Forum Energy Technologies (FET) Projected to Release Earnings on Thursday

Forum Energy Technologies (NYSE:FET) is projected to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $1.22 per share and revenue of $233.35 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Forum Energy Technologies (NYSE:FET) last announced its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.60. The company had revenue of $226.22 million for the quarter, compared to analysts’ expectations of $212.35 million. Forum Energy Technologies had a positive return on equity of 9.45% and a negative net margin of 0.19%. On average, analysts expect Forum Energy Technologies to post $4.01 EPS for the current fiscal year and $4.96 EPS for the next fiscal year.

Forum Energy Technologies Stock Performance

NYSE:FET opened at $89.13 on Tuesday. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of -594.16, a PEG ratio of 2.72 and a beta of 0.68. The business has a 50 day moving average of $82.06 and a 200 day moving average of $61.78. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.19 and a quick ratio of 1.13. Forum Energy Technologies has a 1-year low of $26.00 and a 1-year high of $90.51.

Analyst Upgrades and Downgrades

Several research analysts have commented on FET shares. Zacks Research raised shares of Forum Energy Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Forum Energy Technologies in a research note on Thursday, October 15th. Finally, Wall Street Zen upgraded shares of Forum Energy Technologies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 2nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Forum Energy Technologies has a consensus rating of “Moderate Buy”.

Insider Transactions at Forum Energy Technologies

In related news, SVP Michael Danford sold 1,500 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $78.91, for a total transaction of $118,365.00. Following the completion of the sale, the senior vice president directly owned 52,639 shares in the company, valued at $4,153,743.49. This represents a 2.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John C. Ivascu sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $81.22, for a total value of $406,100.00. Following the transaction, the executive vice president owned 80,512 shares in the company, valued at approximately $6,539,184.64. The trade was a 5.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 11,500 shares of company stock valued at $877,615. 7.70% of the stock is currently owned by corporate insiders.

Forum Energy Technologies Company Profile

Forum Energy Technologies, Inc (NYSE:FET) is a global manufacturer of oilfield and industrial equipment serving the exploration, development and production segments of the energy industry. The company designs and supplies products used in drilling, well completion, production and subsea operations.

Forum’s product offerings include drilling and downhole tools, drilling motors, wireline and well-intervention equipment, pressure-control systems, hydraulic-fracturing and stimulation equipment, artificial-lift products, and subsea remotely operated vehicle systems.