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FET · Forum Energy Technologies, Inc.

Track FET — free
$83.02 +2.06 (+2.54%) At close · Sep 11
Market Cap
$938.48M
Shares
11.30M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$83.02 Open$82.00 Day$80.52–84.15 52W close$25.26–86.31 Avg vol 30d221K Short int602K · 5.3% float · 3.5d Short vol65% Last earningsJul 31, 2026 DataNov 2020–Sep 2026 Filing10-Q · Jul 31

Raw chart and full-history price indicators begin at the captured split on Nov 10, 2020; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 27, 2026 Est · unconfirmed · in 6 wks
filed Jul 31, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$806.89M
Trailing 12 months
Net income (TTM)
−$6.29M
Trailing 12 months
Revenue growth YoY
+8.0%
Year over year
Operating margin
4.0%
Trailing 12 months
P / E (TTM)
Trailing earnings
FCF yield
6.2%
TTM · current market cap
Return on invested capital
Trailing 12 months
Net cash
−$116.23M
Latest balance sheet
Dividend yield
Trailing 12 months
Shares change YoY
-7.4%
Year over year · fewer shares
Price change (1Y)
+201.7%
Trailing year
Short interest
5.3%
Latest settlement · 3.5 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 31, 2026
Q2 FY26

TL;DR. Forum Energy Technologies (FET) reported Q2 2026 revenue of $226 million, up 8% sequentially, with adjusted EBITDA of $32 million (up 39% sequentially), and raised all full-year 2026 guidance metrics, including revenue to $870-$910 million, citing market share gains and a stronger 2030 strategic outlook.

Bullish
  • + Book-to-bill of 104% with strong Subsea and Downhole order momentum.
  • + Revenue per rig rose to $129 from $112 a year ago, indicating market share gains, with management crediting roughly half of Q1 high-teens growth to share gains.
  • + Net leverage dropped to 1.1x with $8 million of share repurchases in the first half of 2026.
Bearish
  • International Middle East opportunity is gated by ongoing regional conflict, delaying expected contribution to growth.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 15.8 · calm Equity put/call 0.58
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +52%
above
Price vs 50-day avg +22%
above
RSI (14) 66
neutral
MACD trend Negative
52-week position 95%
near high
Momentum
relative strength
Very Strong
1-month return +1%
trailing
6-month return +47%
trailing
YTD return +125%
this year
Relative strength +30%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $68 › 200d $55 — 50d above 200d
Institutional flow Distributing
-17% holders QoQ · +16 funds added
Insider flow Distributing
Net -$1.8M over 90 days · 100% sells
Short interest Falling
5.32% of float · ▼ -20.5% MoM · 3.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
161 holders — mid 3-yr range
Squeeze score 55
elevated · 0–100
Fundamentals
Strong
Revenue growth −3%
Y/Y
Gross margin 28%
contracting
EPS growth +93%
Y/Y
Free cash flow $64.4M
Buyback $150.0M
authorized
Balance sheet $101.3M
net debt
Quant / Vol
risk profile
Very High
Volatility 55%
annualized · 1-yr
Max drawdown −28%
past year
ATR 4.4%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 2 of last 4
Latest guidance · from the 8-K filed May 1, 2026
Adjusted EBITDA · full year 2026 Non-GAAP Initiated $95M – $110M
Prior guidance period ended · from the 8-K filed Aug 2, 2024
Free cash flow · full year 2024 $50M – $70M
Adjusted EBITDA · full year 2024 $100M – $110M
Guided vs delivered · last 4 settled
Revenue fourth quarter
guided $145M – $155M
$148.15M In line
Revenue third quarter
guided $145M – $155M
$140.98M Miss −6.0%
Revenues the second quarter
guided $125M – $135M
$137.42M Beat +5.7%
First quarter revenue first quarter
guided $119M
$114.52M Miss −3.8%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 2 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+52% Bullish
Price vs 50-day avg
+22% Bullish
RSI (14)
66 Neutral
MACD trend
Negative Bearish
52-week position
95% Bullish
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross) No cross
50d $68 › 200d $55 — 50d above 200d
Institutional flow Distributing
-17% holders QoQ · +16 funds added
Insider flow Distributing
Net -$1.8M over 90 days · 100% sells
Short interest Falling
5.32% of float · ▼ -20.5% MoM · 3.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
161 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $25 Now $83 · 95% Range high $86
vs 200-day avg +52% vs 50-day avg +22%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Oil & Gas Equipment & Services — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
FET
Forum Energy Technologies, Inc.
this stock
$938.48M +124.7% -3.1% 5.3%
SLB
Slb Limited/Nv
$83.20B +46.1% +9.5% 27.4 3.7%
BKR
Baker Hughes Co
$58.63B +29.7% -0.3% 2.7%
FTI
TechnipFMC plc
$29.94B +71.3% +9.4% 26.6 3.2%
HAL
Halliburton Co
$29.86B +26.8% +22.5% 4.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
161
% held
86.9%
Net QoQ
+847.4K sh
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
224
View
Short & Settlement
Short Interest Falling
Shares short
601.7K
Days to cover
3.5d
Change
-155.2K sh
View
Short Volume
Short vol %
65%
As of
Sep 11, 2026
Short Total
View
Fails to Deliver
FTD shares
16
Value
$1.3K
As of
Aug 14, 2026
View
Off-Exchange
Off-exchange %
36.6%
Week of
Aug 3, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$1.8M
Buyers / Sellers
0 / 2
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$791.5M
Net income (FY)
$-9.7M
EPS diluted
$-0.81
View
Buybacks
Authorized
$150.0M
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 31, 2026
This year
13
View
Proposed Sales
Value
$406.1K
Shares
5.0K
Filed
Aug 11, 2026
View
Earnings & Events
Earnings Calls
Last call
Jul 31, 2026
View

Performance

Raw-price comparisons begin at the captured split on Nov 10, 2020; windows that need an earlier baseline remain unavailable.

5D 20D 120D MTD YTD
FET +1.4% +0.7% +47.5% +1.3% +124.7%
SPY -1.2% -1.8% +17.8% -0.4% +12.1%
vs SPY +2.6% +2.5% +29.7% +1.6% +112.6%

Capital returns

Buyback program · as of Oct 31, 2014
Authorized
$150.00M
Spent (derived)
Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1401257 CUSIP 34984V209 13F (30d) 47 filings 47 filers Visit website Investor relations