Forum Energy Technologies (FET) Stock: Buy, Sell, or Hold?
FET - Forum Energy Technologies, Inc.
$83.02
2.06 (2.54%)
â˛
5d:
+1.4%
30d:
+0.19%
90d:
+58.47%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Oct 29, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: FET is fairly priced but lacks strong directional signals. At -7.4% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: FET is fairly priced but lacks strong directional signals. At -7.4% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$198.31
Based on 13.9% avg growth
INTRINSIC VALUE TODAY
$123.14
32.6% 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 21.1x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: FET is currently trading at $83.02, which is considered slightly high relative to its 30-day fair value range of $76.72 to $83.21. From a valuation perspective, the stock is trading at a discount (Forward PE: 16.7) compared to its historical average (21.1). Remarkably, the market is currently pricing in an annual earnings decline of 7.4% 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. The price is approaching resistance at $84.16. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: FET scores 16/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, FET is in a strong uptrend. The price is approaching resistance at $84.16. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: FET scores 16/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY HIGH
Historical Trading Range
$76.72 -
$83.21
Company Quality Score
43/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
38.1%
All Signals
- BEARISH: Weak technical setup (16/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($91.00)
- WARNING: Composite score 42/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$76.72 -
$83.21
Current vs Trading Range
SLIGHTLY HIGH
Support & Resistance Levels
Support Level
$77.10
Resistance Level
$84.16
Current Trend
Strong Uptrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.74
Wall Street Target
$91.00
(+9.6%)
Revenue Growth (YoY)
13.2%
Earnings Growth (YoY)
72.1%
Profit Margin
-0.2%
Valuation Discount vs History
-7.4% cheaper
PE vs Historical
16.7 vs 21.1
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-7.4%
(market-implied from PE analysis)
1-Year Target
$76.88
(-7%)
2-Year Target
$71.19
(-14%)
3-Year Target
$65.92
(-21%)
3-Yr Target (if PE normalizes)
(PE: 17â21)
$83.10
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 23.7%)
$189.32
(+128%)
Base:
(SPY PE: 16.7, Growth: 23.7%)
$157.11
(+89%)
Bear:
(PE: 14.2, Growth: 23.7%)
$133.54
(+61%)
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 16.7 to 21.1
Stabilization Target:
$104.66
(+26.1%)
PE Expansion Potential:
+26.1%
Share & Embed Analysis
Last updated: September 12, 2026 8:50 PM ET
Data refreshes hourly during market hours. Next update: 9:50 PM
Data refreshes hourly during market hours. Next update: 9:50 PM
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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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