TechnipFMC (FTI) Is Up 9.9% After Expanding Buyback and Raising Guidance—Has the Bull Case Changed?

• TechnipFMC recently reported third-quarter 2025 results, surpassing revenue expectations with US$2.65 billion, raising its full-year guidance, expanding its share buyback authorization by US$2 billion, and affirming a quarterly dividend of US$0.05 per share.
• A key takeaway is the sizeable increase in the ongoing share repurchase program and upward revision of subsea revenue guidance, which indicate management’s robust outlook for operational momentum and future shareholder returns.
• We’ll review how the expanded buyback authorization and improved revenue guidance could shift TechnipFMC’s investment narrative and future profitability outlook.

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TechnipFMC Investment Narrative Recap

To see value in TechnipFMC, an investor needs confidence in continued demand for large-scale offshore oil and gas projects, which underpin the company’s robust subsea order book and backlog. The recent upward revision to revenue guidance and strong Q3 results reinforce visibility for near-term revenue streams, but they do not meaningfully reduce the overarching risk: TechnipFMC's heavy exposure to fossil fuel markets amid accelerating global transitions to lower-carbon energy sources.

Among the latest developments, the expanded US$2 billion share buyback authorization stands out as especially relevant. This move increases TechnipFMC’s capital return flexibility, offering the potential to support shareholder value, although it does not change the fundamental risk tied to fluctuations in global oil prices or long-term demand trends for hydrocarbons. However, investors should be mindful that...

Read the full narrative on TechnipFMC (it's free!)

TechnipFMC's narrative projects $11.3 billion revenue and $1.2 billion earnings by 2028. This requires 5.8% yearly revenue growth and a $262.5 million earnings increase from $937.5 million today.

Uncover how TechnipFMC's forecasts yield a $42.85 fair value, a 9% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members submitted five fair value estimates for TechnipFMC, from US$21.65 to US$52.50 per share. As you weigh these views, consider that ongoing exposure to volatile oil prices remains a key influence on performance, and see how your outlook compares.

Explore 5 other fair value estimates on TechnipFMC - why the stock might be worth as much as 33% more than the current price!

Build Your Own TechnipFMC Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your TechnipFMC research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free TechnipFMC research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate TechnipFMC's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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