There are variable responses to short-term periods of increased training load in endurance athletes, whereby some athletes improve without deleterious effects on performance, while others show diminished exercise performance for a period of days to months. The time course of the decrement in performance and subsequent restoration, or super compensation, has been used to distinguish between the different stages of the fitness-fatigue adaptive continuum termed functional overreaching (FOR), non-functional overreaching (NFOR) or overtraining syndrome. The short-term transient training-induced decrements in performance elicited by increases in training load (i.e. FOR) are thought be a sufficient and necessary component of a training program and are often deliberately induced in training to promote meaningful physiological adaptations and performance super-compensation. Despite the supposition that deliberately inducing FOR in athletes may be necessary to achieve performance super-compensation, FOR has been associated with various negative cardiovascular, hormonal and metabolic consequences. Furthermore, recent studies have demonstrated dampened training and performance adaptations in FOR athletes compared to non-overreached athletes who completed the same training program or the same relative increase in training load. However, this is not always the case and a number of studies have also demonstrated substantial performance super-compensation in athletes who were classified as being FOR. It is possible that there are a number of contextual factors that may influence the metabolic consequences associated with FOR and classifying this training-induced state of fatigue based purely on a decrement in performance may be an oversimplification. Here, the most recent research on FOR in endurance athletes will be critically evaluated to determine (1) if there is sufficient evidence to indicate that inducing a state of FOR is necessary and required to induce a performance super-compensation; (2) the metabolic consequences that are associated with FOR; (3) strategies that may prevent the negative consequences of overreaching.