Forrester Research IncFORR
Price$11.61

Qualitative Analysis

Business overview

Business Overview

Forrester Research, Inc. (Nasdaq: FORR) is a leading global independent research and advisory firm. Founded in 1983 and headquartered in Cambridge, Massachusetts, the company operates through three primary business segments: Research, Consulting, and Events. The Research segment, which is subscription-based and centered around the 'Forrester Decisions' platform, serves as the company's core revenue engine. Forrester empowers business and technology leaders to accelerate growth by adopting customer-obsessed strategies. To enhance its delivery model, the company has integrated advanced artificial intelligence capabilities, notably through its proprietary 'Forrester AI' and 'AI Access' tools, which allow clients to securely query and incorporate trusted research directly into their daily workflows and productivity platforms.

Research as of 19 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

AI-assisted
AI-First Research TransformationInnovation

Accelerating the integration of generative AI across the product portfolio, highlighted by the launch of Forrester AI Access, Izola, and the Forrester AI Agent for Microsoft 365 Copilot.

Expected impact: Improves service delivery efficiency, enhances client value realization, and drives contract value growth.

Sign in / Sign up to read more
InvestmentOngoing R&D and product development allocations within operating expenses.
TimelineContinuous rollout through 2026
Operational Restructuring and Cost OptimizationEfficiency

Implementing cost-efficiency measures, including headcount adjustments and office space consolidation, to align expenses with current demand.

Expected impact: Expected to support adjusted operating margins of 6.0% to 6.5% despite top-line contraction.

Sign in / Sign up to read more
InvestmentRestructuring costs of $10.0 million to $13.5 million expected in 2025-2026.
TimelineFirst half of 2026
Exit of Strategy Consulting BusinessTransformation

Strategic decision to exit the lower-margin strategy consulting business to focus resources on core subscription research and predictable contract value streams.

Expected impact: Improves overall corporate gross margins and shifts business mix toward high-margin recurring revenue.

Sign in / Sign up to read more
InvestmentMinimal direct investment; results in near-term consulting revenue declines.
TimelineThrough the end of 2026
Sources: 2

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

AI-assisted

Strategic Partnerships

Carahsoft Technology Corp.Distribution Agreement

Carahsoft serves as Forrester's Master Government Aggregator, expanding access to Forrester's research and consulting services across Federal, State, and Local Government agencies.

Terms: Not publicly disclosed

Sign in / Sign up to read more
Microsoft CorporationProduct Integration

Integration of Forrester AI Agent directly into Microsoft 365 Copilot and Microsoft Teams, embedding Forrester's proprietary insights into enterprise workflows.

Terms: No additional cost for existing license holders

Sign in / Sign up to read more
AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.