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FET Stock Chart & Stats
$30.48
-$0.44(-2.70%)
At close: 4:00 PM EST
$30.48
-$0.44(-2.70%)
Day’s Range― - ―
52-Week Range$18.12 - $65.43
Previous CloseN/A
Volume13.29K
Average Volume (3M)177.58K
Market Cap
$556.28M
Enterprise Value$776.40M
Total Cash (Recent Filing)$37.49M
Total Debt (Recent Filing)$240.20M
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Jul 30, 2026EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.48
Shares Outstanding11,304,286
10 Day Avg. Volume176,425
30 Day Avg. Volume177,583
Financial Highlights & Ratios
PEG Ratio0.49
Price to Book (P/B)1.51
Price to Sales (P/S)0.55
P/FCF Ratio6.82
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue0.96
Enterprise Value/Gross Profit3.50
Enterprise Value/Ebitda9.80
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)2.07
Revenue Forecast (FY)$854.25M
Bulls Say, Bears Say
Bulls Say
Cash Generation / Free Cash FlowTTM operating and free cash flow turned firmly positive after the 2024–2025 turnaround, with management reiterating $55–$75M FCF guidance and targeting ~65% EBITDA-to-FCF conversion. Durable FCF supports deleveraging, share repurchases and reinvestment even if revenue growth moderates.
Improved Leverage And LiquidityDebt reduction, a longer-dated credit facility and reported liquidity ($91M with $54M revolver available) materially lower refinancing risk and improve financial flexibility. This structural improvement gives management room for capex, M&A optionality, and disciplined buybacks while withstanding industry downturns.
Backlog, Bookings & Product CommercializationA record backlog, improving book-to-bill and clear product commercialization (DuraCoil, Unity ROV, DuraLine, FR-120 wins) provide multi-quarter revenue visibility and broaden end-markets. Growth in international and subsea lines diversifies revenues and builds a deeper installed base for recurring aftermarket sales.
Bears Say
Bottom-line Profitability / Shareholder ReturnsDespite operational fixes and positive operating cash flow, net income remains slightly negative, compressing ROE and limiting sustainable shareholder returns. Until consistent net profitability covers capital employed, equity returns and dividend prospects remain constrained over the next several quarters.
Product-mix Margin PressureRising share of lower-margin subsea orders and pass-through material costs can structurally compress gross and EBITDA margins even as revenue grows. Mix shifts can offset cost-savings gains and create volatility in operating margin sustainability, making earnings less predictable across cycles.
Cyclicality, Seasonality And Operational Disruption RiskThe business remains exposed to project timing, seasonal back-end weighted cash flows, delivery pushouts and consolidation-related absorption issues. Regional logistics disruptions (Middle East ~10% of sales) further risk revenue timing and working capital, complicating steady free-cash-flow generation across quarters.
Forum Energy Tech News
FET FAQ
What was Forum Energy’s price range in the past 12 months?
Forum Energy lowest stock price was $18.12 and its highest was $65.43 in the past 12 months.
What is Forum Energy’s market cap?
Forum Energy’s market cap is $556.28M.
When is Forum Energy’s upcoming earnings report date?
Forum Energy’s upcoming earnings report date is Jul 30, 2026 which is in 20 days.
How were Forum Energy’s earnings last quarter?
Forum Energy released its earnings results on Apr 30, 2026. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.03.
Is Forum Energy overvalued?
According to Wall Street analysts Forum Energy’s price is currently Overvalued.
Does Forum Energy pay dividends?
Forum Energy does not currently pay dividends.
What is Forum Energy’s EPS estimate?
Forum Energy’s EPS estimate is 0.57.
How many shares outstanding does Forum Energy have?
Forum Energy has 11,304,286 shares outstanding.
What happened to Forum Energy’s price movement after its last earnings report?
Forum Energy reported an EPS of $0.47 in its last earnings report, beating expectations of $0.44. Following the earnings report the stock price went down -6.569%.
Which hedge fund is a major shareholder of Forum Energy?
Currently, no hedge funds are holding shares in FET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Forum Energy Tech Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
FET Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 5.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $166.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.5%
Last 30 Days ▼ 19.0%
Last 30 Days ▼ 19.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
144.61%
12-Months-Change
Fundamentals
Return on Equity
-2.09%
Trailing 12-Months
Asset Growth
-3.42%
Trailing 12-Months
Company Description
Forum Energy
Forum Energy Technologies, Inc. is a global provider that develops, produces, and distributes essential equipment and services for the oil and natural gas, industrial, and renewable energy industries, operating in both the United States and internationally. The company organizes its operations into three main segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and provides products and related services for drilling, well construction, artificial lift, and subsea energy infrastructure markets. Its applications span oil and natural gas, renewable energy, defense, and communications. Offerings in this division include capital drilling equipment and various consumables for the drilling process; well casing and cementing tools, alongside protective gear for artificial lift systems and cables; and advanced subsea technologies such as remotely operated vehicles (ROVs), trenchers, submarine rescue vehicles, specialized components, and complementary technical services. The Completions segment supplies a range of equipment for well completion and intervention services. This encompasses hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron, catering to pressure pumping, hydraulic fracturing, and flowback operations. Additionally, it offers wireline cable, pressure control apparatus, coiled tubing strings, and coiled line pipe. The Production segment is dedicated to developing, manufacturing, and supplying products, equipment, and associated services for production and infrastructure needs. Its portfolio includes custom engineered process systems, various types of production equipment, specialized separation units, and a broad array of industrial valves. These serve a diverse customer base, including oil and natural gas companies, power generation facilities, renewable energy projects, and other general industrial applications. Forum Energy Technologies, Inc. was established in 2005, initially named Forum Oilfield Technologies, Inc., before rebranding to its current name in August 2010. The company's headquarters are located in Houston, Texas.
FET Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive momentum: solid YoY top-line and profitability improvements, strong backlog and bookings, meaningful cost savings, product commercialization progress, and a constructive guidance raise. Near-term headwinds are limited and largely seasonal or temporary (Q1 free cash flow seasonality, coiled tubing delivery pushouts, product-mix margin impacts, and minor Middle East logistics disruptions). Balance sheet actions (share buybacks, credit extension) and conservative guidance assumptions further reinforce confidence.View all FET earnings summariesTechnical Analysis
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Ownership Overview
7.45% Insiders
24.35% Mutual Funds
0.10% Other Institutional Investors
46.07% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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