Update shared on04 Sep 2025
Continued softness in offshore drilling and macroeconomic uncertainty have tempered near-term growth expectations for TechnipFMC, though the analyst consensus price target remains unchanged at $41.14.
Analyst Commentary
- Ongoing softness in offshore drilling activity weighs on near-term growth prospects.
- 2025 is anticipated to be a transition year due to macroeconomic uncertainty and volatility in the oil futures curve.
- Slowing offshore activity is seen as a cyclical pause rather than a structural decline, with industry utilization for premium assets (7G floaters) remaining comparatively strong.
- The expected unwinding of OPEC+ production cuts adds uncertainty to oilfield services demand.
- Bullish analysts see sufficient underlying strength or improvement in outlook to warrant upward price target revisions despite near-term sector headwinds.
What's in the News
- Awarded two major Petrobras contracts for designing and manufacturing flexible risers and flowlines for the Santos and Campos Basins, with manufacturing at its Acu, Brazil facility.
- Completed buyback of 55,071,351 shares (12.72% of outstanding) for $1.2 billion since July 2022, including 8,275,628 shares repurchased for $250 million in the latest tranche.
- Secured a significant integrated EPCI contract from Equinor for the Heidrun extension project in the Norwegian North Sea, enhancing platform infrastructure and lifecycle.
Valuation Changes
Summary of Valuation Changes for TechnipFMC
- The Consensus Analyst Price Target remained effectively unchanged, at $41.14.
- The Net Profit Margin for TechnipFMC remained effectively unchanged, at 10.57%.
- The Consensus Revenue Growth forecasts for TechnipFMC remained effectively unchanged, at 5.8% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.