NASDAQ · STOCK
Fortive
$59.22
52W $46.34 – $64.56
54/100
$17.88B
34.4
0.98
Is FTV Bullish or Bearish?
Mixed.
Innellis AI committee rates Fortive (FTV) Watch with a composite score of 54/100
, based on 7 analysts with 57% agreement.
Last updated August 01, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +6.44 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -13.56 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — market regime is bullish (bull market -- normal position sizing). Risk Analyst remains cautious — current ratio of 0.71 is tight -- limited short-term liquidity cushion. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- 4 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Weekly trend (sideways) confirms the daily trend -- multi-timeframe agreement — Technical
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- News sentiment is positive (+0.27 across 44 articles, 14d) — News
Bear Case
- P/E of 32.9 is moderate-to-rich — Value
- Revenue declining -23.4% YoY -- this is not a growth story right now — Growth
- EPS declining -26.4% YoY despite any revenue growth — Growth
- MACD histogram negative -- bearish momentum — Technical
- Current ratio of 0.71 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 01, 2026
Overall Committee Score
54/100
Agreement
57%
Analysts
7
Conviction
Contested
Sector Rank
Top 71%
of 172 Technology peers
Value Analyst
neutral
55
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− P/E of 32.9 is moderate-to-rich
Growth Analyst
neutral
50
/ 100 · High confidence
Moderate growth -- present but not remarkable
+ 4 consecutive earnings beats -- consistent execution
− Revenue declining -23.4% YoY -- this is not a growth story right now
Technical Analyst
neutral
54
/ 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (sideways) confirms the daily trend -- multi-timeframe agreement
− MACD histogram negative -- bearish momentum
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.71 is tight -- limited short-term liquidity cushion
Macro Analyst
bullish
70
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
bullish
66
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.27 across 44 articles, 14d)
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2535.03)
Investment Thesis Evolution
Committee score moved marginally from 51.5 to 53.6.
- Conviction changed from moderate to contested.
- Committee agreement fell notably from 71% to 57%.
- New bearish signals: 3 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 4 signal(s) disappeared.
- Analyst(s) changed stance: Macro Analyst.
Analyst-level changes:
- Macro Analyst: stance neutral->bullish; score 58->70 (+12).
- News Analyst: +1 bullish signal(s).
- Portfolio Manager: +2 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-07-31 to 2026-08-01 (1 day apart).
Technical Analysis
RSI (14)
39.5
Neutral
MACD Histogram
-0.309
Bearish Momentum
Trend Direction
Sideways
Weekly: Sideways
Market Structure
Mixed
Support
$57.47
Resistance
$62.37
Bollinger %B
0.13
Inside Bands
Price vs Moving Averages
EMA 9
$60.63
Below
EMA 21
$61.04
Below
EMA 50
$60.77
Below
EMA 200
$58.92
Above
Fundamental Analysis
Valuation
67
Growth
82
Profitability
0
Financial Health
66
Cash Flow
37
Valuation
P/E Ratio
34.4×
P/B Ratio
2.97×
PEG Ratio
-1.51
Dividend Yield
0.00%
52W High
$64.56
52W Low
$46.34
Quality & Growth
ROE
9.0%
ROA
4.9%
Gross Margin
63.2%
Operating Margin
18.2%
Revenue Growth YoY
—
Debt / Equity
0.58
AI Fundamental Assessment
P/E ratio of 34.4 (rich relative to a 15-40x range); Price-to-book of 3.0x; PEG ratio of -1.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.1%; Return on assets of 0.0%; Net margin of 0.1%; Gross margin of 0.6%; Current ratio of 1.24 (tight short-term liquidity); Debt-to-equity of 0.58; Free cash flow margin of 0.9% (thin cash generation); Free cash flow per share is positive (3.14); Most recent quarter beat estimates by 3.4%; 4 consecutive earnings beats; EPS growth accelerating (-22.2% -> +5.7% QoQ); Average YoY EPS growth of 27.6%; Analyst estimates falling over recent quarters
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