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Forum Energy Technologies Inc (FET)

US · Energy · Oil & Gas Equipment & Services

$69.69+3.09%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$236.8M
Revenue YoY
+20.7%
Net profit
$11.2M
EPS
$1.51
EPS estimate
$1.22
Net margin
4.7%

EPS came in at 1.51 against a street estimate of 1.22 — a beat of 23.8%.

Key statistics

Market cap
$974.5M
Forward P/E
16.2
P/B
3.51
Book value
$26.24
EPS (TTM)
$-0.16
52-week high
$91.99
52-week low
$26.58
50-day MA
$82.44
200-day MA
$62.74
Beta
0.68

Analyst view

with an average price target of $91.00.

From the latest earnings call · 2026-10-30

CONFIDENT FET delivered strong Q3 growth, raised 2026 guidance, reduced leverage and completed an accretive acquisition. Management sees further 2027 growth from activity, international share gains and higher well complexity. Q3 FY26 International growth reflected differentiated product delivery and share gains. Venezuela and Argentina were highlighted as early-stage opportunities. Analysts focused on 2027 activity, acquisition synergies, capital allocation, working capital, backlog conversion and international growth. Management emphasized disciplined execution, strong cash conversion and selective acquisitions. 2026-10-30…

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Shareholding

Insiders
6.93%
Institutions
86.64%

Largest institutional holders

FundStake
BlackRock Inc8.29%
Dimensional Fund Advisors, Inc.5.70%
State Street Corp5.24%
Vanguard Capital Management, LLC4.06%
Acadian Asset Management LLC3.96%
American Century Companies Inc3.88%
Two Sigma Investments LLC3.56%
The Goldman Sachs Group Inc3.22%

Recent filings & reports

DocumentDate
Quarterly report · Q3 2026
HEADLINE NUMBERS • Third-quarter 2026 revenue was $236,813,000, up from $196,231,000 in the third quarter of 2025. • Third-quarter gross profit was
2026-10-30
Results announced · Q4 2026
HEADLINE NUMBERS • Third-quarter 2026 orders were $244 million, with a 103% book-to-bill ratio. • Revenue was $237 million, up 5% sequentially and 2
2026-10-29
Company announcement · Q3 2026
FORUM ENERGY TECHNOLOGIES, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Filing Date: August 28, 2026 • Company: Forum Energy Technologies, Inc. (Ticke
2026-08-31
Quarterly report · Q2 2026
FORUM ENERGY TECHNOLOGIES, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue (6 months): $434.9 million, up 10.7% vs. $393.0 million in prior y
2026-07-31
Results announced · Q3 2026
FORUM ENERGY TECHNOLOGIES - Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Revenue: $226 million in Q2 2026, up 8% sequentially from $209 million in Q1
2026-07-30
Board / officer change · Q2 2026
FORUM ENERGY TECHNOLOGIES, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Annual shareholder meeting held May 8, 2026 • Stock incentive plan increased b
2026-05-12
Quarterly report · Q1 2026
FORUM ENERGY TECHNOLOGIES, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue: $208.7 million (Q1 2026) vs. $193.3 million (Q1 2025) – up 8.0% •
2026-05-01
Results announced · Q2 2026
FORUM ENERGY TECHNOLOGIES – Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Revenue: $209 million (8% increase year-over-year vs Q1 2025) • Net income:
2026-05-01

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Data updated 2026-11-07.