Forum Energy Technologies (FET) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Forum Energy Technologies is expected to report Q3 2026 results after market close on October 29, with analysts forecasting $1.22 in EPS and $233.35 million in revenue. The earnings call is scheduled for October 30 at 11:00 a.m. ET.
• The company’s prior quarter exceeded expectations, reporting $1.16 EPS versus the $0.56 consensus estimate and revenue of $226.22 million compared with estimates of $212.35 million.
• FET shares opened at $86.78, near their 12-month high of $89.93, while analyst sentiment remains mixed but averages a “Moderate Buy” rating. Insiders have sold 11,500 shares worth approximately $877,615 over the past three months.

Forum Energy Technologies (NYSE:FET - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $1.22 per share and revenue of $233.35 million for the quarter. Investors may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Forum Energy Technologies (NYSE:FET - Get Free Report) last released its earnings results on Thursday, July 30th. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.56 by $0.60. The firm had revenue of $226.22 million for the quarter, compared to analyst estimates of $212.35 million. Forum Energy Technologies had a negative net margin of 0.19% and a positive return on equity of 9.45%. On average, analysts expect Forum Energy Technologies to post $3.85 EPS for the current fiscal year and $5.08 EPS for the next fiscal year.

Forum Energy Technologies Price Performance

Shares of NYSE:FET opened at $86.78 on Thursday. The firm has a 50 day moving average of $81.87 and a 200-day moving average of $65.48. The stock has a market capitalization of $976.26 million, a PE ratio of -578.49, a PEG ratio of 2.73 and a beta of 0.68. The company has a current ratio of 2.19, a quick ratio of 1.13 and a debt-to-equity ratio of 0.49. Forum Energy Technologies has a 12 month low of $26.00 and a 12 month high of $89.93.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Forum Energy Technologies in a research note on Thursday, October 15th. Zacks Research upgraded shares of Forum Energy Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Forum Energy Technologies from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Forum Energy Technologies currently has a consensus rating of "Moderate Buy".

Insider Activity

In other Forum Energy Technologies news, SVP Michael Danford sold 1,500 shares of the business's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $78.91, for a total transaction of $118,365.00. Following the completion of the transaction, the senior vice president owned 52,639 shares of the company's stock, valued at approximately $4,153,743.49. The trade was a 2.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John Ivascu sold 5,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $70.63, for a total transaction of $353,150.00. Following the completion of the transaction, the executive vice president directly owned 85,512 shares of the company's stock, valued at $6,039,712.56. This trade represents a 5.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 11,500 shares of company stock valued at $877,615. Insiders own 7.70% of the company's stock.

About Forum Energy Technologies

Forum Energy Technologies, Inc NYSE: FET is a global manufacturer of oilfield and industrial equipment serving the exploration, development and production segments of the energy industry. The company designs and supplies products used in drilling, well completion, production and subsea operations.

Forum's product offerings include drilling and downhole tools, drilling motors, wireline and well-intervention equipment, pressure-control systems, hydraulic-fracturing and stimulation equipment, artificial-lift products, and subsea remotely operated vehicle systems.

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