Q3 Earnings Forecast for FTK Issued By Northland Securities

Flotek Industries, Inc. (NYSE:FTK) – Investment analysts at Northland Securities decreased their Q3 2026 earnings per share estimates for shares of Flotek Industries in a research report issued on Thursday, March 12th. Northland Securities analyst J. Grampp now forecasts that the oil and gas company will post earnings per share of $0.19 for the quarter, down from their previous forecast of $0.21. Northland Securities currently has a “Outperform” rating and a $20.00 target price on the stock. The consensus estimate for Flotek Industries’ current full-year earnings is $0.29 per share. Northland Securities also issued estimates for Flotek Industries’ Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $0.67 EPS and FY2027 earnings at $1.40 EPS.

Flotek Industries (NYSE:FTK) last posted its quarterly earnings results on Wednesday, March 11th. The oil and gas company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.07). The firm had revenue of $67.52 million for the quarter, compared to analyst estimates of $53.37 million. Flotek Industries had a return on equity of 21.32% and a net margin of 12.87%.

FTK has been the topic of a number of other reports. Zacks Research cut Flotek Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Lake Street Capital assumed coverage on shares of Flotek Industries in a research note on Thursday, January 29th. They set a “buy” rating and a $25.00 price target for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Flotek Industries in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Flotek Industries from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Flotek Industries presently has an average rating of “Moderate Buy” and an average target price of $21.33.

Flotek Industries Trading Down 3.8%

Shares of Flotek Industries stock opened at $17.66 on Monday. The stock has a market capitalization of $530.74 million, a PE ratio of 21.27 and a beta of 1.45. Flotek Industries has a 52 week low of $6.05 and a 52 week high of $20.41. The stock has a 50 day moving average price of $17.22 and a two-hundred day moving average price of $15.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.63 and a current ratio of 1.80.

Hedge Funds Weigh In On Flotek Industries

Large investors have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey purchased a new position in Flotek Industries during the 2nd quarter worth $50,000. Quarry LP raised its holdings in shares of Flotek Industries by 97.2% in the third quarter. Quarry LP now owns 3,855 shares of the oil and gas company’s stock valued at $56,000 after purchasing an additional 1,900 shares during the last quarter. New York State Common Retirement Fund bought a new position in shares of Flotek Industries during the second quarter valued at about $102,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Flotek Industries during the second quarter worth about $115,000. Finally, Deutsche Bank AG purchased a new position in Flotek Industries during the fourth quarter worth about $150,000. 10.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Flotek Industries

In related news, CFO James Bond Clement sold 6,299 shares of Flotek Industries stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.02, for a total transaction of $100,909.98. Following the transaction, the chief financial officer owned 122,837 shares of the company’s stock, valued at $1,967,848.74. The trade was a 4.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.02% of the stock is owned by corporate insiders.

Flotek Industries News Summary

Here are the key news stories impacting Flotek Industries this week:

• Positive Sentiment: Company reported record Q4 revenue and emphasized strategic, data‑driven initiatives that management says should expand higher‑margin services and long‑term growth potential. Flotek Industries Inc (FTK) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic …
• Positive Sentiment: Outside coverage (TipRanks) frames Flotek’s 2026 strategy as a “data‑driven breakout,” highlighting the potential for tech/services to drive higher margins and multiple expansion if execution continues. Flotek Industries Signals Data-Driven Breakout in 2026
• Neutral Sentiment: Full earnings call transcript and presentation are available for detail on margin drivers and any guidance; these documents will be key for investors assessing whether revenue growth converts to sustainable EPS gains. Flotek (FTK) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Coverage noted the stock’s movement was largely in line with the broader NYSE composite after results, suggesting market/sector flows also contributed to intraday direction. Flotek Industries (NYSE:FTK) Moves With NYSE Composite After Results
• Negative Sentiment: Earnings per share materially missed expectations — reported $0.08 vs. consensus ~$0.15 — raising near‑term profitability concerns despite stronger revenue. That EPS miss is a direct negative catalyst. Flotek Industries (FTK) Lags Q4 Earnings Estimates
• Negative Sentiment: Northland Securities trimmed its Q1 and Q2 2026 EPS forecasts (Q1: $0.11 from $0.15; Q2: $0.15 from $0.18) after the release, signalling analysts expect lower near‑term profitability; although Northland kept an Outperform rating and $20 target, the cuts add selling pressure. MarketBeat – FTK analyst update

About Flotek Industries

Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.