FTI Consulting (NYSE:FCN) Updates FY 2026 Earnings Guidance

FTI Consulting (NYSE:FCN) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.700-9.300 for the period, compared to the consensus earnings per share estimate of 9.230. The company issued revenue guidance of $3.9 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a research note on Tuesday, May 19th. Weiss Ratings downgraded FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Wall Street Zen lowered FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Truist Financial upped their target price on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $174.50.

FTI Consulting Price Performance

Shares of FCN traded down $6.97 during mid-day trading on Thursday, hitting $163.44. 684,077 shares of the company were exchanged, compared to its average volume of 439,357. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 19.43 and a beta of -0.04. FTI Consulting has a 1-year low of $137.65 and a 1-year high of $189.30. The company has a 50 day moving average of $155.14 and a 200-day moving average of $165.46. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.30 and a current ratio of 2.30.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.26 by ($0.10). FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The firm had revenue of $993.46 million during the quarter, compared to analyst estimates of $997.57 million. During the same quarter in the previous year, the firm posted $2.13 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. Analysts expect that FTI Consulting will post 9.1 EPS for the current fiscal year.

FTI Consulting announced that its Board of Directors has approved a stock buyback program on Friday, June 5th that permits the company to buyback $370.00 million in shares. This buyback authorization permits the business services provider to purchase up to 7.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insider Transactions at FTI Consulting

In other FTI Consulting news, CFO Eun Nam bought 2,000 shares of FTI Consulting stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the completion of the transaction, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at approximately $3,121,987.28. This represents a 10.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Alderman Linton purchased 2,400 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the completion of the purchase, the insider owned 92,824 shares of the company’s stock, valued at approximately $13,370,368.96. This represents a 2.65% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 14,400 shares of company stock valued at $2,076,576 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

More FTI Consulting News

Here are the key news stories impacting FTI Consulting this week:

• Positive Sentiment: FTI reported record second-quarter revenue of $993.5 million, up 5.3% year over year and broadly in line with analyst expectations. Growth was led by Corporate Finance, Technology, and Forensic and Litigation Consulting. FTI Consulting Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Adjusted EPS increased to $2.16 from $2.13 a year earlier, despite $6.6 million in extraordinary litigation-related expenses. Operating cash flow also improved sharply to $152.3 million from $55.7 million.
• Positive Sentiment: The company repurchased approximately 2.59 million shares for $390.9 million during the quarter and has about $344 million remaining under its buyback authorization, potentially supporting per-share results.
• Neutral Sentiment: FTI reaffirmed its 2026 revenue outlook of $3.94 billion to $4.10 billion and introduced adjusted EPS guidance of $9.10 to $9.70, suggesting management remains confident in underlying operations.
• Neutral Sentiment: FTI appointed e-discovery and legal-technology specialist Diane Quick as a senior managing director in its Technology segment. The move may strengthen capabilities in a growing service area but is unlikely to materially affect near-term earnings. FTI Consulting Appoints Technology Leader
• Negative Sentiment: Adjusted EPS of $2.16 missed the $2.26 consensus estimate, while revenue of $993.5 million was slightly below the approximately $997.6 million forecast.
• Negative Sentiment: GAAP net income fell to $57.8 million from $71.7 million, and adjusted EBITDA declined to $104.5 million from $111.6 million. The adjusted EBITDA margin contracted to 10.5% from 11.8% as direct costs, SG&A, compensation, and interest expense increased.
• Negative Sentiment: FTI lowered 2026 GAAP EPS guidance to $8.70–$9.30 from $8.90–$9.60, below the roughly $9.23 analyst consensus. Net debt rose to $856.3 million, largely because share repurchases were funded with additional borrowing.

Institutional Trading of FTI Consulting

Large investors have recently added to or reduced their stakes in the stock. Creative Planning grew its holdings in shares of FTI Consulting by 73.5% in the third quarter. Creative Planning now owns 16,983 shares of the business services provider’s stock valued at $2,745,000 after purchasing an additional 7,195 shares during the period. Lazard Asset Management LLC raised its stake in FTI Consulting by 4.7% during the second quarter. Lazard Asset Management LLC now owns 14,555 shares of the business services provider’s stock worth $2,350,000 after purchasing an additional 653 shares during the period. BNP Paribas Financial Markets boosted its holdings in FTI Consulting by 1.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 13,794 shares of the business services provider’s stock valued at $2,230,000 after purchasing an additional 220 shares during the last quarter. SkyView Investment Advisors LLC grew its stake in shares of FTI Consulting by 3.1% in the 2nd quarter. SkyView Investment Advisors LLC now owns 9,673 shares of the business services provider’s stock valued at $1,554,000 after buying an additional 292 shares during the period. Finally, Mariner LLC purchased a new stake in shares of FTI Consulting in the 4th quarter valued at approximately $1,351,000. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

FTI Consulting Company Profile

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.