Core Viewpoint - Forrester Research (FORR) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Forrester Research reflects an improvement in its earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [5]. - Forrester Research's rising earnings estimates and the subsequent rating upgrade suggest an enhancement in the company's underlying business, likely resulting in higher stock prices as investors respond positively to this trend [6]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [8]. - The upgrade of Forrester Research to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10][11]. Current Earnings Estimates for Forrester Research - Forrester Research is projected to earn $1.27 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 1.8% over the past three months [9].

Group 1 - The article highlights Paul Franke's extensive experience in trading and investment, emphasizing his successful track record over 38 years, including being ranked among top investment advisors nationally during the 1990s [1] - Franke's investment strategy, known as "Victory Formation," focuses on identifying supply/demand imbalances through specific stock price and volume movements, which are critical for successful stock selection [1] - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals, while the "Volume Breakout Report" discusses stocks with strong price and volume trends [1] Group 2 - Franke recommends a diversified investment approach, suggesting that investors hold at least 50 well-positioned stocks and utilize stop-loss levels of 10% or 20% on individual investments to enhance market outperformance [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. FOR THE QUARTERLY PERIOD ENDED March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. COMMISSION FILE NUMBER: 000-21433 FORRESTER RESEARCH, INC. (Exact name of registrant as specified in its charter) DELAWARE 04-2797789 (State or other jurisdiction of incorporation or orga ...

Forrester Research (FORR) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this technology research company would post earnings of $0.34 per share when it actually produced earnings of $0.36, delivering a surprise of 5.88%.Over the last four ...

Forrester Research (FORR) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Edward Morris - VP - Corporate Development & Investor RelationsGeorge Colony - Founder, Chairman & CEOChris Finn - CFONate Swan - Chief Sales OfficerCarrie Johnson - Chief Product OfficerVincent Colicchio - Managing Director Conference Call Participants Andrew Nicholas - Equity Research AnalystAnja Soderstrom - Senior Equity Research Analyst Operator Good afternoon and thank you for standing by. Welcome to Forrest ...

Forrester Research (FORR) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Good afternoon and thank you for standing by. Welcome to Forrester's First Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to turn the conference over to Vice President of Corporate Development and Investor Relations, E ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Forrester Research Reports 2025 First-Quarter Financial Results CAMBRIDGE, Mass., May 6, 2025 — Forrester Research, Inc. (Nasdaq: FORR) today announced financial results for the first quarter ended March 31, 2025, with contract value at $290.9 million, down 7% compared with the prior year. "We expect 2025 to be marked by volatility, and this is reflected in our first-quarter metrics and the decline in revenue," said CEO and Chairman George F. Colony. "However, we continue ...

Revenue Performance - Total revenues decreased by 10% from $480.8 million in 2023 to $432.5 million in 2024[106]. - Research revenues declined by 5% from $334.4 million in 2023 to $316.7 million in 2024, primarily due to a decrease in contract value[106][107]. - Consulting revenues fell by 18% from $118.2 million in 2023 to $97.3 million in 2024, attributed to lower client bookings[106][107]. - Events revenues decreased significantly by 34% from $28.2 million in 2023 to $18.5 million in 2024, due to declines in sponsorship and ticket sales[106][107]. - Research segment revenues for 2024 were $316,739, a decrease of 7% compared to 2023[129]. - Consulting segment revenues decreased by 15% in 2024, totaling $97,254, primarily due to lower client bookings[130]. - Event segment revenues saw a significant decline of 34% in 2024, amounting to $18,477, attributed to decreased sponsorship and ticket sales[132]. - Total consolidated revenues for 2024 were $432,470, reflecting a 10% year-over-year decline[129]. Client Metrics - The number of clients decreased by 14%, from 2,257 in 2023 to 1,942 in 2024, primarily due to macroeconomic conditions[91]. - Client retention remained flat at 73% year-over-year, while wallet retention improved by 2 percentage points to 89%[91]. Cost Management - Cost of services and fulfillment reduced by 11% from $204.5 million in 2023 to $182.5 million in 2024, with a decrease in headcount contributing to lower compensation costs[109]. - Selling and marketing expenses decreased by 5% from $167.4 million in 2023 to $159.6 million in 2024, primarily due to reduced headcount and commissions[110]. - General and administrative expenses fell by 14% from $68.5 million in 2023 to $58.8 million in 2024, driven by lower legal and compensation costs[111]. Income and Taxation - Net income loss was reported at (1.3%) in 2024 compared to a net income of 0.6% in 2023[105]. - Income tax expense increased by 159% from $3.2 million in 2023 to $8.4 million in 2024, with an effective tax rate rising from 51% to 318%[124]. Asset and Cash Management - The company recorded $3.6 million of right-of-use asset impairments during 2024[102]. - The company maintained a valuation allowance of $1.1 million for deferred tax assets as of December 31, 2024[103]. - Cash used in operating activities was $3.9 million in 2024, down from $21.7 million generated in 2023, primarily due to increased working capital needs[135]. - The company generated $5.0 million from investing activities in 2024, mainly from the sale of the FeedbackNow product line[136]. - As of December 31, 2024, the company had cash, cash equivalents, and marketable investments totaling $104.7 million[143]. - The company has a credit facility of up to $150 million, with $35 million outstanding as of December 31, 2024[138]. Foreign Currency Exposure - Foreign currency exchange losses amounted to $0.8 million in 2024, indicating exposure to currency fluctuations[149]. Contract and Revenue Recognition - Research revenues as a percentage of total revenues increased from approximately 70% in 2023 to approximately 73% in 2024[88]. - Contract value decreased by 5% from $323.6 million in 2023 to $307.6 million in 2024[91]. - Revenue from consulting projects is recognized as services are provided, based on fixed-fee agreements[87]. - Subscription products are recognized as revenue over the term of the contract, with deferred revenue recorded for billings in excess of revenue recognized[86]. - The company evaluates its accounting estimates and judgments regularly, particularly regarding revenue recognition and goodwill[92]. - Approximately 80% of the overall contract value was in the Forrester Decisions product platform as of December 31, 2024, compared to 62% in 2023[91]. Divestiture - Loss from the sale of divested operation amounted to $1.8 million due to the sale of the FeedbackNow product line in August 2024[120].

Core Insights - Forrester's share price has declined over 20% to approximately $11.5 per share following the release of their Q4 2024 results, down from the mid-teens range they were previously trading at [1] Financial Performance - The decline in share price is justified by the company's sales and operating income performance, indicating potential concerns regarding financial health and future growth prospects [1]

Group 1 - The core viewpoint of the analysis is that caution is warranted regarding Forrester Research (NASDAQ: FORR) until there are clear signs of revenue stabilization, as Q4 revenue declined by 9% year over year [1] - The analyst has a focus on undercovered companies, particularly in technology, software, electronics, and energy transition sectors, with over 50 companies on the watchlist [1] - The analyst has over 7 years of personal investment experience and a Master's degree in Electrical Engineering, currently working as an automotive battery R&D engineer in Sweden [1] Group 2 - The analysis emphasizes the importance of identifying asymmetric investment opportunities to achieve market-beating returns, particularly in small to mid-cap companies that are less researched [1]