Forrester Research Q1 revenue falls

Forrester Research

06/05/2026 21:51

Overview

Research and advisory firm's Q1 revenue declined 5% yr/yr to $85.5 mln

Adjusted net loss for Q1 was $0.7 mln, compared to adjusted net income last year

Contract value fell 3% yr/yr to $285.3 mln as of March 31, 2026

Outlook

Forrester sees 2026 revenue between $350.0 mln and $360.0 mln, down 11.8% to 9.3%

Company expects 2026 adjusted diluted EPS of $0.72 to $0.82

Forrester says improved AI capabilities expected to support client productivity and value

Result Drivers

AI CAPABILITIES - Co said it improved AI features to help clients access and use Forrester research more easily

Company press release: ID:nBw2kWkPDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$85.45 mln
$83.29 mln (2 Analysts)
Q1 EPS
-$1.14
Q1 Adjusted Net Income
Miss
-$700,000
$2.26 mln (1 Analyst)
Q1 Net Income
-$21.83 mln
Q1 Pretax Profit
-$18.72 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

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 $6.00, about 3.4% below its May 5 closing price of $6.21

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)