Sidoti Csr Has Bullish Forecast for FET Q2 Earnings

Forum Energy Technologies, Inc. (NYSE:FET) – Equities research analysts at Sidoti Csr boosted their Q2 2026 earnings per share (EPS) estimates for shares of Forum Energy Technologies in a research note issued to investors on Wednesday, February 4th. Sidoti Csr analyst S. Ferazani now anticipates that the oil and gas company will post earnings of $0.44 per share for the quarter, up from their previous forecast of $0.43. Sidoti Csr also issued estimates for Forum Energy Technologies’ Q3 2026 earnings at $0.89 EPS, FY2026 earnings at $2.58 EPS and FY2027 earnings at $4.35 EPS.

Several other equities analysts have also recently commented on the stock. Zacks Research raised shares of Forum Energy Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Forum Energy Technologies in a report on Thursday, January 22nd. Finally, Wall Street Zen cut Forum Energy Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Forum Energy Technologies Price Performance

Shares of FET opened at $45.45 on Thursday. Forum Energy Technologies has a one year low of $12.78 and a one year high of $48.67. The stock’s fifty day moving average is $38.80 and its 200-day moving average is $30.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.01 and a current ratio of 2.19. The firm has a market capitalization of $517.20 million, a price-to-earnings ratio of -4.81, a price-to-earnings-growth ratio of 3.57 and a beta of 0.64.

Institutional Trading of Forum Energy Technologies

A number of large investors have recently added to or reduced their stakes in FET. New York State Teachers Retirement System acquired a new stake in shares of Forum Energy Technologies during the 3rd quarter valued at $27,000. Tower Research Capital LLC TRC raised its position in shares of Forum Energy Technologies by 558.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,088 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 1,771 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Forum Energy Technologies by 166.7% during the third quarter. Federated Hermes Inc. now owns 1,616 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 1,010 shares during the last quarter. Osaic Holdings Inc. acquired a new position in shares of Forum Energy Technologies in the 2nd quarter valued at $78,000. Finally, CWM LLC boosted its position in shares of Forum Energy Technologies by 341.4% in the 4th quarter. CWM LLC now owns 2,379 shares of the oil and gas company’s stock valued at $88,000 after purchasing an additional 1,840 shares during the period. 65.60% of the stock is currently owned by institutional investors.

Forum Energy Technologies Company Profile

Forum Energy Technologies Inc is a global provider of advanced products and services to the oil and gas industry. The company’s offerings span the full lifecycle of exploration and production, including drilling, well construction, completion and production, and subsea operations. Key product lines include premium drill bits, downhole drilling motors, directional drilling tools, subsea umbilicals, and pressure control equipment, complemented by field service support and engineered solutions for complex projects.

Established through the merger of Forum Oilfield Technologies, Triton Group, Global Energy Group, and Allen International in 2010, Forum Energy Technologies has built a diversified technology portfolio designed to meet evolving industry requirements.