FET
Forum Energy Technologies, Inc.
OIL & GAS FIELD MACHINERY & EQUIPMENT
Forum Energy Technologies (FET) Stock: Buy, Sell, or Hold?
$75.77
+3.69 (+5.12%)
▲
5d:
+2.84%
30d:
-10.9%
90d:
-8.07%
QUANTITATIVE VERDICT
HOLD
MODERATE Confidence (84%)
Quality Score
56/100
Position
SLIGHTLY LOW
30-Day Fair Range
$75.23 – $87.96
Position: SLIGHTLY LOW
Forward P/E & Valuation
14.9x
CHEAP
vs 20.2x historical avg
Wall Street Target
$91.00
+20.1% upside
Options IV & Volume
HIGH Vol
HIGH volume confirmation
Support / Resistance
$67.50 / $91.99
Trend: Strong Uptrend
Executive Thesis & Bottom Line
Forward Earnings Fair Value & Price Prediction →
📊 HOLD: FET shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
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Interactive Price Chart (1 Month)
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Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$145.64
Based on 7.3% avg growth
INTRINSIC VALUE TODAY
$90.43
16.2% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 20.2x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: FET is currently trading at $75.77, which is considered slightly low relative to its 30-day fair value range of $75.23 to $87.96. From a valuation perspective, the stock is trading at a discount (Forward PE: 14.9) compared to its historical average (20.2). Remarkably, the market is currently pricing in an annual earnings decline of 9.7% over the next few years. This pessimistic expectation contrasts with the company's recent 72.1% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, FET is in a strong uptrend. Immediate support is located at $67.50, while resistance sits at $91.99. The stock is showing strong short-term momentum, up 5.1% recently.
Market Sentiment: The stock scores a mixed 58/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $91.00 (+20.1%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, FET is in a strong uptrend. Immediate support is located at $67.50, while resistance sits at $91.99. The stock is showing strong short-term momentum, up 5.1% recently.
Market Sentiment: The stock scores a mixed 58/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $91.00 (+20.1%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$75.23 -
$87.96
Company Quality Score
56/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
84.3%
Trading Range & Key Levels
30-Day Trading Range
$75.23 -
$87.96
Current vs Trading Range
SLIGHTLY LOW
Support Level
$67.50
Resistance Level
$91.99
Current Trend
Strong Uptrend
Technical data as of
Nov 11, 2026
Quantitative Signal Breakdown
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (58/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+5.1%)
- BULLISH: Trading 20.1% below Wall St target ($91.00)
- NEUTRAL: Bottoming setup forming (58/100) — watch for confirmation
Fundamental Context
Forward P/E (Next Year Est.)
14.93
Wall Street Target
$91.00
(+20.1%)
Revenue Growth (YoY)
20.7%
Earnings Growth (YoY)
72.1%
Profit Margin
3.5%
Valuation Discount vs History
-9.7% cheaper
PE vs Historical
14.9 vs 20.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.7%
(market-implied from PE analysis)
1-Year Target
$68.42
(-10%)
2-Year Target
$61.78
(-19%)
3-Year Target
$55.79
(-26%)
3-Yr Target (if PE normalizes)
(PE: 15→20)
$75.48
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 10.6%)
$136.23
(+80%)
Base:
(SPY PE: 14.9, Growth: 10.6%)
$102.42
(+35%)
Bear:
(PE: 12.7, Growth: 10.6%)
$87.05
(+15%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (28x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 28.38 | Current EPS (TTM): $2.54
Bull Case
$158.42
(+109%)
Analyst growth 99.8%, PE expands to 31.2
Base Case
$144.02
(+90%)
Market implied 99.8%, PE stable at 28.4
Bear Case
$49.01
(-35%)
Severe decline -20.0%, PE contracts to 24.1
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 14.9 to 20.2
Stabilization Target:
$102.52
(+35.3%)
PE Expansion Potential:
+35.3%
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bloggers & journalists: you are free to use our charts with attribution.Reddit & Retail Trader Sentiment (FET)
Bullish
2 Retail Mentions
Reddit / WSB Comments
1
Bearish
StockTwits Volume
1 msgs
24h retail stream
Last Tracked
Nov 6, 2026
Daily AI digest
AI Retail Discussion Summary:
A bullish trader on StockTwits has purchased additional shares of $FET, expressing confidence in the stock with no apparent reason given.
Aggregated from r/wallstreetbets, r/stocks & StockTwits streams.
View All Trending Reddit & WSB Stocks →
Last updated: November 12, 2026 9:04 AM ET
Data refreshes hourly during market hours. Next update: 10:04 AM
Data refreshes hourly during market hours. Next update: 10:04 AM
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Technical Signals Check
Is FET showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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