Flotek Industries, Inc. (NYSE:FTK) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Flotek Industries has a “Moderate Buy” consensus rating from five analysts: four buys and one hold. The average 12-month price target is $28.33, with JonesTrading assigning a higher $40 target.
• Flotek’s latest quarterly results exceeded expectations, with adjusted EPS of $0.26 versus the $0.13 consensus and revenue of $99.37 million versus estimates of $69.51 million.
• The company faces multiple proposed class-action lawsuits alleging it failed to disclose risks tied to a purported $400 million Puerto Rico power-generation project; the allegations remain unproven, and investors generally have until October 26, 2026, to seek lead-plaintiff status.

Flotek Industries, Inc. (NYSE:FTK - Get Free Report) has been given an average rating of "Moderate Buy" by the five analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $28.3333.

A number of research analysts recently weighed in on the company. JonesTrading assumed coverage on Flotek Industries in a research report on Thursday, July 9th. They set a "buy" rating and a $40.00 price objective for the company. Weiss Ratings raised Flotek Industries from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 21st.

More Flotek Industries News

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

• Negative Sentiment: The lawsuits allege that Flotek misled investors by failing to disclose material risks surrounding a purported $400 million Puerto Rico Electric Power Authority (PREPA) power-generation project. Specifically, the complaints question the experience, organization and financial capacity of the consortium involved, and allege that revenue from the contract might not be realized. Gainey McKenna & Egleston class action announcement
• Negative Sentiment: Several firms, including Pomerantz, Howard G. Smith, Holzer & Holzer, Robbins LLP and Glancy Prongay Wolke & Rotter, publicized class-action filings or investor alerts. The unusually high number of notices increases visibility around the allegations and raises potential litigation costs, liability and reputational risks for Flotek. Pomerantz investor alert
• Neutral Sentiment: Investors who purchased shares during the class period generally have until October 26, 2026 to seek appointment as lead plaintiff. These announcements are procedural and do not establish that Flotek violated securities laws; the allegations remain unproven. Howard G. Smith class action notice

Flotek Industries Price Performance

Shares of NYSE FTK opened at $24.43 on Friday. Flotek Industries has a fifty-two week low of $10.95 and a fifty-two week high of $39.67. The company has a 50 day simple moving average of $26.43 and a two-hundred day simple moving average of $21.07. The company has a market capitalization of $884.93 million, a price-to-earnings ratio of 24.68 and a beta of 1.43. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.50 and a current ratio of 1.78.

Flotek Industries (NYSE:FTK - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.13. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%.The firm had revenue of $99.37 million for the quarter, compared to analysts' expectations of $69.51 million. Analysts expect that Flotek Industries will post 0.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Flotek Industries

Hedge funds have recently bought and sold shares of the company. Rhumbline Advisers increased its stake in Flotek Industries by 3.6% during the 3rd quarter. Rhumbline Advisers now owns 22,400 shares of the oil and gas company's stock valued at $327,000 after purchasing an additional 770 shares in the last quarter. First Trust Advisors LP lifted its stake in Flotek Industries by 3.2% during the 4th quarter. First Trust Advisors LP now owns 43,495 shares of the oil and gas company's stock valued at $749,000 after acquiring an additional 1,335 shares during the period. Barclays PLC lifted its position in Flotek Industries by 6.5% during the fourth quarter. Barclays PLC now owns 22,204 shares of the oil and gas company's stock valued at $383,000 after purchasing an additional 1,351 shares during the period. Informed Momentum Co LLC lifted its holdings in shares of Flotek Industries by 2.2% during the 4th quarter. Informed Momentum Co LLC now owns 63,959 shares of the oil and gas company's stock valued at $1,102,000 after buying an additional 1,366 shares during the period. Finally, Aristides Capital LLC boosted its position in Flotek Industries by 4.6% in the fourth quarter. Aristides Capital LLC now owns 31,390 shares of the oil and gas company's stock worth $541,000 after purchasing an additional 1,390 shares during the last quarter. Institutional investors own 10.90% of the company's stock.

About Flotek Industries

Flotek Industries, Inc NYSE: FTK is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek's solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek's operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.

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