NYSE: FET

Forum Energy Technologies (FET) Stock Analysis & Forecast

Oct 12 close

$85.72+1.11 (+1.3%)

Gekko Brief

AI summaryOct 12 close

This week's news centers on Forum Energy Technologies' international expansion and upcoming earnings. FET appointed Amariko as its Dynacon representative in Japan, expanding support for winch and launch-and-recovery systems and subsea products in that market. The company also confirmed it will hold its third quarter 2026 earnings conference call on 30 October 2026, with coverage noting the prior quarter's results, when FET reported EPS of $1.16 against estimates, on revenue of $226.22 million.

FET closed at $85.72, up 1.3%, sitting above both its 50-day average of $80.95 and 200-day average of $59.70, with the shorter average above the longer one. The GekkoIndex reads 53.2, placing the stock in the Neutral zone. Despite the uptrend, price remains 19.4% below the Gekko Fair Value of $106.30.

Earnings are scheduled for 29 October 2026, 16 days out, falling inside a typical 20-trading-day holding window; the prior report produced a 22.6% reaction, and average absolute moves around results have run 10.6%. Seasonality over the next 20 trading days has averaged +5.4% across 5 years, with gains in 3 of them. No insider, Congress or unusual options activity appears in the current window. The consensus target stands at $91, implying 6.2% upside from current levels.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Forum Energy Technologies price vs fair value

▲$106.30$85.72Oct ’25Apr ’26Oct ’26
Close $85.72200-day averageGekko Fair Value $106.30

Forum Energy Technologies quick facts

Market cap
$969.0M
P/E ratio
—
Forward P/E
15.1
EPS, TTM
−$0.16
Revenue, TTM
$833.3M
Profit margin
-0.2%
Dividend yield
—
Beta
0.68
Volume
158,606 avg 176,226
1-year return
+227.2%
Typical daily move
±4%
Typical 20-day move
±8.2%
50-day average
$80.95
200-day average
$59.70
Next earnings
Oct 29
Shares outstanding
11.47M
52-week range
$25.24$89.93

Forum Energy Technologies swing-trade checklist

Forum Energy Technologies scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $85.72 is above the 50-day ($80.95) and 200-day ($59.70) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    53.2, Neutral

    Reading 53.2 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    19.4% below

    Price is 19.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 17 days

    Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +5.4% on average

    From this point in the calendar, the next 20 trading days averaged +5.4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Forum Energy Technologies stock chart and price history

Forum Energy Technologies closed at $85.72 on Oct 12, 2026, +227.2% over the past year, inside a 52-week range of $25.24 to $89.93.

Close50-day average200-day averageVolume
Forum Energy Technologies share price, past year, with 50-day and 200-day moving averages and volume$20$40$60$80NovDecJan 2026FebMarAprMayJunJulAugSepOct85.72

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+3.3%
3 months
+64.1%
6 months
+39.4%
1 year
+227.2%
The full FET chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FET in Gekko

Follow Forum Energy Technologies through every session

Put FET on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Forum Energy Technologies

Forum Energy Technologies builds and sells hardware and support services used in oil and gas work, broader industrial settings, and renewable power projects, selling both domestically and to buyers overseas. It has become known for equipping drilling, well completion, and production operations with specialized machinery and field support.

Its business splits into three parts. One arm, Drilling & Downhole, focuses on gear for drilling, constructing wells, lifting fluids artificially, and subsea infrastructure, with uses reaching into defense and communications alongside energy work. A second arm, Completions, furnishes items such as fracturing pumps, high-pressure hoses, wireline cable, and coiled tubing for finishing and servicing wells. The third, Production, turns out engineered process equipment, separators, and industrial valves for oil and gas producers, power plants, renewable energy sites, and other industrial buyers.

Originally formed in 2005 under the name Forum Oilfield Technologies, Inc., the firm took on its current identity in August 2010. Its home base sits in Houston, Texas, and investors can find its stock listed on the NYSE under the ticker FET.

Listed
NYSE
Sector
Industrial services
Industry
Oilfield services/Equipment
Website
f-e-t.com

Forum Energy Technologies GekkoIndex: the smart money zone

Forum Energy Technologies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.2, in the Neutral zone, up 4.7 points over five sessions.

010053.2Neutral

Up 4.7 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24+3.6%+4.8%+1.0%+19.4%
Accumulation208+1.9%+3.4%+4.2%+15.2%
Neutral (current zone)385+1.2%+2.5%+6.4%+13.3%
Distribution63−0.5%0.0%+4.5%+20.7%
Selling2Too few readings yet

Average FET share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the FET price, zone by zone.Track FET in Gekko

Is Forum Energy Technologies stock overvalued? Gekko Fair Value

Forum Energy Technologies trades 19.4% below Gekko Fair Value of $106.30, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Forum Energy Technologies shares are worth, recalculated every trading day.

$106.30

Gekko Fair Value, Oct 10, 2026

19.4% Undervalued

At the end of Aug 2026 the price was 28.0% below the estimate.

Gekko Fair ValueShare price, month end
$106$85Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FET in Gekko

Forum Energy Technologies insider and Congress trading

No open-market insider purchases were filed for Forum Energy Technologies, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FET in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FET insider filing, plotted on the chart in Gekko.Open FET in Gekko

Congress trades last 90 days

No trades in FET were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FET, plotted on the chart in Gekko.Open FET in Gekko

Buybacks

Forum Energy Technologies has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$3.00M
As a share of market cap
0.31%
Trailing four quarters
$35.88M

From company filings.

Forum Energy Technologies earnings: next date and track record

Forum Energy Technologies reports on Oct 29, 2026 (17 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±10.6%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−0.4%Oct ’24−3.7%Feb ’25+2.7%May ’25+18.4%Aug ’25−16.6%Oct ’25+11.1%Feb ’26−9.0%Apr ’26+22.6%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
FET delivered sequential and year-over-year revenue and profitability growth in Q2 2026, with margin expansion across the board. The company generated free cash flow, strengthened its balance sheet, and returned capital to shareholders. North America saw stronger completions activity benefiting wireline, coil tubing, and Downhole products, while international revenue grew despite Middle East conflict headwinds. Market share gains of 34% revenue-per-rig increase since 2022 highlight successful strategy execution.
Guidance
Management expects industry activity to remain broadly stable with modest improvement in H2 2026, with FET outperforming through market share gains and geographic expansion. Long-term, FET targets doubling revenue by 2030, projecting 50%+ addressable market expansion over five years with significantly greater EBITDA and free cash flow leverage.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$1.16
est $0.57
+103.5%$226.2M
est $212.4M
+6.5%+22.6%
Apr 30, 2026$0.47
est $0.19
+147.4%$208.7M
est $201.3M
+3.7%−9.0%
Feb 19, 2026$0.41
est $0.36
+13.9%$202.2M
est $190.5M
+6.1%+11.1%
Oct 30, 2025$0.27
est $0.19
+42.1%$196.2M
est $190.5M
+3.0%−16.6%
Aug 7, 2025−$0.10
est $0.15
−166.7%$199.8M
est $190.4M
+4.9%+18.4%
May 1, 2025$0.04
est $0.43
−90.7%$193.3M
est $196.5M
−1.6%+2.7%
Feb 20, 2025−$0.48
est $0.06
−900.0%$201.0M
est $207.7M
−3.2%−3.7%
Oct 31, 2024−$0.19
est −$0.15
−26.7%$207.8M
est $201.9M
+3.0%−0.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Forum Energy Technologies stock forecast and analyst price targets

Analysts’ average 12-month price target for Forum Energy Technologies is $91.00, +6.2% from the last close.

$91.00consensus 12-month target, +6.2% from the last close
+6.4%average 20-day move after past Neutral readings
+5.4%average move over the next 20 trading days in the last 5 years
±4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Forum Energy Technologies seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Forum Energy Technologies averaged +5.4% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

0.0%2021+15.0%2022−3.7%2023+5.8%2024+13.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.5%3 of 5
Next 10 trading days+3.4%2 of 5
Next 15 trading days+0.9%3 of 5
Next 20 trading days+5.4%3 of 5
Next 30 trading days+3.2%2 of 5

For scale, FET’s typical 20-trading-day move in either direction is about 8.2%.

Forum Energy Technologies market cap and key statistics

Forum Energy Technologies’s market cap is $969.0M and revenue of $833.3M over the last twelve months.

Valuation

Market cap
$969.0M
Forward P/E
15.1
EPS, TTM
−$0.16
Gekko Fair Value
$106.30

Trading

Volume
158,606
Avg volume, 20 days
176,226
52-week high
$89.93
52-week low
$25.24
Shares outstanding
11.47M

Financials

Revenue, TTM
$833.3M
Profit margin
-0.2%
Return on equity
-0.5%
Quarterly earnings growth, YoY
+72.1%

Risk and income

Beta
0.68
Typical daily move
±4%
Typical 20-day move
±8.2%

Forum Energy Technologies stock news this week

Coverage of Forum Energy Technologies this week reads positive: 6 positive, 1 neutral and 0 negative headlines.

News sentiment positive

Forum Energy Technologies peers

Forum Energy Technologies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
FTITechnipFMC−0.7%Accumulation4.2% above
HALHalliburton−1.0%Accumulation28.1% below
NOVNOV−1.6%Accumulation30.8% below
WFRDWeatherford International−2.2%Accumulation45.3% below
AROCArchrock+0.1%Accumulation3.7% below
KGSKodiak Gas Services−1.4%Accumulation5.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Forum Energy Technologies stock FAQ

What is Forum Energy Technologies’s market cap?

Forum Energy Technologies’s market cap is $969.0M at the Oct 12, 2026 close of $85.72, with 11.47M shares outstanding.

What is the Forum Energy Technologies stock forecast?

The consensus analyst 12-month price target for Forum Energy Technologies is $91.00, +6.2% from the last close. Gekko doesn’t publish price predictions of its own.

Is Forum Energy Technologies stock overvalued or undervalued?

On Gekko’s estimate Forum Energy Technologies is undervalued: the Oct 12, 2026 close of $85.72 is 19.4% below Gekko Fair Value of $106.30. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Forum Energy Technologies report earnings next?

Forum Energy Technologies is expected to report on Oct 29, 2026 (17 days away). Analysts expect earnings of $1.22 per share on revenue of $233.4M. Forum Energy Technologies beat the earnings estimate in 4 of its last 8 reports, moving 10.6% on average across the report.

What is Forum Energy Technologies’s 52-week high and low?

Forum Energy Technologies’s 52-week high is $89.93 and its 52-week low is $25.24; it closed at $85.72 on Oct 12, 2026, +227.2% over the past year.

Is Forum Energy Technologies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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