Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Fortive ( (FTV) ) has shared an update.
On June 28, 2025, Fortive completed the spin-off of its Precision Technologies segment, forming Ralliant Corporation, which now trades independently on the New York Stock Exchange under the symbol ‘RAL’. Concurrently, Olumide Soroye was appointed as President, CEO, and Director of Fortive, succeeding James Lico, who retired but will remain as a senior advisor until the end of the year. The separation aims to unlock significant shareholder value, with Fortive focusing on accelerating profitable growth and maintaining a strong financial track record despite facing market headwinds.
The most recent analyst rating on (FTV) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Fortive stock, see the FTV Stock Forecast page.
Spark’s Take on FTV Stock
According to Spark, TipRanks’ AI Analyst, FTV is a Outperform.
Fortive’s strong financial performance and strategic corporate actions contribute positively to its stock score. However, a high P/E ratio, technical resistance, and challenges in certain business segments slightly temper the overall outlook.
To see Spark’s full report on FTV stock, click here.
More about Fortive
Fortive Corporation is a company that innovates essential technologies to ensure safety and productivity across the globe. It operates through strategic segments such as Intelligent Operating Solutions and Advanced Healthcare Solutions, which include leading brands in their respective markets. Fortive is headquartered in Everett, Washington, and employs over 10,000 team members worldwide, focusing on continuous improvement through the Fortive Business System.
Average Trading Volume: 3,332,134
Technical Sentiment Signal: Buy
Current Market Cap: $24.34B
Learn more about FTV stock on TipRanks’ Stock Analysis page.