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FET
$58.74-4.13 (-6.57%)
Market ClosedLast close May 1
Forum Energy Technologies, Inc.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Forum Energy Technologies, Inc. in the Energy sector is trading at $58.74. The stock is currently near its 52-week high of $65.43, remaining 53.4% above its 200-day moving average. Technical signals show neutral RSI of 44 and bullish MACD crossover, explaining why FET maintains its current momentum and trend strength. The Whystock Score of 85/100 reflects a high-conviction bullish alignment.
Ecosystem Influences
Neutral momentum (RSI 44) — price action in range
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
XOMCVXCOP
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$58.74
Potential Upside
5%
Whystock Fair Value$61.68
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Fundamentals
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; ...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$686.29M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
Defensive asset. Lower volatility than the S&P 500.
0.58
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
-37.61%
Volume
Today's trading volume
404,137
Recent News
Forum Energy Technologies (FET) Surpasses Q1 Earnings and Revenue Estimates
Forum Energy (FET) delivered earnings and revenue surprises of +6.82% and +3.68%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Recent Price Trend in Forum Energy (FET) is Your Friend, Here's Why
Forum Energy (FET) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Solaris Energy Infrastructure, Inc. (SEI) Q1 Earnings and Revenues Surpass Estimates
Solaris Energy Infrastructure, Inc. (SEI) delivered earnings and revenue surprises of +72.55% and +8.47%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Are Oils-Energy Stocks Lagging Forum Energy Technologies (FET) This Year?
Here is how Forum Energy Technologies (FET) and TotalEnergies SE Sponsored ADR (TTE) have performed compared to their sector so far this year.
New Strong Buy Stocks for April 27th
FET, NVDA, TXN, DOW and CF have been added to the Zacks Rank #1 (Strong Buy) List on April 27th, 2026.