Forum Energy Technologies, Inc. (FET) Social Stream
Forum Energy Technologies Inc (FET) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Forum Energy Technologies Inc.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 1 | $30 | $30 | $30 | $23.56 | 27.33% |
Price Target Last Issued November 8, 2021
The Trend in the Analyst Price Target
Over the past 33 weeks, FET's average price target has gone up $10.
Over the past 30 weeks, FET's average upside potential has been 25.63%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-22 | 1 | 28 | 28 | 28 | 22.53 | 24.28% |
| 2021-07-10 | 1 | 28 | 28 | 28 | 23.98 | 16.76% |
| 2021-08-05 | 1 | 28 | 28 | 28 | 19.99 | 40.07% |
| 2021-08-14 | 1 | 28 | 28 | 28 | 19.38 | 44.48% |
| 2021-09-20 | 1 | 28 | 28 | 28 | 19.62 | 42.71% |
FET Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 1 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
Over the past 16 months, FET's average broker recommendation rating improved by 0.8.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- Forum Energy Technologies Inc's number of analysts covering the stock is greater than just about none of of all US stocks.
- In terms of how Forum Energy Technologies Inc fares relative to all US stocks, note that its variance in analysts' estimates is lower than just about 100% of that group.
- In terms of how Forum Energy Technologies Inc fares relative to Energy stocks, note that its upside potential (average analyst target price relative to current price) is higher than 92.11% of that group.
- FET has a greater average analyst price target than 28.46% of Machinery stocks.
Stocks similar to Forum Energy Technologies Inc in the Machinery industry regarding analyst recommendations and price targets are DRQ, DNOW, and KMT.
Is FET a Buy, Hold or Sell? See the POWR Ratings now!