Forum Energy Technologies, Inc. (FET)Energy | Oil & Gas Equipment & Services | Houston, United States | NYSE
82.21 USD
-2.83
(-3.328%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 82.21 |
Hot Take ↕ | Oct. 10, 2026, 7:29 a.m. EDT
The immediate catalyst driving Forum Energy Technologies is the sharp reversal in sentiment following a disappointing earnings miss, where revenue beat expectations but EPS fell short. Despite the negative headline, the stock has rallied significantly, trading well above its 200-day average, indicating that the market is pricing in a recovery in the underlying oilfield services cycle. However, the long-term outlook remains precarious; the company is still burning cash with negative earnings per share and a massive debt load relative to equity, despite showing recent revenue growth. The balance sheet is fragile, and the lack of a dividend payout highlights the capital constraints. While the technical setup suggests a potential bounce as traders digest the bad news, the fundamental reality of a leveraged energy equipment maker with no profit yet makes this a risky trade rather than a core investment. The options market agrees with this cautious optimism, betting on a move higher but capping their exposure with significant resistance at the 90 level. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.261925 |
| AutoTheta | 0.283560 |
| MSTL | 0.319572 |
| AutoETS | 0.325472 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.95 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 5.77 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 78.511 |
| Revenue per Share | 73.452 |
| Market Cap | 924,557,888 |
| Forward P/E | 16.57 |
| Beta | 0.68 |
| Profit Margins | -0.19% |
| Website | https://f-e-t.com |
As of Oct. 10, 2026, 7:29 a.m. EDT: Speculators are positioning for a moderate upside move with heavy open interest concentrated at the 90 strike for both calls and puts, creating a distinct barrier around current prices. Call volume is slightly elevated relative to open interest at near-the-money strikes, while put activity remains sparse and scattered at lower strikes, suggesting limited hedging demand compared to speculative upside bets. Implied volatility is elevated, reflecting uncertainty around the upcoming earnings report.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.0878723 |
| Address1 | 10,344 Sam Houston Park Drive |
| Address2 | Suite 300 |
| All Time High | 740.6 |
| All Time Low | 3.0 |
| Ask | 0.0 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Analyst Rating | 0.0 - Strong Buy |
| Average Daily Volume10 Day | 188,860 |
| Average Daily Volume3 Month | 193,380 |
| Average Volume | 193,380 |
| Average Volume10Days | 188,860 |
| Beta | 0.681 |
| Bid | 0.0 |
| Bid Size | 400 |
| Board Risk | 2 |
| Book Value | 25.73 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 82.21 |
| Current Ratio | 2.192 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 86.3192 |
| Day Low | 81.84 |
| Debt To Equity | 78.511 |
| Display Name | Forum Energy |
| Dividend Date | 1,604,966,400 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,390,400 |
| Earnings Call Timestamp Start | 1,793,390,400 |
| Earnings Growth | 0.721 |
| Earnings Quarterly Growth | 0.611 |
| Earnings Timestamp | 1,793,304,000 |
| Earnings Timestamp End | 1,793,304,000 |
| Earnings Timestamp Start | 1,793,304,000 |
| Ebitda | 65,095,000 |
| Ebitda Margins | 0.07811 |
| Enterprise To Ebitda | 17.18 |
| Enterprise To Revenue | 1.342 |
| Enterprise Value | 1,118,352,896 |
| Eps Current Year | 4.01 |
| Eps Forward | 4.96 |
| Eps Trailing Twelve Months | -0.15 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 81.2436 |
| Fifty Day Average Change | 0.96640015 |
| Fifty Day Average Change Percent | 0.011895093 |
| Fifty Two Week Change Percent | 208.78723 |
| Fifty Two Week High | 89.93 |
| Fifty Two Week High Change | -7.720001 |
| Fifty Two Week High Change Percent | -0.08584456 |
| Fifty Two Week Low | 26.0 |
| Fifty Two Week Low Change | 56.21 |
| Fifty Two Week Low Change Percent | 2.161923 |
| Fifty Two Week Range | 26.0 - 89.93 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,334,237,400,000 |
| Float Shares | 9,919,570 |
| Forward Eps | 4.96 |
| Forward P E | 16.574596 |
| Free Cashflow | 63,764,124 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,700 |
| Fullday Change | -0.6800003 |
| Fullday Change Percent | -0.7932808 |
| Fullday Price | 82.21 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.28039 |
| Gross Profits | 233,662,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.06973 |
| Held Percent Institutions | 0.87146 |
| Implied Shares Outstanding | 11,246,295 |
| Industry | Oil & Gas Equipment & Services |
| Industry Disp | Oil & Gas Equipment & Services |
| Industry Key | oil-gas-equipment-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,604,966,400 |
| Last Split Factor | 1:20 |
| Long Business Summary | Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas. |
| Long Name | Forum Energy Technologies, Inc. |
| Market | us_market |
| Market Cap | 924,557,888 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_26470411 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -1,583,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 948,562,753 |
| Number Of Analyst Opinions | 1 |
| Open | 84.7 |
| Operating Cashflow | 59,359,000 |
| Operating Margins | 0.09324 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.94 |
| Phone | 713 351 7900 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 82.21 |
| Post Market Time | 1,792,008,605 |
| Previous Close | 85.04 |
| Price Eps Current Year | 20.501245 |
| Price Hint | 2 |
| Price To Book | 3.195103 |
| Price To Sales Trailing12 Months | 1.10945 |
| Profit Margins | -0.0019 |
| Quick Ratio | 1.015 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 0.0 |
| Region | US |
| Regular Market Change | -2.83 |
| Regular Market Change Percent | -3.32785 |
| Regular Market Day High | 86.3192 |
| Regular Market Day Low | 81.84 |
| Regular Market Day Range | 81.84 - 86.3192 |
| Regular Market Open | 84.7 |
| Regular Market Previous Close | 85.04 |
| Regular Market Price | 82.21 |
| Regular Market Time | 1,792,008,003 |
| Regular Market Volume | 174,596 |
| Return On Assets | 0.02693 |
| Return On Equity | -0.0050700004 |
| Revenue Growth | 0.132 |
| Revenue Per Share | 73.452 |
| Sand P52 Week Change | 0.1570785 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 11,246,295 |
| Shares Percent Shares Out | 0.053000003 |
| Shares Short | 608,342 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 601,749 |
| Short Name | Forum Energy Technologies, Inc. |
| Short Percent Of Float | 0.0574 |
| Short Ratio | 3.24 |
| Source Interval | 15 |
| State | TX |
| Symbol | FET |
| Target High Price | 91.0 |
| Target Low Price | 91.0 |
| Target Mean Price | 91.0 |
| Target Median Price | 91.0 |
| Total Cash | 33,716,000 |
| Total Cash Per Share | 2.998 |
| Total Debt | 227,511,008 |
| Total Revenue | 833,347,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.15 |
| Trailing Peg Ratio | 1.8825 |
| Triggerable | 1 |
| Two Hundred Day Average | 59.94195 |
| Two Hundred Day Average Change | 22.268047 |
| Two Hundred Day Average Change Percent | 0.37149352 |
| Type Disp | Equity |
| Volume | 174,596 |
| Website | https://f-e-t.com |
| Zip | 77,064 |