FORR Stock - Forrester Research, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $432.47M | $480.78M | $537.79M | $494.31M | $448.98M |
| Gross Profit | $422.82M | $276.30M | $314.01M | $292.50M | $268.08M |
| Gross Margin | 97.8% | 57.5% | 58.4% | 59.2% | 59.7% |
| Operating Income | $740,000 | $6.77M | $32.65M | $38.64M | $16.18M |
| Net Income | $-5,747,000 | $3.05M | $21.81M | $24.84M | $9.99M |
| Net Margin | -1.3% | 0.6% | 4.1% | 5.0% | 2.2% |
| EPS | $-0.30 | $0.16 | $1.15 | $1.30 | $0.53 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 30th 2023 | Barrington Research | Downgrade | Market Perform | - |
Earnings History & Surprises
FORREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 10, 2026 | $0.21 | — | — | — |
Q4 2025 | Oct 30, 2025 | $0.31 | $0.37 | +19.4% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $0.31 | $0.34 | +10.9% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $0.08 | $0.11 | +37.5% | ✓ BEAT |
Q1 2025 | Feb 11, 2025 | $0.34 | $0.36 | +5.9% | ✓ BEAT |
Q4 2024 | Nov 5, 2024 | $0.34 | $0.29 | -14.7% | ✗ MISS |
Q3 2024 | Jul 30, 2024 | $0.70 | $0.68 | -2.9% | ✗ MISS |
Q2 2024 | Apr 30, 2024 | $0.22 | $0.14 | -36.4% | ✗ MISS |
Q1 2024 | Feb 8, 2024 | $0.26 | $0.25 | -3.8% | ✗ MISS |
Q4 2023 | Oct 26, 2023 | $0.34 | $0.44 | +29.4% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $0.73 | $0.94 | +28.8% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.46 | $0.27 | -41.3% | ✗ MISS |
Q1 2023 | Feb 9, 2023 | $0.33 | $0.45 | +36.4% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.39 | $0.57 | +46.2% | ✓ BEAT |
Q3 2022 | Jul 28, 2022 | $0.74 | $1.00 | +35.1% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $0.32 | $0.45 | +40.6% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $0.56 | $0.59 | +5.4% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.26 | $0.41 | +57.7% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.56 | $0.66 | +17.9% | ✓ BEAT |
Latest News
Forrester Res Lowers FY2025 GAAP EPS Guidance from $(4.16)-$(4.01) to $(4.50)-$(4.40) vs $(4.13) Est
📉 NegativeForrester Res Lowers FY2025 Adj EPS Guidance from $1.20-$1.35 to $1.15-$1.25 vs $1.28 Est; Lowers FY2025 Sales Guidance from $400.000M-$410.000M to $395.000M-$405.000M vs $404.353M Est
📉 NegativeForrester Res Q3 Adj. EPS $0.37 Beats $0.31 Estimate, Sales $94.295M Miss $99.159M Estimate
➖ NeutralForrester Announces Over $800K In State And Local Government Agency Contracts In US In Q2
📈 PositiveFrequently Asked Questions about FORR
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