FET Stock Analysis: Buy, Sell, or Hold?
FET - Forum Energy Technologies, Inc.
$77.42
-1.18 (-1.50%)
âŧ
5d:
-9.3%
30d:
+34.53%
90d:
+32.34%
WAIT
LOW Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Jul 30, 2026
0d
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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 -9.2% 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 -9.2% 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
$188.62
Based on 13.0% avg growth
INTRINSIC VALUE TODAY
$117.12
33.9% 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 21.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: FET is currently trading at $77.42, which is considered slightly high relative to its 30-day fair value range of $55.23 to $80.69. From a valuation perspective, the stock is trading at a discount (Forward PE: 16.1) compared to its historical average (21.5). Remarkably, the market is currently pricing in an annual earnings decline of 9.2% 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 uptrend. The price is currently testing key support at $75.30. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: FET scores 15/100 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 uptrend. The price is currently testing key support at $75.30. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: FET scores 15/100 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
$55.23 -
$80.69
Company Quality Score
33/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
38.1%
All Signals
- BEARISH: Weak technical setup (15/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($78.00)
- WARNING: Composite score 33/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$55.23 -
$80.69
Current vs Trading Range
SLIGHTLY HIGH
Support & Resistance Levels
Support Level
$75.30
Resistance Level
$87.42
Current Trend
Uptrend
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.10
Wall Street Target
$78.00
(+0.7%)
Revenue Growth (YoY)
13.2%
Earnings Growth (YoY)
72.1%
Profit Margin
-0.2%
Valuation Discount vs History
-9.2% cheaper
PE vs Historical
16.1 vs 21.5
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.2%
(market-implied from PE analysis)
1-Year Target
$70.30
(-9%)
2-Year Target
$63.83
(-18%)
3-Year Target
$57.96
(-25%)
3-Yr Target (if PE normalizes)
(PE: 16â22)
$77.42
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.1, Growth: 21.9%)
$174.98
(+126%)
Base:
(SPY PE: 16.1, Growth: 21.9%)
$140.33
(+81%)
Bear:
(PE: 13.7, Growth: 21.9%)
$119.28
(+54%)
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 16.1 to 21.5
Stabilization Target:
$103.42
(+33.6%)
PE Expansion Potential:
+33.6%
Share & Embed Analysis
Last updated: August 23, 2026 7:12 PM ET
Data refreshes hourly during market hours. Next update: 8:12 PM
Data refreshes hourly during market hours. Next update: 8:12 PM
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Technical Signals Check
Is FET showing a specific setup today?
Insider Activity (6 Months)
0
Buys
1
Sells
Net
INSIDERS SELLING
Recent Transactions
John C Ivascu
SELL
4392 shares
2026-03-02
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