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Forum Energy Tech ( (FET) ) has provided an update.
On January 12, 2026, Forum Energy Technologies, Inc. appointed The Honorable Leslie A. Beyer to its Board of Directors, with her service to include roles on the Compensation and Human Capital Committee and the Nominating, Governance and Sustainability Committee. Beyer will receive standard non-employee director compensation, including an initial restricted stock award of approximately $150,000, is slated to stand for election as a Class I director at the 2028 annual meeting, and was appointed without any special arrangements or related-party transactions disclosed by the company.
The most recent analyst rating on (FET) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Forum Energy Tech stock, see the FET Stock Forecast page.
Spark’s Take on FET Stock
According to Spark, TipRanks’ AI Analyst, FET is a Neutral.
Forum Energy Tech’s overall stock score is driven by strong technical momentum and positive earnings call guidance, despite significant financial performance challenges and poor valuation metrics. The company’s strategic initiatives and backlog growth provide optimism, but profitability and valuation concerns weigh heavily on the score.
To see Spark’s full report on FET stock, click here.
More about Forum Energy Tech
Average Trading Volume: 115,899
Technical Sentiment Signal: Buy
Current Market Cap: $449.5M
For detailed information about FET stock, go to TipRanks’ Stock Analysis page.