Forum Energy Technologies, Inc. (FET) Price Target Analysis

Analyst Rating: Hold

Based on 31 analysts

No Target Data

FET trades at Wall Street's consensus target of —.

Current Price$51.52

Average Target—

Low—

Median—

High—

Analyst Target Range

Forward P/E23.9x

(Fair)

PEG Ratio—

Implied Growth+499.8%

(High Growth)

Analyst Spread—

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$51.52

Consensus—

High—

Low—

Consensus Scenario Assumptions

The base valuation assumes FET achieves its forward estimates and maintains a stable P/E multiple of 23.9x. This scenario reflects the blended consensus of 31 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 31 published analyst recommendations for FET

55% hold / mixed conviction

BearishBullish

Weighted analyst sentiment score based on 31 ratings

ConsensusHold

Coverage31 Analysts

Net Score+13

Bull / Bear35% / 10%

Strong Buy00%

Buy1135%

Hold1755%

Sell310%

Strong Sell00%

Strong Buy

00%

Buy

1135%

Hold

1755%

Sell

310%

Strong Sell

00%

Recommendation Mix35% Buy · 55% Hold · 10% Sell

Buy (11)Hold (17)Sell (3)

FET Price Target Analysis

Updated June 22, 2026

As of June 22, 2026, Forum Energy Technologies, Inc. (FET) has a Wall Street consensus price target of N/A, based on estimates from 31 covering analysts. The company has a market capitalization of $584M.

Analyst price targets range from a low of N/A to a high of N/A.

The current analyst consensus rating is Hold, with 11 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 3 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.

From a valuation perspective, FET trades at a trailing P/E of -63.6x and forward P/E of 23.9x. Analysts expect EPS to grow +499.8% over the next year.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.

Analyst Sentiment Comparison

Industry Peer Analysis

Avg Peer Upside

+16.9%

Industry Consensus

Avg Forward P/E

78.2x

(High Premium)

Peers with Coverage

9 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
DNOWDnow Inc.	$1.6B	$13.50	$16.50	+22.2%	Buy	37.9x	16
WTTRSelect Water Solutions, Inc.	$2.0B	$17.70	$22.00	+24.3%	Buy	33.4x	15
NOVNOV Inc.	$6.7B	$18.66	$21.00	+12.5%	Hold	22.3x	58
RESRPC, Inc.	$1.5B	$6.58	$7.50	+14.0%	Hold	33.9x	36
NCSMNCS Multistage Holdings, Inc.	$130M	$49.45	—	—	—	14.5x	—
PUMPProPetro Holding Corp.	$1.8B	$14.75	$16.67	+13.0%	Buy	426.3x	30
LBRTLiberty Energy Inc.	$4.4B	$27.18	$34.71	+27.7%	Buy	101.9x	19
ACDCProFrac Holding Corp.	$1.1B	$6.07	$6.00	-1.2%	Hold	—	6
HALHalliburton Company	$29.2B	$34.93	$39.64	+13.5%	Buy	14.8x	64
SLBSLB N.V.	$72.2B	$48.09	$60.46	+25.7%	Buy	18.6x	66

FET — Frequently Asked Questions

Quick answers to the most common questions about buying FET stock.

What is the FET stock price target for 2026?

The consensus price target for FET is $N/A, close to the current price of $51.52 (N/A% implied move). Based on 31 analyst estimates, the stock appears fairly valued near current levels.

Is FET a buy, sell, or hold?

FET has a consensus rating of "Hold" based on 31 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $N/A implies N/A% upside from current levels.

Is FET stock overvalued or undervalued?

FET trades at a forward P/E of 23.8519x, representing a moderate valuation. With analysts targeting $N/A (N/A% implied move), the stock appears close to fair value.

How high can FET stock go?

The most bullish Wall Street analyst has a price target of $N/A for FET, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. These targets typically reflect 12-month expectations.

How many analysts cover FET stock?

FET is heavily covered by Wall Street, with 31 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 17 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the FET stock forecast?

The 12-month FET stock forecast based on 31 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Hold".

What is FET's forward P/E ratio?

FET trades at a forward P/E ratio of 23.9x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy FET stock?

FET appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do FET price targets vary so much?

FET analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground.

Consensus-Based Analysis Tools