Equities Analysts Set Expectations for FET FY2026 Earnings

Forum Energy Technologies, Inc. (NYSE:FET) – Stock analysts at Sidoti upped their FY2026 earnings per share (EPS) estimates for Forum Energy Technologies in a note issued to investors on Monday, November 2nd. Sidoti analyst S. Ferazani now forecasts that the oil and gas company will post earnings per share of $4.59 for the year, up from their previous forecast of $4.01. The consensus estimate for Forum Energy Technologies’ current full-year earnings is $4.01 per share. Sidoti also issued estimates for Forum Energy Technologies’ Q4 2026 earnings at $1.42 EPS.

Forum Energy Technologies (NYSE:FET) last announced its quarterly earnings results on Thursday, October 29th. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.29. Forum Energy Technologies had a net margin of 3.46% and a return on equity of 14.38%. The company had revenue of $236.81 million during the quarter, compared to the consensus estimate of $233.35 million.

FET has been the subject of a number of other reports. Wall Street Zen raised shares of Forum Energy Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 2nd. Zacks Research cut Forum Energy Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, October 23rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Forum Energy Technologies in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Forum Energy Technologies currently has an average rating of “Reduce”.

Forum Energy Technologies Stock Down 0.6%

FET stock opened at $77.17 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 2.04 and a debt-to-equity ratio of 0.40. Forum Energy Technologies has a fifty-two week low of $27.30 and a fifty-two week high of $91.99. The firm’s 50-day simple moving average is $82.61 and its 200 day simple moving average is $63.14. The stock has a market cap of $885.08 million, a PE ratio of 30.38, a price-to-earnings-growth ratio of 2.42 and a beta of 0.71.

Insider Transactions at Forum Energy Technologies

In other Forum Energy Technologies news, SVP Michael Danford sold 1,500 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $78.91, for a total transaction of $118,365.00. Following the transaction, the senior vice president owned 52,639 shares of the company’s stock, valued at approximately $4,153,743.49. This trade represents a 2.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John Ivascu sold 5,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $81.22, for a total transaction of $406,100.00. Following the sale, the executive vice president owned 80,512 shares in the company, valued at $6,539,184.64. This trade represents a 5.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,500 shares of company stock valued at $975,123 in the last quarter. 7.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Forum Energy Technologies

Institutional investors have recently added to or reduced their stakes in the company. Ethic Inc. bought a new position in Forum Energy Technologies during the 3rd quarter valued at $205,000. Vise Technologies Inc. bought a new stake in shares of Forum Energy Technologies in the 3rd quarter worth $287,000. Inspire Investing LLC bought a new stake in shares of Forum Energy Technologies in the 3rd quarter worth $633,000. Range Financial Group LLC acquired a new stake in shares of Forum Energy Technologies in the third quarter valued at $385,000. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Forum Energy Technologies in the third quarter valued at $28,000. 65.60% of the stock is currently owned by institutional investors and hedge funds.

Forum Energy Technologies News Roundup

Here are the key news stories impacting Forum Energy Technologies this week:

• Positive Sentiment: Sidoti lifted its FY2026 EPS forecast to $4.59 from $4.01 and its Q4 2026 estimate to $1.42 from $1.16. For FY2027, it raised its forecast to $5.72 from $5.49; its FY2028 estimate is $6.83. The earnings-call coverage also highlights a raised full-year outlook. Forum Energy Technologies Inc (FET) Q3 2026 Earnings Call Highlights
• Negative Sentiment: Sidoti trimmed its Q2 2027 EPS estimate to $1.38 from $1.44, a counterpoint to its otherwise higher forecasts for the year.

About Forum Energy Technologies

Forum Energy Technologies, Inc (NYSE:FET) is a global manufacturer of oilfield and industrial equipment serving the exploration, development and production segments of the energy industry. The company designs and supplies products used in drilling, well completion, production and subsea operations.

Forum’s product offerings include drilling and downhole tools, drilling motors, wireline and well-intervention equipment, pressure-control systems, hydraulic-fracturing and stimulation equipment, artificial-lift products, and subsea remotely operated vehicle systems.