FTRE

Fortrea Holdings Inc.

Nasdaq · Services-Medical Laboratories · CIK 0001965040
$16.48 -2.31% $1.6B
Insider Selling Cluster (3 insiders)High Impact Filing (7/10)31 New Institutional Positions9 Institutional Exits
Vol
Market Cap$1.6B
Cap SizeSmall Cap
Analyst ConsensusBuy (59%)
Inst. Holders50 funds
Inst. Value$637.2M
Inst. Activity31 buys / 9 sells
Insider Activity0B / 11S
Insider Net $-$355.3K
SEC Reports6
Press Releases2
Exchange Nasdaq·Sector Services-Medical Laboratories·CIK 0001965040·Prev Close $16.87

Recent Activity

Jun 10, 2026 contract
Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
<p align="justify">DURHAM, N.C., June 10, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewsw
Jun 10, 2026 Insider
Sharbaugh William J was granted 12,852 shares
Director
Jun 10, 2026 Insider
Russell Erin L acquired via exercise 38,817 shares
Director
Jun 10, 2026 Insider
Russell Erin L was granted 12,852 shares
Director
Jun 2, 2026 Press
Fortrea announced that CEO Anshul Thakral, CFO Jill McConnell, and SVP of Investor Relations Tracy Krumme will participa
Impact 2/10
May 5, 2026 SEC
Fortrea reported Q1 2026 revenue of $636.5M (down 2.3% YoY from $651.3M) and an adjusted diluted EPS of $0.16, significa
8-K — Impact 5/10
May 5, 2026 SEC
Fortrea reported Q1 2026 adjusted EPS of $0.16, significantly above the $0.05 consensus, though GAAP EPS was -$0.25 due
PRESS-RELEASE — Impact 6/10
Apr 27, 2026 SEC
Fortrea Holdings Inc. filed a definitive proxy statement (DEFA14A) for its 2026 Annual Meeting, which includes the elect
DEFA14A — Impact 2/10

Price Targets

$16.21 -1.6% upside Hold
Current $16.48 Low $9.50 Median $16.00 High $20.00 11 analysts
$9.50 $20.00

Analyst Ratings

Hold59% buy · 17 analysts
4Strong Buy
6Buy
6Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 12, 2026 Mizuho MAINTAIN Neutral → Neutral
May 6, 2026 Citigroup MAINTAIN Buy → Buy
May 6, 2026 Barclays MAINTAIN Equal-Weight → Equal-Weight
Apr 14, 2026 Barclays MAINTAIN Equal-Weight → Equal-Weight
Apr 8, 2026 Evercore ISI Group MAINTAIN Outperform → Outperform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.18 ▲ +1.8% $0.14 — $0.21 -7% YoY 10
Next Q $0.21 ▲ +0.6% $0.15 — $0.25 72% YoY 10
Current FY $0.81 ▼ -0.9% $0.72 — $0.95 88% YoY 11
Next FY $1.08 ▲ +1.6% $0.77 — $1.73 34% YoY 12

Latest Reports

NEUTRAL Press 2/10
Fortrea announced that CEO Anshul Thakral, CFO Jill McConnell, and SVP of Investor Relations Tracy Krumme will participa
Jun 2, 2026
MIXED 8-K 5/10
Fortrea reported Q1 2026 revenue of $636.5M (down 2.3% YoY from $651.3M) and an adjusted diluted EPS of $0.16, significa
May 5, 2026
MIXED PRESS-RELEASE 6/10
Fortrea reported Q1 2026 adjusted EPS of $0.16, significantly above the $0.05 consensus, though GAAP EPS was -$0.25 due
May 5, 2026

Top Institutional Holders

FundValueMove
BlackRock, Inc.$142.7M—
GOLDMAN SACHS GROUP INC$76.3M—
Corvex Management LP$43.7M—
STATE STREET CORP$38.7M—
VANGUARD CAPITAL MANAGEMENT LLC$38.0M—

Recent Insider Trades

DateInsiderTypeValue
Jun 10, 2026Sharbaugh WilliamA$0.00
Jun 10, 2026Russell ErinM$0.00
Jun 10, 2026Russell ErinA$0.00
Jun 10, 2026Morais MarkSELL$78.6K
Jun 10, 2026NEUPERT PETERA$0.00
50 institutional holders with $637.2M total value (67,466,325 shares) as of 2026-Q1. Top holders: BlackRock,, GOLDMAN, Corvex. Net buying activity: 31 institutions added/increased vs 9 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.15,152,395$142.7M22.4%—
2GOLDMAN SACHS GROUP INC8,098,517$76.3M12.0%—
3Corvex Management LP4,644,193$43.7M6.9%—
4STATE STREET CORP4,109,400$38.7M6.1%—
5VANGUARD CAPITAL MANAGEMENT LLC4,038,562$38.0M6.0%—
6VANGUARD PORTFOLIO MANAGEMENT LLC3,696,749$34.8M5.5%—
7CHARLES SCHWAB INVESTMENT MANAGEMENT INC3,207,673$30.2M4.7%—
8DEUTSCHE BANK AG\2,569,274$24.2M3.8%—
9MORGAN STANLEY2,297,568$21.6M3.4%—
10LOOMIS SAYLES & CO L P1,822,769$17.2M2.7%NEW
11MetLife Investment Management, LLC1,805,184$17.0M2.7%ADD +31.9%
12AMERIPRISE FINANCIAL INC1,579,914$14.9M2.3%DOUBLED +241.0%
13RENAISSANCE TECHNOLOGIES LLC1,432,709$13.5M2.1%ADD +81.4%
14DIMENSIONAL FUND ADVISORS LP1,299,862$12.2M1.9%DOUBLED +163.8%
15FMR LLC1,244,137$11.7M1.8%TRIM -52.9%
16Nuveen, LLC1,075,256$10.1M1.6%TRIM -48.9%
17Allianz Asset Management GmbH855,510$8.1M1.3%ADD +49.5%
18Invesco Ltd.719,572$6.8M1.1%—
19Trexquant Investment LP666,983$6.3M1.0%DOUBLED +115.6%
20VANGUARD FIDUCIARY TRUST CO603,590$5.7M0.9%—

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
LOOMIS SAYLES & CO L PNEW—1,822,769—$17.2M2026-Q1
MetLife Investment Management, LLCADD1,368,6561,805,184+31.9%$17.0M2026-Q1
AMERIPRISE FINANCIAL INCDOUBLED463,2961,579,914+241.0%$14.9M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD789,7091,432,709+81.4%$13.5M2026-Q1
DIMENSIONAL FUND ADVISORS LPDOUBLED492,7811,299,862+163.8%$12.2M2026-Q1
FMR LLCTRIM2,640,1561,244,137-52.9%$11.7M2026-Q1
Nuveen, LLCTRIM2,105,8281,075,256-48.9%$10.1M2026-Q1
Allianz Asset Management GmbHADD572,421855,510+49.5%$8.1M2026-Q1
Trexquant Investment LPDOUBLED309,384666,983+115.6%$6.3M2026-Q1
PUBLIC SECTOR PENSION INVESTMENT BOARDADD319,811439,985+37.6%$4.1M2026-Q1
Point72 Asset Management, L.P.DOUBLED36,383352,372+868.5%$3.3M2026-Q1
BANK OF AMERICA CORP /DE/TRIM750,444295,176-60.7%$2.8M2026-Q1
MARSHALL WACE, LLPDOUBLED23,747294,794+1141.4%$2.8M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED13,813220,871+1499.0%$2.1M2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDADD147,950217,602+47.1%$2.0M2026-Q1
FEDERATED HERMES, INC.ADD123,589156,722+26.8%$1.5M2026-Q1
CWM, LLCADD108,318147,342+36.0%$1.4M2026-Q1
CAPTRUST FINANCIAL ADVISORSADD99,801132,420+32.7%$1.2M2026-Q1
Russell Investments Group, Ltd.ADD55,931100,926+80.4%$946.4K2026-Q1
FRANKLIN RESOURCES INCDOUBLED18,14684,576+366.1%$796.7K2026-Q1
STRS OHIOADD48,70069,500+42.7%$654.7K2026-Q1
Baird Financial Group, Inc.ADD27,47354,355+97.8%$512.0K2026-Q1
CANADA PENSION PLAN INVESTMENT BOARDTRIM96,70045,900-52.5%$432.4K2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THEADD27,29137,988+39.2%$357.8K2026-Q1
Atria Investments, IncADD22,86831,649+38.4%$298.1K2026-Q1
9 unique insiders with 38 transactions. Net insider value: -$355.3K ($0.00 bought, $355.3K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 10, 2026Sharbaugh William JDirectorAWARD12,852——
Jun 10, 2026Russell Erin LDirectorEXERCISE38,817——
Jun 10, 2026Russell Erin LDirectorAWARD12,852——
Jun 10, 2026Morais Mark A.Chief Operating OfficerSELL4,674$16.82$78.6K
Jun 10, 2026NEUPERT PETER MDirectorAWARD12,852——
Jun 10, 2026Pesicka Edward ADirectorEXERCISE38,817——
Jun 10, 2026Pesicka Edward ADirectorAWARD12,852——
Jun 10, 2026Smith David RossDirectorAWARD12,852——
Jun 10, 2026Smith David RossDirectorTAX W/H18,244$16.34$298.1K
Jun 10, 2026Smith David RossDirectorEXERCISE38,817——
Jun 10, 2026SANDERS MACHELLEDirectorEXERCISE38,817——
Jun 10, 2026SANDERS MACHELLEDirectorAWARD12,852——
Jun 2, 2026Mcconnell Jill G.Chief Financial OfficerSELL4,866$15.49$75.4K
Jun 2, 2026Morais Mark A.Chief Operating OfficerSELL4,866$15.49$75.4K
Jun 1, 2026Mcconnell Jill G.Chief Financial OfficerEXERCISE11,006——
Jun 1, 2026Morais Mark A.Chief Operating OfficerEXERCISE11,006——
May 18, 2026Parks RobertChief Accounting OfficerSELL2,000$13.44$26.9K
May 14, 2026NEUPERT PETER MDirectorEXERCISE148,536——
Mar 20, 2026Russell Erin LDirectorEXERCISE23,946——
Mar 16, 2026Morais Mark A.Chief Operating OfficerSELL1,804$9.22$16.6K
Mar 16, 2026Mcconnell Jill G.Chief Financial OfficerSELL1,804$9.22$16.6K
Mar 13, 2026Morais Mark A.Chief Operating OfficerEXERCISE4,284——
Mar 13, 2026Mcconnell Jill G.Chief Financial OfficerEXERCISE4,284——
Mar 10, 2026Mcconnell Jill G.Chief Financial OfficerSELL2,530$8.93$22.6K
Mar 10, 2026Morais Mark A.Chief Operating OfficerSELL2,299$8.93$20.5K
Mar 10, 2026Parks RobertChief Accounting OfficerSELL963$8.93$8.6K
Mar 9, 2026Mcconnell Jill G.Chief Financial OfficerEXERCISE15,283——
Mar 9, 2026Morais Mark A.Chief Operating OfficerEXERCISE13,966——
Mar 9, 2026Parks RobertChief Accounting OfficerEXERCISE5,270——
Mar 6, 2026Parks RobertChief Accounting OfficerAWARD22,893——
Mar 6, 2026Morais Mark A.Chief Operating OfficerAWARD52,030——
Mar 6, 2026Morais Mark A.Chief Operating OfficerAWARD66,667——
Mar 6, 2026Mcconnell Jill G.Chief Financial OfficerAWARD66,667——
Mar 6, 2026Mcconnell Jill G.Chief Financial OfficerAWARD88,450——
Feb 10, 2026Morais Mark A.Chief Operating OfficerSELL589$13.65$8.0K
Feb 10, 2026Mcconnell Jill G.Chief Financial OfficerSELL440$13.65$6.0K
Feb 9, 2026Morais Mark A.Chief Operating OfficerEXERCISE2,255——
Feb 9, 2026Mcconnell Jill G.Chief Financial OfficerEXERCISE1,685——
6 SEC filing reports analyzed. Sentiment: 0 bullish, 1 bearish, 2 mixed, 3 neutral. Avg impact: 4.2/10.
MIXED 8-K 5/10
Fortrea reported Q1 2026 revenue of $636.5M (down 2.3% YoY from $651.3M) and an adjusted diluted EPS
May 5, 2026
MIXED PRESS-RELEASE 6/10
Fortrea reported Q1 2026 adjusted EPS of $0.16, significantly above the $0.05 consensus, though GAAP
May 5, 2026
NEUTRAL DEFA14A 2/10
Fortrea Holdings Inc. filed a definitive proxy statement (DEFA14A) for its 2026 Annual Meeting, whic
Apr 27, 2026
NEUTRAL CLUSTER 2/10
Director Russell Erin L exercised derivative securities for 47,892 shares at $0 in a non-cash transa
Mar 24, 2026
NEUTRAL CLUSTER 3/10
Two C-suite executives at Fortrea Holdings — the COO and CFO — each sold 1,804 shares in open-market
Mar 17, 2026
BEARISH 8-K 7/10
Fortrea reported full-year 2025 revenue of $2.72 billion, up 1.0% YoY, with adjusted EBITDA of $189.
Feb 26, 2026
NEUTRAL 2/10
Fortrea announced that CEO Anshul Thakral, CFO Jill McConnell, and SVP of Investor Relations Tracy K
Jun 2, 2026
NEUTRAL 3/10
Fortrea Holdings granted 130,000 restricted stock units (RSUs) to four new employees as an inducemen
Mar 10, 2026
Current analyst consensus: Hold (59% buy). Based on 17 analysts: 4 strong buy, 6 buy, 6 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$16.21 mean target -1.6% upside Hold (2.33)
$9.50 Low $20.00 High
MetricValue
Current Price$16.48
Target Low$9.50
Target Mean$16.21
Target Median$16.00
Target High$20.00
# Analysts11
RecommendationHold (2.33)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
 $0.18 $0.14 $0.21 -7.4% +1.8% 3↑ 3↓ $0.6B -8.8% 10
Next Q
2026-09-30
 $0.21 $0.15 $0.25 72.4% +0.6% 4↑ 3↓ $0.7B -6.3% 10
Current FY
2026-12-31
 $0.81 $0.72 $0.95 87.5% -0.9% 9↑ 1↓ $2.6B -4.3% 11
Next FY
2027-12-31
 $1.08 $0.77 $1.73 33.5% +1.6% 8↑ 2↓ $2.7B 3.3% 12

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.176
7d ago$0.176
30d ago$0.173+0.003
60d ago$0.180-0.004
90d ago$0.180-0.004
7 analyst firms have rated this stock: 4 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 12, 2026 Mizuho MAINTAIN Neutral Neutral
May 6, 2026 Citigroup MAINTAIN Buy Buy
May 6, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Apr 14, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Apr 8, 2026 Evercore ISI Group MAINTAIN Outperform Outperform
Mar 9, 2026 TD Cowen UPGRADE Hold Buy
Feb 27, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Feb 27, 2026 Baird MAINTAIN Outperform Outperform
Jan 22, 2026 TD Cowen MAINTAIN Hold Hold
Jan 8, 2026 Truist Securities UPGRADE Hold Buy
Jan 6, 2026 Evercore ISI Group UPGRADE In-Line Outperform
Dec 18, 2025 Mizuho MAINTAIN Neutral Neutral
Dec 15, 2025 Barclays UPGRADE Underweight Equal-Weight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264661059%
May 1, 20264661059%
Apr 1, 20264661059%
Mar 1, 20264571053%
Feb 1, 20264562053%
Jan 1, 20262093213%
Strong BuyBuyHoldSellStrong Sell
∅

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

∅

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 10, 2026
contract
Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
<p align="justify">DURHAM, N.C., June 10, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=gOBqGqZ0nJ_TeIMDKk6HELTfKUyvu
Jun 2, 2026
contract
Fortrea to Attend Jefferies Global Healthcare Conference
<p align="left">DURHAM, N.C., June 02, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=fRk8qfzXmQICSbAQwm4b3YaBOCmP-L1b
Jun 1, 2026
short_volume
Short Volume: FTRE — 62.8% short (0.4M / 0.6M)
Short: 382,682 | Exempt: 0 | TRF Vol: 609,138 | Short Ratio: 62.8% | Off-exchange volume (dark pool + OTC)
May 5, 2026
earnings
Fortrea Reports First Quarter 2026 Results
<p align="center"><em>Strong first-quarter performance reinforces confidence in FY 2026 guidance</em><br><em>Book-to-bill of 1.15x is third consecutiv
May 5, 2026
earnings_calendar
FTRE Q1 2026 Earnings Before Market Open — 2026-05-05
May 4, 2026
short_volume
Short Volume: FTRE — 59.7% short (0.6M / 1.1M)
Short: 629,507 | Exempt: 0 | TRF Vol: 1,054,947 | Short Ratio: 59.7% | Off-exchange volume (dark pool + OTC)
May 1, 2026
short_volume
Short Volume: FTRE — 65.9% short (0.3M / 0.5M)
Short: 338,550 | Exempt: 0 | TRF Vol: 513,586 | Short Ratio: 65.9% | Off-exchange volume (dark pool + OTC)
Apr 30, 2026
short_volume
Short Volume: FTRE — 80.4% short (0.9M / 1.1M)
Short: 865,149 | Exempt: 0 | TRF Vol: 1,075,851 | Short Ratio: 80.4% | Off-exchange volume (dark pool + OTC)
Apr 29, 2026
short_volume
Short Volume: FTRE — 91.1% short (1.4M / 1.5M)
Short: 1,411,126 | Exempt: 0 | TRF Vol: 1,548,625 | Short Ratio: 91.1% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
short_volume
Short Volume: FTRE — 71.7% short (0.6M / 0.9M)
Short: 642,867 | Exempt: 650 | TRF Vol: 896,576 | Short Ratio: 71.7% | Off-exchange volume (dark pool + OTC)
Apr 23, 2026
short_volume
Short Volume: FTRE — 63.2% short (0.4M / 0.7M)
Short: 433,765 | Exempt: 7,264 | TRF Vol: 686,708 | Short Ratio: 63.2% | Off-exchange volume (dark pool + OTC)
Apr 21, 2026
earnings
Fortrea Announces Date for First Quarter 2026 Financial Results and Conference Call
<p>DURHAM, N.C., April 21, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), t
Apr 21, 2026
short_volume
Short Volume: FTRE — 84.4% short (0.4M / 0.5M)
Short: 440,575 | Exempt: 0 | TRF Vol: 522,094 | Short Ratio: 84.4% | Off-exchange volume (dark pool + OTC)
Apr 16, 2026
short_volume
Short Volume: FTRE — 71.2% short (0.5M / 0.7M)
Short: 465,207 | Exempt: 0 | TRF Vol: 653,551 | Short Ratio: 71.2% | Off-exchange volume (dark pool + OTC)
Mar 13, 2026
short_interest
FTD: FTRE — 143,467 shares ($1.3M) failed to deliver
Settlement: 20260313, Price: $9.04, FTD Value: $1,296,941.68, FORTREA HLDGS INC COM