Forum Energy Technologies (FET) Expected to Release Earnings on Thursday

Forum Energy Technologies (NYSE:FET) is expected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Forum Energy Technologies to post earnings of $0.57 per share and revenue of $212.35 million for the quarter. Individuals can find conference call details on 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 posted its earnings results on Thursday, April 30th. The oil and gas company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.03. Forum Energy Technologies had a positive return on equity of 4.15% and a negative net margin of 0.78%.The firm had revenue of $208.70 million for the quarter, compared to analysts’ expectations of $201.30 million. 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 Price Performance

Shares of Forum Energy Technologies stock opened at $57.67 on Thursday. The company has a quick ratio of 1.09, a current ratio of 2.23 and a debt-to-equity ratio of 0.54. Forum Energy Technologies has a twelve month low of $18.12 and a twelve month high of $65.43. The business has a 50-day moving average price of $52.16 and a 200 day moving average price of $52.85. The firm has a market cap of $651.91 million, a PE ratio of -97.75, a P/E/G ratio of 3.31 and a beta of 0.54.

Insider Transactions at Forum Energy Technologies

In related news, SVP Michael Dewayne Danford sold 3,000 shares of Forum Energy Technologies 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 sale, the senior vice president directly owned 54,139 shares in the company, valued at approximately $3,004,173.11. The trade was a 5.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 7.70% of the company’s stock.

Hedge Funds Weigh In On Forum Energy Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in FET. Meeder Asset Management Inc. acquired a new stake in shares of Forum Energy Technologies in the fourth quarter worth approximately $35,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Forum Energy Technologies in the 4th quarter valued at $37,000. Tower Research Capital LLC TRC lifted its holdings in Forum Energy Technologies by 558.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,088 shares of the oil and gas company’s stock valued at $41,000 after purchasing an additional 1,771 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Forum Energy Technologies in the 4th quarter valued at $75,000. Finally, Osaic Holdings Inc. acquired a new stake in Forum Energy Technologies during the 2nd quarter worth $78,000. Hedge funds and other institutional investors own 65.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FET. Zacks Research downgraded Forum Energy Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Forum Energy Technologies in a research report on Friday, July 17th. Finally, Wall Street Zen raised Forum Energy Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 5th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company 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.