Forum Energy Technologies (FET) to Release Earnings on Thursday

Forum Energy Technologies (NYSE:FET) is anticipated to issue its Q1 2026 results after the market closes on Thursday, April 30th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $201.30 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 1, 2026 at 11:00 AM ET.

Forum Energy Technologies (NYSE:FET) last announced its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The business had revenue of $202.20 million for the quarter, compared to analyst estimates of $190.50 million. Forum Energy Technologies had a negative net margin of 1.22% and a positive return on equity of 2.40%. On average, analysts expect Forum Energy Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Forum Energy Technologies Stock Down 0.5%

Forum Energy Technologies stock traded down $0.30 during mid-day trading on Tuesday, reaching $63.12. The company’s stock had a trading volume of 36,050 shares, compared to its average volume of 217,014. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.01 and a current ratio of 2.17. Forum Energy Technologies has a 12 month low of $13.55 and a 12 month high of $65.43. The business’s 50 day simple moving average is $58.30 and its 200 day simple moving average is $43.82. The company has a market capitalization of $715.03 million, a price-to-earnings ratio of -70.91, a price-to-earnings-growth ratio of 3.83 and a beta of 0.58.

Insider Activity

In related news, EVP John C. Ivascu sold 4,392 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $60.01, for a total value of $263,563.92. Following the transaction, the executive vice president owned 81,599 shares in the company, valued at approximately $4,896,755.99. This trade represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.70% of the company’s stock.

Institutional Investors Weigh In On Forum Energy Technologies

A number of large investors have recently bought and sold shares of FET. Russell Investments Group Ltd. increased its position in Forum Energy Technologies by 7.0% during the 4th quarter. Russell Investments Group Ltd. now owns 9,442 shares of the oil and gas company’s stock worth $349,000 after purchasing an additional 618 shares in the last quarter. Victory Capital Management Inc. boosted its position in Forum Energy Technologies by 5.8% in the third quarter. Victory Capital Management Inc. now owns 14,402 shares of the oil and gas company’s stock valued at $385,000 after buying an additional 793 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Forum Energy Technologies in the fourth quarter valued at approximately $35,000. Raymond James Financial Inc. grew its stake in shares of Forum Energy Technologies by 10.1% during the third quarter. Raymond James Financial Inc. now owns 10,604 shares of the oil and gas company’s stock worth $283,000 after buying an additional 971 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Forum Energy Technologies during the fourth quarter worth $37,000. 65.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FET shares. Wall Street Zen upgraded Forum Energy Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Zacks Research upgraded Forum Energy Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Forum Energy Technologies in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Forum Energy Technologies presently has a consensus rating of “Moderate Buy”.

Forum Energy Technologies Company Profile

Forum Energy Technologies Inc is a global provider of advanced products and services to the oil and gas industry. The company’s offerings span the full lifecycle of exploration and production, including drilling, well construction, completion and production, and subsea operations. Key product lines include premium drill bits, downhole drilling motors, directional drilling tools, subsea umbilicals, and pressure control equipment, complemented by field service support and engineered solutions for complex projects.

Established through the merger of Forum Oilfield Technologies, Triton Group, Global Energy Group, and Allen International in 2010, Forum Energy Technologies has built a diversified technology portfolio designed to meet evolving industry requirements.