Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Forum Energy Technologies Inc. (FET) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas Equipment & Services
$20.85
+0.16 (0.77%)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 34.6% and a 1-year change of 29.1%, 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 | Capital One Financial | Equal-Weight | Downgrade | $0.00 | |
Nov 25, 2020 | William Blair | Market Perform | Downgrade | $0.00 | |
Nov 25, 2020 | Baird | Neutral | Downgrade | $0.00 | |
Nov 25, 2020 | SunTrust Robinson Humphrey | Neutral | Maintains | $0.00 | |
Nov 25, 2020 | Societe Generale | Buy | Initiates | $0.00 | |
Nov 25, 2020 | Gabelli & Co. | Hold | Initiates | $0.00 | |
Nov 25, 2020 | Bank of America | Neutral | Initiates | $0.00 | |
Nov 25, 2020 | Deutsche Bank | Hold | Maintains | $0.00 | |
Nov 25, 2020 | Simmons & Co. | Overweight | Upgrade | $0.00 | |
Nov 25, 2020 | GMP Securities | Buy | Initiates | $0.00 | |
Nov 25, 2020 | Scotia Howard Weil | Neutral | Downgrade | $0.00 | |
Nov 25, 2020 | Guggenheim | Neutral | Downgrade | $0.00 | |
Nov 25, 2020 | iBERIA Capital Partners | Outperform | Upgrade | $0.00 | |
Nov 25, 2020 | Dahlman Rose | Buy | Maintains | $0.00 | |
Nov 25, 2020 | ISI Group | Buy | Initiates | $0.00 | |
Nov 25, 2020 | Johnson Rice | Buy | Upgrade | $0.00 | |
Nov 25, 2020 | Piper Jaffray | Overweight | Maintains | $0.00 | |
Nov 25, 2020 | Cowen & Co. | Market Perform | Downgrade | $0.00 | |
Nov 25, 2020 | Morgan Stanley | Underweight | Downgrade | $0.00 | |
Nov 25, 2020 | Global Hunter Securities | Neutral | Upgrade | $0.00 |
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 $257.91M with a P/E ratio of 12.4x. The company generates $807.31M in trailing twelve-month revenue with a -15.3% profit margin.
Revenue growth is -4.5% quarter-over-quarter, while maintaining an operating margin of +4.6% and return on equity of -32.3%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Manufactures equipment for the energy industry.
The company generates revenue by manufacturing and supplying essential equipment and products to the upstream and midstream sectors of the oil and gas industry. Its diverse offerings include drilling equipment, valve solutions, and subsea technologies, which enhance the efficiency and safety of energy exploration and production activities.
Headquartered in Houston, Texas, Forum Energy Technologies operates globally through a network of manufacturing sites and service centers, providing comprehensive after-market services to a wide range of clients. The company's contributions are vital for energy security and operational excellence in oilfield developments.
Energy
Oil & Gas Equipment & Services
1,800
Mr. Neal A. Lux
United States
2012
Maxim Group has initiated coverage on Interactive Strength Inc. (TRNR) with a "Buy" rating and a $15 price target, highlighting expected 800% revenue growth by 2025 through strategic acquisitions and crypto investments.
Maxim Group's bullish report on TRNR highlights projected 800% revenue growth and a strong buy recommendation, signaling significant potential upside and interest in the companyโs strategic initiatives.
Forum Energy Technologies' share price rose significantly in June after securing a major contract to supply components for a military client.
Forum Energy Technologies' share price surge reflects strong demand in defense contracting, signaling potential for revenue growth and stability, which could attract investor interest.
Interactive Strength Inc. (TRNR) has completed its all-stock acquisition of Wattbike and expects over $75 million in pro forma 2025 revenue, with profitability projected for Q4.
TRNR's acquisition of Wattbike enhances its market position and product offerings, supporting revenue growth projections. The $55 million Digital Asset Treasury diversifies assets, potentially boosting investor confidence.
Interactive Strength Inc. (NASDAQ:TRNR) received UK FCA approval for its acquisition of Wattbike, expected to close in July 2025, enhancing its presence in the global fitness market.
Regulatory approval boosts confidence in TRNR's acquisition of Wattbike, enhancing market position and product offerings, which could lead to increased revenue and investor interest.
Forum Energy Technologies, Inc. appointed Aron H. Marquez and Mark W. Smith to its board of directors, enhancing governance and oversight with their roles in key committees.
Board appointments can signal strategic shifts or renewed focus on governance, potentially impacting investor confidence and stock performance. New directors may bring valuable expertise and insights.
Interactive Strength Inc. (Nasdaq: TRNR) has begun acquiring $FET tokens after closing a $55 million investment for its crypto treasury strategy, aiming for the largest U.S. publicly listed crypto treasury.
TRNR's crypto treasury strategy and $55 million investment signal a strong commitment to integrating digital assets, potentially enhancing its market valuation and attracting tech-savvy investors.
Based on our analysis of 8 Wall Street analysts, Forum Energy Technologies Inc. (FET) has a median price target of $24.00. The highest price target is $24.00 and the lowest is $24.00.
Analyst ratings for FET are not currently available. The stock is currently trading at $20.85. 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 $24.00 in the next 12 months. This represents a 15.1% increase from the current price of $20.85. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by manufacturing and supplying essential equipment and products to the upstream and midstream sectors of the oil and gas industry. Its diverse offerings include drilling equipment, valve solutions, and subsea technologies, which enhance the efficiency and safety of energy exploration and production activities.
Price targets from Wall Street analysts for FET are not currently available. The stock is trading at $20.85.
Price targets from Wall Street analysts for FET are not currently available. The stock is trading at $20.85.
Analyst ratings for FET are not currently available. The stock is trading at $20.85.
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.