Forrester Research (FORR) Stock Price

Forrester Research Price

NASDAQ·CLOSED
11.66USD+0.06 (+0.52 %)
Market closed

Revenue has compounded at 4.2% per year over the past 19 years to 396.89 M USD. Earnings per share have declined at 8.9% per year over the last 17 years. Forrester Research's net margin stands at -30.1%, down from 5.0% several years earlier. Forrester Research currently offers a dividend yield of about 6.86%. The payout ratio is around 96% of earnings. Analysts set a median price target of 12.24 USD, implying 5.0% above the current price. Of 7 analysts, 0 rate the stock a buy — an overall Sell consensus. The stock trades about 131% above its 52-week low.

Forrester Research stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Forrester Research over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Forrester Research stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Forrester Research's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Forrester Research Stock Price History
DateForrester Research Price
8/5/202611.66 USD
8/4/202611.60 USD
8/3/202611.36 USD
7/31/202611.50 USD
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10/3/20259.48 USD
10/2/20259.26 USD
10/1/20259.94 USD
9/30/202510.60 USD
9/29/202510.36 USD
9/26/202510.47 USD
9/25/202510.24 USD
9/24/202510.43 USD
9/23/202510.28 USD
9/22/202510.71 USD
9/19/202511.01 USD
9/18/202511.21 USD
9/17/202510.85 USD
9/16/202510.49 USD
9/15/202510.37 USD
9/12/202510.22 USD
9/11/202510.01 USD
9/10/20259.86 USD
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9/5/20259.78 USD
9/4/20259.71 USD
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8/29/20259.74 USD
8/28/20259.66 USD
8/27/20259.71 USD
8/26/20259.77 USD
8/25/20259.87 USD
8/22/202510.06 USD
8/21/20259.47 USD
8/20/20259.61 USD
8/19/20259.44 USD
8/18/20259.50 USD
8/15/20259.58 USD
8/14/20259.74 USD
8/13/202510.20 USD
8/12/20259.93 USD
8/11/20259.87 USD
8/8/20259.98 USD
8/7/202510.16 USD
8/6/202510.26 USD
Access this data via the Eulerpool API

Forrester Research Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
448.98 M USD
16.18 M USD
9.99 M USD
Jan 1, 2021
494.32 M USD
38.64 M USD
24.84 M USD
Jan 1, 2022
537.79 M USD
32.65 M USD
21.81 M USD
Jan 1, 2023
480.78 M USD
6.77 M USD
3.05 M USD
Jan 1, 2024
432.47 M USD
740,000.00 USD
-5.75 M USD
Jan 1, 2025
396.89 M USD
1.95 M USD
-119.36 M USD
Jan 1, 2026 (e)
356.50 M USD
-8.86 M USD
14.61 M USD
Jan 1, 2027 (e)
358.01 M USD
-8.90 M USD
17.28 M USD

Forrester Research Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 4:21 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
292.00297.00312.00313.00326.00337.00357.00461.00448.00494.00537.00480.00432.00396.00356.00358.00
3.181.715.050.324.153.375.9329.13-2.8210.278.70-10.61-10.00-8.33-10.100.56
61.9960.6159.2959.7460.4359.3559.1057.2759.8259.1158.4757.5097.6957.0757.0757.07
181.00180.00185.00187.00197.00200.00211.00264.00268.00292.00314.00276.00422.00226.00203.17204.31
30.0021.0018.0018.0030.0027.0022.00-1.0016.0038.0032.006.001.00-8.00-8.00
10.277.075.775.759.208.016.16-0.223.577.695.961.250.25-2.25-2.23
26.0012.0010.0011.0017.0015.0015.00-9.009.0024.0021.003.00-5.00-119.0014.0017.00
13.04-53.85-16.6710.0054.55-11.76-160.00-200.00166.67-12.50-85.71-266.672,280.00-111.7621.43
0.560.600.800.680.720.760.800.850.90
7.1433.33-15.005.885.565.265.88
22.6520.3418.5217.8818.5718.3218.4618.7219.1219.3819.0519.2418.9419.0019.0019.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Forrester Research generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Forrester Research retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Forrester Research's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Forrester Research has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Forrester Research's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Forrester Research stock margins

The Forrester Research margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Forrester Research. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Forrester Research.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
59.71 %
3.60 %
2.23 %
Jan 1, 2021
59.17 %
7.82 %
5.03 %
Jan 1, 2022
58.39 %
6.07 %
4.05 %
Jan 1, 2023
57.47 %
1.41 %
0.63 %
Jan 1, 2024
97.77 %
0.17 %
-1.33 %
Jan 1, 2025
56.99 %
0.49 %
-30.07 %
Jan 1, 2026 (e)
56.99 %
-2.49 %
4.10 %
Jan 1, 2027 (e)
56.99 %
-2.49 %
4.83 %

Forrester Research Stock Revenue, EBIT, Earnings per Share

The Forrester Research earnings per share therefore indicates how much revenue Forrester Research has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
23.48 USD
0.85 USD
0.52 USD
Jan 1, 2021
25.51 USD
1.99 USD
1.28 USD
Jan 1, 2022
28.23 USD
1.71 USD
1.14 USD
Jan 1, 2023
24.99 USD
0.35 USD
0.16 USD
Jan 1, 2024
22.83 USD
0.04 USD
-0.30 USD
Jan 1, 2025
20.89 USD
0.10 USD
-6.28 USD
Jan 1, 2026 (e)
18.67 USD
-0.47 USD
0.77 USD
Jan 1, 2027 (e)
18.75 USD
-0.47 USD
0.91 USD

Forrester Research business model & stock analysis

Forrester Research Inc is an independent research and consulting company specializing in the analysis of technologies and market trends. The company was founded in 1983 by George F. Colony and is headquartered in Cambridge, Massachusetts. Forrester's beginnings were humble. The company started out as a supplier of paper-based market and technology analysis. However, thanks to its ability to identify and predict emerging technologies and business models early on, Forrester was able to grow from the beginning. In the 1990s, Forrester expanded from a pure analysis company to a provider of consulting services and services in the areas of technology strategy and digital transformation. Today, Forrester offers a broad portfolio of research services ranging from market analysis subscriptions to individual consulting projects. Forrester's business model is based on a combination of market research services and consulting services. The company provides its customers with meaningful market analysis and insights into new technologies, monitoring and predicting market developments. This enables companies to better respond to upcoming developments and make informed decisions. Forrester's experts support executives in planning and implementing new business models and technologies. For this purpose, Forrester operates a global network of experts specializing in key industries. Forrester divides its work into four areas: Research, Consulting, Data, and Events. The "Research" area encompasses the company's core business of analyzing market trends and technologies. Forrester offers a wide range of research services, from report subscriptions to web-based tools and individually conducted surveys. Consulting is Forrester's consulting area. Forrester's experts help companies develop their technology strategy, plan the implementation of new technologies and optimize business processes. The company has a broad portfolio of consulting services, ranging from business process analysis to support for the introduction of new technologies to the development of digital strategies. Forrester also offers a data service. The Data area includes a variety of databases and analytical tools designed to assist customers in decision-making. This includes Forrester's technology platform, the Insights Connected Suite, which provides a comprehensive collection of data, analysis, and tools in a single digital platform. Forrester Events offers a variety of events, from webinars to large conferences. The events are aimed at corporate decision-makers and technology-savvy consumers. At the events, Forrester's experts provide executives with new insights into technology trends and market developments. Over the course of its history, Forrester has established itself as a leading company in the field of technology and business analysis. The company is known for identifying trends early on and helping its clients benefit from new technologies and business models. Forrester's work is important for companies of all types and sizes, from small startups to large Fortune 500 companies.

Forrester Research SWOT Analysis

Strengths

Forrester Research Inc possesses a strong brand reputation and recognition in the market.

The company has a long-standing history and expertise in delivering research and advisory services.

Forrester Research Inc has a diverse portfolio of clients, including leading global organizations.

The firm boasts a team of highly skilled and experienced analysts, enabling quality research outputs.

Weaknesses

Forrester Research Inc may face challenges in effectively predicting and adapting to market trends.

The company's reliance on subscription-based revenue streams can make it vulnerable to economic downturns.

Limited geographic presence may hinder expanding the client base in untapped markets.

Forrester Research Inc may require additional investments in technological infrastructure to keep pace with evolving research methodologies.

Opportunities

The growing demand for data-driven insights presents an opportunity for Forrester Research Inc to offer enhanced research services.

Expanding into emerging markets can provide the company with access to new client segments and revenue streams.

Collaboration with technology companies can spur innovation and help develop new research methodologies.

The increasing emphasis on digital transformation among businesses opens opportunities for Forrester Research Inc to offer specialized advisory services.

Threats

Intense competition from other research and advisory firms can erode market share.

Economic uncertainties may lead to reduced spending on research and advisory services.

The potential disruption caused by emerging technologies may require continuous adaptation to stay relevant in the market.

Regulatory changes impacting data privacy and usage can pose challenges to Forrester Research Inc's research practices.

Forrester Research Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Forrester Research Employees
Details
Date
Forrester Research Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Forrester Research Segments

Forrester Research Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Research
Research services
Advisory services and events
Consulting services revenue
Consulting
Events
Events revenue
Details
Date
Research
Research services
Advisory services and events
Consulting services revenue
Consulting
Events
Events revenue
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
227.06 M USD
128.87 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
298.74 M USD
162.96 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
294.49 M USD
0.00 USD
144.36 M USD
0.00 USD
0.00 USD
10.14 M USD
Jan 1, 2021
0.00 USD
325.34 M USD
0.00 USD
156.11 M USD
0.00 USD
0.00 USD
12.86 M USD
Jan 1, 2022
354.45 M USD
0.00 USD
0.00 USD
0.00 USD
152.59 M USD
30.75 M USD
0.00 USD

Forrester Research Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Research Revenues
Research revenue
Consolidated research revenues
Consulting services revenue
Connect revenue
Advisory services revenue
Analytics revenue
Events revenue
Details
Date
Research Revenues
Research services
Research revenue
Consolidated research revenues
Consulting services revenue
Connect revenue
Advisory services revenue
Analytics revenue
Events revenue
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
157.67 M USD
0.00 USD
74.14 M USD
50.82 M USD
41.56 M USD
19.91 M USD
13.47 M USD
Jan 1, 2019
0.00 USD
0.00 USD
219.19 M USD
0.00 USD
135.95 M USD
56.22 M USD
0.00 USD
23.32 M USD
27.01 M USD
Jan 1, 2020
0.00 USD
0.00 USD
219.67 M USD
294.49 M USD
0.00 USD
54.53 M USD
0.00 USD
20.29 M USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
325.34 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
354.45 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Forrester Research Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Research segment
Product organization
Products segment
Product segment
Business technology
Marketing and strategy
Consulting Segment
Project consulting
Research organization
Events
Events Segment
Details
Date
Research segment
Product organization
Products segment
Product segment
Business technology
Marketing and strategy
Consulting Segment
Project consulting
Research organization
Events
Events Segment
Jan 1, 2015
43.00 M USD
0.00 USD
227.78 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
42.95 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
45.60 M USD
0.00 USD
0.00 USD
235.59 M USD
0.00 USD
0.00 USD
0.00 USD
44.90 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
45.05 M USD
0.00 USD
0.00 USD
238.36 M USD
0.00 USD
0.00 USD
0.00 USD
54.26 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
250.52 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
51.11 M USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
167.22 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
87.09 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
108.87 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
30.75 M USD

Forrester Research Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

Research segment
Consulting
SiriusDecisions segment
Project consulting
Details
Date
Research segment
Consulting
SiriusDecisions segment
Project consulting
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
55.94 M USD
Jan 1, 2019
214.75 M USD
0.00 USD
79.73 M USD
0.00 USD
Jan 1, 2020
351.76 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
372.59 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
396.01 M USD
111.03 M USD
0.00 USD
0.00 USD

Forrester Research Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Events segment
Details
Date
Events segment
Jan 1, 2015
0.00 USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
10.14 M USD
Jan 1, 2021
12.86 M USD
Jan 1, 2022
0.00 USD

Forrester Research Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Europe (Excluding United Kingdom)
Asia Pacific
C A
G B
United Kingdom
Canada
Other Countries
Other country
Details
Date
United States
Europe (Excluding United Kingdom)
Asia Pacific
C A
G B
United Kingdom
Canada
Other Countries
Other country
Jan 1, 2017
260.08 M USD
28.53 M USD
0.00 USD
0.00 USD
0.00 USD
13.65 M USD
14.52 M USD
0.00 USD
20.90 M USD
Jan 1, 2018
274.15 M USD
29.74 M USD
17.84 M USD
0.00 USD
0.00 USD
15.27 M USD
15.57 M USD
0.00 USD
5.00 M USD
Jan 1, 2019
362.87 M USD
32.59 M USD
22.84 M USD
0.00 USD
0.00 USD
21.32 M USD
17.25 M USD
0.00 USD
4.84 M USD
Jan 1, 2020
356.29 M USD
34.90 M USD
22.97 M USD
0.00 USD
0.00 USD
15.74 M USD
14.01 M USD
0.00 USD
5.08 M USD
Jan 1, 2021
381.66 M USD
41.26 M USD
26.77 M USD
0.00 USD
0.00 USD
21.91 M USD
17.21 M USD
0.00 USD
5.50 M USD
Jan 1, 2022
426.04 M USD
36.66 M USD
26.55 M USD
0.00 USD
0.00 USD
20.08 M USD
20.76 M USD
7.70 M USD
0.00 USD
Jan 1, 2024
334.10 M USD
37.70 M USD
20.78 M USD
0.00 USD
0.00 USD
18.93 M USD
12.22 M USD
0.00 USD
8.74 M USD
Jan 1, 2025
304.17 M USD
37.03 M USD
21.77 M USD
0.00 USD
0.00 USD
15.75 M USD
10.92 M USD
0.00 USD
7.25 M USD

Forrester Research Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Forrester Research historical P/E ratio, EBIT multiple, and P/S ratio

Forrester Research annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Forrester Research shares outstanding

The number of shares of Forrester Research was 19 M in 2025. This indicates how many shares Forrester Research is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
19.12 M Stocks
Jan 1, 2021
19.38 M Stocks
Jan 1, 2022
19.05 M Stocks
Jan 1, 2023
19.24 M Stocks
Jan 1, 2024
18.94 M Stocks
Jan 1, 2025
19.00 M Stocks
Jan 1, 2026 (e)
19.00 M Stocks
Jan 1, 2027 (e)
19.00 M Stocks

Forrester Research stock splits

In Forrester Research's history, there have been no stock splits.

Forrester Research Dividend History

8 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20180.80USD 5.3%
20170.76USD 5.6%
20160.72USD 5.9%
20150.68USD 15.0%
20140.80USD 33.3%
20130.60USD 7.1%
20120.56USD 81.3%
20103.00USD

Forrester Research dividend payout ratio

In 2025, Forrester Research had a payout ratio of 91.17%. The payout ratio indicates the percentage of the company's profits that Forrester Research distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
91.97 %
Jan 1, 2021
91.97 %
Jan 1, 2022
90.62 %
Jan 1, 2023
91.52 %
Jan 1, 2024
91.37 %
Jan 1, 2025
91.17 %
Jan 1, 2026 (e)
110.77 %
Jan 1, 2027 (e)
99.18 %

Current Forrester Research forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
0.00 % (0)
Hold
57.14 % (4)
Sell
42.86 % (3)
12M Price Target
12.24
Last Price
11.66
Currency
USD
12M Return Potential
4.97 %
LTM Return
0 %

Forrester Research Analyst Rating Actions

DateFirmActionRating
10/30/2023
Barrington Research
Barrington Research
DowngradeOutperformMarket Perform
7/31/2023
Barrington Research
Barrington Research
MaintainedOutperform
5/15/2023
Barrington Research
Barrington Research
MaintainedOutperform
2/13/2023
Barrington Research
Barrington Research
MaintainedOutperform
2/28/2019
Maxim Group
Maxim Group
MaintainedBuy
10/6/2015
Barrington Research
Barrington Research
MaintainedMarket PerformPerform
2/14/2013
Noble Financial
Noble Financial
DowngradeBuyHold
2/14/2013
Noble Capital Markets
Noble Capital Markets
DowngradeBuyHold

Forrester Research Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/23/20260.27USD-98.85 MUSD-2026 Q2
4/30/20260.12USD-82.36 MUSD-2026 Q1
2/12/20260.22USD-105.32 MUSD-2025 Q4
5/2/20240.15USD-110.22 MUSD-2024 Q1
2/7/20240.25USD-118.76 MUSD-2023 Q4
7/28/20220.75USD-149.07 MUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the Forrester Research stock

55/100
54
Environment
52
Social
58
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Forrester Research shareholder structure

% Name
38.65304%
Colony (George F)
Colony (George F)
3.97342%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
3.79242%
ArrowMark Colorado Holdings, LLC
ArrowMark Colorado Holdings, LLC
3.38310%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.72846%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
2.45954%
Renaissance Technologies LLC
Renaissance Technologies LLC
...

Forrester Research Beneficial Ownership Filings (SEC 13D/G)

Free Float
52.0%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
39.50%
Page 2 of 5 Pages
Page 2 of 5 Pages
SEC ↗
38.70%
George F. Colony
George F. Colony
SEC ↗
34.40%
S.S.
S.S.
SEC ↗
13.92%
04-2683227
04-2683227
SEC ↗
10.00%
52-2343049
52-2343049
SEC ↗
7.94%
Portolan Capital Management, LLC
Portolan Capital Management, LLC
SEC ↗
7.40%
(Entities   Only).
(Entities Only).
SEC ↗
7.40%
20-2436330
20-2436330
SEC ↗
6.70%
P2 Capital Partners, LLC
P2 Capital Partners, LLC
SEC ↗
6.70%
Claus Moller
Claus Moller
SEC ↗

Forrester Research Executives and Management Board

13 members · avg. age 55 · 31 % women

CJ

Ms. Carrie Johnson (49)

Chief Product Officer

1.03 M USD

Management

NS

Mr. Nate Swan (57)

Chief Sales Officer

1.03 M USD
LF

Mr. L. Christian Finn (54)

Chief Financial Officer

1.02 M USD
RD

Mr. Ryan Darrah (53)

Chief Legal Officer and Secretary · since 2017

928,385.00 USD
SL

Ms. Sharyn Leaver (50)

Chief Research Officer

800,368.00 USD
GC

Mr. George Colony (71)

Chairman of the Board, President, Chief Executive Officer · since 1983

215,293.00 USD
JG

Ms. Jobina Gonsalves (46)

Chief People Officer

Board of Directors

WR

Mr. Warren Romine (54)

Independent Director

162,986.00 USD
NB

Mr. Neil Bradford (52)

Independent Director · since 1999

154,986.00 USD
AF

Mr. Anthony Friscia (69)

Independent Director

154,986.00 USD
CM

Ms. Corinne Munchbach (37)

Independent Director

144,986.00 USD
RB

Mr. Robert Bennett (68)

Independent Director

144,984.00 USD

Frequently asked questions about Forrester Research

Forrester Research Inc is a technology and market research company specializing in providing insights and advisory services to businesses and organizations. With a focus on technology-driven industries, Forrester Research conducts extensive research and analysis to help companies make informed decisions and stay ahead in the market. By leveraging their in-depth knowledge and expertise, Forrester Research offers strategic guidance on various topics like digital transformation, customer experience, marketing, and technology adoption. With its comprehensive research reports and data-driven analysis, Forrester Research enables businesses to understand market trends, assess competition, optimize their strategies, and drive growth in the ever-evolving digital landscape.

Forrester Research Inc is primarily active in market research and technology consulting. With a focus on providing insights and guidance to companies, Forrester Research Inc serves various industries such as technology, telecommunications, automotive, financial services, healthcare, retail, and consumer goods. As a leading authority in its field, Forrester Research Inc helps businesses understand market trends, consumer behaviors, and emerging technologies to make informed decisions and drive growth.

The main competitors of Forrester Research Inc in the market include Gartner Inc, Nielsen Holdings PLC, and Accenture PLC.

Forrester Research Inc, a renowned market research company, was founded in 1983 by George F. Colony. With headquarters in Cambridge, Massachusetts, Forrester Research specializes in providing strategic insights and consulting services to businesses across various industries. As a leading authority in market research, the company conducts extensive research and analysis to help organizations make informed decisions and navigate the ever-changing business landscape. Leveraging advanced technology and a team of industry experts, Forrester Research delivers valuable reports, surveys, and trends analysis to support clients in understanding consumer behavior, emerging technologies, and market dynamics. Throughout its history, Forrester Research Inc has established itself as a trusted partner for companies seeking guidance in driving business growth and success.

Forrester Research Inc. is a leading market research company that has achieved several significant milestones over the years. One noteworthy achievement is the company's establishment in 1983 by George F. Colony, who laid the foundation for the organization's success. Another milestone was Forrester Research's successful initial public offering (IPO) in 1996, which helped strengthen the company's financial position and expand its services globally. In addition, Forrester Research has consistently been recognized as a top research firm, receiving accolades such as "Best Analyst/Advisory Firm" by the Institute of Industry Analyst Relations (IIAR). These accomplishments highlight Forrester Research Inc.'s enduring commitment to delivering valuable insights and expertise in the field of market research.

Forrester Research Inc is primarily present in various countries and regions worldwide. This includes North America, Europe, Asia Pacific, and Latin America. With its headquarters located in Cambridge, Massachusetts, the company has established a strong presence in the United States. Additionally, Forrester Research Inc has offices in major cities across the globe, such as London, Amsterdam, Beijing, Sydney, and Sao Paulo. Through its extensive global network, Forrester Research Inc delivers valuable insights and advisory services to businesses and organizations across different markets, helping them navigate the complex world of technology, customer experience, and digital transformation.

Forrester Research Inc represents a strong commitment to delivering valuable insights and strategic guidance to businesses. With a focus on technology, marketing, and customer experience, Forrester Research aims to help companies navigate the rapidly evolving digital landscape. The company prides itself on its customer-centric approach, emphasizing the importance of understanding and addressing customers' needs effectively. By offering research-driven solutions and actionable recommendations, Forrester Research enables businesses to make informed decisions, drive growth, and stay competitive in their respective industries. This commitment to excellence and innovation has made Forrester Research a trusted partner for organizations seeking to thrive in the digital era.

Analysts currently set an average price target of 12.24 USD for the Forrester Research stock (median: 12.24 USD), implying +5.0 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the Forrester Research stock: 0 recommend buying, 4 holding and 3 selling. For 2026, analysts expect Forrester Research to generate revenue of 356.50 M USD and earnings per share of 0.77 USD.

Converted at the current exchange rate, the Forrester Research share trades at 10.09 EUR (11.66 USD).

The Forrester Research share (FORR) is listed on 2 stock exchanges, including: NASDAQ (FORR), Frankfurt (FFR.F).

Forrester Research Inc is a leading company in the field of market research and consulting for IT and marketing professionals worldwide. The company offers top-notch consulting, research, and analysis on the latest technologies and market trends to help clients improve their business results. The core business of Forrester Research Inc consists of three pillars: 1. Research & Advisory Services Forrester Research offers its clients high-quality research and advisory services on the latest trends in the technology and marketing industry. The company has a global network of analysts who provide insights on key industry topics and challenges. Clients can choose from various subscription plans tailored to their needs and budgets. 2. Data & Insights Services Forrester Research also collects and analyzes important industry data, including market size, competitive analysis, customer behavior, and more. These data and insights are then processed into reports and analysis to help companies make informed decisions and improve their business strategies. 3. Professional Services Forrester Research Inc also provides professional services such as training and workshops to support clients in implementing their strategic plans. These services include training on topics such as social media marketing, digital transformation, and customer experience. Forrester Research Inc also offers a variety of products to its clients, including: 1. Forrester Wave Reports The Forrester Wave Reports are industry-specific assessments of technology providers based on various criteria such as market presence and product features. 2. Forrester Data Reports These reports provide clients with detailed insights into current industry trends and statistics, including market size, customer behavior, and competitive analysis. 3. Forrester Consulting Forrester Consulting provides tailored consulting services to companies to help them implement their business strategies. In summary, the business model of Forrester Research Inc aims to provide its clients with customized research and consulting to improve their business results. The company strives to offer excellent customer service and a wide range of products and services to ensure that clients receive the support they need to achieve their business goals.

The expected revenue of Forrester Research is 356.50 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Forrester Research is 14.61 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Forrester Research is currently 15.17. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Forrester Research stock.

The price-to-sales ratio (P/S) of Forrester Research is currently 0.62. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Forrester Research stock.

The Eulerpool Quality Score for Forrester Research is 1/10.

The ISIN of Forrester Research is US3465631097. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Forrester Research is 903998. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Forrester Research is FORR. The ticker symbol is used to trade Forrester Research shares on the stock exchange.

Over the past 12 months, Forrester Research paid a dividend of 0.80 USD . This corresponds to a dividend yield of about 6.86 %. For the coming 12 months, Forrester Research is expected to pay a dividend of 0.90 USD.

The current dividend yield of Forrester Research is 6.86 %.

Forrester Research pays a dividend, distributed in the months of , , , .

Forrester Research paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.90 USD are expected. This corresponds to a dividend yield of 7.80 %.

Forrester Research is assigned to the 'Industry' sector.

To receive the latest dividend of Forrester Research from amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of Forrester Research are distributed in USD.