Fortive (FTV) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.77
- Estimate
- $0.70
- Surprise
- +9.4%
- Revenue (period 2026-10-02)
- $1.11B
- Score at report (before → after)
- 5.4 → 5.4/10
Revenue source: xbrl.
How the report landed
Fortive (FTV) beat the $0.70 estimate with adjusted EPS of $0.77 — a clear 9.4% upside surprise. TrendMatrix's engine moved from Sell (5.4/10) to Hold at 5.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FTV Hold at 5.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +9.4% surprise compares with a +7.6% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.80)
What argues against it
- Concentration risk — Supplier: single supplier components
- Analyst target reached - limited upside remaining
- Near 52-week high (4.4% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $64.11
- Stop
- $61.11
The stock trades at 30.4× trailing but 19.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 89 — a level conventionally read as overbought; gains at these levels often lean on momentum; trading volume is running 2.5× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
FTV at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Scientific & Technical Instruments
- Market cap
- $19.54B
- P/E (fwd)
- 19.7
- P/E (ttm)
- 30.4
- 52-week range
- $49.03–$67.03
- Off 52-week high
- 4.4%
- RSI (14)
- 89
- Volume vs avg
- 2.54×
- Score today
- 5.4/10