Forum Energy Technologies stock
FETNYSEForum Energy Technologies, Inc., EnergyISIN US34984V2097
58Score 58 out of 100, Neutral
Price and trend
68 / 100
Price history
+164% in one yearThe chart shows daily closes over 15 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 19% above it.
Since July 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 36).
The price is 15% below its 52-week high. Largest decline in 15 years: 100% (July 2014 to April 2020).
Chart figures for advanced users
- SMA 50$81.54
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$64.34
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)36
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$29.05
- The lowest closing price of the last twelve months.
- Resistance$90.91
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Forum Energy Technologies, Inc. belongs to the Oil & Gas Equipment & Services industry (United States) and, with a market value of $868.4M, is number 40 of 52 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $791.47M (down 3.1% year on year) and a loss of $9.66M.
- MEQIRI Score 58 out of 100 (Neutral): rank 147 of 266 in Energy, median 60.
Show more
- The P/E is 30.7 (Oil & Gas Equipment & Services median 25.3, own median of recent years 81.9).
- Our model puts fair value at $214.70, with the price 65% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 65% below the fair value of $214.70.Valuation 76
- Earnings turn into cashFree cash flow 205% of earnings over the last 12 months.Fundamentals 50
Weaknesses
- DilutionShare count up 113% since 2020.Capital allocation 31
- Interest barely coveredOperating profit covers interest only 1.9 times.Stability 53
- Volatile share priceVolatility 54% a year over the last 12 months.Stability 53
Its standout strengths are momentum and valuation, while profitability and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 57 to 58.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price up very strongly over the past year
- high price swings
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $153.36 and expensive above $357.83 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $366.17 (cash-flow model) and $63.23 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $181.58, at 7.8% it would be $264.59.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (25.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 10.6% on the twelve months before. Revenue has stayed largely stable since 2009.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 28%, operating 2%, net −1%.
Debt & balance sheet
latest quarterDebt is moderate, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 18 Feb 2027in 98 days
- Last reported
- 29 Oct 2026EPS reported $1.51 (expected $1.22)above expectations
Analyst estimates
- Earnings per share
- $4.30+7.2%
- Revenue
- $895.13M+0.6%
- Earnings per share
- $5.08+2.3%
- Revenue
- $974.6M+2.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +36.8%2026 guidance raised meaningfully: revenue of $870 million to $910 million, EBITDA of $115 million to $125 million and net income of $42 million to $52 million.
“We now expect full-year revenue between $870 million and $910 million and EBITDA between $115 million and $125 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 31 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 3 insiders sold, $3.17M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Ivascu John CSale
27 Oct 2026, EVP, General Counsel & CCO
- Shares
- 4,300
- Price
- $90.14
- Value
- $387,618
- Ivascu John CSale
26 Oct 2026, EVP, General Counsel & CCO
- Shares
- 700
- Price
- $90.08
- Value
- $63,056
- Williams David Lyle Jr.Sale
20 Aug 2026, EVP, CFO
- Shares
- 20,068
- Price
- $78.13
- Value
- $1.57M
Show 5 more
- Danford Michael DewayneSale
14 Aug 2026, SVP & CHO
- Shares
- 1,200
- Price
- $85.82
- Value
- $102,984
- Ivascu John CSale
11 Aug 2026, EVP, General Counsel & CCO
- Shares
- 5,000
- Price
- $81.22
- Value
- $406,107
- Danford Michael DewayneSale
10 Aug 2026, SVP & CHO
- Shares
- 1,500
- Price
- $78.91
- Value
- $118,365
- Ivascu John CSale
3 Aug 2026, EVP, General Counsel & CCO
- Shares
- 5,000
- Price
- $70.63
- Value
- $353,172
- Danford Michael DewayneSale
13 May 2026, SVP & CHO
- Shares
- 3,000
- Price
- $55.49
- Value
- $166,470
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Forum Energy Technologies
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 58
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Oil & Gas Equipment & Services
The next larger and next smaller companies by market value
- Hornbeck Offshore ServicesHOS $1.19B33
- Flotek IndustriesFTK $956.17M59
- TETRA TechnologiesTTI $930.66M39
- ProPetro HoldingPUMP $880.92M29
- ExmarEXM.BR $840.95M53
- ViridienVIRI.PA $740.25M42
- Atlas Energy SolutionsAESI $698.94M28
- ProFrac HoldingACDC $624.68M25
ETFs that hold Forum Energy Technologies
Held by 5 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Avantis Global Small Cap Value UCITS ETFAVWS | 0.08% | 0.39% | €1.47B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.04% | 0.30% | €185.82M |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.03% | 0.30% | €4.22B |
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| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.03% | 0.30% | €2.17B |
| Invesco Global Buyback Achievers UCITS ETFBBCK | 0.01% | 0.39% | €188.08M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 24 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.