Fortive Earnings Preview: What to Expect

Everett, Washington-based Fortive Corporation (FTV) designs, develops, manufactures, and services professional and engineered products, software, and services. Valued at $18.1 billion by market cap, the company focuses on professional instrumentation, automation, sensing, and transportation technologies. The essential technologies provider is expected to announce its fiscal second-quarter earnings for 2025 on Wednesday, Jul. 30. 

Ahead of the event, analysts expect FTV to report a profit of $0.88 per share on a diluted basis, down 5.4% from $0.93 per share in the year-ago quarter. The company has met or surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

For the full year, analysts expect FTV to report EPS of $3.84, down 1.3% from $3.89 in fiscal 2024. However, its EPS is expected to rise 10.9% year over year to $4.26 in fiscal 2026. 

FTV stock has considerably underperformed the S&P 500 Index’s ($SPX) 13% gains over the past 52 weeks, with shares down 26.2% during this period. Similarly, it considerably underperformed the Technology Select Sector SPDR Fund’s (XLK) 10.7% gains over the same time frame.

On May 1, FTV shares closed down more than 4% after reporting its Q1 results. Its adjusted EPS of $0.85 met Wall Street expectations. The company’s revenue was $1.47 billion, falling short of Wall Street forecasts of $1.49 billion. The company expects full-year adjusted EPS in the range of $3.80 to $4.

Analysts’ consensus opinion on FTV stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 17 analysts covering the stock, eight advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and eight give a “Hold.” FTV’s average analyst price target is $81.53, indicating an ambitious potential upside of 52.8% from the current levels.