Forrester Research, Inc.

  • Market Cap: Micro Cap
  • Industry: Miscellaneous
  • ISIN: US3465631097
USD
6.82
-0.13 (-1.87%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

80.06 k

Shareholding (Mar 2025)

FII

5.19%

Held by 60 FIIs

DII

57.32%

Held by 40 DIIs

Promoter

0.00%

How big is Forrester Research, Inc.?

22-Jun-2025

As of Jun 18, Forrester Research, Inc. has a market capitalization of 234.25 million and reported net sales of 422.28 million, but incurred a net loss of 86.35 million. The balance sheet shows shareholder's funds of 229.54 million and total assets of 503.86 million.

As of Jun 18, Forrester Research, Inc. has a market capitalization of 234.25 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 422.28 million for the latest four quarters. However, it also recorded a net profit of -86.35 million during the same period, indicating a loss.<BR><BR>As of Dec 24, the balance sheet shows shareholder's funds amounting to 229.54 million and total assets of 503.86 million. This snapshot reflects the company's financial position at the end of the latest annual period.

Read More

What does Forrester Research, Inc. do?

22-Jun-2025

Forrester Research, Inc. is an independent research and advisory firm with recent net sales of $90 million and a net profit of -$87 million. It has a market cap of $234.25 million and key metrics include a P/E ratio of 130.00 and a return on equity of 1.33%.

Overview: <BR>Forrester Research, Inc. is an independent research, data, and advisory services firm operating in the Miscellaneous industry, categorized as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 90 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -87 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 234.25 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 130.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.59 <BR>Return on Equity: 1.33% <BR>Price to Book: 1.59<BR><BR>Contact Details: <BR>Address: 60 Acorn Park, CAMBRIDGE MA: 02140-2303 <BR>Tel: 1 617 6136000 <BR>Website: https://go.forrester.com/

Read More

Should I buy, sell or hold Forrester Research, Inc.?

22-Jun-2025

Who are in the management team of Forrester Research, Inc.?

22-Jun-2025

As of March 2022, the management team of Forrester Research, Inc. includes George Colony as Chairman, President, and CEO, and Robert Galford as Lead Independent Director, along with independent directors Jean Birch, David Boyce, Neil Bradford, and Anthony Friscia.

As of March 2022, the management team of Forrester Research, Inc. includes Mr. George Colony, who serves as the Chairman of the Board, President, and Chief Executive Officer. Additionally, the board features Mr. Robert Galford as the Lead Independent Director, along with independent directors Ms. Jean Birch, Mr. David Boyce, Mr. Neil Bradford, and Mr. Anthony Friscia.

Read More

Is Forrester Research, Inc. overvalued or undervalued?

20-Sep-2025

As of November 5, 2024, Forrester Research, Inc. is considered overvalued and risky, with a high P/E ratio of 130 compared to peers, poor financial metrics like a 1.33% ROE, and significant stock underperformance, reflected in a year-to-date return of -28.46%.

As of 5 November 2024, Forrester Research, Inc. has moved from an expensive to a risky valuation grade. The company appears to be overvalued, particularly when considering its P/E ratio of 130, which is significantly higher than peers like HireRight Holdings Corp. with a P/E of 57.62 and The Hackett Group, Inc. at 69.15. Additionally, Forrester's EV to EBITDA stands at 4.14, while its peer average is considerably lower, indicating a potential overvaluation relative to its earnings before interest, taxes, depreciation, and amortization.<BR><BR>The company's financial metrics further highlight its challenges, with a ROE of only 1.33% and an EV to Sales ratio of 0.40, suggesting inefficiencies in generating returns and sales relative to its enterprise value. In terms of stock performance, Forrester's year-to-date return of -28.46% and one-year return of -41.00% starkly contrast with the S&P 500's returns of 12.22% and 17.14%, respectively, reinforcing the notion that the stock is struggling in the current market environment.

Read More

Is Forrester Research, Inc. technically bullish or bearish?

20-Sep-2025

As of August 14, 2025, Forrester Research, Inc. shows a mildly bearish trend influenced by daily moving averages, while longer-term performance has significantly underperformed the S&P 500, with year-to-date returns of -28.46% compared to the S&P 500's 12.22%.

As of 14 August 2025, the technical trend for Forrester Research, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearishness, while the weekly and monthly MACD shows a mildly bullish signal. The Bollinger Bands present a mixed picture with weekly bullishness and monthly mild bearishness. Additionally, the KST is bearish on a monthly basis but mildly bullish weekly, and Dow Theory supports a mildly bullish view in both time frames. <BR><BR>In terms of performance, Forrester has underperformed the S&P 500 significantly over the longer term, with a year-to-date return of -28.46% compared to the S&P 500's 12.22%, and a one-year return of -41.00% against the S&P 500's 17.14%.

Read More
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Dashboard
1

Poor Management Efficiency with a low ROE of 8.22%

  • The company has been able to generate a Return on Equity (avg) of 8.22% signifying low profitability per unit of shareholders funds
2

The company has declared Negative results for the last 10 consecutive quarters

3

Risky -

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Miscellaneous

stock-summary
Market cap

USD 238 Million (Micro Cap)

stock-summary
P/E

130.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.59

stock-summary
Return on Equity

-0.12%

stock-summary
Price to Book

1.49

Revenue and Profits:
Net Sales:
112 Million
(Quarterly Results - Jun 2025)
Net Profit:
4 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-29.11%
0%
-29.11%
6 Months
-34.23%
0%
-34.23%
1 Year
-59.16%
0%
-59.16%
2 Years
-72.42%
0%
-72.42%
3 Years
-81.25%
0%
-81.25%
4 Years
-87.98%
0%
-87.98%
5 Years
-84.18%
0%
-84.18%

Forrester Research, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-1.86%
EBIT Growth (5y)
-14.81%
EBIT to Interest (avg)
8.43
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.59
Sales to Capital Employed (avg)
1.78
Tax Ratio
12.31%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
62.35%
ROCE (avg)
19.77%
ROE (avg)
8.22%
Valuation key factors
Factor
Value
P/E Ratio
130
Industry P/E
Price to Book Value
1.73
EV to EBIT
11.43
EV to EBITDA
4.14
EV to Capital Employed
2.78
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
24.31%
ROE (Latest)
1.33%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 49 Schemes (37.44%)

Foreign Institutions

Held by 60 Foreign Institutions (5.19%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -8.29% vs -10.18% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -38.10% vs 18.87% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "111.70",
          "val2": "121.80",
          "chgp": "-8.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.10",
          "val2": "18.30",
          "chgp": "-28.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.70",
          "val2": "0.80",
          "chgp": "-12.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.50",
          "val2": "-0.10",
          "chgp": "-400.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.90",
          "val2": "6.30",
          "chgp": "-38.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "66.70%",
          "val2": "93.50%",
          "chgp": "-2.68%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -10.05% vs -10.60% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -290.00% vs -86.24% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "432.50",
          "val2": "480.80",
          "chgp": "-10.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "44.50",
          "val2": "52.10",
          "chgp": "-14.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.00",
          "val2": "3.10",
          "chgp": "-3.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-11.80",
          "val2": "-13.30",
          "chgp": "11.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-5.70",
          "val2": "3.00",
          "chgp": "-290.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "33.00%",
          "val2": "41.70%",
          "chgp": "-0.87%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoYstock-summary
Jun'25
Jun'24
Change(%)
Net Sales
111.70
121.80
-8.29%
Operating Profit (PBDIT) excl Other Income
13.10
18.30
-28.42%
Interest
0.70
0.80
-12.50%
Exceptional Items
-0.50
-0.10
-400.00%
Consolidate Net Profit
3.90
6.30
-38.10%
Operating Profit Margin (Excl OI)
66.70%
93.50%
-2.68%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2025 is -8.29% vs -10.18% in Jun 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -38.10% vs 18.87% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
432.50
480.80
-10.05%
Operating Profit (PBDIT) excl Other Income
44.50
52.10
-14.59%
Interest
3.00
3.10
-3.23%
Exceptional Items
-11.80
-13.30
11.28%
Consolidate Net Profit
-5.70
3.00
-290.00%
Operating Profit Margin (Excl OI)
33.00%
41.70%
-0.87%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -10.05% vs -10.60% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -290.00% vs -86.24% in Dec 2023

stock-summaryCompany CV
About Forrester Research, Inc. stock-summary
stock-summary
Forrester Research, Inc.
Miscellaneous
Forrester Research, Inc. (Forrester) is an independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting. The Research segment is responsible for writing the research and performing the Webinars and inquiries for its Research and Connect products. The Product segment includes the product management organization that is responsible for product pricing and packaging and the launch of new products. In addition, this segment includes its Data, Connect and Events organizations. The Project Consulting segment offers project consulting services. Its products and services are categorized into Forrester Research, Forrester Connect, Forrester Data, Forrester Consulting and Forrester Events.
Company Coordinates stock-summary
Company Details
60 Acorn Park , CAMBRIDGE MA : 02140-2303
stock-summary
Tel: 1 617 6136000
stock-summary
Registrar Details