FTI Consulting, Inc. (FCN) Stock Price & How to Invest

FTI Consulting is a global expert firm that advises corporations, law firms, governments, and financial institutions through five segments: Corporate Finance and Restructuring (its largest, roughly 41% of revenue), Forensic and Litigation Consulting (~20%), Economic Consulting (~19%), Technology (~10%), and Strategic Communications (~10%). Its work spans turnaround and restructuring, transactions, disputes and investigations, antitrust and regulatory economics, e-discovery, and corporate reputation. The firm employs roughly 8,100 people, of whom about 6,400 are billable professionals, and generates around 63% of revenue from US-based professionals.

The investment picture is one of a broadly diversified, partly countercyclical advisory business: restructuring demand tends to rise when the economy weakens, while litigation and communications work is more steady. FY2025 revenue was about $3.79 billion; early in 2026 management guided 2026 revenue to roughly $3.94 to $4.10 billion with EPS of $8.90 to $9.60, and analysts now average about $4.0 billion and $9.27. The near-term tension is margins: growth in Corporate Finance and Strategic Communications is being partly offset by elevated compensation costs and a soft Economic Consulting unit, which posted a segment EBITDA loss in early 2026. Q2 2026 revenue rose about 5% to roughly $993 million, but net income of about $58 million and EPS of $1.99 fell short of the ~$2.26 consensus. In October 2026 Compass Lexecon, FTI's economics consultancy, named Adel Turki president and added a new Brussels head, while the wider firm kept adding senior restructuring and AI-focused hires.

The Economic Consulting segment has been a clear drag, with revenue declining and swinging to a segment EBITDA loss on softer antitrust and economic-analysis demand plus elevated compensation; the October 2026 leadership change at Compass Lexecon is an attempt to reset that unit. FTI is fundamentally a people business, so rising staff costs, senior-professional attrition, and utilization swings can compress margins even when revenue grows, and earnings fell about 7% year over year in the latest quarter while EPS missed estimates twice in a row. Heavy reliance on the US market ties results to domestic economic conditions and regulatory activity. Much of the work is project-based and can be lumpy, making quarterly earnings volatile. Competition for talent and clients from larger and specialist advisory firms is intense.

We give no verdict on FTI Consulting, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Restructuring and Corporate Finance strength. The Corporate Finance and Restructuring segment is the largest revenue driver and grew about 19% year over year in Q1 2026 on demand and higher realized bill rates in turnaround, transactions, and transformation work.

The case against. The Economic Consulting segment has been a clear drag, with revenue declining and swinging to a segment EBITDA loss on softer antitrust and economic-analysis demand plus elevated compensation; the October 2026 leadership change at Compass Lexecon is an attempt to reset that unit.

Read the full bull and bear case on FCN, including what would have to change to break either one. Walnut is not an investment adviser.

No. FTI Consulting, Inc. (FCN) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see FTI Consulting, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$3.92B (Q2 2026 up ~5.3% YoY)
• Revenue (Q2 2026): ~$993M
• Net income (TTM): ~$253M (profit margin ~6.4%)
• EPS (Q2 2026 vs estimate): ~$1.99 vs ~$2.26
• Operating margin: ~9.2%
• Market cap / price: ~$4.0B (~$145.85, October 16, 2026)
• P/E (trailing / forward): ~17.6x / ~13.4x

FCN closed near $145.85 on October 16, 2026, within a 52-week range of roughly $129 to $189, down about 14% year to date. Its trailing P/E near 17.6x falls to about 13.4x on forward estimates, a discount that reflects margin worries and two straight EPS misses even as revenue keeps growing. Q3 2026 results are due October 29, with consensus near $2.74 per share on about $1.01 billion of revenue.

Other names that sit close to FCN: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get FCN exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so FCN sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where FCN fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

FCN is a diversified, countercyclical consulting franchise whose steady top-line growth is currently offset by margin pressure and a weak Economic Consulting segment. Revenue keeps inching up (~$3.9 billion trailing), but EPS missed estimates in both Q1 and Q2 2026, and the stock now trades near 17.6 times trailing and 13.4 times forward earnings, well below its 52-week high of about $189.

Whether FCN is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is FCN a buy or a sell?, and where the stock could go from here in the FCN stock forecast.

For income investors, whether FCN pays a dividend and how the payout looks is covered in does FCN pay a dividend? And to weigh FCN against a peer, read the full side-by-side comparisons: FCN vs ACN and FCN vs HLI.