Brief: Forrester Research Q2 Revenue USD 111.659 Million

Forrester Research

31/07/2025 21:05

Overview

Forrester Research Q2 rev falls 8.3% yr/yr, beats analyst expectations, per LSEG data

Adjusted net income for Q2 beats consensus despite 24% decline yr/yr

Co's contract value drops 7% yr/yr due to market uncertainty

Outlook

Forrester expects 2025 revenue of about $400 mln to $410 mln

Company projects 2025 GAAP operating margin of negative 18.4% to 17.4%

Forrester anticipates 2025 adjusted EPS of $1.20 to $1.35

Company sees market uncertainty impacting contract value in 2025

Result Drivers

MARKET UNCERTAINTY - Contract value declined 7% yr/yr due to ongoing market uncertainty, per CEO George F. Colony

AI ENHANCEMENTS - Co focused on enhancing its generative AI tool, Izola, to serve clients and maintain leadership in AI research

MACROECONOMIC PRESSURES - Despite macroeconomic pressures, co delivered revenue and EPS above consensus

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$111.66 mln
$110 mln (3 Analysts)
Q2 EPS
$0.2
Q2 Adjusted Net Income
Beat
$9.80 mln
$7.47 mln (1 Analyst)
Q2 Net Income
$3.91 mln
Q2 Pretax Profit
$7.12 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy."

Wall Street's median 12-month price target for Forrester Research Inc is $14.00, about 30.7% above its July 30 closing price of $9.70

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw8nVHFXa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)