FET, US34984V2097

Forum Energy Technologies stock heads into October 29 results

Published on 10/08/2026 at 01:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Forum Energy Technologies stock faces October 29, 2026 results after Q2 EPS of USD 1.16 beat USD 0.56 consensus. Full-year revenue guidance spans USD 870-910 million.

FET, US34984V2097, Illustration mit AI erstellt.

Forum Energy Technologies stock (ISIN US34984V2097) was last at USD 82.30 on the NYSE at 4:00 p.m. ET on October 7, 2026, down 2.52 percent from the prior session. The next scheduled checkpoint is the company's third-quarter report on October 29, 2026, according to MarketBeat.

Q2 earnings beat estimates

Forum Energy Technologies reported quarterly EPS of USD 1.16 for the second quarter of 2026, compared with USD 0.56 consensus, according to MarketBeat. The same report placed revenue at USD 226.22 million against an estimate of USD 212.35 million, giving the company a stronger operating base before the October report.

The quarterly revenue figure also matches the period ending June 30, 2026, in the company's financial statements. Net income for that quarter was USD 12.41 million, while operating cash flow was USD 12.43 million.

Guidance points to higher scale

For full-year 2026, Forum Energy Technologies raised revenue guidance to USD 870-910 million and adjusted EBITDA guidance to USD 115-125 million, as Zacks reported on September 7, 2026. The guidance implies faster adjusted EBITDA growth than revenue growth, making execution in the Drilling and Completions and Artificial Lift and Downhole businesses central to the next report.

Forum Energy Technologies describes itself as a provider of equipment and services for oil and natural gas, industrial and renewable energy markets. Its investor-relations materials highlight coiled tubing products, artificial lift technologies, downhole equipment and subsea solutions, linking the business to both recurring consumables and project-based demand.

Market value remains below yearly high

Forum Energy Technologies had a market capitalization of USD 930.3 million on October 7, 2026. Its 52-week range was USD 25.24 to USD 89.93, leaving the October 7 price 8.5 percent below the yearly high.

The next report therefore matters for the conversion of guidance into revenue, earnings and cash flow. The company enters that date with second-quarter revenue above consensus and a full-year adjusted EBITDA target of USD 115-125 million.