Key Highlights

  • On November 5, 2026, FTI Consulting (NYSE:FCN) stood at USD 200.00 in a published market data snapshot, up 0.85% on the day, 17.26% over one week and 44.26% over one month, within the USD 2 billion to USD 10 billion Mid cap range.
  • Record third quarter sales of USD 1.013 billion climbed 5.9% from USD 956.2 million, and every one of the five segments expanded. Adjusted EPS rose to USD 3.84 from USD 2.60, while GAAP EPS slipped to USD 2.35 from USD 2.60.
  • Adjusted EBITDA hit USD 153.7 million, a 15.2% Margin compared with 13.7% a year before, and the 2026 adjusted EPS outlook was lifted to between USD 9.50 and USD 10.00, from USD 9.10 to USD 9.70.
  • Revenue guidance of USD 3.940 billion to USD 4.100 billion was held, while GAAP EPS guidance was trimmed to USD 7.55 to USD 8.05, down from USD 8.70 to USD 9.30, reflecting a USD 46.0 million special charge.

Segment Growth Across All Five Units Lifts the Quarter

FTI Consulting (NYSE:FCN) reported October 29, 2026 results covering the quarter ended September 30. Revenue of USD 1.013 billion rose USD 56.4 million, or 5.9%. Corporate Finance climbed 4.8% to USD 424.4 million, Economic Consulting advanced 9.3% to USD 189.3 million, Technology grew 9.7% to USD 103.2 million and Strategic Communications rose 12.5% to USD 100.6 million. Forensic and Litigation Consulting edged up 0.2% to USD 195.1 million. Shares stood at USD 200.00 on November 5, 2026, moving 0.85% in the session, while the snapshot shows 17.26% over one week, 44.26% over one month, 33.34% over three months and 23.61% over six months, with no year to date reading. Coverage published November 2 also flagged a fresh 52-week high.

Adjusted Earnings Beat and Higher Outlook Drive the Re-Rating

The re-rating rests on adjusted results and a higher adjusted outlook. Adjusted EPS of USD 3.84, up from USD 2.60 a year earlier, represents a gain of about 48% (calculated), and the 2026 adjusted range was lifted by USD 0.40 at the low end and USD 0.30 at the high end. The adjusted EBITDA margin widened 1.5 points. GAAP figures lagged: Net Income was USD 63.4 million, down from USD 82.8 million, because a USD 46.0 million special charge reduced EPS by USD 1.36 and USD 4.5 million of litigation expenses reduced it by USD 0.13. Investors appear willing to look beyond the charge.

Buyback Cost, Debt Levels and Risks After a 44.26% Run

Compared with the USD 151.55 average price the company paid for 523,588 shares in the third quarter, the USD 200.00 share price sits roughly 32% higher (calculated). That repurchase totaled USD 79.4 million, with roughly USD 264.7 million of authorization still available. Cash was USD 88.1 million, down from USD 146.0 million a year earlier, while total debt climbed to USD 852.0 million from USD 510.0 million. Third quarter Operating Cash Flow of USD 190.4 million compares with USD 201.9 million before. Valuation metrics such as the P/E ratio, market cap and average Volume were not captured. A run this size can reverse, and thin trading can swing the price.

Where Things Stand

FTI Consulting (NYSE:FCN) rose 44.26% in a month as record sales, a stronger adjusted EBITDA margin and a raised adjusted EPS outlook arrived together, while investors appear to discount the GAAP charge. In the published market data snapshot, the stock ranks among the mid cap one month leaders at 44.26% across 969 names screened. With the shares at USD 200.00, the rally now hinges on hitting USD 3.940 billion to USD 4.100 billion of revenue guidance.