FET Stock Analysis: Buy, Sell, or Hold?
FET - Forum Energy Technologies, Inc.
$50.23
-1.10 (-2.14%)
▼
5d:
-1.97%
30d:
-14.14%
90d:
-14.99%
BUY
HIGH Confidence
Analysis Updated: Jun 23, 2026 12:00 AM ET
Earnings: Aug 06, 2026
Get Alerted When FET Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
✅ BUY SIGNAL: FET appears deeply undervalued. Market expects -5.5% annual earnings decline despite 333% recent earnings growth. Contrarian opportunity at discount to historical valuation.
✅ BUY SIGNAL: FET appears deeply undervalued. Market expects -5.5% annual earnings decline despite 333% recent earnings growth. Contrarian opportunity at discount to historical valuation.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$118.57
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$73.62
31.8% 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 22.1x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: FET is currently trading at $50.23, which is considered oversold relative to its 30-day fair value range of $50.49 to $55.86. From a valuation perspective, the stock is trading at a discount (Forward PE: 18.6) compared to its historical average (22.1). Remarkably, the market is currently pricing in an annual earnings decline of 5.5% over the next few years. This pessimistic expectation contrasts with the company's recent 333.3% 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 $48.86. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $67.00 (+30.5%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, FET is in a uptrend. The price is currently testing key support at $48.86. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $67.00 (+30.5%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$50.49 -
$55.86
Company Quality Score
56/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 30.5% below Wall St target ($67.00)
Trading Range Analysis
30-Day Trading Range
$50.49 -
$55.86
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$48.86
Resistance Level
$56.34
Current Trend
Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
18.63
Wall Street Target
$67.00
(+30.5%)
Revenue Growth (YoY)
8.0%
Earnings Growth (YoY)
333.3%
Profit Margin
-0.8%
Valuation Discount vs History
-5.5% cheaper
PE vs Historical
18.6 vs 22.1
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.5%
(market-implied from PE analysis)
1-Year Target
$48.51
(-6%)
2-Year Target
$45.84
(-11%)
3-Year Target
$43.32
(-16%)
3-Yr Target (if PE normalizes)
(PE: 19→22)
$51.38
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 27.5%)
$124.50
(+143%)
Base:
(SPY PE: 18.6, Growth: 27.5%)
$106.51
(+108%)
Bear:
(PE: 15.8, Growth: 27.5%)
$90.53
(+76%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 18.6 to 22.1
Stabilization Target:
$60.89
(+18.6%)
PE Expansion Potential:
+18.6%
Share & Embed Analysis
Last updated: June 23, 2026 3:56 PM ET
Data refreshes hourly during market hours. Next update: 4:56 PM
Data refreshes hourly during market hours. Next update: 4:56 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
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
Top Rated Oil & Gas Equipment & Services Stocks
Top-rated stocks in Oil & Gas Equipment & Services by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
SLB
Schlumberger NV |
STRONG BUY
30 analysts |
$62 | 54 HOLD |
|
HAL
Halliburton Company |
STRONG BUY
27 analysts |
$44 | 57 HOLD |
|
BKR
Baker Hughes Co |
STRONG BUY
27 analysts |
$71 | 43 HOLD |
|
FTI
TechnipFMC PLC |
BUY
22 analysts |
$76 | 55 HOLD |
|
NOV
NOV Inc. |
BUY
24 analysts |
$22 | 57 HOLD |
