FTI Consulting (FCN)
NYSEIndustrialsConsulting ServicesSnapshot 2026-09-04
$151.70-1.08%
Close 2026-09-04 · 1-day change
NYSEIndustrialsConsulting ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · FCN
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -11.5% |
| Our one-year growth estimate | diamond | 7.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 18.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 9 industry peers
FCN — litigation filed
Dated 2026-07-31
Regulation FD Disclosure. In the Press Release and Presentation and during the call, FTI Consulting may have used or discussed information derived from consolidated and segment financial information that may not be presented in its financial statements or prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). Certain of these measures are considered “non-GAAP financial measures” under rules promulgated by the Securities and Exchange Commission (the…
Why it matters: Earnings per share below this level may show problems with making money. It could raise worries about managing costs.
Worry ifQ2 EPS reported below $1.90.
Less concerning ifQ2 EPS reported at or above $1.90.
Why it matters: Active share repurchases can signal confidence in the company's value. It may support stock price.
Supportive ifThe company buys back shares worth $370 million through its stock repurchase program.
Worry ifNo share repurchases occur in the next quarter.
Why it matters: Steady revenue growth is important for keeping investor trust and meeting yearly goals.
Supportive ifQ3 revenue growth exceeds 5% compared to Q3 2025.
Worry ifQ3 revenue growth falls below 3% compared to Q3 2025.
Why it matters: Higher legal costs may hurt earnings and show ongoing legal issues. This may worry investors.
Worry ifLegal costs reported over $6.6 million in Q3 2026.
Less concerning ifLegal costs reported under $6.6 million in Q3 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$125 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $317 loss on $10,000 · 3.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,493 loss on $10,000 · 24.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Keeping debt low helps the company stay healthy and grow. It shows management can handle money well.
Supportive ifTotal debt reported below $600 million.
Worry ifTotal debt reported above $600 million.
Why it matters: More buybacks can show that management believes in the company's value. This can help the share price.
Supportive ifFTI repurchases more than $100 million worth of shares in the next quarter.
Worry ifFTI does not repurchase any shares in the next quarter.
Why it matters: The recent material impairment could signal deeper issues. Investors need to see if this trend continues.
Worry ifThe Q2 earnings report shows more details on losses or negative changes.
Less concerning ifQ2 earnings report shows no new impairments and a positive outlook.
Why it matters: Strong growth in this area shows there is demand for turnaround services. It shows the company can take advantage of market chances.
Supportive ifCorporate Finance segment revenue grew over 15% year over year.
Worry ifCorporate Finance segment revenue grew less than 15% year over year.
Why it matters: The Industrials sector is in a maturing phase. Changes could impact FTI Consulting's growth outlook.
Watch forSector revenue growth speeds up again, showing a positive change.
Also watch forSector revenue growth keeps slowing down, showing ongoing challenges.
Why it matters: Updates on share buybacks show that management believes in the company's value. They also show confidence in cash flow.
Supportive ifThe company announces more share buybacks than before.
Worry ifThe company stops or cuts the share buyback program.
Why it matters: Reaffirming revenue guidance shows that management believes in growth. This affects investor trust.
Supportive ifManagement confirms that 2026 revenue will be between $3.94 billion and $4.10 billion.
Worry ifManagement lowers revenue guidance from the current range.
Why it matters: This segment's performance is important. Drops could mean bigger problems in demand.
Worry ifEconomic Consulting segment revenue drops more than 5% year over year in Q2 2026.
Less concerning ifEconomic Consulting segment revenue goes up or stays steady year over year.
Why it matters: New lawsuits could change earnings and how investors feel. Keeping track can show risk.
Worry ifNew lawsuits filed that may hurt earnings.
Less concerning ifNo new major lawsuits reported.
Why it matters: Revenue growth below 5% could indicate weakening demand or market challenges. This would raise concerns about future performance.
Worry ifQ3 2026 revenue growth reported below 5% year over year.
Less concerning ifQ3 2026 revenue growth reported above 5% year over year.
Why it matters: Litigation costs can affect profits. Changes may impact earnings.
Worry ifLitigation costs rise a lot, hurting EPS.
Less concerning ifLitigation costs are down. This helps the EPS outlook.
Why it matters: An update to EPS guidance could signal management's confidence in earnings growth. Investors pay close attention to EPS changes.
Supportive ifManagement raises the EPS guidance range above $9.30 for 2026.
Worry ifManagement lowers the EPS guidance range below $8.70 for 2026.