Forrester Research

FORR

Forrester is an American market research company that provides advice on existing and potential impact of technology to its clients and the public. Their 2016 adjusted EBITDA was $29.3 million and their 2015 adjusted EBITDA was $26.5 million. The company offers a variety of services including syndicated research on technology as it relates to business, quantitative market research on consumer technology adoption as well as enterprise IT spending, research-based consulting and advisory services, events, workshops, teleconferences, and executive peer-networking programs. Forrester has five research centers in the US: Cambridge; New York, New York; San Francisco, California; Washington, D.C.; and Dallas, Texas. It also has four European research centers in Amsterdam, Frankfurt, London, and Paris and four research centers in the APAC region in New Delhi, Singapore, Beijing, and Sydney. The firm has 27 sales locations worldwide.

Forrester Research has been a target of short sellers for a while. The current short interest of 3.39% is roughly at the average of the last 12 months (3.86%).