FORR
Forrester Research, Inc. Industrials - Consulting Services Investor Relations →
Forrester Research, Inc. (FORR) closed at $6.70 as of 2026-06-19, trading 66.0% below its 200-week moving average of $19.73. This places FORR in the extreme value zone. The stock is currently moving closer to the line, down from -64.9% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.90 ratio) is neutral — neither side is clearly dominating.
Over the past 1494 weeks of data, FORR has crossed below its 200-week moving average 22 times. On average, these episodes lasted 28 weeks. Historically, investors who bought FORR at the start of these episodes saw an average one-year return of +58.4%.
With a market cap of $130 million, FORR is a small-cap stock. The company generates a free cash flow yield of 45.5%, which is notably high. Return on equity stands at -42.5%. The stock trades at 1.2x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 28.7 years, a hypothetical investment of $100 in FORR would have grown to $72, compared to $1281 for the S&P 500. FORR has returned -1.2% annualized vs 9.3% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -18.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: FORR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FORR Crosses Below the Line?
Across 22 historical episodes, buying FORR when it crossed below its 200-week moving average produced an average return of +53.1% after 12 months (median +30.0%), compared to +15.1% for the S&P 500 over the same periods. 73% of those episodes were profitable after one year. After 24 months, the average return was +33.7% vs +24.4% for the index.
Each line shows $100 invested at the moment FORR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices FORR would reach each dislocation threshold.
Dislocation Price Levels
Prices where FORR's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-30.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $3.41 | Unusually cheap — potential buy zone |
| Value | +1σ | $4.05 | Cheap vs. own history |
| Fair Value | +0σ | $4.99 | Historical mean behavior |
| Expensive | -1σ | $6.50 | Expensive vs. own history |
| Deep Expensive | -2σ | $9.31 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from FORR's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
FORR has crossed below its 200-week MA 22 times with an average 1-year return of +58.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1997 | Feb 1998 | 12 | 21.9% | +33.9% | -28.4% |
| Oct 1998 | Oct 1998 | 1 | 0.5% | +41.4% | -40.0% |
| Apr 1999 | Apr 1999 | 2 | 11.0% | +135.8% | -37.2% |
| Jun 1999 | Jul 1999 | 4 | 24.5% | +417.6% | -34.7% |
| Aug 1999 | Aug 1999 | 1 | 0.5% | +369.2% | -43.8% |
| Mar 2001 | May 2005 | 221 | 56.2% | -27.1% | -69.1% |
| Nov 2007 | Nov 2007 | 1 | 3.0% | +12.8% | -60.5% |
| Oct 2008 | Oct 2008 | 1 | 1.9% | +9.3% | -65.4% |
| Nov 2008 | Dec 2008 | 5 | 16.1% | +5.7% | -65.0% |
| Jan 2009 | Sep 2009 | 38 | 34.0% | +4.4% | -66.5% |
| Oct 2009 | Jan 2010 | 11 | 4.9% | +30.6% | -67.1% |
| Jul 2012 | Jul 2012 | 1 | 1.7% | +28.3% | -73.0% |
| Nov 2012 | Mar 2013 | 17 | 11.2% | +38.2% | -73.2% |
| Jul 2015 | Apr 2016 | 37 | 16.2% | +33.6% | -77.1% |
| Feb 2017 | Feb 2017 | 1 | 0.4% | +15.0% | -80.2% |
| Aug 2019 | Dec 2019 | 18 | 20.1% | +0.5% | -81.9% |
| Feb 2020 | Nov 2020 | 38 | 44.4% | +6.2% | -83.3% |
| Dec 2020 | Dec 2020 | 1 | 0.2% | +45.2% | -83.4% |
| Jan 2021 | Feb 2021 | 1 | 2.4% | +36.0% | -83.1% |
| Jun 2021 | Jun 2021 | 1 | 0.3% | +16.0% | -83.7% |
| Aug 2022 | Aug 2022 | 1 | 2.0% | -26.0% | -84.3% |
| Aug 2022 | Ongoing | 200+ | 76.7% | Ongoing | -84.0% |
| Average | 28 | — | +58.4% | — |
Frequently Asked Questions
Is FORR below its 200-week moving average?
Yes. As of 2026-06-19, Forrester Research, Inc. (FORR) is trading 66.0% below its 200-week moving average of $19.73. The current price is $6.70.
What is FORR's 200-week moving average price?
Forrester Research, Inc.'s 200-week moving average is $19.73 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when FORR drops below its 200-week moving average?
FORR has crossed below its 200-week moving average 22 times in our data. On average, buying at that moment produced a one-year return of +58.4%. These dips have historically been decent entry points. These episodes lasted 28 weeks on average.
Is FORR a good value right now?
Here's what our data says about FORR as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 59. Free cash flow yield is 45.5%. Return on equity is -42.5%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does FORR compare to the S&P 500?
Over the past 28.7 years, $100 invested in FORR would have grown to $72, compared to $1281 for the S&P 500. That's -1.2% annualized vs 9.3% for the index. FORR has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19