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FETFETEnergy · Oil & Gas Equipment & Services

FET Stock Forecast: Forum Energy Technologies, Inc. Price Predictions for 2026-2027

Last close, 2 Oct 2026
$83
+1.02% on the day

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 94 of 100 as at 1 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$928.7M
Ticker Nerd rank
94 / 100
Median analyst target
$91
Analysts covering
0
Revenue$226.2M+13.2% y/y
Operating income$21.1M
Net income$12.4M
Free cash flow$9.5M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.4%
1M
+1.1%
YTD
+125.0%
1Y
+228.0%
From 52W high
−3.7%
From 52W low
+229.1%
$25
$86
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FET stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Forum Energy Technologies, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 1 Oct 2026
94 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
100
Momentum
98
Accruals
92
Issuance
88
Growth
53
Value
52
Quality
50
Size
45
Volatility
18

Revisions (100): Analysts have, on balance, been raising their forecasts.

Volatility (18): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FET stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FET, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$40$60$80$100Jan 26Apr 26Jul 26Oct 26FETHigh $91Median $91Low $91

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

Recent analyst actionsNewest first
DateFirmActionRatingTarget
25 Nov 2020B of A SecuritiesDowngradeUnderperform—
25 Nov 2020B. Riley FBRDowngradeSell—
25 Nov 2020BairdDowngradeNeutral—
25 Nov 2020Bank of AmericaInitiatesNeutral—
25 Nov 2020BarclaysDowngradeUnderweight—
25 Nov 2020Capital One FinancialDowngradeEqual-Weight—
25 Nov 2020CitiDowngradeNeutral—
25 Nov 2020CitigroupMaintainsNeutral—
25 Nov 2020Credit SuisseMaintainsNeutral—
25 Nov 2020Dahlman RoseMaintainsBuy—
25 Nov 2020Deutsche BankMaintainsHold—
25 Nov 2020Gabelli & Co.InitiatesHold—
25 Nov 2020Global Hunter SecuritiesUpgradeNeutral—
25 Nov 2020GMP SecuritiesInitiatesBuy—
25 Nov 2020GuggenheimDowngradeNeutral—
25 Nov 2020iBERIA Capital PartnersUpgradeOutperform—
25 Nov 2020ISI GroupInitiatesBuy—
25 Nov 2020JefferiesUpgradeBuy—
25 Nov 2020Johnson RiceUpgradeBuy—
25 Nov 2020JP MorganMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FET appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

FET vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 2 Oct 2026, Forum Energy Technologies, Inc. returned +228.0% against +15.4% for the S&P 500, dividends included.

FET vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300350Jan 26Apr 26Jul 26Oct 26FETS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FET analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+85.6%
Analysts raising
2
Analysts cutting
0
Fundamentals

Forum Energy Technologies, Inc. (FET) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.4×

Cheaper than 51% of US stocks

Price / sales
1.1×

Cheaper than 66% of US stocks

Price / book
3.1×

Cheaper than 30% of US stocks

EV / EBITDA
16.9×

Cheaper than 19% of US stocks

Growth & margins
Revenue growth (YoY)
13.2%

Higher than 59% of US stocks

Earnings growth (YoY)
61.1%

Higher than 78% of US stocks

Gross margin
31.5%

Higher than 36% of US stocks

Operating margin
9.3%

Higher than 63% of US stocks

Net margin
−0.2%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−0.5%

Higher than 43% of US stocks

Return on assets
2.7%

Higher than 63% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Forum Energy Technologies, Inc. (FET) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Forum Energy Technologies, Inc. has a market value of $928.7M and an enterprise value of $1.1B.

  • Revenue in the twelve months to 30 June 2026: $833.3M. The latest quarter grew 13.2% year on year.

  • Net income over the same four quarters: −$1.6M, a −0.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.15.

  • Free cash flow in the twelve months to 30 June 2026: $53.2M, after $6.1M of capital spending.

  • Forum Energy Technologies, Inc. spent $35.9M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 11.3M.

  • Trailing P/E: 12.4×; forward P/E: 16.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forum Energy Technologies, Inc. employs 1,700 people — $490K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 1 Oct 2026

Data provided by Twelve Data

Peers

FET vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Equipment & Services
CompanyMarket capTKN rank
FETForum Energy Technologies, Inc.$928.7M
94
TTITETRA Technologies, Inc.$852.4M
41
PUMPProPetro Holding Corp.$1.1B
19
FTKFlotek Industries, Inc.$1.1B
65
ACDCProFrac Holding Corp.$795.8M
19
VTOLBristow Group, Inc.$1.2B
37
HMHHMH Holding, Inc.$748.2M
35

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Forum Energy Technologies, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FET news & analysis

Forum Energy Technologies Targets Revenue Doubling, EBITDA Quadrupling by 2030

MarketBeat · 25 Sept 2026positive

Forum Energy Technologies executives presented a growth strategy at the Water Tower Research Virtual Insights Conference, focusing on market-share gains, product innovation and international expansion. The company outlined targets for significant revenue, EBITDA and free-cash-flow growth through 2030, including doubling revenue and quadrupling EBITDA.

Why it matters — A FET watcher would care because the company has publicly laid out ambitious long-term financial growth targets through 2030 and the strategy behind achieving them.

Keep Portfolio Swings in Check With VLO, PBF, FET & E

Zacks Investment Research · 25 Sept 2026positive

Zacks Research highlighted Valero Energy, PBF Energy, Forum Energy Technologies and another energy firm (E) as low-beta stocks with positive price momentum and solid growth drivers, drawing attention to them amid high oil prices and market volatility.

Why it matters — FET was identified as a defensive, low-beta energy stock with favorable price momentum, which may be relevant to investors seeking portfolio stability during volatile markets.

Are Oils-Energy Stocks Lagging Forum Energy Technologies (FET) This Year?

Zacks Investment Research · 24 Sept 2026neutral

Zacks Investment Research published an article comparing how Forum Energy Technologies (FET) and its peer National Energy Services Reunited (NESR) have performed relative to their oils-energy sector so far this year. The piece examines whether oils-energy stocks are lagging FET.

Why it matters — The article gives FET watchers context on how the company's year-to-date performance compares with both its sector and a direct industry peer.

NESR Leverages Technology Portfolio and Scale to Drive Growth

Zacks Investment Research · 22 Sept 2026neutral

National Energy Services (NESR) is betting on technology commercialization and its MENA scale to widen its contract funnel, supporting its goal of a $3 billion revenue run-rate. The report highlights NESR's use of its technology portfolio and scale to drive growth.

Why it matters — FET watchers may monitor NESR's growth strategy and expanding contract pipeline as signals of competitive dynamics and demand in the energy services sector.

Forum Energy Technologies to Participate in Water Tower Research Virtual Insights Conference

Business Wire · 21 Sept 2026neutral

Forum Energy Technologies, Inc. announced that its CEO Neal Lux and CFO Lyle Williams will participate in a fireside chat at the Water Tower Research Virtual Insights Conference on September 22, 2026 at 9:00 a.m. Central Time. The event will be accessible via a provided webcast link.

Why it matters — A FET watcher would care because the company's top executives are scheduled to present publicly at the conference, offering an opportunity to hear management discuss the business.

FAQ

Frequently asked questions about FET stock

How does Ticker Nerd's model rank FET?

As at 1 Oct 2026, Forum Energy Technologies, Inc. ranks 94 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (100 of 100).

What is the FET stock forecast for 2030?

No analyst covering Forum Energy Technologies, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FET are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $91 to $91 over the next 12 months.

How has FET stock performed over the past year?

Forum Energy Technologies, Inc. returned +228.0% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Forum Energy Technologies, Inc. do?

Forum Energy Technologies Inc. is a Houston-based industrial and energy equipment company that designs, manufactures, and distributes products for the oil and natural gas industry, with additional exposure to industrial, defense, communications, and renewable energy markets.

What is the latest news on FET?

The most recent item we track (MarketBeat, 25 Sept 2026): "Forum Energy Technologies Targets Revenue Doubling, EBITDA Quadrupling by 2030". Forum Energy Technologies executives presented a growth strategy at the Water Tower Research Virtual Insights Conference, focusing on market-share gains, product innovation and international expansion. The company outlined targets for significant revenue, EBITDA and free-cash-flow growth through 2030, including doubling revenue and quadrupling EBITDA.

Company

About Forum Energy Technologies, Inc.

Forum Energy Technologies Inc. is a Houston-based industrial and energy equipment company that designs, manufactures, and distributes products for the oil and natural gas industry, with additional exposure to industrial, defense, communications, and renewable energy markets. Forum Energy Technologies Inc. serves the full lifecycle of upstream operations through its Drilling and Completions and Artificial Lift and Downhole segments, supplying engineered capital equipment, consumable products, aftermarket parts, and related services. Its offerings support drilling, well construction, completion, production, subsea, and infrastructure applications, helping customers improve operational efficiency and reliability across demanding environments. The company focuses on highly engineered solutions used by energy producers and service providers in the United States and internationally, positioning it as a diversified supplier within the broader energy equipment and services market.

CEO Mr. Neal A. Lux · 1,700 employees · United States · https://f-e-t.com