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

Key Points

• Forum Energy Technologies (FET) is set to release its Q2 2025 earnings on August 7th, with analysts predicting earnings of $0.18 per share and revenue of $190.50 million.
• The company reported a loss of $0.04 EPS in its previous quarter, significantly below analysts' expectations of $0.43, and had a negative net margin of 15.35%.
• Wall Street analysts have recently upgraded FET's rating from "hold" to "buy", indicating a more positive outlook for the company's stock.

Forum Energy Technologies (NYSE:FET - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Thursday, August 7th. Analysts expect Forum Energy Technologies to post earnings of $0.18 per share and revenue of $190.50 million for the quarter.

Forum Energy Technologies (NYSE:FET - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.39). Forum Energy Technologies had a negative return on equity of 2.26% and a negative net margin of 15.35%. The firm had revenue of $193.30 million during the quarter, compared to the consensus estimate of $196.45 million. During the same period in the previous year, the firm earned ($0.12) EPS.

Forum Energy Technologies Price Performance

NYSE:FET traded down $1.33 during trading hours on Friday, reaching $18.38. The stock had a trading volume of 143,142 shares, compared to its average volume of 80,005. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 2.46. Forum Energy Technologies has a 52 week low of $12.78 and a 52 week high of $21.57. The company has a 50 day moving average price of $18.70 and a two-hundred day moving average price of $17.70. The stock has a market capitalization of $227.36 million, a PE ratio of -1.83, a PEG ratio of 2.09 and a beta of 0.88.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Forum Energy Technologies from a "hold" rating to a "buy" rating in a report on Tuesday, May 6th.

Hedge Funds Weigh In On Forum Energy Technologies

An institutional investor recently raised its position in Forum Energy Technologies stock. Empowered Funds LLC lifted its stake in Forum Energy Technologies, Inc. (NYSE:FET - Free Report) by 8.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,908 shares of the oil and gas company's stock after acquiring an additional 1,127 shares during the period. Empowered Funds LLC owned 0.11% of Forum Energy Technologies worth $280,000 at the end of the most recent quarter. 65.60% of the stock is currently owned by institutional investors and hedge funds.

Forum Energy Technologies Company Profile

Forum Energy Technologies, Inc designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications.