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Home โบ Stocks โบ Forum Energy Technologies Inc. (FET) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas Equipment & Services
$39.40
-0.09 (-0.23%)Did FET Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Forum Energy is one of their latest high-conviction picks.
FET has shown a year-to-date change of 6.6% and a 1-year change of 111.8%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for FET. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for FET.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 25, 2020 | Barclays | Underweight | Downgrade | $N/A | |
| Nov 25, 2020 | Deutsche Bank | Hold | Maintains | $N/A | |
| Nov 25, 2020 | Gabelli & Co. | Hold | Initiates | $N/A | |
| Nov 25, 2020 | Scotia Howard Weil | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Dahlman Rose | Buy | Maintains | $N/A | |
| Nov 25, 2020 | Citigroup | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | DA Davidson | Buy | Initiates | $N/A | |
| Nov 25, 2020 | SunTrust Robinson Humphrey | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | Johnson Rice | Buy | Upgrade | $N/A | |
| Nov 25, 2020 | Simmons & Co. | Overweight | Upgrade | $N/A | |
| Nov 25, 2020 | JP Morgan | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | William Blair | Market Perform | Downgrade | $N/A | |
| Nov 25, 2020 | B of A Securities | Underperform | Downgrade | $N/A | |
| Nov 25, 2020 | KLR Group | Buy | Initiates | $N/A | |
| Nov 25, 2020 | Piper Sandler | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Credit Suisse | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | Capital One Financial | Equal-Weight | Downgrade | $N/A | |
| Nov 25, 2020 | Morgan Stanley | Underweight | Downgrade | $N/A | |
| Nov 25, 2020 | Citi | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | KeyBanc | Overweight | Maintains | $N/A |
The following stocks are similar to Forum Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Forum Energy Technologies Inc. has a market capitalization of $468.99M with a P/E ratio of 12.4x. The company generates $790.29M in trailing twelve-month revenue with a -14.6% profit margin.
Revenue growth is -5.6% quarter-over-quarter, while maintaining an operating margin of -5.2% and return on equity of -31.1%.
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Manufactures critical equipment for the energy industry.
The company generates revenue by supplying essential equipment and products to the upstream and midstream sectors of the oil and gas industry. Its offerings include drilling equipment, valve solutions, and subsea technologies, which are crucial for enhancing operational efficiency and safety during exploration and production activities.
Headquartered in Houston, Texas, Forum Energy Technologies operates a global network of manufacturing sites and service centers, providing comprehensive after-market services to a diverse client base. The company plays a vital role in energy security and operational excellence within the oilfield development sector.
Energy
Oil & Gas Equipment & Services
1,800
Mr. Neal A. Lux
United States
2012
Forum Energy Technologies, Inc. has appointed Leslie A. Beyer to its Board of Directors. She will also join the Compensation & Human Capital and Nominating, Governance & Sustainability Committees.
The appointment of Leslie A. Beyer, with her government experience, could enhance Forum Energy Technologies' strategic direction and governance, potentially improving investor confidence and company performance.
Nauticus Robotics (NASDAQ: KITT) has signed a Manufacturing and Sales Agreement with Forum Energy Technologies (NYSE: FET) for the commercialization of its Olympic Armโข electric manipulator system.
The agreement enhances Nauticus's market reach and operational capabilities, potentially boosting revenue and investor confidence in both companies amid growing subsea technology demand.
Forum Energy Technologies, Inc. (NYSE: FET) will present at the Investor Summit Virtual Conference on December 9, 2025, at 9:00 a.m. CT. Registration is open for interested parties.
Forum Energy Technologies' leadership presentation at the Investor Summit could reveal strategic insights and future plans, impacting investor sentiment and stock performance.
Forum Energy Technologies (FET) has gained 106% YTD and aims to double revenues to $1.6B and triple free cash flow to $200โ230M by 2030, indicating potential for significant upside.
FET's strong growth projections and undervaluation signal potential for significant returns, supported by robust cash flow and a solid backlog, despite past performance concerns.
Forum Energy Technologies, Inc. (NYSE: FET) CEO Neal Lux will present at the Southwest IDEAS Investor Conference on November 19, 2025, at 10:35 a.m. CT. Registration is available online.
Forum Energy Technologies' CEO presenting at a major investor conference signals potential insights into the company's strategy and performance, influencing investor sentiment and stock valuation.
Forum Energy Technologies, Inc. will hold its Q3 2025 earnings call on October 31, 2025, at 11:00 AM EDT, featuring key executives and various financial analysts.
The Q3 earnings call of Forum Energy Technologies signals key financial insights and strategic updates, impacting stock performance and investor sentiment in the energy sector.
Based on our analysis of 8 Wall Street analysts, Forum Energy Technologies Inc. (FET) has a median price target of $36.00. The highest price target is $36.00 and the lowest is $36.00.
Analyst ratings for FET are not currently available. The stock is currently trading at $39.40. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict FET stock could reach $36.00 in the next 12 months. This represents a -8.6% decrease from the current price of $39.40. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by supplying essential equipment and products to the upstream and midstream sectors of the oil and gas industry. Its offerings include drilling equipment, valve solutions, and subsea technologies, which are crucial for enhancing operational efficiency and safety during exploration and production activities.
The highest price target for FET is $36.00 from at , which represents a -8.6% decrease from the current price of $39.40.
The lowest price target for FET is $36.00 from at , which represents a -8.6% decrease from the current price of $39.40.
Analyst ratings for FET are not currently available. The stock is trading at $39.40.
Stock price projections, including those for Forum Energy Technologies Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.