Flotek Industries, Inc.

NYSE:FTK Stock Report

Market Cap: US$1.1b

Flotek Industries Future Growth

Future criteria checks 1/6

Flotek Industries is forecast to grow earnings and revenue by 5.6% and 9.8% per annum respectively while EPS is expected to grow by 4.2% per annum.

Key information

5.6%

Earnings growth rate

4.23%

EPS growth rate

Chemicals earnings growth21.7%
Revenue growth rate9.8%
Future return on equityn/a
Analyst coverage

Low

Last updated15 Sep 2026

Recent future growth updates

Recent updates

Narrative Update • Sep 17

FTK: Puerto Rico Contract Fallout Could Set Up Future Repricing Opportunity

Analysts have lifted their fair value estimate for Flotek Industries from $19.00 to $32.00, reflecting updated assumptions around revenue growth, profit margins, and the P/E multiple they apply to the stock. What’s in the News for Flotek Industries Flotek Industries is the subject of multiple securities class action lawsuits related to the cancelled US$400 million, 10 year power generation contract with the Puerto Rico Electric Power Authority, which previously represented about 57% of the company’s reported backlog.
Narrative Update • Sep 03

FTK: Higher Future P/E Will Offset PREPA Termination Risk

Analysts have lifted their price target for Flotek Industries from about $26.92 to roughly $38.25 as updated assumptions on fair value, revenue growth, discount rate, profit margin and future P/E reset their outlook on the stock. What’s in the News for Flotek Industries On August 19, 2026, Flotek Industries confirmed that the Puerto Rico Electric Power Authority (PREPA) delivered formal notice terminating the power purchase and operating agreement, which ended the company’s participation in the 400 MW Aguirre Power Plant project.
Seeking Alpha • Aug 28

Flotek: Puerto Rico Is Gone, But The Business That Matters Is Still Growing

Summary Flotek Industries is rated Buy after the Puerto Rico contract cancellation, as Data Analytics drives a fundamental business inflection. Management raised 2026 revenue guidance to $340–$350 million and EBITDA to $47–$51 million, excluding Puerto Rico, reflecting robust core growth. Data Analytics, with superior margins, now generates half of FTK's gross profit despite being only 19% of revenue, shifting earnings quality and mix. At ~$24, FTK trades at 18x 2026 EBITDA; upside depends on sustained Data Analytics execution, not on large, uncertain contracts. Read the full article on Seeking Alpha
Narrative Update • Aug 13

FTK: Puerto Rico Power Contract Will Support Higher Future P/E Multiple

Analysts now place Flotek Industries' price target at $42.00, up from $39.22. This reflects updated assumptions for higher revenue growth, a slightly adjusted discount rate, a modestly lower profit margin, and a reduced future P/E multiple.
Analysis Article • Aug 07

Analysts Just Made A Substantial Upgrade To Their Flotek Industries, Inc. (NYSE:FTK) Forecasts

Celebrations may be in order for Flotek Industries, Inc. ( NYSE:FTK ) shareholders, with the analysts delivering a...
Narrative Update • Jul 30

FTK: 2026 Revenue Outlook Will Support Higher Future P/E Multiple

Analysts have lifted their price target for Flotek Industries from about $27.50 to roughly $39.22, citing updated assumptions around fair value, discount rates, revenue growth, profit margins, and the stock's future P/E multiple. What's in the News for Flotek Industries Flotek Industries issued earnings guidance for 2026, providing investors with an updated view of its expected financial outlook.
Narrative Update • Jul 16

FTK: 2026 Revenue Guidance And Higher Future P/E Will Guide Upside Potential

Analysts have adjusted their price target for Flotek Industries to about $26.92 per share from roughly $22.60, citing updated fair value estimates and a higher assumed future P/E multiple as key drivers behind the change. What's in the News Flotek Industries issued earnings guidance for 2026, with expected total revenue in a range of $270 million to $290 million.
Analysis Article • Jul 10

Is Now The Time To Put Flotek Industries (NYSE:FTK) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update • Jul 02

FTK: 2026 Revenue Guidance Will Support Higher Future Earnings Multiple

Analysts have raised their price target on Flotek Industries to $27.50 from $25.00, citing updated assumptions around revenue growth, profit margins, and a slightly lower discount rate that together support a higher fair value estimate. What’s in the News for Flotek Industries Flotek Industries issued earnings guidance for 2026, providing investors with updated expectations for the company’s financial outlook.
Narrative Update • Jun 18

FTK: Disaster Recovery Contract And 2026 Outlook Will Shape Future Upside Potential

Analysts have lifted their fair value estimate for Flotek Industries to $22.60 from $21.25, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that refine their overall price target rationale. What’s in the News for Flotek Industries Flotek Industries issued earnings guidance for 2026, outlining expectations for total revenue in the range of $270 million to $290 million.
Narrative Update • Jun 04

FTK: 2026 Revenue Guidance And Revised Assumptions Shape Balanced Outlook

Analysts have raised their price target on Flotek Industries from $22.00 to $25.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, which collectively point to a higher estimated worth for the stock. What's in the News Flotek Industries issued earnings guidance for 2026, with expected total revenue in a range of US$270 million to US$290 million.
Narrative Update • May 07

FTK: Utilities Contract Could Drive Future Repricing Opportunity

Analysts have raised their price target for Flotek Industries from $11.00 to $19.00, citing updated assumptions that combine slightly higher expected revenue growth with a higher discount rate, a lower profit margin outlook, and a much richer forward P/E multiple. What's in the News Flotek announced its first contract in the utilities infrastructure sector, partnering with distributed power service providers to install up to 50 MW of power generation equipment that supports federal disaster recovery initiatives (Key Developments).
Narrative Update • Apr 21

FTK: Utilities Contract Will Drive Disaster Recovery Power Deployment Opportunity

Analysts have kept their Flotek Industries fair value estimate steady at $22.00, citing small adjustments in discount rate, revenue growth, profit margin assumptions, and a higher future P/E outlook as key drivers behind the updated price target framework. What's in the News Flotek Industries announced its first contract in the utilities infrastructure sector, working with distributed power service providers to coordinate installation of up to 50 MW of power generation equipment to support federal disaster recovery initiatives (Key Developments).
Narrative Update • Apr 07

FTK: Disaster Recovery Power Contract Will Support Long Term Upside Potential

Analysts have made only a minimal adjustment to Flotek Industries' fair value, keeping it at $21.25 while fine tuning assumptions such as the discount rate, long term revenue growth, profit margin and future P/E. Taken together, these inputs support a largely unchanged price target framework.
Narrative Update • Mar 24

FTK: Disaster Recovery Power Contract Will Support Confidence In Future Upside

Analysts have increased their price target for Flotek Industries from $19.00 to $21.25, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. What's in the News Flotek announced its first contract within the utilities infrastructure sector, expanding beyond its traditional customer base into disaster recovery related power projects (Key Developments).
Narrative Update • Mar 10

FTK: Utilities Contract Will Support Disaster Recovery Power Infrastructure Expansion

Analysts have revised their price target for Flotek Industries from $19 to $22, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E as the key factors shaping the new assessment. What's in the News Flotek Industries announced its first contract in the utilities infrastructure sector, partnering with distributed power service providers to coordinate up to 50 MW of power generation equipment for federal disaster recovery initiatives (Key Developments).
Narrative Update • Feb 24

FTK: Steady Discount Assumptions Will Support Confidence In Future Upside

Analysts have nudged their price target on Flotek Industries to $19.00, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E that are broadly consistent with prior forecasts. Valuation Changes Fair Value: Model fair value is held at $19.00, with no change versus the prior estimate.
Narrative Update • Feb 10

FTK: Steady Fair Value Will Guide Measured Expectations For Future Upside

Analysts have kept their fair value estimate for Flotek Industries steady at $19.00 per share, citing only minimal tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that did not materially affect their overall price target view. Valuation Changes Fair Value: Held steady at $19.00 per share, with no change in the overall estimate.
Narrative Update • Jan 26

FTK: Gas Measurement Standard Adoption Will Support Guidance Upgrade And Measured Future Upside

Analysts have maintained their price target for Flotek Industries at $19.00, citing only minor adjustments to the discount rate, profit margin, and future P/E assumptions rather than any major change in the outlook. What's in the News Flotek Industries revised its 2025 earnings guidance, now expecting total revenues between US$220 million and US$225 million, compared with the prior range of US$200 million to US$220 million (company guidance).
Analysis Article • Jan 23

Is Now The Time To Look At Buying Flotek Industries, Inc. (NYSE:FTK)?

Flotek Industries, Inc. ( NYSE:FTK ), might not be a large cap stock, but it led the NYSE gainers with a relatively...
Narrative Update • Jan 11

FTK: Gas Measurement Standard Adoption Will Support Revenue Outlook And Measured Future Upside

Analysts have kept their fair value estimate for Flotek Industries steady at US$19.00, explaining that only minor tweaks to inputs like the discount rate, profit margin and future P/E assumptions did not justify a change in the overall price target. What's in the News Flotek Industries raised its 2025 revenue guidance to a range of US$220 million to US$225 million, compared with its previous range of US$200 million to US$220 million (Key Developments).
Analysis Article • Jan 06

Is Flotek Industries (NYSE:FTK) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update • Dec 25

FTK: Gas Measurement Standard Adoption Will Guide Demand And Support Measured Future Upside

Narrative Update on Flotek Industries Analysts have modestly increased their price target on Flotek Industries to 19.00 dollars, citing slightly higher discount rate and future price-to-earnings assumptions while keeping fair value essentially unchanged. What's in the News Raised 2025 revenue guidance to a range of 220 million to 225 million dollars, up from the prior 200 million to 220 million dollar outlook.
Narrative Update • Dec 10

FTK: New Gas Measurement Standard Adoption Will Drive Future Share Upside

Analysts have nudged their price target on Flotek Industries slightly higher to 19.00 dollars, reflecting modestly lower perceived risk while maintaining essentially unchanged expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Raised 2025 revenue guidance to a range of 220 million to 225 million dollars, up from the prior 200 million to 220 million dollar outlook, signaling stronger expected demand (Key Developments) Announced that its XSPCT optical spectrometer is the first optical instrument to meet stringent GPA 2172 and GPA 2261 standards for custody transfer gas measurement, positioning the product as a potential industry benchmark (Key Developments) Field trials across major U.S. basins showed XSPCT delivering highly accurate, real-time gas quality and volume data every 5 to 20 seconds with negligible bias versus traditional gas chromatography, highlighting cost and efficiency advantages (Key Developments) Reported that both an E&P operator and a midstream company have tested and approved XSPCT for digital valuation of custody transfer, supporting broader customer adoption prospects (Key Developments) Added as a constituent to the S&P Global BMI Index, which can enhance visibility among institutional investors and index-tracking funds (Key Developments) Valuation Changes Fair Value: Unchanged at 19.00 dollars per share, indicating a steady central estimate of intrinsic value.
Analysis Article • Dec 05

Do Flotek Industries' (NYSE:FTK) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update • Nov 26

FTK: New Revenue Guidance And Industry Recognition Will Drive Shares Higher

Analysts have modestly raised their price target for Flotek Industries from $19.00 to $19.00, citing minor improvements in profit margin forecasts and updated financial assumptions. What's in the News Raised 2025 earnings guidance and now expects total revenues between $220 million and $225 million, compared to prior guidance of $200 million to $220 million (Key Developments) Achieved a historic milestone as the XSPCT optical spectrometer became the first to meet stringent reproducibility and repeatability standards of GPA 2172 (API 14.5) for natural gas custody transfer (Key Developments) The XSPCT spectrometer set a new benchmark with real-time analysis every 15 seconds, field-proven reliability, and validation by independent operators and midstream companies (Key Developments) Flotek Industries was added to the S&P Global BMI Index (Key Developments) Valuation Changes Consensus Analyst Price Target remained unchanged at $19.00 per share.
Analysis Article • Nov 15

There May Be Underlying Issues With The Quality Of Flotek Industries' (NYSE:FTK) Earnings

Investors were disappointed with Flotek Industries, Inc.'s ( NYSE:FTK ) earnings, despite the strong profit numbers. We...
Narrative Update • Nov 12

FTK: Revenue Milestone Achievement Will Boost Shares Amid Rising Industry Validation

Analysts have raised their price target for Flotek Industries from $17.50 to $19.00. This reflects optimism over stronger projected revenue growth, even though profit margin expectations have moderated.
Analysis Article • Oct 13

Flotek Industries (NYSE:FTK) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article • Oct 01

Why Flotek Industries, Inc. (NYSE:FTK) Could Be Worth Watching

While Flotek Industries, Inc. ( NYSE:FTK ) might not have the largest market cap around , it received a lot of...
Analysis Article • Sep 19

Investors Appear Satisfied With Flotek Industries, Inc.'s (NYSE:FTK) Prospects

With a price-to-earnings (or "P/E") ratio of 27.3x Flotek Industries, Inc. ( NYSE:FTK ) may be sending bearish signals...
Analysis Article • Jul 12

Flotek Industries (NYSE:FTK) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jun 10

Investors Appear Satisfied With Flotek Industries, Inc.'s (NYSE:FTK) Prospects As Shares Rocket 32%

Despite an already strong run, Flotek Industries, Inc. ( NYSE:FTK ) shares have been powering on, with a gain of 32% in...
Analysis Article • Apr 12

It's Down 27% But Flotek Industries, Inc. (NYSE:FTK) Could Be Riskier Than It Looks

Flotek Industries, Inc. ( NYSE:FTK ) shareholders that were waiting for something to happen have been dealt a blow with...
Analysis Article • Apr 04

Should You Think About Buying Flotek Industries, Inc. (NYSE:FTK) Now?

While Flotek Industries, Inc. ( NYSE:FTK ) might not have the largest market cap around , it saw significant share...
Analysis Article • Feb 03

Returns On Capital Are Showing Encouraging Signs At Flotek Industries (NYSE:FTK)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha • Jan 09

Flotek Industries: Focused On Execution And Profitability In 2025 - Hold

Summary Flotek Industries is rated as a hold due to strategic executions boosting profitability and momentum, despite a high accumulated deficit. FTK's revenue grew 5.23% YoY in Q3 2024, driven by a 12.6% increase in related party revenues, offsetting a 7% decline in external client revenues. The ProFrac Services deal and EPA approval of FTK’s JP3 flare monitoring system are expected to drive growth into 2025. Despite positive EBITDA in FY 2023, FTK’s financial health is concerning with a $320.7 million accumulated deficit and a 15.25% cash position decline in 2024. Read the full article on Seeking Alpha
Analysis Article • Dec 26

Flotek Industries (NYSE:FTK) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Earnings and Revenue Growth Forecasts

NYSE:FTK - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20284043220501
12/31/20273934467735
12/31/202635833-534
6/30/202629338-4-2N/A
3/31/202625230-20N/A
12/31/20252373157N/A
9/30/202522132-5-2N/A
6/30/20252141425N/A
3/31/20252021447N/A
12/31/20241871013N/A
9/30/2024178834N/A
6/30/20241767-9-8N/A
3/31/20241805-10-9N/A
12/31/202318825-12-11N/A
9/30/20231944-8-7N/A
6/30/2023192-16-24-23N/A
3/31/2023171-10-36-35N/A
12/31/2022136-42-45-45N/A
9/30/2022100-39-55-55N/A
6/30/202265-20-39-39N/A
3/31/202244-33-29-29N/A
12/31/202143-31-26-26N/A
9/30/202143-32-28-27N/A
6/30/202146-78-31-30N/A
3/31/202145-81-31-29N/A
12/31/202053-136-49-48N/A
9/30/202061-156-46-44N/A
6/30/202070-122-29-27N/A
3/31/202096-125N/A-3N/A
12/31/2019119-76N/A-5N/A
9/30/2019143-29N/A5N/A
6/30/2019175-23N/A-7N/A
3/31/2019180-79N/A-33N/A
12/31/2018178-73N/A-20N/A
9/30/2018133-95N/A-8N/A
6/30/2018159-94N/A5N/A
3/31/2018204-26N/A8N/A
12/31/2017243-18N/A16N/A
9/30/2017315-1N/A3N/A
6/30/20173000N/A-3N/A
3/31/20172791N/A6N/A
12/31/2016188-4N/A2N/A
9/30/201620517N/A8N/A
6/30/201622821N/A12N/A
3/31/20162519N/A14N/A
12/31/20152707N/A27N/A
9/30/20153824N/A26N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FTK's forecast earnings growth (5.6% per year) is above the savings rate (3.7%).

Earnings vs Market: FTK's earnings (5.6% per year) are forecast to grow slower than the US market (17.4% per year).

High Growth Earnings: FTK's earnings are forecast to grow, but not significantly.

Revenue vs Market: FTK's revenue (9.8% per year) is forecast to grow slower than the US market (13.6% per year).

High Growth Revenue: FTK's revenue (9.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if FTK's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 04:14
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 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

Flotek Industries, Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Rudolf HokansonBarrington Research Associates, Inc.
Donald CristJohnson Rice & Company, L.L.C.