FTRE Stock Summary and Trading Ideas (Fortrea Holdings | NASDAQ:FTRE)

Fortrea is a global, late-stage contract research organization that provides comprehensive phase 1 through phase 4 clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.

What symbol and exchange does Fortrea Holdings shares trade?

Fortrea Holdings trades on the NASDAQ stock market under the symbol FTRE.

What is Fortrea Holdings stock price doing today?

As of March 24, 2026, FTRE stock price declined to $9.65 with 149,892 million shares trading.

What is Fortrea Holdings's Beta?

FTRE has a beta of 1.21, meaning it tends to be more sensitive to market movements. FTRE has a correlation of 0.04 to the broad based SPY ETF.

How much is Fortrea Holdings worth?

FTRE has a market cap of $891.66 million. This is considered a Small Cap stock.

How much money does Fortrea Holdings make?

Last quarter Fortrea Holdings reported $660 million in Revenue and $.09 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.07.

What are the top ETFs holding Fortrea Holdings?

The top ETF exchange traded funds that FTRE belongs to (by Net Assets): IJR, VTI, IWM, FNDA, VB.

Is Fortrea Holdings (FTRE) a good investment?

FTRE has underperformed the market in the last year with a return of +10.0%, while the SPY ETF gained +17.6%. In the last 3 month period, FTRE fell short of the market, returning -46.1%, while SPY returned -4.4%. However, in the most recent 2 weeks FTRE has outperformed the stock market by returning -1.8%, while SPY returned -3.1%.

What are the support and resistance levels for Fortrea Holdings (FTRE)?

FTRE support price is $9.25 and resistance is $10.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTRE shares will trade within this expected range on the day.