What is Sidoti Csr’s Estimate for FET Q2 Earnings?

Forum Energy Technologies, Inc. (NYSE:FET) – Investment analysts at Sidoti Csr upped their Q2 2026 earnings estimates for Forum Energy Technologies in a research note issued to investors on Wednesday, February 4th. Sidoti Csr analyst S. Ferazani now forecasts that the oil and gas company will earn $0.44 per share for the quarter, up from their previous forecast of $0.43. Sidoti Csr also issued estimates for Forum Energy Technologies’ Q3 2026 earnings at $0.89 EPS, FY2026 earnings at $2.58 EPS and FY2027 earnings at $4.35 EPS.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Forum Energy Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research raised shares of Forum Energy Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Forum Energy Technologies in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Forum Energy Technologies Stock Up 4.9%

Shares of NYSE FET opened at $47.77 on Thursday. The stock has a market cap of $543.62 million, a PE ratio of -5.06, a price-to-earnings-growth ratio of 3.46 and a beta of 0.64. The company has a quick ratio of 1.01, a current ratio of 2.19 and a debt-to-equity ratio of 0.47. Forum Energy Technologies has a 52-week low of $12.78 and a 52-week high of $48.67. The business has a 50-day moving average price of $39.13 and a 200 day moving average price of $30.71.

Institutional Trading of Forum Energy Technologies

Several hedge funds have recently made changes to their positions in the company. Keyframe Capital Partners L.P. boosted its holdings in shares of Forum Energy Technologies by 8.5% in the second quarter. Keyframe Capital Partners L.P. now owns 848,519 shares of the oil and gas company’s stock valued at $16,521,000 after acquiring an additional 66,322 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Forum Energy Technologies by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 591,741 shares of the oil and gas company’s stock valued at $15,806,000 after purchasing an additional 21,033 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Forum Energy Technologies by 3.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 296,996 shares of the oil and gas company’s stock valued at $7,906,000 after purchasing an additional 8,917 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Forum Energy Technologies by 62.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 262,316 shares of the oil and gas company’s stock valued at $7,006,000 after purchasing an additional 100,720 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Forum Energy Technologies by 69.4% during the 2nd quarter. American Century Companies Inc. now owns 234,735 shares of the oil and gas company’s stock worth $4,570,000 after purchasing an additional 96,175 shares during the period. Institutional investors and hedge funds own 65.60% of the company’s stock.

About Forum Energy Technologies

Forum Energy Technologies Inc is a global provider of advanced products and services to the oil and gas industry. The company’s offerings span the full lifecycle of exploration and production, including drilling, well construction, completion and production, and subsea operations. Key product lines include premium drill bits, downhole drilling motors, directional drilling tools, subsea umbilicals, and pressure control equipment, complemented by field service support and engineered solutions for complex projects.

Established through the merger of Forum Oilfield Technologies, Triton Group, Global Energy Group, and Allen International in 2010, Forum Energy Technologies has built a diversified technology portfolio designed to meet evolving industry requirements.