$14.71
4.73% yesterday
NYSE, Nov 15, 10:00 pm CET
ISIN
US34984V1008
Symbol
FET

Forum Energy Technologies, Inc. Target price 2024 - Analyst rating & recommendation

Forum Energy Technologies, Inc. Classifications & Recommendation:

Hold
100%

Forum Energy Technologies, Inc. Price Target

Target Price $30.00
Price $14.71
Potential
Number of Estimates 1
1 Analyst has issued a Forum Energy Technologies, Inc. price target 2025. The average Forum Energy Technologies, Inc. target price is $30.00. This is higher than the current stock price.
A rating was issued by 1 analysts: 0 Analysts recommend Forum Energy Technologies, Inc. to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Forum Energy Technologies, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Forum Energy Technologies, Inc. stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 738.86 817.25
5.57% 10.61%
EBITDA Margin 7.92% 10.08%
20.37% 27.33%
Net Margin -3.07% -4.08%
382.66% 32.69%

2 Analysts have issued a sales forecast Forum Energy Technologies, Inc. 2024 . The average Forum Energy Technologies, Inc. sales estimate is

$817m
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. This is
2.08% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$817m 2.08%
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, the lowest is
$817m 2.07%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $739m 5.57%
2024
$817m 10.61%
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2025
$824m 0.85%
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2 Analysts have issued an Forum Energy Technologies, Inc. EBITDA forecast 2024. The average Forum Energy Technologies, Inc. EBITDA estimate is

$82.4m
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. This is
0.53% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$102m 22.77%
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, the lowest is
$63.1m 23.83%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $58.5m 27.07%
2024
$82.4m 40.88%
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2025
$101m 22.57%
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EBITDA Margin

2023 7.92% 20.37%
2024
10.08% 27.33%
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2025
12.25% 21.53%
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2 Forum Energy Technologies, Inc. Analysts have issued a net profit forecast 2024. The average Forum Energy Technologies, Inc. net profit estimate is

$-33.3m
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. This is
35.97% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-30.7m 41.04%
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, the lowest is
$-36.0m 30.90%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-22.7m 398.39%
2024
$-33.3m 46.76%
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2025
$7.7m 123.22%
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Net Margin

2023 -3.07% 382.66%
2024
-4.08% 32.69%
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2025
0.94% 123.04%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.85 -2.72
398.39% 47.03%
P/E negative
EV/Sales 0.53

2 Analysts have issued a Forum Energy Technologies, Inc. forecast for earnings per share. The average Forum Energy Technologies, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-2.72
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. This is
35.85% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-2.50 41.04%
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, the lowest is
$-2.93 30.90%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-1.85 398.39%
2024
$-2.72 47.03%
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2025
$0.63 123.16%
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P/E ratio

Current -3.47 62.61%
2024
-5.42 56.20%
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2025
23.35 530.81%
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Based on analysts' sales estimates for 2024, the Forum Energy Technologies, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.55 5.77%
2024
0.53 2.82%
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2025
0.53 0.84%
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P/S ratio

Current 0.23 26.84%
2024
0.22 2.04%
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2025
0.22 0.86%
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