TechnipFMC plc Just Beat EPS By 9.0%: Here's What Analysts Think Will Happen Next

The annual results for TechnipFMC plc (NYSE:FTI) were released last week, making it a good time to revisit its performance. The result was positive overall - although revenues of US$9.1b were in line with what the analysts predicted, TechnipFMC surprised by delivering a statutory profit of US$1.91 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for TechnipFMC

Taking into account the latest results, the most recent consensus for TechnipFMC from 23 analysts is for revenues of US$9.90b in 2025. If met, it would imply a notable 9.0% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 5.2% to US$2.08. Before this earnings report, the analysts had been forecasting revenues of US$9.88b and earnings per share (EPS) of US$1.98 in 2025. So the consensus seems to have become somewhat more optimistic on TechnipFMC's earnings potential following these results.

The consensus price target was unchanged at US$34.18, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic TechnipFMC analyst has a price target of US$42.00 per share, while the most pessimistic values it at US$8.50. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. For example, we noticed that TechnipFMC's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 9.0% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 0.6% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 4.2% annually. So it looks like TechnipFMC is expected to grow faster than its competitors, at least for a while.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards TechnipFMC following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for TechnipFMC going out to 2027, and you can see them free on our platform here..

We also provide an overview of the TechnipFMC Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.