FTI Consulting Inc. research snapshot

FCN AI Stock Analysis

FCN AI stock analysis currently reads FTI Consulting as a diversified global business advisory firm with five segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. Clients pay for high-stakes work in restructuring, disputes, investigations, antitrust economics, and strategic communications, and FTI wins repeat business through brand credibility, expert networks, and large-case experience. At the August 3, 2026 data cutoff, FCN closed at $159.38 on July 31, 2026 with a verified market capitalization near $4.3 billion, using a current share count of about 27 million that has fallen sharply on buybacks. TTM revenue was about $3.92 billion, TTM EPS near $8.30, and the stock traded around 19x trailing and 15.4x forward earnings. The FCN AI stock forecast is scenario-based because Q2 2026 delivered record revenue but missed on adjusted EPS amid higher SG&A and litigation costs, and margins and utilization remain the swing factors.

Current price

$159.38

Market cap

$4.3 billion verified market cap

AI score

65 / 100

Rating

Diversified business advisory leader with steady revenue, margin pressure from legal costs, and a reasonable valuation

Trend status

Between the 50-day and 200-day moving averages near $155.63 and $165.81, inside a 52-week range of $137.65 to $189.30

Data cutoff (updated monthly)

August 4, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness
A-level information richness. FTI Consulting has more than 40 years of public history, detailed quarterly segment disclosures, SEC filings, analyst coverage, market data, and dense press release and earnings call coverage, including the Q2 2026 release on July 30, 2026.
bias Check
The main AI research bias is that professional services firms look safer than they are. The counter-check is the Q2 2026 print: record revenue of $993.46 million still produced adjusted EPS of $2.16 versus a $2.26 consensus, because SG&A and extraordinary litigation costs rose. The same caution applies to the elevated total debt from buyback financing and to the large-case lumpiness that makes steady-looking advisory revenue harder to predict than it appears.
ai Confidence
High for FY2025 revenue, segment breakdowns, Q2 2026 revenue and EPS, cash, debt, current share count, market-cap math, and basic valuation ratios. Medium for technical ranges and forward scenarios because consulting demand, litigation calendars, hiring conditions, legal costs, and sentiment can change quickly.
investment Certainty
Medium. FTI is easier to research than many services companies because of good disclosure, but actual investment certainty is limited by margin and legal cost pressure, utilization rates, talent retention, large-case timing, and the roughly $1.08 billion net debt position that came with the buyback program.

Quick verdict table

DimensionConclusionConfidence
Business qualityFTI sells high-stakes advisory services that corporations, law firms, and governments need during restructuring, disputes, investigations, regulation, and strategic change. Revenue is diversified across five segments and grew to about $3.92 billion on a trailing basis.High
MoatThe moat comes from brand reputation, specialized talent networks, past-case references, long client relationships, and scale in lawyer-facing advisory work. It is a real but labor-dependent moat, not a technology or network-effect barrier.Medium
ManagementSteven Gunby has led FTI since 2020, emphasizing talent retention, technology investment, and segment discipline. Capital allocation is shareholder-friendly, including a new $370 million repurchase authorization, but total debt rose to roughly $1.27 billion as the company financed buybacks.Medium-high
Financial trendFY2025 revenue was $3.79 billion and net income $270.87 million. Q2 2026 revenue reached a record $993.46 million, but adjusted EPS of $2.16 missed consensus because SG&A and litigation costs rose, and the company narrowed its GAAP EPS outlook while raising adjusted EPS guidance.High
ValuationAt $159.38, FCN traded near 19.3x TTM EPS, about 15.4x forward EPS, roughly 1.1x to 1.2x sales, 3.2x book, and near 12x free cash flow. These are reasonable multiples for a mid-single-digit growth advisory firm with a large buyback, but not a distressed valuation.High
Technical trendFCN sits between the 50-day moving average near $155.63 and the 200-day moving average near $165.81, with a 52-week range of $137.65 to $189.30 and a 14-day RSI near 50. Momentum is neutral with no clear breakout or breakdown signal.Medium
Risk levelMain risks are margin compression from salary and litigation costs, senior talent attrition, utilization declines, lumpiness in large restructuring and litigation projects, economic slowdown reducing M&A and dispute work, the net debt from buyback financing, and competition for specialized expertise.Medium-high
AI confidenceDescriptive data confidence is high because filings and source data are rich and cross-checked. Forecast confidence is lower because FTI earnings are sensitive to macro cycles, talent markets, legal expenses, and large-case timing.High data confidence
Investment certaintyFTI is a well-managed business advisory firm with steady revenue and a shareholder-friendly buyback, but the Q2 2026 miss shows margins are the swing factor, and the current price already reflects much of the quality story, leaving less room for upside unless revenue growth accelerates and margins recover.Medium

FCN AI stock forecast

FCN AI Stock Forecast Scenarios

The FCN AI stock forecast uses the $159.38 price reference, TTM EPS near $8.30, and a mechanical three-year scenario model that was rerun on the August 3, 2026 data cutoff. The model points to about $245 in a bullish case, $188 in a base case, and $118 in a bearish case before dividends. The spread is intentional because advisory firms can compound steadily in good times but face utilization, pricing, legal cost, and talent headwinds in slowdowns.

Bullish case

$235 to $255 before dividends

More likely if FTI sustains record revenue momentum across segments, adjusted EPS recovers above $9.70 toward the raised FY2026 guidance range, margins expand as litigation costs normalize, technology and AI-related work grows faster, the buyback keeps shrinking the share count, and investors value FCN near or above 20x forward earnings.

Base case

$175 to $195 before dividends

More likely if FTI grows revenue in the mid-single-digit range, adjusted EPS lands near the $9.10 to $9.70 FY2026 guidance, margins hold near current levels, the buyback continues, and the stock trades near 16x to 18x forward earnings in a normal advisory-cycle environment.

Bearish case

$110 to $125 before dividends

More likely if litigation and SG&A costs keep compressing margins, GAAP EPS stays under pressure from extraordinary legal expenses, restructuring and M&A demand cycles down, salary inflation outpaces billing rates, senior talent leaves, or investors re-rate FCN toward the low end of its historical multiple range.

FCN AI technical analysis

FCN AI Technical Analysis

FCN AI technical analysis is neutral as of the August 3, 2026 data cutoff. FCN closed at $159.38 on July 31, 2026 after a 2.85% drop on the day. The stock sits above its 50-day moving average near $155.63 and below its 200-day moving average near $165.81, with a 52-week range of $137.65 to $189.30. Volume of 429,667 shares on July 31 was below the 515,338 average. Confirm live chart data before using any level.

LevelValueWhy it matters
Current price$159.38Yahoo Finance and StockAnalysis July 31, 2026 close. The August 3 data cutoff falls after the latest available regular trading close.
Near support$155 to $158The 50-day moving average sits near $155.63 and the stock has held above this zone since late July. A sustained close below it would weaken the short-term view.
Support zone$149 to $153Round-number support and the lower end of the recent consolidation range from mid-July. A break would open a move toward the June lows.
52-week support$137.65The 52-week low set in June 2026. A decisive break would challenge the longer-term range.
Near resistance$163 to $166The 100-day moving average near $163.39 and the 200-day moving average near $165.81 mark the first meaningful upside levels bulls need to reclaim.
Upper resistance$180 to $189The upper part of the 52-week range. A breakout above $189 would establish a new 52-week high.
50-day moving averageNear $155.63Barchart and StockAnalysis both show the 50-day average slightly below the current price, consistent with a neutral short-term tone.
200-day moving averageNear $165.81The 200-day average sits slightly above the current price, suggesting a neutral to slightly negative longer-term trend.
MomentumRSI near 50The 14-day RSI was about 50.32 on available technical snapshots, and the 14-day ADX near 19.6 indicates no strong trend in either direction.
Volume429,667 shares on July 31, 2026Volume was below the 515,338 average, indicating no unusual accumulation or distribution on the latest trading day.
VolatilityAdvisory-cycle and legal-cost sensitiveFCN can move on quarterly earnings, segment revenue trends, utilization rates, litigation and SG&A costs, large-case wins or losses, and changes in demand for restructuring and litigation services.
InvalidationClose below $155, then below $137.65A break below the $155 to $158 support area weakens the near-term setup. A sustained break below $137.65 would challenge the broader range.

FCN AI trading strategy

FCN AI Trading Strategy Framework

The FCN AI trading strategy below is a rules-based research framework, not personal advice. It connects chart levels with segment revenue trends, utilization rates, legal and SG&A costs, talent costs, M&A cycles, and the next earnings report expected around late October 2026.

Trend-following setup

Watch for FCN to reclaim and hold above the $163 to $166 area (near the 100-day and 200-day moving averages) with volume near or above the 515,338 average. Cross-check that Q3 earnings confirm revenue momentum, a recovery in adjusted EPS versus the $2.16 Q2 print, and stable or improving margins.

A failed breakout below $155 should reduce confidence. Reduce exposure if management guides lower on margins, discloses further litigation or SG&A cost pressure, or reports weaker-than-expected utilization or restructuring demand.

Mean-reversion setup

If FCN pulls back toward the $149 to $153 support zone without a structural decline in advisory demand, review whether the pullback is driven by macro rotation or company-specific news such as legal costs or guidance changes. Compare the lower price with long-term revenue and cash-flow trends.

Do not treat a pullback as automatically attractive if margins keep falling, senior talent attrition is rising, the company misses guidance, or total debt keeps climbing as buybacks run ahead of cash generation.

Fundamental monitor

Track total revenue and the five segment trends (Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, Strategic Communications), utilization rates, headcount and salaries, SG&A and litigation costs, adjusted EPS versus the $9.10 to $9.70 FY2026 guidance, net debt, and share repurchases. The next earnings report around late October 2026 is the next major catalyst.

Position sizing should reflect that services businesses can compound well but also compress quickly when demand slows, legal costs rise, or costs grow faster than revenue.

Investment research summary

Four-master Research Compression

Business essence

Customers pay FTI Consulting to solve high-stakes business problems: financial restructuring, litigation support, regulatory investigations, antitrust economics, technology disputes, data governance, and strategic communications. The business converts specialized expertise, brand credibility, and repeat client relationships into recurring advisory revenue.

Moat

The moat comes from specialist talent networks, brand reputation from marquee cases, deep relationships with major law firms and corporates, scale across five interconnected segments, and technology tools in e-discovery and compliance. The moat is not immune to talent poaching, consulting-cycle downturns, or commoditization of certain advisory services.

Munger risk inversion

The thesis fails if (1) margin compression from litigation and SG&A costs persists or widens, (2) a sustained economic expansion reduces restructuring and litigation demand, (3) salary and benefits inflation outpaces billing rate increases, (4) key senior talent exits to competitors or starts boutiques, (5) utilization falls as headcount growth outpaces demand, or (6) the net debt from buyback financing leaves the balance sheet stretched if cash flow weakens.

Management

Steven Gunby has led FTI since 2020. Capital allocation has emphasized segment investment, selective hires in fast-growing practices such as financial crime and energy advisory, and large share repurchases including a new $370 million authorization. The key test is whether management can restore margin discipline and utilization while investing in AI and technology capabilities that may reshape the advisory industry.

Industry trend

Business advisory services benefit from secular growth in regulatory complexity, cross-border disputes, financial restructuring needs, data privacy requirements, and demand for independent expert testimony. AI is creating both opportunities (automated e-discovery, compliance tools) and risks (commoditization of certain analysis work). The industry is fragmented but consolidating toward scaled players with full-service capabilities.

Valuation and margin of safety

At $159.38, FCN trades at about 19.3x TTM EPS and 15.4x forward EPS, which is reasonable but not distressed for a mid-single-digit growth advisory firm carrying net debt from buybacks. Margin of safety improves if the stock pulls back toward the $140s to $150s while the underlying business stabilizes margins and keeps shrinking the share count.

Source-backed data

FCN Data Table

Every metric below includes a source and last verification date.

MetricValueSourceLast verified
FCN price$159.38 close on July 31, 2026, down 2.85%Yahoo Finance FCN summaryAugust 3, 2026
Market capitalization verificationAbout $4.31 billion calculated from $159.38 x about 27.0 million current shares, cross-checked against StockAnalysis reported market cap of $4.31 billionPineify financial_rigor.py and StockAnalysis FCN statisticsAugust 3, 2026
Shares outstandingAbout 27.0 million shares, down 13.51% year over year and 4.26% quarter over quarter on buybacksStockAnalysis FCN statisticsAugust 3, 2026
TTM earnings per shareAbout $8.30, cross-checked against Yahoo Finance ($8.26) and Barchart ($8.41) with less than 2% varianceYahoo Finance, StockAnalysis, and Barchart FCN dataAugust 3, 2026
Annual revenue (FY2025)$3.79 billion, cross-checked across StockAnalysis, Barchart, and Yahoo Finance with less than 1% varianceStockAnalysis FCN financialsAugust 3, 2026
Annual net income (FY2025)$270.87 million, down 3.29% from FY2024StockAnalysis FCN financialsAugust 3, 2026
Q2 2026 financial resultsRevenue of $993.46 million (a record for the quarter) and adjusted EPS of $2.16 versus a $2.26 consensus; GAAP net income for the quarter near $57.8 millionYahoo Finance, StockAnalysis news, and Q2 2026 earnings releaseAugust 3, 2026
FY2026 guidanceRevenue reaffirmed at $3.94 billion to $4.10 billion; adjusted EPS raised to $9.10 to $9.70 from $8.90 to $9.60; GAAP EPS outlook lowered due to extraordinary legal expensesFTI Q2 2026 earnings release and TheFly summaryAugust 3, 2026
Cash and debtAbout $188.95 million cash and roughly $1.27 billion total debt, for a net debt position near $1.08 billion from buyback financingStockAnalysis FCN statisticsAugust 3, 2026
Free cash flow (TTM)About $358.73 million free cash flow from operating cash flow of $403.92 million less $45.19 million in capexStockAnalysis FCN statisticsAugust 3, 2026
Valuation ratiosP/E about 19.3x TTM and 15.4x forward, P/S about 1.1x, P/B about 3.2x, P/FCF near 12x, EV/EBITDA near 12.5xYahoo Finance and StockAnalysis FCN dataAugust 3, 2026
Analyst consensusBuy rating with an average price target of $176.00, ranging from $172 to $180StockAnalysis FCN forecast and S&P Global analyst dataAugust 3, 2026
52-week range and beta52-week range $137.65 to $189.30, beta -0.04Yahoo Finance FCN summaryAugust 3, 2026
Technical references50-day moving average near $155.63, 200-day moving average near $165.81, 14-day RSI near 50.32Barchart and StockAnalysis FCN technical dataAugust 3, 2026
ManagementSteven Gunby is Chairman and CEO, leading FTI since 2020 with a focus on talent, technology, segment discipline, and shareholder returnsFTI Consulting company profileAugust 3, 2026

Frequently Asked Questions

This FCN AI stock analysis is an informational research tool only and is not investment advice, a recommendation, or a promise of future returns. Forecast scenarios are based on available public data as of August 3, 2026, and may be wrong if advisory demand, utilization, legal and SG&A costs, talent markets, economic conditions, litigation cycles, or market sentiment change.