FTRE — Fortrea Holdings Inc.

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

Trend Edge Setup Score

Trend Edge rates FTRE Bullish with a Setup Score of 38, net conviction 23, actionability 62. How the Setup Score works →

Total Setup Score38
Directional BiasBullish
Net Conviction23
Actionability62 (in range)

Key signals behind this score

About Fortrea Holdings Inc.

Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical pharmacology, such as clinical research units, external partnerships, project management, study design and monitoring, bioanalytics and biomarkers, pharmacokinetics, modeling and simulation, and biometrics; and clinical deve… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$18.53
Market Cap$1.73B
Float94.0M
Shares Outstanding95.1M
P/E (Forward)12.90
Price/Sales (TTM)0.65
vs. Analyst Target+10.9% to analyst PT
Profit Margin-3.18%
Operating Margin (TTM)2.58%
Revenue (TTM)$2.68B
Earnings Growth (YoY)-57.40%
Dividend RateNone
Analyst Target Price$20.55 (12 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.58B -$359M $489M $222M
2021 $3.06B $98.0M $604M $303M
2022 $2.84B $186M $724M $281M
2023 $2.84B -$25.2M $591M $137M
2024 $2.70B -$329M $534M -$64.3M
2025 $2.72B -$986M $426M -$814M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $701M -$15.9M
Dec 2025 $661M -$32.5M
Mar 2026 $637M -$23.6M
Jun 2026 $678M -$13.2M

Ownership & Float

Insider Ownership1.2%
Institutional Ownership109.5%
Short Float11.9%
% of All Funds Holding3.77%
Number of Funds Holding332

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$18.19Near-term / short-term trend
Weekly40-Week SMA$14.60Medium-term trend
Weekly80-Week SMA$11.29Cyclical trend (business cycle)
Weekly200-Week SMA$0.00Secular trend (multi-year)
Monthly10-Month SMA$14.89Near-term monthly trend
Monthly20-Month SMA$11.85Medium-term monthly trend
Monthly40-Month SMA$0.00Secular 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
$27.60 resistance 1.43x 23 months ago

Historical Earnings Reactions (14 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.67% 0.39% 64.29% 4.56% -3.43%
1 Day 1.57% 1.82% 57.14% 10.88% -7.78%
1 Week -3.89% -6.47% 28.57% 20.06% -19.74%
2 Weeks -5.75% -6.99% 28.57% 17.71% -19.46%
1 Month 4.00% 6.74% 61.54% 53.04% -34.59%

Next earnings: October 17, 2026 (51 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.37% 52.6% 152
Tuesday 0.25% 49.1% 165
Wednesday 0.51% 49.7% 163
Thursday -0.06% 50.6% 158
Friday -0.16% 43.1% 160

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 109.5%

Insider Transactions — Smart Summary

Total insider ownership: 1.2%

12-Month Insider Activity Summary

Total Filings21
Net Value-$4.6M
Net Shares Change278,051
% of Float0.3%
C-Suite Filings19
Clusters Detected4

Key Insiders

NameTitleNet ValueFilingsActivity
Thakral Anshul Chief Executive Officer -$3.9M 2 2 sell
Morais Mark A. Chief Operating Officer -$284,689.43 4 4 sell
SANDERS MACHELLE -$174,697 1 1 sell
Mcconnell Jill G. Chief Financial Officer -$121,277.61 2 2 sell
Parks Robert Chief Accounting Officer -$17,478.083 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-09-04 – 2025-09-17 6 5 -$60,768.4 5 C-suite
2026-03-11 – 2026-03-17 5 3 -$138,360.043 5 C-suite
2026-05-20 – 2026-06-03 3 3 -$177,628.68 3 C-suite
2026-08-05 – 2026-08-19 4 3 -$4.2M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-07 Thakral Anshul Chief Executive Officer -$2.0M Transaction at $18.11, now +2.3%
2026-08-06 Thakral Anshul Chief Executive Officer -$1.9M Transaction at $19.16, now -3.3%
2026-08-19 Morais Mark A. Chief Operating Officer -$88,985.48 Transaction at $18.19, now +1.9%
2026-08-05 SANDERS MACHELLE -$174,697 Transaction at $18.01, now +2.9%
2026-06-12 Morais Mark A. Chief Operating Officer -$78,616.68 Transaction at $16.82, now +10.2%
2026-06-03 Morais Mark A. Chief Operating Officer -$75,374.34 Transaction at $15.49, now +19.6%

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 Fortrea Holdings Inc. (FTRE) 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 FTRE on Trend Edge →