Forrester Secures $800,000 in New Government Contracts in Q2

Thursday, Aug 28, 2025 6:22 pm ET1min read

Forrester secured over $800,000 in new contracts with state and local government agencies in Q2 2025. The company has not disclosed the names of the clients.

Forrester (NASDAQ: FORR) has announced securing over $800,000 in new strategic contracts with state and local government agencies across the United States during the second quarter of 2025. The company, which specializes in technology research and consulting, has not disclosed the names of the clients, but has mentioned that these contracts include agreements with the City of Minneapolis, the New York City Housing Authority, and the City of Pittsburgh [1].

According to Dana Barnes, vice president of North America public sector sales at Forrester, these relationships demonstrate the growing trust of the public sector in the company's ability to help navigate volatility, adopt emerging technologies like generative AI, and improve community outcomes. Forrester is proud to contribute to these efforts and support local and state government initiatives [1].

This news comes as Forrester Research has outlined a potential growth inflection ahead, with shares remaining relatively cheap. The company has maintained its earnings per share (EPS) guidance and reported a 15% increase in its sales pipeline [1].

References:
[1] https://seekingalpha.com/news/4490065-forrester-secures-over-800k-in-state-and-local-contracts

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