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Forum Energy (FET)
NYSE:FET
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Forum Energy Tech (FET) Price & Analysis

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FET Stock Chart & Stats

$30.48
-$0.44(-2.70%)
At close: 4:00 PM EST
$30.48
-$0.44(-2.70%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationSustained positive operating and free cash flow provides durable funding for working capital, capex, deleveraging and buybacks. Reliable cash conversion supports resilience through cycles, funds aftermarket/service investments that drive repeatable revenue and underpins capital-allocation optionality.
Improved Leverage & LiquidityMeaningfully lower leverage and an extended credit facility increase financial flexibility, reduce refinancing risk, and free capacity for strategic investment or shareholder returns. A cleaner balance sheet lets management allocate capital to aftermarket growth or weather lower activity periods without urgent funding pressure.
Backlog And Product CommercializationA record backlog plus new commercialized products signal durable revenue visibility and competitive differentiation. Broad product adoption across regions strengthens installed base, which fuels recurring aftermarket sales and supports higher utilization and steady long-term revenue growth.
Bears Say
Below-the-line ProfitabilityPersistent net losses, despite operational gains, constrain return on equity and limit retained-earnings growth. Bottom-line weakness can restrict long-term dividend or buyback capacity and signals remaining non-operational or financing costs that must be resolved for durable shareholder returns.
Product-mix Margin PressureA structural shift toward lower-margin subsea or pass-through product mix can compress long-term EBITDA and FCF margins. Even with cost savings, sustained mix headwinds reduce capital available for reinvestment and slow margin expansion, limiting durable profitability improvements.
Cyclicality And Seasonality Of DemandHeavy exposure to customer capex cycles and back-half weighted cash flows makes revenue and FCF timing volatile. Structural cyclicality raises planning uncertainty, can prolong periods of underutilization, and requires larger liquidity buffers or conservative capital allocation to maintain stability across cycles.

Forum Energy Tech News

FET FAQ

What was Forum Energy’s price range in the past 12 months?
Forum Energy lowest stock price was $18.12 and its highest was $65.43 in the past 12 months.
    What is Forum Energy’s market cap?
    Forum Energy’s market cap is $592.80M.
      When is Forum Energy’s upcoming earnings report date?
      Forum Energy’s upcoming earnings report date is Jul 30, 2026 which is in 9 days.
        How were Forum Energy’s earnings last quarter?
        Forum Energy released its earnings results on Apr 30, 2026. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.03.
          Is Forum Energy overvalued?
          According to Wall Street analysts Forum Energy’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Forum Energy pay dividends?
            Forum Energy does not currently pay dividends.
            What is Forum Energy’s EPS estimate?
            Forum Energy’s EPS estimate is 0.57.
              How many shares outstanding does Forum Energy have?
              Forum Energy has 11,304,286 shares outstanding.
                What happened to Forum Energy’s price movement after its last earnings report?
                Forum Energy reported an EPS of $0.47 in its last earnings report, beating expectations of $0.44. Following the earnings report the stock price went down -6.569%.
                  Which hedge fund is a major shareholder of Forum Energy?
                  Currently, no hedge funds are holding shares in FET
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Forum Energy

                    Forum Energy Technologies, Inc. is a global provider that develops, produces, and distributes essential equipment and services for the oil and natural gas, industrial, and renewable energy industries, operating in both the United States and internationally. The company organizes its operations into three main segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and provides products and related services for drilling, well construction, artificial lift, and subsea energy infrastructure markets. Its applications span oil and natural gas, renewable energy, defense, and communications. Offerings in this division include capital drilling equipment and various consumables for the drilling process; well casing and cementing tools, alongside protective gear for artificial lift systems and cables; and advanced subsea technologies such as remotely operated vehicles (ROVs), trenchers, submarine rescue vehicles, specialized components, and complementary technical services. The Completions segment supplies a range of equipment for well completion and intervention services. This encompasses hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron, catering to pressure pumping, hydraulic fracturing, and flowback operations. Additionally, it offers wireline cable, pressure control apparatus, coiled tubing strings, and coiled line pipe. The Production segment is dedicated to developing, manufacturing, and supplying products, equipment, and associated services for production and infrastructure needs. Its portfolio includes custom engineered process systems, various types of production equipment, specialized separation units, and a broad array of industrial valves. These serve a diverse customer base, including oil and natural gas companies, power generation facilities, renewable energy projects, and other general industrial applications. Forum Energy Technologies, Inc. was established in 2005, initially named Forum Oilfield Technologies, Inc., before rebranding to its current name in August 2010. The company's headquarters are located in Houston, Texas.

                    Forum Energy Tech (FET) Earnings & Revenues

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                    Ownership Overview

                    7.45%24.35%0.10%46.46%
                    0.10% Other Institutional Investors
                    46.46% Public Companies and
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