FET:NYSEForum Energy Technologies, Inc. Analysis
Data as of 2026-09-24 - not real-time
$83.52
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Forum Energy Technologies, Inc. trades at $83.52, with its short-term moving averages stacked above the longer-term ones — a bullish trend structure. Relative strength is 62.6 — approaching overbought — and the MACD signal is bearish. Recent trading has carved out support near $74.26 and resistance around $84.20.
Valuation screens as fair: a P/E of 16.8 sits in line with the sector average of 17.5. Consensus targets land 9.0% above where the shares trade now. Revenue is growing at 13.2% on a -0.2% profit margin.
Risk comes out at 6 of a possible 10, a elevated reading. With 30-day volatility of 32.3%, a beta of 0.90 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Valuation screens as fair: a P/E of 16.8 sits in line with the sector average of 17.5. Consensus targets land 9.0% above where the shares trade now. Revenue is growing at 13.2% on a -0.2% profit margin.
Risk comes out at 6 of a possible 10, a elevated reading. With 30-day volatility of 32.3%, a beta of 0.90 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Top Market Events
Forum Energy Technologies doubled consensus earnings while raising full-year guidance across all metrics, now expecting...Seeking Alpha1monForum Energy forecasts 2026 revenue of $870M-$910M and EBITDA of $115M-$125M as Beat the Market...Yahoo Finance1monForum Energy Technologies, Inc.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 56.58
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- P/E of 16.8 versus sector average of 17.5
- Trading above the 200-day average of 56.58
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- P/E of 16.8 versus sector average of 17.5
- Negative profit margin of -0.2%
- Analyst targets imply +9.0% versus the current price
Key Metrics & Analysis
Financial Health
Revenue Growth13.20%
Profit Margin-0.19%
P/E Ratio16.8
ROE-0.51%
ROA2.69%
Debt/Equity78.51
P/B Ratio3.2
Op. Cash Flow$59.4M
Free Cash Flow$63.8M
Industry P/E17.5
Technical Analysis
TrendBullish
RSI62.6
Support$74.26
Resistance$84.20
MA 20$81.22
MA 50$73.59
MA 200$56.58
MACDBearish
VolumeDecreasing
Fear & Greed Index93.43
Valuation
Fair Value$101.75
Target Price$91.00
Upside/Downside8.96%
GradeFair
TypeBlend
Risk Assessment
Beta0.90
Volatility32.28%
Sector RiskHigh
Reg. RiskHigh
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.