FY2027 EPS Forecast for Flotek Industries Raised by Analyst

Key Points

• Northland Securities raised its FY2027 EPS forecast for Flotek Industries to $1.25 from $1.21, above the company’s current-year consensus EPS estimate of $0.76.
• Flotek reported quarterly EPS of $0.26, beating analyst expectations of $0.13, while revenue of $99.37 million exceeded estimates of $69.51 million.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $28.33, although securities-fraud litigation tied to a disputed Puerto Rico power contract presents legal and disclosure risks.

Flotek Industries, Inc. (NYSE:FTK - Free Report) - Research analysts at Northland Securities lifted their FY2027 EPS estimates for shares of Flotek Industries in a note issued to investors on Thursday, September 10th. Northland Securities analyst J. Grampp now anticipates that the oil and gas company will earn $1.25 per share for the year, up from their previous forecast of $1.21. The consensus estimate for Flotek Industries' current full-year earnings is $0.76 per share.

Flotek Industries (NYSE:FTK - Get Free Report) last announced its quarterly 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. The business had revenue of $99.37 million for the quarter, compared to analyst estimates of $69.51 million. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%.

A number of other brokerages also recently issued reports on FTK. Weiss Ratings downgraded Flotek Industries from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, September 4th. JonesTrading began coverage on Flotek Industries in a report on Thursday, July 9th. They issued a "buy" rating and a $40.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Flotek Industries currently has a consensus rating of "Moderate Buy" and an average price target of $28.33.

Flotek Industries Stock Performance

Flotek Industries stock opened at $27.35 on Monday. The company has a current ratio of 1.78, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average of $26.86 and a 200-day moving average of $21.66. The firm has a market cap of $990.54 million, a P/E ratio of 27.62 and a beta of 1.47. Flotek Industries has a 1-year low of $11.27 and a 1-year high of $39.67.

Institutional Trading of Flotek Industries

Several institutional investors and hedge funds have recently bought and sold shares of FTK. Quarry LP grew its holdings in shares of Flotek Industries by 97.2% during the 3rd quarter. Quarry LP now owns 3,855 shares of the oil and gas company's stock worth $56,000 after acquiring an additional 1,900 shares during the period. New York State Common Retirement Fund purchased a new position in shares of Flotek Industries in the 2nd quarter valued at approximately $102,000. California State Teachers Retirement System lifted its stake in shares of Flotek Industries by 510.1% in the 2nd quarter. California State Teachers Retirement System now owns 4,704 shares of the oil and gas company's stock valued at $111,000 after purchasing an additional 3,933 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Flotek Industries during the second quarter valued at approximately $115,000. Finally, Deutsche Bank AG bought a new stake in shares of Flotek Industries during the fourth quarter valued at approximately $150,000. 10.90% of the stock is currently owned by hedge funds and other institutional investors.

Flotek Industries News Summary

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

• Positive Sentiment: 2026 revenue guidance was raised. Flotek reportedly increased its full-year revenue outlook to $360 million–$370 million, signaling stronger expected business activity. Flotek raises 2026 revenue guidance
• Positive Sentiment: Northland Securities raised its earnings estimates. The firm increased its Q3 2026 EPS forecast to $0.23 from $0.20, Q4 to $0.21 from $0.19, and full-year 2026 EPS to $0.82 from $0.77. The new annual estimate is above the broader consensus forecast of $0.75. Northland Securities estimates for Flotek
• Neutral Sentiment: Flotek presented at the Lake Street Best Ideas Growth Conference. The presentation may provide investors with additional information about the company’s growth strategy, although no specific new financial details were provided in the report. Flotek conference presentation
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action against Flotek. The complaints generally allege that investors were not told about credible doubts concerning the consortium behind a roughly $400 million Puerto Rico power contract, which reportedly represented about 57% of the company’s backlog. The allegations have not been proven, but the litigation creates potential legal costs, reputational risk and uncertainty regarding the company’s backlog and disclosures. Investors who purchased shares during periods generally covering August 3–17, 2026, have until October 26, 2026 to seek lead-plaintiff status. FTK securities-fraud lawsuit notice

About Flotek Industries

Flotek Industries, Inc is a Houston, Texas-based technology company that develops and commercializes specialty green chemistry solutions. Its products are designed to help customers improve operational efficiency, reduce environmental impacts and manage resource use across energy, industrial and consumer applications.

The company's principal offerings serve the oil and gas industry, including chemistry technologies used in well completion, production and other field operations. Flotek's CnF® technology is a flagship product line intended to enhance hydrocarbon recovery while supporting efforts to reduce emissions, water consumption and the use of conventional chemical additives.

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