
32.0098 USD
1 year ago
Aug 01, 2023
Sell 65 K USD
Johnson Carrie
Chief Product Officer
- 2007
32.41 USD
1 year ago
Aug 01, 2023
Sell 60.3 K USD
Johnson Carrie
Chief Product Officer
- 1883
32 USD
1 year ago
Aug 01, 2023
Sell 90.5 K USD
Darrah Ryan
Chief Legal Officer
- 2835
31.94 USD
1 year ago
May 16, 2023
Sell 47.3 K USD
Friscia Anthony J
Director
- 1850
25.541 USD
1 year ago
Mar 07, 2023
Sell 74.9 K USD
Peltzman Steven P.
CBTO
- 2206
33.9465 USD
1 year ago
Mar 03, 2023
Sell 6.8 K USD
Chouinard Scott
Chief Accounting Officer
- 200
33.9977 USD
1 year ago
Feb 13, 2023
Sell 249 K USD
Galford Robert
Director
- 7500
33.142 USD
1 year ago
Dec 15, 2022
Sell 34.5 K USD
Lee Alicia
Chief Consulting Officer
- 1000
34.5447 USD
1 year ago
Nov 21, 2022
Sell 69.5 K USD
Johnson Carrie
Chief Product Officer
- 2000
34.75 USD
2 years ago
Nov 10, 2022
Sell 117 K USD
Johnson Carrie
Chief Product Officer
- 3253
35.85 USD
2 years ago
Nov 01, 2022
Sell 9.46 K USD
Johnson Carrie
Chief Product Officer
- 223
42.4 USD
2 years ago
Aug 12, 2022
Sell 371 K USD
Hippler Kelley
Chief Sales Officer
- 8250
45.0204 USD
2 years ago
Aug 04, 2022
Sell 22.5 K USD
Hippler Kelley
Chief Sales Officer
- 500
45 USD
2 years ago
Aug 01, 2022
Sell 23.6 K USD
Chouinard Scott
Chief Accounting Officer
- 500
47.279 USD
2 years ago
Aug 01, 2022
Sell 104 K USD
Johnson Carrie
Chief Product Officer
- 2178
47.53 USD
2 years ago
May 27, 2022
Sell 74.3 K USD
Lee Alicia
Chief Consulting Officer
- 1428
52 USD
2 years ago
May 10, 2022
Sell 101 K USD
Boyce David
director:
- 2000
50.53 USD
2 years ago
Nov 22, 2021
Sell 60 K USD
Teichgraeber Gretchen
Director
- 1000
59.95 USD
3 years ago
Nov 09, 2021
Sell 39.4 K USD
Darrah Ryan
Chief Legal Officer
- 672
58.6 USD
3 years ago
Nov 08, 2021
Sell 491 K USD
Chouinard Scott
Chief Accounting Officer
- 8375
58.637 USD
3 years ago
Nov 08, 2021
Sell 301 K USD
Hippler Kelley
Chief Sales Officer
- 5125
58.6759 USD
3 years ago
Nov 08, 2021
Sell 117 K USD
Teichgraeber Gretchen
Director
- 2000
58.6233 USD
3 years ago
Nov 08, 2021
Sell 69.7 K USD
Johnson Carrie
Chief Research Officer
- 1200
58.1078 USD
3 years ago
Nov 08, 2021
Sell 19.2 K USD
Johnson Carrie
Chief Research Officer
- 331
58.1 USD
3 years ago
Sep 03, 2021
Sell 48.5 K USD
Teichgraeber Gretchen
Director
- 1000
48.5 USD
3 years ago
Sep 02, 2021
Sell 24 K USD
Teichgraeber Gretchen
Director
- 500
48 USD
3 years ago
Aug 30, 2021
Sell 24 K USD
Teichgraeber Gretchen
Director
- 500
48.08 USD
3 years ago
Aug 31, 2021
Sell 126 K USD
Peltzman Steven P.
CBTO
- 2635
47.8164 USD
3 years ago
Aug 30, 2021
Sell 129 K USD
Darrah Ryan
Chief Legal Officer
- 2697
48 USD
3 years ago
Aug 30, 2021
Sell 41 K USD
Boyce David
Director
- 850
48.195 USD
3 years ago
Aug 27, 2021
Sell 14.2 K USD
Teichgraeber Gretchen
Director
- 300
47.5 USD
3 years ago
Aug 27, 2021
Sell 186 K USD
Johnson Carrie
Chief Research Officer
- 3915
47.5 USD
3 years ago
Aug 26, 2021
Bought 204 K USD
BRADFORD NEIL
Director
+ 4450
45.9404 USD
3 years ago
Aug 20, 2021
Sell 13.8 K USD
Teichgraeber Gretchen
Director
- 300
46 USD
3 years ago
Aug 06, 2021
Sell 25.3 K USD
Johnson Carrie
Chief Research Officer
- 552
45.9 USD
3 years ago
Aug 05, 2021
Sell 45.3 K USD
Chouinard Scott
Chief Accounting Officer
- 1000
45.2655 USD
3 years ago
Aug 02, 2021
Sell 137 K USD
Galford Robert
Director
- 3000
45.8134 USD
3 years ago
May 24, 2021
Sell 60 K USD
Wassenaar Yvonne
Director
- 1365
43.93 USD
3 years ago
Mar 05, 2021
Sell 23.1 K USD
Kottmann Sherri
Chief People Officer
- 500
46.1795 USD
3 years ago
Mar 01, 2021
Sell 46 K USD
Teichgraeber Gretchen
Director
- 1000
46.0225 USD
3 years ago
Feb 25, 2021
Sell 22.7 K USD
Teichgraeber Gretchen
Director
- 500
45.4 USD
3 years ago
Feb 26, 2021
Sell 91 K USD
Teichgraeber Gretchen
Director
- 2000
45.5 USD
3 years ago
Feb 26, 2021
Sell 68.3 K USD
Teichgraeber Gretchen
Director
- 1500
45.5126 USD
3 years ago
Feb 23, 2021
Sell 103 K USD
Teichgraeber Gretchen
Director
- 2342
43.95 USD
3 years ago
Feb 24, 2021
Sell 171 K USD
Teichgraeber Gretchen
Director
- 3869
44.3153 USD
3 years ago
Feb 16, 2021
Sell 72.9 K USD
Teichgraeber Gretchen
Director
- 1658
43.9672 USD
3 years ago
Dec 15, 2020
Sell 338 K USD
DOYLE MICHAEL A
Chief Financial Officer
- 7900
42.7712 USD
3 years ago
Dec 14, 2020
Sell 168 K USD
DOYLE MICHAEL A
Chief Financial Officer
- 3900
43.0555 USD
3 years ago
Dec 15, 2020
Sell 342 K USD
Galford Robert
Director
- 8000
42.7225 USD
3 years ago
Dec 14, 2020
Sell 172 K USD
Galford Robert
Director
- 4000
43.0657 USD
3 years ago
Dec 14, 2020
Sell 22 K USD
Teichgraeber Gretchen
Director
- 500
43.994 USD
3 years ago
Dec 07, 2020
Sell 264 USD
Teichgraeber Gretchen
Director
- 6
44 USD
3 years ago
Nov 24, 2020
Sell 88 K USD
Teichgraeber Gretchen
Director
- 2000
44 USD
3 years ago
Nov 24, 2020
Sell 38.3 K USD
Johnson Carrie
Chief Research Officer
- 871
43.95 USD
4 years ago
Nov 10, 2020
Sell 153 K USD
Chouinard Scott
Chief Accounting Officer
- 3753
40.87 USD
4 years ago
Nov 10, 2020
Sell 189 K USD
Chouinard Scott
Chief Accounting Officer
- 4625
40.87 USD
4 years ago
Nov 10, 2020
Sell 115 K USD
Chouinard Scott
Chief Accounting Officer
- 2795
41.0067 USD
4 years ago
Nov 06, 2020
Sell 98.2 K USD
Hippler Kelley
Chief Sales Officer
- 2500
39.2694 USD
4 years ago
Nov 06, 2020
Sell 59.9 K USD
Johnson Carrie
Chief Research Officer
- 1500
39.96 USD
4 years ago
Nov 03, 2020
Sell 545 K USD
DOYLE MICHAEL A
Chief Financial Officer
- 14000
38.8987 USD
4 years ago
Nov 02, 2020
Sell 75.5 K USD
Boyce David
Director
- 2000
37.75 USD
4 years ago
Nov 02, 2020
Sell 103 K USD
Peltzman Steven P.
CBTO
- 2710
38.16 USD
4 years ago
Sep 09, 2020
Sell 105 K USD
Peltzman Steven P.
CBTO
- 3000
35.1 USD
4 years ago
Aug 11, 2020
Sell 56.2 K USD
Johnson Carrie
Chief Research Officer
- 1500
37.5 USD
4 years ago
Aug 07, 2020
Sell 7.39 K USD
Johnson Carrie
Chief Research Officer
- 200
36.95 USD
4 years ago
Aug 03, 2020
Sell 108 K USD
Teichgraeber Gretchen
Director
- 3006
36 USD
4 years ago
Mar 04, 2020
Sell 49.4 K USD
Hippler Kelley
Chief Sales Officer
- 1335
37 USD
4 years ago
Dec 12, 2019
Sell 44.6 K USD
Teichgraeber Gretchen
Director
- 1075
41.5 USD
4 years ago
Mar 04, 2020
Sell 49.4 K USD
Hippler Kelley
Chief Sales Officer
- 1335
37 USD
4 years ago
Feb 18, 2020
Sell 68.3 K USD
Hippler Kelley
Chief Sales Officer
- 1625
42.0121 USD
4 years ago
Dec 10, 2019
Sell 19.8 K USD
Chouinard Scott
Chief Accounting Officer
- 500
39.5 USD
4 years ago
Dec 12, 2019
Sell 44.6 K USD
Teichgraeber Gretchen
Director
- 1075
41.5 USD
4 years ago
Dec 10, 2019
Sell 19.8 K USD
Chouinard Scott
Chief Accounting Officer
- 500
39.5 USD
7. News
Forrester Research, Inc. (FORR) Q3 2024 Earnings Call Transcript Forrester Research, Inc. (NASDAQ:FORR ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Ed Bryce Morris - Vice President of Corporate Development and Investor Relations George Colony - Chief Executive Officer Chris Finn - Chief Financial Officer Nate Swan - Chief Sales Officer Carrie Johnson - Chief Product Officer Conference Call Participants Andrew Nicholas - William Blair Anja Soderstrom - Sidoti & Company, LLC Vincent Colicchio - Barrington Research Associates Operator Good afternoon and thank you for standing by. Welcome to Forrester's Third Quarter 2024 Conference Call. seekingalpha.com - 1 week ago
Compared to Estimates, Forrester Research (FORR) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Forrester Research (FORR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 week ago
Forrester Research (FORR) Lags Q3 Earnings Estimates Forrester Research (FORR) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.44 per share a year ago. zacks.com - 1 week ago
Forrester Research Reports 2024 Third-Quarter Financial Results CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester Research, Inc. (Nasdaq: FORR) today announced financial results for the third quarter ended September 30, 2024, with contract value (CV) at $315.2 million, down 5% compared with the prior year. “We continue to make strong progress with our product migration, and we are on track to exceed our target of 80% of CV on the Forrester Decisions platform by year-end. CV metrics are stable, and we are maintaining our revenue, margin, and EPS guidance for the. businesswire.com - 1 week ago
Should Value Investors Buy Forrester Research (FORR) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 week ago
Forrester Announces Full Conference Agenda For B2B Summit North America 2025 CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester (Nasdaq: FORR) today announced the full conference agenda for B2B Summit North America, being held in Phoenix and digitally, March 31–April 3, 2025. Today, trends including changing generational buying behaviors, AI's influence in buying and selling, waning trust, and preference toward self-guided interactions are forcing organizations to reevaluate how they interact with buyers and customers. Forrester predicts that as Millennials and Gen Z buyers d. businesswire.com - 2 weeks ago
FORR or CACI: Which Is the Better Value Stock Right Now? Investors with an interest in Computer - Services stocks have likely encountered both Forrester Research (FORR) and CACI International (CACI). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 2 weeks ago
Forrester Research To Broadcast Its 2024 Third-Quarter Earnings Conference Call CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester Research, Inc. (Nasdaq: FORR) will broadcast its third-quarter earnings conference call at 4:30 p.m. ET on November 5, 2024. The call will be available at Forrester.com. Investors who wish to hear the call should log on at least 15 minutes prior to the broadcast. Participants may pre-register for the call here. Instructions are provided to ensure that the necessary audio applications are downloaded and installed. Users can obtain these programs at no. businesswire.com - 3 weeks ago
Forrester's B2B Marketing & Sales Predictions 2025: More Than Half Of Large B2B Purchases Will Be Processed Through Digital Self-Serve Channels CAMBRIDGE, Mass.--(BUSINESS WIRE)--According to Forrester's (Nasdaq: FORR) 2025 B2B marketing and sales predictions, as Millennials and Gen Z buyers drive purchasing decisions, more than half of large B2B transactions (US$1 million or greater) will be processed through digital self-serve channels, including the vendor's website or marketplace. As a result, providers will need to shift their focus from spending time on processing transactions to delivering impactful interactions that create a po. businesswire.com - 3 weeks ago
Should Value Investors Buy Forrester Research (FORR) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 4 weeks ago
Earnings Preview: Forrester Research (FORR) Q3 Earnings Expected to Decline Forrester Research (FORR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
FORR vs. PRFT: Which Stock Is the Better Value Option? Investors interested in Computer - Services stocks are likely familiar with Forrester Research (FORR) and Perficient (PRFT). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 1 month ago
8. Profile Summary

Forrester Research, Inc. FORR

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COUNTRY US
INDUSTRY Consulting Services
MARKET CAP $ 306 M
Dividend Yield 0.00%
Description Forrester Research, Inc. operates as an independent research and advisory services company. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research portfolio services include Forrester Research, SiriusDecisions Research, and Forrester Decisions, which are designed to provide business and technology leaders with a proven path to growth through customer obsession. This segment delivers content, such as future trends, predictions, and market forecasts; deep consumer and business buyer data and insights; curated best practice models and tools to run business functions; operational and performance benchmarking data; and technology and service market landscapes and vendor evaluations through online access. The Consulting segment provides consulting projecs, including conducting maturity assessments, prioritizing best practices, developing strategies, building business cases, selecting technology vendors, structuring organizations, developing content marketing strategies and collateral, and sales tools; and advisory services. The Events segment hosts in-person and virtual events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights. The company sells its products and services through direct sales force in various locations in the United States, Europe, the United Kingdom, Canada, the Asia Pacific region, and internationally. Forrester Research, Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.
Contact 60 Acorn Park Drive, Cambridge, MA, 02140 https://www.forrester.com
IPO Date Nov. 27, 1996
Employees 1608
Officers Ms. Lisa Riley Senior Vice President of Global Events Mr. Nate Swan Chief Sales Officer Mr. Russell Sweeney Investor Relations Ms. Shirley Macbeth Chief Marketing Officer Ms. Jobina Gonsalves Chief People Officer Ms. Carrie Johnson Fanlo Chief Product Officer Ms. Sharyn Leaver Chief Research Officer Mr. Michael Facemire Chief Technology Officer Mr. George F. Colony Founder, Chairman, Chief Executive Officer & President Mr. Leo Christian Finn Chief Financial Officer