Research Analysts Issue Forecasts for FET Q1 Earnings

Forum Energy Technologies, Inc. (NYSE:FET) – Sidoti boosted their Q1 2026 earnings per share (EPS) estimates for Forum Energy Technologies in a research report issued to clients and investors on Monday, February 23rd. Sidoti analyst S. Ferazani now expects that the oil and gas company will post earnings per share of $0.42 for the quarter, up from their previous forecast of $0.32. Sidoti also issued estimates for Forum Energy Technologies’ Q2 2026 earnings at $0.50 EPS.

Several other brokerages have also weighed in on FET. Weiss Ratings restated a “sell (d-)” rating on shares of Forum Energy Technologies in a research note on Thursday, January 22nd. Zacks Research upgraded Forum Energy Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Wall Street Zen upgraded Forum Energy Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Forum Energy Technologies Trading Up 5.8%

Shares of Forum Energy Technologies stock opened at $61.99 on Tuesday. The firm has a 50-day simple moving average of $43.46 and a two-hundred day simple moving average of $33.62. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.01 and a current ratio of 2.19. Forum Energy Technologies has a fifty-two week low of $12.78 and a fifty-two week high of $62.73. The company has a market cap of $705.47 million, a P/E ratio of -69.65, a price-to-earnings-growth ratio of 4.45 and a beta of 0.64.

Forum Energy Technologies (NYSE:FET) last announced its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Forum Energy Technologies had a negative net margin of 1.22% and a positive return on equity of 2.35%. The firm had revenue of $202.20 million for the quarter, compared to the consensus estimate of $190.50 million.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its stake in Forum Energy Technologies by 461.5% during the 4th quarter. Invesco Ltd. now owns 100,209 shares of the oil and gas company’s stock worth $3,703,000 after purchasing an additional 82,363 shares during the last quarter. Mackenzie Financial Corp boosted its position in Forum Energy Technologies by 17.3% during the fourth quarter. Mackenzie Financial Corp now owns 57,907 shares of the oil and gas company’s stock worth $2,161,000 after acquiring an additional 8,539 shares during the last quarter. Empowered Funds LLC boosted its position in Forum Energy Technologies by 81.8% during the fourth quarter. Empowered Funds LLC now owns 60,254 shares of the oil and gas company’s stock worth $2,226,000 after acquiring an additional 27,118 shares during the last quarter. Quadrature Capital Ltd grew its stake in Forum Energy Technologies by 18.9% during the 4th quarter. Quadrature Capital Ltd now owns 12,527 shares of the oil and gas company’s stock valued at $463,000 after acquiring an additional 1,989 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in Forum Energy Technologies in the 4th quarter valued at about $3,041,000. Hedge funds and other institutional investors own 65.60% of the company’s stock.

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.