Forum Energy Technologies, Inc. (FET)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
$67.60-8.25%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · FET
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Grow full year 2026 revenue to between $870 million and $910 million, reflecting market share gains and backlog conversion.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=1774).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
These results reflect broad-based growth, continued market share gains, and disciplined execution.
Stated in 3 of 3 supplied quarters. Management reported: “This performance will be driven by backlog conversion, cost savings, and market share gains.” “However, with a strong start to the year, we are raising the mid-point of our full year 2026 adjusted EBITDA guidance range to $103 million, a 20% percent increase over 2025 results.”” Operating income was $19.961 million in 2026-Q3.
“These results reflect broad-based growth, continued market share gains, and disciplined execution.”
“By executing our 'Beat the Market' strategy and delivering solid operational performance, we achieved a stellar quarter.”
“This performance will be driven by backlog conversion, cost savings, and market share gains.”
Also in the third quarter, we acquired Premiere Torque Rings, adding differentiated technology and a trusted brand that expands FET’s addressable market and global growth opportunities.
Stated in 1 of 3 supplied quarters. Management reported: “Also in the third quarter, we acquired Premiere Torque Rings, adding differentiated technology and a trusted brand that expands FET’s addressable market and global growth opportunities.”
“Also in the third quarter, we acquired Premiere Torque Rings, adding differentiated technology and a trusted brand that expands FET’s addressable market and global growth opportunities.”
Pursue revenue growth supported by market demand, market-share gains, and backlog, while updating full-year guidance.
Generate free cash flow, reduce net debt and leverage, and use cash generation to support capital returns and strategic opportunities.
Over the trailing year it converted -1.27x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to long-term interest rates, real (inflation-adjusted) rates, the US dollar, Fed net liquidity (low R² over the window).
11 material management or governance events in the past 24 months, led by executive changes. Historically, Energy names rated stable grew net income 61% of the time over the next year (vs 57% for the rest of the cohort, n=1671).
Not investment advice. As of 2026-11-05.