FORECAST Function in Excel

What this does

FORECAST.LINEAR predicts one y for one x by fitting a least-squares line through the known points. It is identical to computing INTERCEPT plus SLOPE times x, just in one call. The newer FORECAST.ETS handles seasonal time series with exponential smoothing and needs a proper date column; the plain linear form assumes a straight-line relationship and nothing more. The legacy FORECAST still works and matches FORECAST.LINEAR. As with any regression, predictions far outside the observed range of x are extrapolation rather than forecasting. Most people learn this as a sequence of clicks and forget it by next week; learning it as a pattern instead is what lets you apply it to the next, slightly different version of the problem without starting from scratch. That is the difference this page is trying to make. For “forecast function in excel”, the reliable version is a short checking loop, not just the first command that appears to work. Run it on a deliberately small range first, watch how the affected formula change, and only then apply the same setup to the full sheet. When a formula is involved, keep the inputs labelled beside it, reference cells instead of typing values, and apply number formatting only after the result checks out. That is what makes a calculation you can defend to a CFO or an auditor useful in real work: repeatable, auditable, and not dependent on memory or luck.

A worked example

Months 1 to 24 in A2:A25 and revenue in B2:B25: =FORECAST.LINEAR(25, B2:B25, A2:A25) predicts month 25. For a seasonal series with real dates, =FORECAST.ETS(newDate, B2:B25, A2:A25) captures the repeating pattern a straight line cannot. FORECAST puts a defensible projection in a cell instead of a chart annotation, which is what a planning model needs. One habit worth forming early: name the cells that hold your inputs, so the formula reads in plain language instead of a string of cell addresses. A reviewer — or you in three months — can then follow the logic without decoding what B7 and D2 were supposed to mean, which is most of what makes a sheet maintainable.

In Google Sheets

If you are in Google Sheets rather than Excel, the good news is that the formula shown here is identical and the workflow barely changes — menus sit across the top instead of in a ribbon, and a few function names differ slightly, but anything you build here moves across with little or no rework. Nothing on this page is behind a login: the tool runs entirely in your browser, the formula is shown in full with one-click copy, and the steps work the same on Windows and Mac. That is the whole promise here — the exact answer, a way to prove it on your own numbers, and just enough context to make it stick. Treat “forecast function in excel” as a small building block rather than a chore. Once the inputs sit in their own cells and the formula reads from them, the same setup answers a dozen related questions with a tweak, and Excel keeps every dependent figure current as the data changes. The tool above is there so you can rehearse and verify before committing anything to a real workbook; the steps and worked example are there so the logic sticks. Get it right once and it stops costing you time — it starts saving it, every time the question comes back around.

Common mistakes

• Predicting far outside the range of the historical x values, where the fitted line carries no evidence.
• Using the linear form on a seasonal series; FORECAST.ETS exists for that and needs evenly spaced dates.
• Mixing up the argument order — the x to predict comes first, then y values, then x values.

Frequently asked questions