Forrester Research

Forrester Research, Inc. engages in the provision of advisory services. It operates through the following business segments: Research, Consulting, and Events. The Research segment includes the revenues of the research, connect, and analytics products. The Consulting segment consists of project consulting organization. The Events segment refers to developing and hosting in-person and virtual events. The firm serves the business-to-business marketing, sales, information technology, business-to-consumer marketing, and customer experience sectors. The company was founded by George F. Colony on July 7, 1983 and is headquartered in Cambridge, MA.

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Forrester Research reports resilient 2022 performance and outlines growth strategies

Forrester Research showed resilience in 2022 with revenue and EPS growth despite challenges. Progress with Forrester Decisions and events business bodes well for future growth.
Anticipated slow start in 2023 requires a focus on driving CV growth and optimizing key business areas. Sales culture and customer-centric strategy remain pivotal for success.
Management's financial outlook for 2023 includes revenue of $518-538 million, operating margins of 12-13%, and EPS of $2.25-2.45. Capital allocation priorities focus on business reinvestment and potential acquisitions.
Analyst questions during the call highlighted economic impacts, client transitions, and attracting new clients. Forrester's strategic focus on new business sectors and high-performing sales culture is key for sustained growth.

Forrester Research faces revenue decline in Q1 2023 amidst restructuring

Forrester Research navigated a challenging Q1 2023 marked by revenue decline and restructuring efforts. Despite macroeconomic headwinds, the company remains optimistic about the future, emphasizing the potential of Forrester Decisions and the dedication of its sales force. Management's disciplined approach to cost savings and capital allocation positions Forrester for future growth.

Forrester Research adapts to tech recession, eyes AI and regional growth

Forrester Research navigated challenges in Q2 2023, focusing on innovation, client-centric solutions, and cost management to drive long-term value.
Despite revenue and profitability declines, Forrester showcased strengths in generative AI, sales force improvements, and product enhancements.
Opportunities lie in leveraging generative AI, expanding events business in key regions, and enhancing client relationships through sales force initiatives.
Strategic adjustments in revenue guidance and operating margins reflect Forrester's proactive approach to addressing market challenges and opportunities.

Forrester Research reports mixed Q3 results, focuses on innovation and growth

Forrester Research faces challenges in revenue and profitability but shows strengths in Forrester Decisions adoption and AI innovation.
Opportunities lie in expanding event revenues, improving sales processes, and leveraging long-term growth trends.
Strategic adjustments and a focus on innovation will be key for Forrester to navigate the evolving market landscape and drive future success.

Forrester Research exceeds revenue estimates, focuses on strategic growth initiatives

Forrester Research navigated revenue challenges by focusing on Forrester Decisions platform, cost reductions, and strategic initiatives. Despite declines, the company exceeded revenue estimates and aims for sustainable growth in 2025 amidst economic and technology challenges.

Forrester Research tackles revenue decline, eyes growth in AI solutions

Forrester Research faces financial challenges with revenue and income declines in Q1 but shows strength in client retention and product demand.
Opportunities lie in leveraging Generative AI and high-performance IT research demand, focusing on net contract value growth, and meeting revenue guidance.
Successfully navigating challenges and capitalizing on opportunities will be crucial for Forrester Research's financial performance and growth in 2024.

Forrester Research reports mixed Q2 results, focuses on growth strategies

Forrester Research's Q2 2024 performance showed growth in contract value bookings but faced challenges in events revenue and profitability.
New product enhancements and leadership additions signal a commitment to innovation and organizational development.
While facing financial challenges, Forrester remains focused on long-term growth strategies and opportunities for 2025.
Revised revenue guidance and a negative cash flow highlight the need for strategic adjustments to meet financial targets.

Forrester Research reports mixed Q3 results, focuses on Forrester Decisions

Forrester Research's Q3 performance was mixed, with a strong emphasis on Forrester Decisions migration and new AI services. Challenges in revenue and contract value were addressed, along with opportunities in tech budget increases and sales team training. Executives highlighted the importance of client feedback and go-to-market strategy for future growth.

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CAMBRIDGE, Mass.--( BUSINESS WIRE )--According to Forrester's (Nasdaq: FORR) “Navigating The 2023 Downturn” research, the current global downturn will unfold in ways unlike any economic decline previously experienced. While prior recessions have followed a boom-bust cycle, the 2023 downturn immediately follows a pandemic that has already disrupted business models and forced organizations to pivot their business strategy. Additionally, multiple factors contribute to the complexity of this downturn, including inflation, energy costs, supply chain challenges, regional conflicts, and changing worker demographics. These factors will uniquely combine across regions and industries, ensuring that each country will experience it differently.

Forrester: The Best Defense For Business Leaders During The 2023 Economic Downturn Is A Proactive Offense

CAMBRIDGE, Mass.--( BUSINESS WIRE )--Forrester (Nasdaq: FORR) today introduced Forrester Decisions for Partner Ecosystem Marketing, the next generation of its Forrester Decisions for Channel Marketing service. The enhanced service is designed to help marketing leaders modernize their existing partner programs as partner ecosystems further evolve and expand. Forrester data shows that in 2022, nearly half of B2B channel and ecosystem leaders expected annual growth in the number of partners they engaged with. This year, the formation of partner ecosystems will continue to rise and extend beyond transactional or resell motions. These partner ecosystems will also include non-transacting partners that play a vital role in actualizing value across the entire customer lifecycle.

Forrester Introduces Partner Ecosystem Marketing Service To Help B2B Organizations Design, Develop, And Optimize Their Partner Ecosystems

CAMBRIDGE, Mass.--( BUSINESS WIRE )--Forrester (Nasdaq: FORR) today announces its global Customer Obsession Awards for two categories: Customer-Obsessed Enterprise and Customer-Obsessed Leadership. These awards will recognize organizations and senior executives, respectively, who put customers at the center of everything they do to accelerate business growth, retain customers, and enable greater employee engagement.

Forrester Introduces Customer Obsession Awards To Honor Organizations And Executives That Put Customers At The Center Of Everything They Do

CAMBRIDGE, Mass.--( BUSINESS WIRE )--Forrester (Nasdaq: FORR) is opening calls for nominations for its B2B Return On Integration Honors and B2B Programs Of The Year Awards to recognize B2B organizations that have had outstanding achievements in marketing, sales, and product functions to drive revenue growth. The honorees will be recognized at Forrester's B2B Summit North America, being held in Austin, Texas, and digitally, June 5–7, 2023.

Forrester Opens Award Nominations To Recognize Excellence In B2B Marketing, Sales, And Product Functions

CAMBRIDGE, Mass. , Dec. 19, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the appointment of Nate Swan as chief sales officer, effective January 3, 2023.

Forrester Appoints Nate Swan As Chief Sales Officer

To remain profitable, leading cloud players will need to pivot their investments to analytics, AI/ML, and other differentiated premium services CAMBRIDGE, Mass. , Dec. 13, 2022 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) Public Cloud Market Outlook, 2022 To 2026, the public cloud market will top more than $1 trillion worldwide by 2026.

Forrester: Public Cloud Is Poised To Surpass $1 Trillion By 2026 -- But Not Without Enduring Several Global Challenges

Forrester Research (FORR) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why Forrester Research (FORR) is a Solid Choice

Forrester's Financial Services Customer Trust Index helps providers assess and build customer trust to accelerate revenue growth CAMBRIDGE, Mass. , Nov. 10, 2022 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) Financial Services Customer Trust Index rankings, over 50% of US customers have low trust in financial services providers across the banking, credit card, insurance, and investment industries.

Forrester: Over Half Of US Customers Have Minimal Trust In Their Financial Services Providers

The heavy selling pressure might have exhausted for Forrester Research (FORR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 11.5% in 4 Weeks, Here's Why Forrester Research (FORR) Looks Ripe for a Turnaround

Forrester Research, Inc. (NASDAQ:FORR ) Q3 2022 Earnings Conference Call November 2, 2022 4:30 PM ET Company Participants Tyson Seely - VP, IR George Colony - Chairman & CEO Chris Finn - CFO Carrie Johnson - Chief Product Officer Conference Call Participants Andrew Nicholas - William Blair Anja Soderstrom - Sidoti Vincent Colicchio - Barrington Operator Good day, and thank you for standing by. Welcome to Forrester's Third Quarter Conference Call.

Forrester Research, Inc. (FORR) Q3 2022 Earnings Call Transcript

Forrester Research (FORR) delivered earnings and revenue surprises of 46.15% and 0.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Forrester Research (FORR) Q3 Earnings and Revenues Beat Estimates

Year-over-year total contract value increased by 7% to $353 million Company raises guidance for balance of year CAMBRIDGE, Mass. , Nov. 2, 2022 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced financial results for the third quarter ended September 30, 2022, and raised its guidance for the balance of the year.

Forrester Research Reports 2022 Third-Quarter Financial Results

CAMBRIDGE, Mass. , Oct. 25, 2022 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) 2023 predictions, released today, trust will be at the forefront of organizations' business operations in the year ahead as business and technology leaders focus on prioritizing long-term growth.

Forrester's North America Predictions 2023: To Thrive, Organizations Will Make Consumer And Employee Trust Their Business Imperative

The in-person and digital event will help data and analytics leaders create an "insights to action" loop that delivers successful business outcomes CAMBRIDGE, Mass. , Oct. 20, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the full conference agenda for Data Strategy & Insights 2022, being held in Austin, Texas, and digitally, December 6–7, 2022.

Forrester Announces Full Conference Agenda For Data Strategy & Insights 2022

CAMBRIDGE, Mass. , Oct. 19, 2022 /PRNewswire/ -- Forrester Research , Inc. (Nasdaq: FORR) will broadcast its third-quarter earnings conference call at 4:30 p.m.

Forrester Research To Broadcast Its 2022 Third-Quarter Earnings Conference Call

Environmental sustainability is primed to be a historic business opportunity with massive investments earmarked to fight climate change CAMBRIDGE, Mass. , Oct. 18, 2022 /PRNewswire/ -- To combat climate change, governments, investors, consumers, and companies worldwide are stepping up to invest in and embrace more sustainable solutions.

Forrester: Money -- Not Ethics -- Will Fuel Green Market Opportunity

Computer Task Group

Royce Investment Partners revealed earlier this week it added to two holdings.

Chuck Royce's Firm Ups 2 Positions in September

The in-person and digital event will help security and risk leaders minimize risk in an increasingly chaotic threat landscape CAMBRIDGE, Mass. , Oct. 6, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the full conference agenda for Security & Risk 2022 being held in Washington, D.C.

Forrester Announces Full Conference Agenda For Security & Risk 2022

Cybersecurity is the fastest growing AI software category; 72% of the global AI spend will come from the US and China CAMBRIDGE, Mass. , Oct. 4, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) forecasts that AI software will grow 50% faster than the overall software market over the next two years, with an annual growth rate of 18%.

Forrester Forecasts AI Software Will Grow 50% Faster Than The Overall Software Market

CAMBRIDGE, Mass. , Oct. 3, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced that Oshkosh Corporation and Blue Cross and Blue Shield of North Carolina  (Blue Cross NC) are winners of this year's North America Technology Awards.

Forrester Honors Recipients Of 2022 North America Technology Awards At Technology & Innovation North America

Economic turbulence, supply chain issues, and a tech talent shortage will prompt tech leaders to prioritize investments in projects that improve operational resilience to drive growth AUSTIN, Texas, and CAMBRIDGE, Mass. , Sept. 29, 2022 /PRNewswire/ -- New research unveiled at Forrester's (Nasdaq: FORR) Technology & Innovation North America reveals that global tech spending will reach more than $4 trillion in 2023 as two-thirds of technology decision-makers increase their tech budgets, despite increasing economic uncertainty.

New Research At Forrester's Technology & Innovation North America Reveals Global Tech Spending Will Surpass $4 Trillion In 2023 -- Despite Increasing Uncertainty

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Forrester Research, Inc. (“Forrester”) (NASDAQ: FORR) breached their fiduciary duties to Forrester and its shareholders. If you are a Forrester shareholder, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982, or jpettigrew@scott-scott.com. Scott+Scott is in

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Forrester Research, Inc.'s Directors and Officers for Breach of Fiduciary Duties – FORR

CAMBRIDGE, Mass. , Aug. 25, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced that noted technology strategist Jack Shaw will join Technology & Innovation North America 2022 as keynote speaker.

Forrester Announces Tech Futurist Jack Shaw As Keynote Speaker For Technology & Innovation North America 2022

Forrester's Planning Guides provide benchmark data and insights to help technology, marketing, digital, CX, product and sales leaders prioritize 2023 budget investments   CAMBRIDGE, Mass. , Aug. 23, 2022 /PRNewswire/ -- According to Forrester's  (Nasdaq: FORR) 2023 Planning Guides , released today, business leaders who plan for "business as usual" modest spending increases in the year ahead will fall short.

Forrester: Slower Overall Spending Mixed With A Turbulent Economy Will Make 2023 Planning Difficult To Navigate

The in-person and digital event experience will showcase the latest research, best practices, and client stories to inspire high-performing tech executives to build adaptive enterprises that fuel growth CAMBRIDGE, Mass. , Aug. 3, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the full conference agenda for Technology & Innovation North America 2022 — "Lead: Break Boundaries, Build The Future" — being held in Austin, Texas, and digitally, September 29–30, 2022.

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