Forum Energy Technologies (FET) Stock Overview
Designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
FET Community Fair Values
See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Forum Energy Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$49.21 |
| 52 Week High | US$65.43 |
| 52 Week Low | US$18.12 |
| Beta | 0.54 |
| 1 Month Change | -6.32% |
| 3 Month Change | -17.82% |
| 1 Year Change | 139.70% |
| 3 Year Change | 88.11% |
| 5 Year Change | 121.27% |
| Change since IPO | -88.69% |
Recent News & Updates
FET: Share Repurchases Will Tighten Float And Support Higher Future P/E
Analysts have lifted their price target for Forum Energy Technologies to $67 from $33, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Forum Energy Technologies From January 1, 2026 to April 24, 2026, Forum Energy Technologies repurchased 106,744 shares for US$5.37 million, representing 0.96% of its shares, according to company disclosures.It Is Too Early To Take Profits On Forum Energy Technologies
Summary Forum Energy Technologies (FET) has surged 255% in 12 months but remains attractively valued relative to its 5-year growth plan. FET aims to double market share and revenue by 2030, with free cash flow per share targeted at $19.10, implying substantial upside. Recent results showed 8% revenue growth, 14% adjusted EBITDA growth, and a 44% increase in backlog, supporting raised 2026 guidance. Despite historical losses and oil sector cyclicality, FET’s manageable leverage and strategic focus suggest further returns if execution continues. Read the full article on Seeking AlphaRecent updates
Shareholder Returns
| FET | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 0.6% | -1.7% | -0.7% |
| 1Y | 139.7% | 43.4% | 20.3% |
Return vs Industry: FET exceeded the US Energy Services industry which returned 43.4% over the past year.
Return vs Market: FET exceeded the US Market which returned 20.3% over the past year.
Price Volatility
| FET volatility | |
|---|---|
| FET Average Weekly Movement | 6.2% |
| Energy Services Industry Average Movement | 7.4% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FET has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FET's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 1,700 | Neal Lux | f-e-t.com |
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries.
Forum Energy Technologies, Inc. Fundamentals Summary
| FET fundamental statistics | |
|---|---|
| Market cap | US$536.73m |
| Earnings (TTM) | -US$6.29m |
| Revenue (TTM) | US$806.90m |
Is FET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FET income statement (TTM) | |
|---|---|
| Revenue | US$806.90m |
| Cost of Revenue | US$585.23m |
| Gross Profit | US$221.67m |
| Other Expenses | US$227.96m |
| Earnings | -US$6.29m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.56 |
| Gross Margin | 27.47% |
| Net Profit Margin | -0.78% |
| Debt/Equity Ratio | 53.4% |
How did FET perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/08 22:23 |
| End of Day Share Price | 2026/07/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Forum Energy Technologies, Inc. is covered by 27 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Leben | Baird |
| J. David Anderson | Barclays |
| Chase Mulvehill | BofA Global Research |