Fortive Corporation (FTV) earnings on July 29, 2026

Before the market opens Q2 2026

More Fortive Corporation earnings

Prior outlook: Optimistic Outcome: Missed

The stock dropped sharply, falling as much as 9.16% during the day and closing down 7.10%, even though investors had been optimistic before the announcement.

FTV price around the earnings

59.54

Change: -7.1%

2026-07-29, 20:00 UTC

End of the measured window
58.28 60.69 63.09 65.50 64.09
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 29, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published
Results released

Positive trend strength, strong beat history (75%), but limited analyst upside (+0.2%) and negative q_earnings growth.

Context analyzed before publication

Trend
Recent trajectory shows a significant positive swing after earlier muted trend strength, indicating a moderate run-up into earnings.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.73
Analysts covering the stock
13
Average price target
64.23
Lowest price target
51
Highest price target
72
Upside to price target
0.2%
Quarterly earnings growth
-20.7%
Revenue growth
7.7%
Forward EPS
3.22
Trailing EPS
1.74
Analyst moves in the last 60 days
2
  • Strong buy: 1
  • Buy: 3
  • Hold: 9
  • Sell: 1
  • Strong sell: 1
Strong buy
1
Buy
3
Hold
9
Sell
1
Strong sell
1
  • July 2, 2026 · Truist Securities: Maintains rating (Hold → Hold)
  • June 3, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (3)

Technicals

Evidence

Price when the context was analyzed
64.1
Average true range (ATR)
2%
Distance to 52-week high
-1.1%
14-day change (14d)
+5.6%
30-day change (32d)
+4.3%
30-day relative strength
+2.8%
SPY change (32d)
+1.6%
Nearest support
64.04
Distance to nearest support
0.1%
Nearest resistance
64.34
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
0.81
  • Mid: 64.04 (0.1% away, 0.05 ATR, 5 touches)
  • Minor: 63.52 (0.9% away, 0.46 ATR, 3 touches)
  • Minor: 63.26 (1.3% away, 0.67 ATR, 2 touches)
  • Minor: 64.33 (0.4% away, 0.19 ATR, 2 touches)
  • Minor: 64.77 (1.1% away, 0.54 ATR, 1 touches)
  • Mid: 65.01 (1.4% away, 0.73 ATR, 5 touches)

Trends

Evidence

Average earnings surprise
+8.4%
  • April 30, 2026: actual EPS 0.7 vs estimate 0.64 (surprise +8.9%)
  • February 4, 2026: actual EPS 0.9 vs estimate 0.84 (surprise +7.4%)
  • October 29, 2025: actual EPS 0.68 vs estimate 0.57 (surprise +19.5%)
  • July 30, 2025: actual EPS 0.58 vs estimate 0.59 (surprise -2.1%)

Expected move

Implied move
+2.1%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.5%
75th percentile move
5.2%
90th percentile move
8%
Up / down moves
8 / 12
Average up move
+4.3%
Average down move
-4.3%

Monitoring and close

What Fortive Corporation reported

Status
Finished
Actual EPS0.74
EPS estimate0.71
EPS surprise+4.2%
Revenue$1,097 million
Revenue estimate$1,068 million
Revenue surprise+2.7%

Fortive beat Q2 2026 estimates and raised FY2026 EPS guidance. Optimistic outlook after earnings release and conference call.

Sources (11)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures confirm the optimistic scenario. In the 1576 past cases with a similar move, the close held that direction 76% of the time.

How the stock reacted

Outcome
Missed
Consolidated
-7.1%
Max favorable move (MFE)
0%
Max adverse move (MAE)
9.2%