FORR logo
FORR NASDAQ US

Forrester Research, Inc. - Common Stock

Industrials · Professional Services Website · IPO Nov 1996
$5.48
▲ +$0.09 (+1.67%)
Vol 92K
4
Quality Score
fail
Mkt Cap
$154.3M
ROE
-49.0%
Margin
-21.1%
D/E
22.20
Beta
0.94
52W
$7–$16

Wall Street Consensus

7 analysts · Apr 2026
0
Strong Buy
0
Buy
4
Hold
1
Sell
2
Strong Sell
0.0%
Buy Rating

Price Chart

Earnings

Beat rate: 50.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.22 $0.17 $-0.05
Sep 2025 $0.31 $0.37 +$0.06
Jun 2025 $0.51 $0.51 $0.00
Mar 2025 $0.08 $0.11 +$0.03

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $108.0M $89.9M $111.7M $94.3M $101.1M
Net Income $432K -$87.3M $3.9M -$2.1M -$33.9M

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) -46.0% -46.0% -46.0% -46.0% -49.0% -49.0%
P/E (TTM)
Net Margin 3.5% -21.5% -21.5% -21.5% -21.1% -21.1%
Gross Margin 55.5% 57.3% 57.3% 57.3% 57.5% 57.5%
D/E Ratio 21.94 21.94 21.94 21.94 22.20 22.20
Current Ratio 1.09 1.09 1.09 1.09 1.06 1.06

Key Ratios

ROA (TTM)
-19.0%
P/S (TTM)
0.38
P/B
1.3
EPS (TTM)
$-4.50
CF/Share
$1.21
Rev Growth 3Y
-4.4%
52W High
$16.17
52W Low
$6.60
$6.60 52-Week Range $16.17

Financial Health

Free Cash Flow
-$4.3M
Net Debt
$8.6M
Cash
$63.3M
Total Debt
$71.9M
As of Dec 31, 2025

How does FORR compare to Professional Services peers?

Peer group: Micro-cap Professional Services (All) · 60 companies

FORR ACCL ADP AERT ASUR

FORR valuation vs Professional Services peers

P/E ratio
0% below peers (25.2)
vs Peers
vs Industry
Fair value
P/S ratio
0.4
78% below peers (1.7)
vs Peers
vs Industry
Undervalued
P/B ratio
1.3
47% below peers (2.5)
vs Peers
vs Industry
Undervalued
Div yield
0% below peers (1.7%)
vs Peers
vs Industry
Low yield

FORR profitability vs Professional Services peers

ROE
-49.0%
525% below peers (11.5%)
vs Peers
vs Industry
Weak
Net margin
-21.1%
598% below peers (4.2%)
vs Peers
vs Industry
Weak
Gross margin
57.5%
24% above peers (46.6%)
vs Peers
vs Industry
Below avg
ROA
-19.0%
601% below peers (3.8%)
vs Peers
vs Industry
Weak

FORR financial health vs Professional Services peers

D/E ratio
22.2
0% above peers (22.2)
vs Peers
vs Industry
In line
Current ratio
1.1
32% below peers (1.6)
vs Peers
vs Industry
Low liquidity
Beta
0.9
18% above peers (0.8)
vs Peers
vs Industry
More volatile

FORR fundamentals radar

FORR Peer median Industry

FORR profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

FORR vs peers: key metrics

Dividends

$0.80
/ year
Dec 11, 2018 $0.2000
Sep 11, 2018 $0.2000
Jun 12, 2018 $0.2000
Mar 06, 2018 $0.2000
Dec 05, 2017 $0.1900
Sep 01, 2017 $0.1900
Jun 05, 2017 $0.1900
Feb 27, 2017 $0.1900

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