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FTRE

Fortrea Holdings Inc.

FTRE

NASDAQ·Healthcare·Biotechnology·Mkt cap $1.7B

$17.53

-0.28%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$4.36 - $18.67

P/E

-3.56

Fwd P/E

22.42

Beta

2.11

Div Yield

0.00%

Avg Vol

1.4M

Shares Out

93.5M

Mkt Cap

$1.7B

Price action

Price chart

Up 240.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Integrated two-segment model combining clinical expertise with proprietary technology solutions
  • Flexible delivery models (full service, FSP, hybrid) enabling customized client partnerships
  • Technology-enabled trial solutions that optimize patient recruitment, randomization, and drug supply efficiency
  • Full-spectrum clinical development capabilities from Phase I through post-approval
  • Scale and operational efficiency serving global pharmaceutical, biotech, and medical device markets

Bear Case

1 risk

  • High volatility (beta 2.1). Larger-than-normal price swings expected.

Growth

Turning profitable

Increasing pharmaceutical industry outsourcing of clinical trial management to specialized CROs

Value

Fairly valued vs Biotech & Therapeutics peers

Momentum

Hot

+86.0% over 3m

Quality

Thin

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 11, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.16 vs $0.03 consensus (+433.3% surprise). Revenue of $636.5M vs $628.5M expected (+1.3%). Beat on both top and bottom lines.

EPS beat +433.3%
Rev beat +1.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+433.3%

Next: May 11, 2026

Revenue trend · last 8Q

-10%

-2%

+7%

+4%

-5%

-2%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$662.4M

$674.9M

$697.0M

$651.3M

$710.3M

$701.3M

$660.5M

$636.5M

Margins · last 8Q

Gross

Operating

Profit

-3.7%

Wall Street consensus

6 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

67%

Hold

2

33%

Sell

0%

Median Price Target

$16.00

-8.7% vs $17.53

Low $11.00
Median $16.00
High $20.00

Latest: Mizuho · May 12, 2026

4 analysts covering

vs Industry

How FTRE stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.