FET Stock Summary and Trading Ideas (Forum Energy Technologies | NYSE:FET)

Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.

Forum Energy Technologies trades on the NYSE stock market under the symbol FET.

As of July 6, 2026, FET stock price declined to $46.55 with 261,089 million shares trading.

FET has a beta of -0.18, meaning it tends to be less sensitive to market movements. FET has a correlation of 0.00 to the broad based SPY ETF.

FET has a market cap of $527.35 million. This is considered a Small Cap stock.

Last quarter Forum Energy Technologies reported $209 million in Revenue and $.47 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.03.

In the last 3 years, FET traded as high as $65.43 and as low as $12.78.

The top ETF exchange traded funds that FET belongs to (by Net Assets): AVUV, VTI, IWM, VXF, ROKT.

FET has outperformed the market in the last year with a return of +138.7%, while the SPY ETF gained +21.3%. However, in the most recent history, FET shares have underperformed the stock market with its stock returning -21.3% in the last 3 month period and -9.3% for the last 2 week period, while SPY has returned +14.3% and +0.9%, respectively.

FET support price is $45.50 and resistance is $48.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FET shares will trade within this expected range on the day.