Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Fortive ( (FTV) ) has provided an update.
On May 15, 2025, Ralliant Corporation, a subsidiary of Fortive Corporation, entered into a credit agreement with a syndicate of banks, establishing significant credit facilities. This agreement includes a three-year, $700 million term loan, an eighteen-month, $600 million term loan, and a $750 million revolving credit facility. The credit facilities are contingent upon the separation of Ralliant from Fortive, with the proceeds intended to fund a cash distribution to Fortive and support Ralliant’s working capital needs post-separation. This strategic financial move is expected to enhance Ralliant’s operational independence and financial flexibility, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (FTV) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Fortive stock, see the FTV Stock Forecast page.
Spark’s Take on FTV Stock
According to Spark, TipRanks’ AI Analyst, FTV is a Outperform.
Fortive presents a solid financial foundation with strong cash flow and profitability, supported by effective management strategies. However, the high valuation and macroeconomic challenges, particularly in Precision Technologies, pose risks. The stock’s technical indicators suggest positive momentum but caution due to approaching overbought levels. The company’s proactive measures in the earnings call provide confidence in its ability to navigate external pressures, resulting in a moderately strong overall score.
To see Spark’s full report on FTV stock, click here.
More about Fortive
Fortive Corporation is a diversified industrial technology company that operates in various sectors, providing essential products and services. It focuses on precision technologies and other industrial solutions, catering to a wide range of market needs.
Average Trading Volume: 3,145,363
Technical Sentiment Signal: Buy
Current Market Cap: $24.88B
For detailed information about FTV stock, go to TipRanks’ Stock Analysis page.