Forum Energy Technologies, Inc. (FET) Stock Forecast Oct. 14, 2026
Analysis updated on Oct. 14, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Forum Energy Technologies, Inc. (FET) stock forecast summary
On Oct. 14, 2026, FET is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.
Forum Energy Technologies, Inc. is a small-cap company with a market capitalization of $961M. It ranks number 8 by market capitalization among the 13 Oil & Gas Field Machinery & Equipment issuers in our coverage with a current forecast.
A per-ticker accuracy statistic for FET is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.3%, buy ≥ +0.5%, sell < -0.6%, strong sell < -1.7% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-14 signals)
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How FET ranks among 4004 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Forum Energy Technologies, Inc. (FET) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Oil & Gas Field Machinery & Equipment peers listed below that report each metric.
Reported net income does not reconcile with earnings per share and the share count, so net-income-based ratios are withheld.
Valuation & Market
| Metric | FET | Rank |
|---|---|---|
| Market Cap | $961M | 8/13 |
| P/B Ratio | 3.04x | 5/9 |
| EPS | $-0.51 | – |
| Book Value/Share | $27.94 | – |
| Revenue/Share | $71.38 | – |
| FCF/Share | $5.18 | – |
Profitability & Margins
| Metric | FET | Rank |
|---|---|---|
| ROIC | 5.2% | 8/11 |
| Gross Margin | 27.4% | 4/7 |
| Operating Margin | 4.2% | 10/12 |
| EBT Margin | 2.5% | 9/12 |
| Tax Rate | 133.0% | – |
The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.
Financial Health
| Metric | FET | Rank |
|---|---|---|
| Current Ratio | 2.23x | 9/14 |
| Quick Ratio | 1.09x | 12/14 |
| D/E Ratio | 1.72x | 4/11 |
| Financial Leverage | 2.72x | 4/11 |
| Interest Coverage | 10.1x | 4/12 |
| Working Capital | $256M | 10/14 |
Cash Flow
| Metric | FET | Rank |
|---|---|---|
| Operating Cash Flow | $63M | 10/14 |
| Free Cash Flow | $59M | 6/10 |
| Capital Spending | -$4M | 2/10 |
| OCF Growth YoY | -35.0% | 10/11 |
| FCF Growth YoY | -34.3% | 5/7 |
| FCF/Sales | 7.3% | 7/10 |
| CapEx/Sales | 0.5% | 9/10 |
Operational Efficiency
| Metric | FET | Rank |
|---|---|---|
| Asset Turnover | 0.97x | 4/11 |
| Receivables Turnover | 5.2x | 3/11 |
| Inventory Turnover | 2.5x | 6/8 |
| Fixed Assets Turnover | 16.3x | 1/11 |
| Days Sales Outstanding | 70 days | 9/11 |
| Days Inventory | 147 days | 3/8 |
| Payables Period | 72 days | 3/8 |
| Cash Conversion Cycle | 146 days | 4/7 |
Income Statement
| Metric | FET | Rank |
|---|---|---|
| Total Revenue | $806M | 8/13 |
| Operating Income | $32M | 9/14 |
| SG&A Expense | $201M | 5/13 |
| Cost of Goods Sold | $585M | 4/8 |
Dividend & Shareholder Information
| Metric | FET | Rank |
|---|---|---|
| Shares Outstanding | 11M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $464M | 55.6% of assets |
| Cash & Short-term Investments | $37M | 4.5% of assets |
| Accounts Receivable | $155M | 18.6% of assets |
| Inventory | $236M | 28.3% of assets |
| Total Liabilities | $528M | 63.2% of assets |
| Short-term Debt | $94M | 11.3% of assets |
FET quarterly financials and insider trading
Forum Energy Technologies, Inc. (FET) industry peers
Companies classified under the same SEC industry code as Forum Energy Technologies, Inc. (Oil & Gas Field Machinery & Equipment): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FET Forum Energy Technologies, Inc. | ▶ | $961M |
| BKR Baker Hughes Co | ▶ | $56.04B |
| FTI Technipfmc Plc | ▶ | $27.73B |
| NOV Nov Inc. | ▼ | $6.80B |
| SEI Solaris Energy Infrastructure, Inc. | ▲ | $5.96B |
| WHD Cactus, Inc. | ▲ | $5.14B |
| INVX Innovex International, Inc. | ▶ | $2.01B |
| FLOC Flowco Holdings Inc. | ▼ | $1.76B |
| HMH Hmh Holding Inc | ▶ | $834M |
| OIS Oil States International, Inc | ▲ | $499M |
| ROC Drilling Tools International Corp | ▲ | $135M |
| QSEP Qs Energy, Inc. | ▲ | $56M |
| KLNG Koil Energy Solutions, Inc. | ▲ | $37M |
| GPUS Hyperscale Data, Inc. | ▼ | N/A |
| WFRD Weatherford International Plc | ▼ | N/A |
Where FET sits on the market map
Forum Energy Technologies, Inc. (FET) stock news
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Forum Energy Technologies, Inc. (FET) stock forecast FAQ
What is the Forum Energy Technologies, Inc. (FET) stock forecast?
On Oct. 14, 2026, FET is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.
How accurate are Forum Energy Technologies, Inc. stock predictions?
A per-ticker accuracy statistic for FET is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Forum Energy Technologies, Inc. forecasts updated?
Forum Energy Technologies, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 14, 2026.
Which companies are Forum Energy Technologies, Inc.'s industry peers?
15 issuers in our coverage, FET included, share the SEC industry code Oil & Gas Field Machinery & Equipment. The largest are: Baker Hughes Co (BKR), Technipfmc Plc (FTI), Nov Inc. (NOV), Solaris Energy Infrastructure, Inc. (SEI), Cactus, Inc. (WHD), Innovex International, Inc. (INVX).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.