Fortive Receives $60.17 Consensus Target Price

Analysts see mixed outlook for the industrial technology company

Apr. 19, 2026 at 8:35am

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A highly detailed, cinematic close-up of heavy, industrial banking machinery and equipment in muted tones of steel gray, copper, and black, conveying a sense of institutional power and financial security.An extreme close-up of the inner workings of Fortive's industrial technology and instrumentation products reflects the company's role in powering the financial sector.Everett Today

Shares of Fortive Corporation (NYSE:FTV) have received a consensus 'Hold' recommendation from 15 analysts covering the stock, with an average 12-month price target of $60.17. The company, which was spun off from Danaher in 2016, has a diversified portfolio of professional instrumentation, industrial technology, and software-enabled solutions businesses.

Why it matters

Fortive's performance and analyst sentiment are closely watched as indicators of broader trends in the industrial technology sector. The mixed outlook reflects ongoing challenges and uncertainty facing the company as it navigates portfolio changes and market conditions.

The details

The analyst ratings and price targets for Fortive are based on the company's recent financial results and outlook. While two analysts have a 'Sell' rating, ten have a 'Hold' and three have 'Buy' or 'Strong Buy' recommendations. The average price target of $60.17 represents a modest upside from the stock's current trading level around $58.

  • Fortive reported Q4 2025 earnings on February 4, 2026.
  • The company paid a quarterly dividend of $0.06 on March 27, 2026.

The players

Fortive Corporation

A diversified industrial technology company headquartered in Everett, Washington. Fortive was spun off from Danaher Corporation in 2016 and focuses on professional instrumentation, industrial technology, and software-enabled solutions.

Morgan Stanley

An investment bank that raised its price target on Fortive shares to $58 from $53 in a March 2026 research report.

Robert W. Baird

A financial services firm that set a $65 price target on Fortive stock in a February 2026 research note.

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What’s next

Investors will be watching for Fortive's next earnings report in July 2026 to gauge the company's performance and outlook.

The takeaway

Fortive's mixed analyst ratings and modest price target reflect the ongoing challenges facing the industrial technology sector, as the company navigates portfolio changes and market conditions. Investors will be closely monitoring the company's future financial results and strategic moves.