Forum Energy Technologies (FET) Expected to Announce Earnings on Thursday

Forum Energy Technologies (NYSE:FET) will likely be releasing its Q2 2025 earnings data after the market closes on Thursday, August 7th. Analysts expect Forum Energy Technologies to post earnings of $0.18 per share and revenue of $190.50 million for the quarter.

Forum Energy Technologies Stock Performance

FET opened at $18.97 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53. The stock has a market cap of $234.66 million, a PE ratio of -1.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.88. Forum Energy Technologies has a twelve month low of $12.78 and a twelve month high of $21.57. The business’s 50 day moving average is $18.87 and its 200-day moving average is $17.70.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Forum Energy Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 6th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Forum Energy Technologies stock. Jane Street Group LLC lifted its stake in Forum Energy Technologies, Inc. (NYSE:FET) by 53.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,970 shares of the oil and gas company’s stock after purchasing an additional 6,971 shares during the period. Jane Street Group LLC owned 0.16% of Forum Energy Technologies worth $402,000 at the end of the most recent quarter. 65.60% of the stock is currently owned by institutional investors.

About Forum Energy Technologies

Forum Energy Technologies, Inc designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications.