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Forum Energy Technologies, Inc. Stock Price

NYSE:FET Community·US$597.3m Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 12 Fair Values set on narratives written by author

FET Share Price Performance

US$57.28
38.13 (199.11%)
US$67.00
Fair Value
US$57.28
38.13 (199.11%)
14.5% undervalued intrinsic discount
US$67.00
Fair Value
Price US$57.28
AnalystConsensusTarget US$67.00

FET Community Narratives

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Fair Value US$67 14.5% undervalued intrinsic discount

Offshore And Subsea Demand Will Support Long Term Energy Equipment Upside

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US$67
14.5% undervalued intrinsic discount
Profit Margin
2.39%
Future PE
35.16x
Price in 2029
US$78.05

Trending Discussion

No trending discussion available.

Updated Narratives

FET logo

FET: Share Repurchases Will Tighten Float And Support Higher Future P/E

Fair Value: US$67 14.5% undervalued intrinsic discount
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Snowflake Analysis

Excellent balance sheet and good value.

1 Risk
3 Rewards

Forum Energy Technologies, Inc. Key Details

US$806.9m

Revenue

US$585.2m

Cost of Revenue

US$221.7m

Gross Profit

US$228.0m

Other Expenses

-US$6.3m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Jul 31, 2026
-0.56
27.47%
-0.78%
53.4%
View Full Analysis

About FET

Founded
2005
Employees
1700
CEO
Neal Lux
WebsiteView website
f-e-t.com

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.