Forum Energy Technologies (FET) Projected to Post Earnings on Thursday

Forum Energy Technologies (NYSE:FET) is projected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Forum Energy Technologies to announce earnings of $0.57 per share and revenue of $212.35 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.

Forum Energy Technologies (NYSE:FET) last announced its earnings results on Thursday, April 30th. The oil and gas company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.03. The business had revenue of $208.70 million for the quarter, compared to analyst estimates of $201.30 million. Forum Energy Technologies had a positive return on equity of 4.15% and a negative net margin of 0.78%. 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 0.4%

FET traded down $0.23 on Wednesday, reaching $52.22. The company’s stock had a trading volume of 10,762 shares, compared to its average volume of 195,021. Forum Energy Technologies has a 1 year low of $18.12 and a 1 year high of $65.43. The business’s 50 day moving average is $52.11 and its 200 day moving average is $53.34. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.23 and a quick ratio of 1.09. The stock has a market cap of $590.29 million, a price-to-earnings ratio of -88.70, a price-to-earnings-growth ratio of 3.28 and a beta of 0.54.

Insider Buying and Selling

In related news, SVP Michael Dewayne Danford sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $55.49, for a total value of $166,470.00. Following the completion of the sale, the senior vice president directly owned 54,139 shares of the company’s stock, valued at $3,004,173.11. The trade was a 5.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 7.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FET. Invesco Ltd. increased its holdings in shares of Forum Energy Technologies by 461.5% in the 4th quarter. Invesco Ltd. now owns 100,209 shares of the oil and gas company’s stock valued at $3,703,000 after acquiring an additional 82,363 shares during the last quarter. Mackenzie Financial Corp lifted its stake in Forum Energy Technologies by 17.3% during the fourth quarter. Mackenzie Financial Corp now owns 57,907 shares of the oil and gas company’s stock worth $2,161,000 after purchasing an additional 8,539 shares during the last quarter. Empowered Funds LLC lifted its stake in Forum Energy Technologies by 81.8% during the fourth quarter. Empowered Funds LLC now owns 60,254 shares of the oil and gas company’s stock worth $2,226,000 after purchasing an additional 27,118 shares during the last quarter. Quadrature Capital Ltd boosted its holdings in Forum Energy Technologies by 18.9% in the fourth quarter. Quadrature Capital Ltd now owns 12,527 shares of the oil and gas company’s stock worth $463,000 after purchasing an additional 1,989 shares during the period. Finally, Millennium Management LLC acquired a new position in Forum Energy Technologies in the fourth quarter worth $3,041,000. Institutional investors and hedge funds own 65.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Zacks Research lowered Forum Energy Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Wall Street Zen lowered shares of Forum Energy Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Forum Energy Technologies in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Forum Energy Technologies currently has an average rating of “Reduce”.

About Forum Energy Technologies

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.