FORUM ENERGY TECHNOLOGIES INC (FET)
Energy · oilfield services and equipment · NYSE
Forum Energy Technologies is a global provider of specialized drilling, completion, and subsea equipment for the oil and gas industry.
What FORUM ENERGY TECHNOLOGIES INC does
Forum Energy Technologies provides drilling, completion, production, and subsea equipment and services to the oil and natural gas industry. The company designs, manufactures, and supports a diverse range of capital equipment and related consumables for both land and offshore energy operations globally.
Themes: oil and gas equipment and services, subsea technology, drilling and completion infrastructure
Fundamentals
- Price$77.42 as of 2026-08-21 close
- Market cap$875M as of 2026-08-21
- 1-year return+226.4% 2025-08-21 close $23.72 → 2026-08-21 close $77.42
- P/En/a negative earnings
- Net margin-0.2% as of 2026-08-24
- Gross margin+28.0% as of 2026-08-24
- ROE-0.5% as of 2026-08-24
- Debt / equity0.50 as of 2026-08-24
- Revenue growth (YoY)+3.9% as of 2026-08-24
- Revenue CAGR (3y)+4.2% SEC XBRL
- Beta0.68 as of 2026-08-24
- Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)
How FET compares in its sector
- net profit marginmiddle range 149 covered Energy peers, as of 2026-08-24
- operating marginmiddle range 149 covered Energy peers, as of 2026-08-24
- gross marginmiddle range 142 covered Energy peers, as of 2026-08-24
- return on equitymiddle range 152 covered Energy peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 138 covered Energy peers
- free cash flow (absolute dollars, latest fiscal year)middle range 95 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How FORUM ENERGY TECHNOLOGIES INC looks technically
FORUM ENERGY TECHNOLOGIES INC (FET) is trading 52.4% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 283 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 43, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative). It made a new 20-day high about 5 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 52.4% above its 200-day average, the long-term trend line — a longer-term uptrend | +52.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $60.05 | $60.05 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $50.80 | $50.80 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 50.2701. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 283 trading days ago — a "golden cross", a bullish long-term signal | 283 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 43, with buyers in control | 42.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30) | 61.1 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($68.61 to $87.42) — its "stochastic" reading is 47 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 46.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $87.42 | $87.42 |
|---|---|---|
| From the 52-week high | it is 11.4% below its 52-week high (its highest price of the past year) | -11.4% |
| Above the 52-week low | it is 236.0% above its 52-week low (its lowest price of the past year) | +236.0% |
| Below the 52-week high | it is 11.4% below its highest point of the past year | 11.4% |
| Since a 20-day breakout | it made a new 20-day high about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 5 trading days ago | 5 sessions |
| All-time high | its highest closing price on record is $740.60 (set on 2014-07-24) | $740.60 |
| Given back of the 52-week move | over the past year its closes ranged ($23.18 to $86.31), and it has given back only a small part of its rise from last year’s low — 14% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $45.28 to $47.30. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 14.1% |
| From the all-time high | it is 89.5% below its all-time high | -89.5% |
| Nearest price level | it is trading 18.6% above a support level at $62.98 — a price it turned at three times since 2026-02-25, most recently on 2026-04-13. Since 2024-08-21 it has 15 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -18.6% |
| All-time low | its lowest closing price on record is $3.00 (set on 2020-03-23) | $3.00 |
| Above the all-time low | it is 2478.9% above its all-time low | +2,479% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 92% of the past ~6 months) | 92nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $4.01 between its high and its low — about 5.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $4.01 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $50.21 and $96.02 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $50.21 – $73.11 – $96.02 |
| Typical daily range (% of price) | its price moves about 5.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.2% |
| Stretch from the 200-day average | it is trading 6.6 daily ranges above its 200-day average price (52.4% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.14× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 3 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.3% |
|---|---|---|
| Open gap | it gapped 19.4% above the previous close 15 sessions ago and has not traded back through the level it left behind at 51.43 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +19.4% |
| Gap filled | a 2.0% gap up opened on 2026-08-06 has been "filled" 11 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 11 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 4 sessions in a row, a -10.3% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 4 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 32.8 percentage points (the stock gained 35.2% while the market gained 2.3%) | +32.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 29.2 percentage points (the stock gained 32.3% while the market gained 3.1%) | +29.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 22.7 percentage points (the stock gained 33.8% while the market gained 11.1%) | +22.7% |
| vs market, 12 months | over the past 12 months this stock beat the market by 205.9 percentage points (the stock gained 226.4% while the market gained 20.5%) | +205.9% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 39% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 7.5% of the share price. | +38.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 37% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $56.44 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | +37.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-07-30 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $75.56 — a volume-weighted average of daily closes over 17 sessions, not a true tick-by-tick VWAP. | +2.5% |
Price levels it has turned at before
FET last closed at $77.42 on 2026-08-21. Since 2024-08-21 it has turned at 15 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $62.98 | Support | 18.6% below the last close | turned there three times · 2026-02-25 to 2026-04-13 |
| $59.30 | Support | 23.4% below the last close | turned there twice · 2026-05-26 to 2026-07-23 |
| $53.59 | Support | 30.8% below the last close | turned there twice · 2026-03-13 to 2026-06-12 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $50.27.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $63.38 and $71.47 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $50.27.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bearish (12/26/9) · in a strong, established uptrend (ADX) · beating the market · Stretched far above its 200-day average (6+ daily ranges) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (0.00 mean, 1=Strong Buy…5=Strong Sell) — 1 analyst
- Mean price target$78.00 range $78.00 – $78.00
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for FET
- Consensus EPS estimate$1.22 next reporting period, as of 2026-08-21
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["fluctuations in oil and natural gas prices affecting customer spending","intense competition in the energy equipment and services sector","risks associated with international operations and foreign currency exchange rate volatility"]
What changed in the latest 10-Q
AI-assisted comparison of FET's 10-Q filed 2026-05-01 against the prior one filed 2025-10-31.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to Form 10-K filed February 27, 2026 (newer filing, 2026-05-01)
- Company description simplified to 'FET optimizes customer operations' in opening sentence (newer filing)
- Removal of 'With headquarters in Houston, Texas' descriptor (newer filing omits this)
- Revenue metric updated to 'three months ended March 31, 2026' showing approximately 75% from consumable products (newer filing, 2026-05-01)
- Energy demand phrasing changed from 'many decades' to 'foreseeable future' (newer filing, 2026-05-01)
- Removal of phrase 'while renewable energy sources develop to scale' (newer filing omits)
- Addition of new 'Market Conditions' section discussing geopolitical developments in Middle East during Q1 2026, including military actions involving U.S., Israel and Iran (newer filing, 2026-05-01)
- Addition of discussion about tightening supply conditions, reduced export capacity, constrained shipping, and risk premium incorporation into commodity pricing (newer filing, 2026-05-01)
- Addition of statement about Supreme Court ruling on tariffs under International Emergency Economic Powers Act (newer filing, 2026-05-01, text appears truncated)
- Global rig count described as 'increased modestly compared to fourth quarter 2025 but were lower than prior-year period' (newer filing, 2026-05-01)
- Removed:
- Reference to Form 10-K filed March 3, 2025 (older filing, 2025-10-31)
- Nine-month revenue data (September 30, 2025) showing approximately 80% from consumable products (older filing)
- Description as 'global manufacturing company' in opening (older filing)
- With headquarters in Houston, Texas location descriptor (older filing)
- Phrase 'we remain focused on serving our customers in both oil and natural gas as well as renewable energy applications' (older filing, 2025-10-31)
- Market Conditions section discussing third quarter 2025 oil and natural gas prices (older filing, 2025-10-31)
- Discussion of OPEC+ production return and Trump Administration trade policy changes (older filing)
- Global drilling rig count decrease of 7.7% in Q3 2025 vs Q3 2024 (older filing)
- Discussion of recessionary fears and trade policy uncertainty (older filing)
- Statement about expected global rig count remaining below full year 2024 average (older filing)
- Reworded:
- Market Conditions opening: changed from 'directly related to our customers' capital and operating budgets' to 'highly correlated with the global drilling rig count' (newer filing, 2026-05-01)
- Energy demand outlook: 'world's long-term energy demand will continue to rise for the foreseeable future' vs. 'many decades' (newer filing, 2026-05-01)
- Hydrocarbon role phrasing: 'Hydrocarbons are expected to play a vital role...even as renewable energy sources grow in importance' vs. 'while renewable energy sources develop to scale' (newer filing, 2026-05-01)
- Notes:
- Newer filing text appears truncated mid-sentence regarding Supreme Court tariff ruling, limiting full comparison of that section
- Comparison is between Q1 2026 filing and Q3 2025 filing, representing different reporting periods and market conditions
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 2 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 2 sells ($353172) — 1 selling insider
- Last 90 days0 buys · 2 sells ($353172) — 1 selling insider
- Last 180 days0 buys · 3 sells ($519642) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-03. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about FET's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding FET as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,485,770
- Reported value $87,155,210
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 5 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
FET had 737,720 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
FET had 6.53% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.47 days to cover at the same settlement.
- Reported short interest (shares) 737,720
- Short interest (% of shares outstanding) 6.53%
- Prior settlement (shares) 778,759
- Reported change -5.27%
- Days to cover (reported) 4.47
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare FET vs…
Frequently asked questions
What does FORUM ENERGY TECHNOLOGIES INC (FET) do?
Forum Energy Technologies provides drilling, completion, production, and subsea equipment and services to the oil and natural gas industry. The company designs, manufactures, and supports a diverse range of capital equipment and related consumables for both land and offshore energy operations globally.
What sector is FORUM ENERGY TECHNOLOGIES INC (FET) in?
FORUM ENERGY TECHNOLOGIES INC (FET) is classified in the Energy sector. Its industry is oilfield services and equipment. It trades on NYSE.
Who are FORUM ENERGY TECHNOLOGIES INC's (FET) competitors?
Notable peers of FORUM ENERGY TECHNOLOGIES INC (FET) include NOV Inc., TechnipFMC, Weatherford International, SLB and Baker Hughes. This peer set is informational only — not financial advice.
Is FORUM ENERGY TECHNOLOGIES INC (FET) overbought or oversold right now?
FORUM ENERGY TECHNOLOGIES INC (FET) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 61, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on FET come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.