New Role: FTI Consulting has appointed Steven Casey as a Senior Managing Director in its Economic Consulting segment, based in Sydney, Australia. This move aims to enhance the firm's public sector and economic advisory capabilities across New South Wales and Australia.
Experience: Mr. Casey brings nearly 20 years of experience in advising governments and regulators, with expertise in public policy, economics, regulatory reform, and advanced analytics, including data and AI.
Contributions and Goals
Client Support: In his new role, Casey will assist clients in navigating complex fiscal, infrastructure, and policy challenges, while also promoting the growth of FTI Consulting's economics platform in Australia.
Integrated Solutions: He aims to contribute to multidisciplinary solutions that address the intersection of government, public policy, and the private sector.
Industry Recognition
Expertise Acknowledged: Robert Southern, a Senior Managing Director at FTI Consulting, highlighted Casey's reputation in the public sector and his ability to tackle complex challenges, enhancing the firm's capabilities in Australia and the Asia Pacific region.
Previous Experience
Career Background: Before joining FTI Consulting, Casey was the Head of Public Sector and Data & AI Consulting at Quantium Telstra and spent over a decade at KPMG Australia, leading the Economics and Policy practice.
FTI Consulting Overview
Company Profile: FTI Consulting is a global expert firm specializing in crisis and transformation, with over 7,900 employees in 32 countries as of June 30, 2025. The company reported revenues of $3.70 billion for the fiscal year 2024.
FCN
$170.87+Infinity%1D
Analyst Views on FCN
Wall Street analysts forecast FCN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCN is USD with a low forecast of 161.00 USD and a high forecast of 161.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast FCN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCN is USD with a low forecast of 161.00 USD and a high forecast of 161.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 170.590
Low
161.00
Averages
High
161.00
Current: 170.590
Low
161.00
Averages
High
161.00
Truist
Tobey Sommer
Hold
downgrade
$178 -> $165
2025-10-23
Reason
Truist
Tobey Sommer
Price Target
$178 -> $165
2025-10-23
downgrade
Hold
Reason
Truist analyst Tobey Sommer lowered the firm's price target on FTI Consulting to $165 from $178 and keeps a Hold rating on the shares. The company reported upside in Q3 and increased EPS guidance, but the firm thinks investors fear AI driven efficiencies could reduce billable hours. While the firm takes "solace" that clients view FTI as an expert firm, which could reduce the threat of automation, it acknowledges the risk that AI is an overhang and is also cautious longer-term about segment margins in the race for talent.
Truist Securities
Tobey Sommer
Strong Buy
to
Hold
Downgrades
$225 → $178
2025-04-02
Reason
Truist Securities
Tobey Sommer
Price Target
$225 → $178
2025-04-02
Downgrades
Strong Buy
to
Hold
Reason
Truist downgraded FTI Consulting to Hold from Buy with a price target of $178, down from $225. The firm reduced 2025 estimates below guidance and consensus, citing ongoing risk from consultant attrition in Economic Consulting. Yesterday, according to the industry journal Global Competition Review, FTI reportedly lost a substantial producer in the Economic Consulting Segment to Econic Partners, the newly launched firm founded by the former leader of the Compass Lexicon brand within FTI, the analyst tells investors in a research note. Truist now anticipates an annual guidance reduction.
Truist Securities
Tobey Sommer
Strong Buy
Maintains
$275 → $225
2025-02-21
Reason
Truist Securities
Tobey Sommer
Price Target
$275 → $225
2025-02-21
Maintains
Strong Buy
Reason
Goldman Sachs
James Yaro
Hold
Maintains
$194 → $173
2025-02-21
Reason
Goldman Sachs
James Yaro
Price Target
$194 → $173
2025-02-21
Maintains
Hold
Reason
About FCN
FTI Consulting, Inc. is a global business advisory company. The Company’s segment includes Corporate Finance & Restructuring segment focuses on the strategic, operational, financial, transactional and capital needs of its clients; Forensic and Litigation Consulting segment provides law firms, companies, government entities and other interested parties with a multidisciplinary and independent range of services in risk and investigations and disputes; Economic Consulting segment provides law firms, companies, and government entities with analyzes of economic issues for use in international arbitration and legal and regulatory proceedings and strategic decision-making and public policy debates; Technology segment provides companies, law firms, private equity firms and government entities with a portfolio of digital insights and risk management consulting and data services, and Strategic Communications segment provides corporate reputation, financial communications and public affairs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
