FORR
BuySecond WindAI neutralForrester Research, Inc. · Industrials · United States · $238M cap · $1.3M/day traded
$12.33 -1.2% · close 26 Oct · scored 27 Oct
StockRank down 2.5 since 24 Oct.
Second Wind: Cheap and rising again, but the business does not yet earn the optimism.
As of 27 Oct 2026, MoatMap's StockRank for Forrester Research, Inc. (FORR) is 80/100, ranked against 24,000+ stocks in 35 markets (Quality 40, Value 53, Momentum 84, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Forrester sells research subscriptions and advisory services to technology and marketing leaders. Recent news is positive: it won an expanded US Air Force contract, launched an AI Disruption Model, and says AI adoption drives interest in its research. The company also has an active buyback. However, subscription research is exposed to substitution by AI tools, contract value has been under pressure for several years, and insiders sold about 0.09% of shares.
ABOUT FORRESTER RESEARCH, INC.
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Forrester Research, Inc. provides independent market research, data, and advisory services to business and technology leaders globally, including proprietary research, events, and consulting. It is a well-regarded authority in technology and business insights, known for its rigorous research methodology and actionable strategic advice for enterprise clients. Forrester is a prominent research and advisory firm serving senior decision-makers, leveraging its brand reputation and deep analytical capabilities.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 537.8M | 480.8M | 432.5M | 396.9M | -9.6% | 381.0M | 355.1M | 357.7M | -5.1% |
| EPS | 1.15 | 0.16 | -0.30 | -6.28 | -86.1% | -2.24 | — | — | — |
| Shares | 19.1M | 19.2M | 18.8M | 19.0M | -0.3% | 19.0M | — | — | — |
| Debt | 114.4M | 86.9M | 72.6M | 71.9M | -14.3% | 64.0M | — | — | — |
| Equity | 221.7M | 240.3M | 229.5M | 126.5M | -17.0% | — | — | — | — |
| Op CF | 39.4M | 21.7M | -3.9M | 21.1M | -18.8% | 23.0M | — | — | — |
| Inv CF | -6.8M | -36.8M | 5.0M | -14.1M | — | — | — | — | — |
| Fin CF | -38.9M | -18.3M | -16.1M | -2.6M | — | — | — | — | — |
Above its 200-day average and 3% below its 52-week high.
Swung more than 69% of stocks we rank over the past year (55% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of FORR are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FORR | Forrester Research, Inc.(you) | $238M | 80 | Buy |
| SBC | SBC Medical Group Holdings Incorporated | $543M | 98 | Strong Buy |
| CRAI | CRA International, Inc. | $1.3B | 65 | Buy |
| ICFI | ICF International, Inc. | $1.7B | 89 | Strong Buy |
| HURN | Huron Consulting Group Inc. | $3.1B | 82 | Strong Buy |
| PPHC.L | Public Policy Holding Company, Inc. | $289M | 27 | Sell |
| RGP | Resources Connection, Inc. | $93M | 32 | Sell |
| BAH | Booz Allen Hamilton Holding Corporation | $9.4B | 75 | Buy |
| FCN | FTI Consulting, Inc. | $4.3B | 52 | Hold |
| PPIH | Perma-Pipe International Holdings, Inc. | $235M | 79 | Buy |
Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.