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Forum Energy Tech ( (FET) ) has issued an announcement.
On June 13, 2025, Forum Energy Technologies, Inc. announced the appointment of Aron H. Marquez and Mark W. Smith to its Board of Directors, expanding the Board to nine members. Mr. Marquez will serve as a Class III director until 2027, participating in the Nominating, Governance & Sustainability Committee, and the Compensation & Human Capital Committee. Mr. Smith will serve as a Class I director until 2028, joining the Audit Committee and Compensation & Human Capital Committee. Both directors will receive compensation similar to other non-employee directors, including restricted stock awards.
Spark’s Take on FET Stock
According to Spark, TipRanks’ AI Analyst, FET is a Neutral.
Forum Energy Tech’s overall stock score reflects mixed financial performance and valuation concerns. While technical indicators show strong momentum, they suggest the stock might be overbought. Earnings call analysis indicates proactive management actions but highlights external challenges. The new board appointment is a promising development, but uncertainties in the broader market and financial metrics keep the score moderate.
To see Spark’s full report on FET stock, click here.
More about Forum Energy Tech
Average Trading Volume: 68,132
Technical Sentiment Signal: Hold
Current Market Cap: $240.7M
See more insights into FET stock on TipRanks’ Stock Analysis page.