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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
$50.41
-3.23 (-6.02%)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 36.4% and a 1-year change of 205.1%, 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 | Piper Sandler | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Citigroup | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | Barclays | Underweight | Downgrade | $N/A | |
| Nov 25, 2020 | B. Riley FBR | Sell | Downgrade | $N/A | |
| Nov 25, 2020 | Morgan Stanley | Underweight | Downgrade | $N/A | |
| Nov 25, 2020 | B of A Securities | Underperform | Downgrade | $N/A | |
| Nov 25, 2020 | Citi | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Piper Jaffray | Overweight | Maintains | $N/A | |
| Nov 25, 2020 | Bank of America | Neutral | Initiates | $N/A | |
| Nov 25, 2020 | Credit Suisse | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | JP Morgan | Neutral | Maintains | $N/A | |
| Nov 25, 2020 | Simmons & Co. | Overweight | Upgrade | $N/A | |
| Nov 25, 2020 | Deutsche Bank | Hold | Maintains | $N/A | |
| Nov 25, 2020 | Jefferies | Buy | Upgrade | $N/A | |
| Nov 25, 2020 | Guggenheim | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Societe Generale | Buy | Initiates | $N/A | |
| Nov 25, 2020 | Baird | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | Capital One Financial | Equal-Weight | Downgrade | $N/A | |
| Nov 25, 2020 | Dahlman Rose | Buy | Maintains | $N/A | |
| Nov 25, 2020 | Gabelli & Co. | Hold | Initiates | $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 $569.85M with a P/E ratio of 12.4x. The company generates $806.89M in trailing twelve-month revenue with a -0.8% profit margin.
Revenue growth is +8.0% quarter-over-quarter, while maintaining an operating margin of +5.3% and return on equity of -2.1%.
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Manufactures mission-critical equipment for energy sector.
The company operates by designing, manufacturing, and supplying essential equipment and products for the oil and gas industry, specifically targeting the upstream and midstream sectors. It generates revenue through the sale of drilling equipment, valve solutions, and subsea technologies, along with providing comprehensive after-market services.
Headquartered in Houston, Texas, Forum Energy Technologies has a global presence with a network of manufacturing sites and service centers, ensuring it meets the diverse needs of its clients in both onshore and offshore applications. Its role in enhancing operational efficiency and safety in energy production makes it a crucial player in the industry.
Energy
Oil & Gas Equipment & Services
1,700
Mr. Neal A. Lux
United States
2012
Forum Energy Technologies, Inc. (FET) held its Q1 2026 earnings call, discussing financial results and company performance. Further details can be found in the transcript.
The Q1 2026 earnings call for Forum Energy Technologies, Inc. provides insights into financial performance, operational strategies, and market conditions that can influence stock valuation and investment decisions.
Forum Energy Technologies, Inc. (NYSE: FET) reported Q1 2026 revenue of $209 million and net income of $4 million ($0.39/share). Adjusted net income was $6 million ($0.47/share), with revenue up 8% year-over-year.
Forum Energy Technologies' positive revenue and adjusted EBITDA growth, alongside increasing net income, signals strong operational momentum, potentially boosting investor confidence and stock performance.
Forum Energy Technologies (FET) reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.44 and up from $0.04 per share a year earlier.
Forum Energy Technologies' earnings beat expectations and show significant year-over-year growth, indicating strong performance and potential for future profitability, positively impacting investor sentiment.
Forum Energy Technologies (FET) and TotalEnergies SE Sponsored ADR (TTE) have been compared to their sector performance year-to-date. Further details on their specific performance were not provided.
Performance comparisons highlight relative strength or weakness in stocks like FET and TTE, influencing investment decisions and sector confidence.
Forum Energy (FET) is identified as a potential option for short-term investors due to its recent price trend and fundamental soundness, according to a trading strategy-based screen.
Forum Energy's positive screening suggests strong fundamentals and a favorable price trend, indicating potential for short-term gains, which may attract tactical investors.
FET, NVDA, TXN, DOW, and CF were added to the Zacks Rank #1 (Strong Buy) List as of April 27, 2026.
The addition of FET, NVDA, TXN, DOW, and CF to the Zacks Rank #1 (Strong Buy) List signals strong growth potential and positive market sentiment, likely attracting investor interest and driving stock prices higher.
Based on our analysis of 1 Wall Street analysts, Forum Energy Technologies Inc. (FET) has a median price target of $67.00. The highest price target is $67.00 and the lowest is $67.00.
Analyst ratings for FET are not currently available. The stock is currently trading at $50.41. 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 $67.00 in the next 12 months. This represents a 32.9% increase from the current price of $50.41. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates by designing, manufacturing, and supplying essential equipment and products for the oil and gas industry, specifically targeting the upstream and midstream sectors. It generates revenue through the sale of drilling equipment, valve solutions, and subsea technologies, along with providing comprehensive after-market services.
The highest price target for FET is $67.00 from at , which represents a 32.9% increase from the current price of $50.41.
The lowest price target for FET is $67.00 from at , which represents a 32.9% increase from the current price of $50.41.
Analyst ratings for FET are not currently available. The stock is trading at $50.41.
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.