FTV trades 1.6% below Wall Street's consensus target of $62.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes FTV achieves its forward estimates and maintains a stable P/E multiple of 20.4x. This scenario reflects the blended consensus of 30 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Fortive Corporation (FTV) has a Wall Street consensus price target of $62.00, based on estimates from 30 covering analysts. With the stock currently trading at $61.03, this represents a potential upside of +1.6%. The company has a market capitalization of $18.79B.
Analyst price targets range from a low of $51.00 to a high of $70.00, representing a 31% spread in expectations. The median target of $62.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 11 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, FTV trades at a trailing P/E of 35.1x and forward P/E of 20.4x. Analysts expect EPS to grow +72.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $84.09, with bear and bull scenarios of $52.98 and $110.80 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
DHRDanaher Corporation | $125.4B | $177.17 | $230.89 | +30.3% | Buy | 21.0x | 43 |
AMEAMETEK, Inc. | $54.4B | $237.42 | $250.00 | +5.3% | Buy | 29.2x | 29 |
ROPRoper Technologies, Inc. | $34.0B | $330.25 | $457.64 | +38.6% | Buy | 15.1x | 23 |
ITWIllinois Tool Works Inc. | $76.1B | $264.09 | $271.29 | +2.7% | Hold | 23.4x | 28 |
PNRPentair plc | $12.0B | $74.32 | $107.43 | +44.6% | Hold | 13.9x | 41 |
GNRCGenerac Holdings Inc. | $16.4B | $279.15 | $282.73 | +1.3% | Buy | 31.2x | 39 |
KEYSKeysight Technologies, Inc. | $62.4B | $363.67 | $389.63 | +7.1% | Buy | 35.7x | 16 |
TDYTeledyne Technologies Incorporated | $28.7B | $619.58 | $713.00 | +15.1% | Buy | 25.6x | 18 |
TRMBTrimble Inc. | $11.6B | $49.16 | $90.50 | +84.1% | Buy | 15.9x | 28 |
NOVTNovanta Inc. | $5.5B | $155.30 | $180.00 | +15.9% | Buy | 43.3x | 3 |
Quick answers to the most common questions about buying FTV stock.
The consensus price target for FTV is $62, close to the current price of $61.03 (1.6% implied move). Based on 30 analyst estimates, the stock appears fairly valued near current levels.
FTV has a consensus rating of "Hold" based on 30 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $62 implies 1.6% upside from current levels.
FTV trades at a forward P/E of 20.4011x, representing a moderate valuation. With analysts targeting $62 (1.6% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $70 for FTV, while the most conservative target is $51. The consensus of $62 represents the median expectation. Our quantitative valuation model projects a bull case target of $111 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
FTV is heavily covered by Wall Street, with 30 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 17 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FTV stock forecast based on 30 Wall Street analysts shows a consensus price target of $62, with estimates ranging from $51 (bear case) to $70 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $84, with bear/bull scenarios of $53/$111.
Our quantitative valuation model calculates FTV's fair value at $84 (base case), with a bear case of $53 and bull case of $111. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 46/100.
FTV trades at a forward P/E ratio of 20.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
FTV appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $62 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FTV analyst price targets range from $51 to $70, a 31% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $62 consensus represents the middle ground. Our model's $53-$111 range provides an independent fundamental perspective.
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