Fortive Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Financial Results - Fortive Corporation is set to release its fourth-quarter financial results on February 7, 2025, before the market opens [1] - Analysts anticipate quarterly earnings of $1.12 per share, an increase from$0.98 per share in the same period last year [1] - The company projects quarterly revenue of $1.63 billion, compared to$1.58 billion a year earlier [1] Leadership Changes - On January 29, 2025, Fortive announced the appointment of Sharmistha "Shar" Dubey as the Chair of the Board [2] Stock Performance and Analyst Ratings - Fortive shares closed at $79.84, reflecting a gain of 0.4$92 to $90 [4] - Barclays analyst Julian Mitchell also maintained an Overweight rating, lowering the price target from$95 to $90 [4] - Wells Fargo analyst Joseph O'Dea maintained an Equal-Weight rating and raised the price target from$77 to $80 [4] - Truist Securities analyst Jamie Cook maintained a Buy rating and increased the price target from$89 to $90 [4] - Citigroup analyst Andrew Kaplowitz downgraded the stock from Buy to Neutral, cutting the price target from$92 to $86 [4]