JPMorgan cuts Fortive stock target to USD 56.00, 3.10 percent below price

Published on 10/17/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fortive's next earnings call is scheduled for October 28, 2026. Fortive stock was last at EUR 51.39 on October 16, 2026 at 11:00 p.m. CEST.

Analyst target and reporting date

JPMorgan set a USD 56.00 target and kept an underweight rating on October 9, 2026.
Fortive's next third-quarter earnings call is scheduled for October 28, 2026.
Fortive stock was last at EUR 51.39 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.

Schwarz-Weiß-Reportage eines Arbeiters bei Fortive Corp. mit Messgeräten in einer Industriehalle — Fortive Corp. Schwarzweiß-Reportage zeigt Industriearbeiter mit Messinstrumenten in einer Fertigungshalle, ISIN US34959J1088, Illustration mit AI erstellt.

JPMorgan cut its Fortive target from USD 64.00 to USD 56.00 and kept an underweight rating on October 9, 2026, according to MarketBeat. Against the USD 57.79 last price on the NYSE on October 16, 2026, the target is 3.10 percent lower. Fortive stock was last at EUR 51.39 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.

Results date sets the next marker

Fortive will hold its third-quarter 2026 earnings call on October 28, 2026, at 12:00 p.m. ET. The date was announced in an official release dated September 30, 2026, which is available from Fortive. The call is the next scheduled company event and gives investors a defined date for the next operating update.

Stock remains inside its yearly range

Fortive's last NYSE price of USD 57.79 stood between a 52-week low of USD 48.77 and a 52-week high of USD 64.56 on October 16, 2026. The price was 10.99 percent above the low and 10.48 percent below the high. The same quote showed a market capitalization of USD 17.5 billion and a price-to-earnings ratio of 33.99.

Fortive develops industrial technology, software and healthcare products through its Intelligent Operating Solutions and Advanced Healthcare Solutions businesses. Its profile identifies the company as part of the technology sector and hardware, equipment and parts industry.

Valuation sits above selected peers

Fortive's price-to-earnings ratio of 33.99 was higher than Roper Technologies' 15.95 on October 16, 2026, while Fortive's USD 17.5 billion market value was below Roper's USD 37.9 billion. Danaher traded at USD 229.04 with a price-to-earnings ratio of 40.68 and a market capitalization of USD 161.0 billion on the same date.

Comparison with peers

Fortive Corporation: price-to-earnings ratio 33.99, market capitalization USD 17.5 billion

Danaher (NYSE, USD): minus 1.06 percent, price-to-earnings ratio 40.68, market capitalization USD 161.0 billion

Roper Technologies (NYSE, USD): plus 0.07 percent, price-to-earnings ratio 15.95, market capitalization USD 37.9 billion

Dates and valuation guide the view

The October 28 earnings call is the next dated catalyst. The contrast between Fortive's price-to-earnings ratio of 33.99 and Roper's 15.95 gives the valuation discussion a concrete comparison, while JPMorgan's USD 56.00 target remains below the October 16 NYSE price.

Price and market position

Fortive's last available euro quotation stood at EUR 51.39 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST. The NYSE last price was USD 57.79 on October 16, 2026 at 4:00 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Fortive Corp stock.