FORR — Forrester Research Inc

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates FORR Bearish with a Setup Score of 0, net conviction 18, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction18
Actionability0 (no mans land)

Key signals behind this score

About Forrester Research Inc

Forrester Research, Inc. operates as an independent research and advisory company in the United States, Europe, the United Kingdom, Canada, Asia Pacific, and internationally. It operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions which are designed to provide business and technology leaders with a proven path to growth through customer obsession. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$12.03
Market Cap$222M
Float9.6M
Shares Outstanding19.0M
P/E (Forward)20.28
Price/Sales (TTM)0.58
vs. Analyst Target-0.2% to analyst PT
Profit Margin-11.17%
Operating Margin (TTM)5.45%
Revenue (TTM)$381M
Earnings Growth (YoY)290.00%
Dividend RateNone
Analyst Target Price$12.00 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $449M $10.0M $268M $61.2M
2021 $494M $24.8M $293M $73.3M
2022 $538M $21.8M $314M $70.1M
2023 $481M $3.0M $276M $41.4M
2024 $432M -$5.7M $423M $35.8M
2025 $397M -$119M $226M -$95.3M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $94.3M -$2.1M
Dec 2025 $101M -$33.9M
Mar 2026 $85.5M -$21.8M
Jun 2026 $100M $15.3M

Ownership & Float

Insider Ownership40.6%
Institutional Ownership60.3%
Short Float6.1%
% of All Funds Holding1.11%
Number of Funds Holding98

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$10.49Near-term / short-term trend
Weekly40-Week SMA$7.68Medium-term trend
Weekly80-Week SMA$8.71Cyclical trend (business cycle)
Weekly200-Week SMA$18.30Secular trend (multi-year)
Monthly10-Month SMA$8.03Near-term monthly trend
Monthly20-Month SMA$9.15Medium-term monthly trend
Monthly40-Month SMA$15.80Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$8.50 support 1.17x 0 months ago
$7.00 support 1.48x 1 months ago

Historical Earnings Reactions (119 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.40% -0.35% 33.61% 12.99% -20.29%
1 Day -0.60% -0.74% 44.54% 18.07% -14.03%
1 Week 0.79% -0.24% 48.74% 46.10% -19.29%
2 Weeks 1.12% -0.03% 49.58% 42.14% -30.97%
1 Month 0.93% 0.45% 51.69% 67.18% -47.67%

Next earnings: October 18, 2026 (53 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-2.5%40.0%30
Feb-3.5%33.3%30
Mar1.4%46.7%30
Apr2.1%60.0%30
May3.9%53.3%30
Jun1.6%66.7%30
Jul0.8%53.3%30
Aug-0.8%51.7%29
Sep-1.9%31.0%29
Oct-0.9%51.7%29
Nov2.0%62.1%29
Dec6.3%66.7%30

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.03% 48.9% 1407
Tuesday 0.03% 49.9% 1536
Wednesday 0.20% 49.7% 1534
Thursday 0.02% 49.1% 1505
Friday 0.00% 48.0% 1497

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 60.3%

Insider Transactions — Smart Summary

Total insider ownership: 40.6%

Founder-led management: George F. Colony (Chairman of the Board and Chief Executive Officer)

12-Month Insider Activity Summary

Total Filings3
Net Value-$198,863.2
Net Shares Change-17,000
% of Float-0.2%
C-Suite Filings3
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Finn Leo Christian Chief Financial Officer -$82,432.7 1 1 sell
Darrah Ryan Chief Legal Officer -$58,880.5 1 1 sell
Johnson Carrie Chief Product Officer -$57,550 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-08-14 – 2026-08-20 3 3 -$198,863.2 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-20 Finn Leo Christian Chief Financial Officer -$82,432.7 Transaction at $11.78, now +2.2%
2026-08-20 Darrah Ryan Chief Legal Officer -$58,880.5 Transaction at $11.78, now +2.2%
2026-08-14 Johnson Carrie Chief Product Officer -$57,550 Transaction at $11.51, now +4.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Forrester Research Inc (FORR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FORR on Trend Edge →