Flotek Industries (NYSE:FTK) Stock Rating Upgraded by Zacks Research

Flotek Industries (NYSE:FTK) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday, Zacks reports.

A number of other equities analysts have also recently weighed in on the stock. Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Lake Street Capital raised their price target on shares of Flotek Industries from $40.00 to $44.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Finally, JonesTrading began coverage on shares of Flotek Industries in a research note on Thursday, July 9th. They issued a “buy” rating and a $40.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat, Flotek Industries has an average rating of “Buy” and an average target price of $34.67.

Flotek Industries Stock Performance

Flotek Industries stock opened at $24.02 on Monday. The company has a market cap of $869.97 million, a price-to-earnings ratio of 24.26 and a beta of 1.42. Flotek Industries has a 12 month low of $13.19 and a 12 month high of $39.67. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. The stock’s 50-day moving average is $27.27 and its 200-day moving average is $23.79.

Flotek Industries (NYSE:FTK) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. The firm had revenue of $99.37 million during the quarter, compared to the consensus estimate of $69.51 million. Equities analysts anticipate that Flotek Industries will post 0.79 earnings per share for the current year.

Insider Activity

In other Flotek Industries news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $26.01, for a total transaction of $60,000,024.06. Following the completion of the transaction, the insider directly owned 3,693,194 shares of the company’s stock, valued at $96,059,975.94. The trade was a 38.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Matthew Wilks purchased 1,319,493 shares of the company’s stock in a transaction on Friday, September 11th. The stock was purchased at an average price of $26.01 per share, for a total transaction of $34,320,012.93. Following the purchase, the director directly owned 1,477,285 shares of the company’s stock, valued at $38,424,182.85. This trade represents a 836.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.40% of the company’s stock.

Institutional Trading of Flotek Industries

Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new stake in Flotek Industries during the third quarter worth approximately $37,000. AWM Investment Company Inc. acquired a new position in shares of Flotek Industries during the 2nd quarter valued at $706,000. Kornitzer Capital Management Inc. KS acquired a new stake in shares of Flotek Industries in the first quarter valued at $876,000. Bank of New York Mellon Corp acquired a new position in Flotek Industries during the second quarter worth about $1,160,000. Finally, Sei Investments Co. raised its position in Flotek Industries by 100.0% in the first quarter. Sei Investments Co. now owns 76,076 shares of the oil and gas company’s stock worth $1,291,000 after acquiring an additional 38,038 shares in the last quarter. 10.90% of the stock is owned by institutional investors and hedge funds.

Key Flotek Industries News

Here are the key news stories impacting Flotek Industries this week:

• Negative Sentiment: The lawsuit alleges Flotek failed to disclose material adverse information about the Puerto Rico project, including doubts about a consortium partner’s ability to perform, an allegedly unauthorized third-party signature, and the involvement of a convicted felon. These allegations could increase regulatory, legal, reputational and financial risks for the company. Flotek shareholder alert
• Negative Sentiment: Investor notices also cite the Puerto Rico Oversight Board’s revocation of contract approval under PROMESA Section 204, criminal referrals and the resulting collapse of an approximately $400 million backlog. If confirmed, the loss of this expected business could undermine future revenue and growth expectations. FTK shareholder alert
• Negative Sentiment: Several firms, including DJS Law Group, Pomerantz, Johnson Fistel, Rosen and others, are urging shareholders who purchased Flotek securities during the stated August 3–17, 2026 class period to participate or seek lead-plaintiff status. The unusually high volume of legal solicitations is reinforcing investor concern, although the claims remain allegations and have not been proven in court. Flotek securities lawsuit notice
• Neutral Sentiment: The October 26 deadline is primarily a procedural milestone for investors seeking to lead the class action; it does not itself establish liability or determine the lawsuit’s outcome. Nevertheless, investors may continue to monitor Flotek’s disclosures for responses to the allegations and updates on the Puerto Rico contract. Rosen Flotek deadline notice

Flotek Industries Company Profile

Flotek Industries, Inc is a technology company that develops and supplies specialty green chemistry and data-driven solutions for the energy industry. Its offerings are designed to help oil and natural gas producers improve well performance, manage production processes and reduce the environmental impact of energy operations.

Through its Chemistry Technologies segment, Flotek provides biodegradable and environmentally focused chemical products used in drilling, cementing, stimulation, completion and production activities.