Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Forum Energy Technologies, Inc. before investing.
In this article, we go over a few key elements for understanding Forum Energy Technologies, Inc.’s stock price such as:
- Forum Energy Technologies, Inc.’s current stock price and volume
- Why Forum Energy Technologies, Inc.’s stock price changed recently
- Upgrades and downgrades for FET from analysts
- FET’s stock price momentum as measured by its relative strength
About Forum Energy Technologies, Inc. (FET)
Before we jump into Forum Energy Technologies, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
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Forum Energy Technologies, Inc.’s Stock Price as of Market Close
As of February 24, 2026, 12:46 PM, CST, Forum Energy Technologies, Inc.’s stock price was $60.070.
Forum Energy Technologies, Inc. is up 2.51% from its previous closing price of $58.600.
During the last market session, Forum Energy Technologies, Inc.’s stock traded between $58.200 and $62.570. Currently, there are approximately 11.68 million shares outstanding for Forum Energy Technologies, Inc..
Forum Energy Technologies, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.
Forum Energy Technologies, Inc. Stock Price History
Forum Energy Technologies, Inc.’s (FET) price is currently up 32.78% so far this month.
During the month of February, Forum Energy Technologies, Inc.’s stock price has reached a high of $62.730 and a low of $43.830.
Over the last year, Forum Energy Technologies, Inc. has hit prices as high as $62.726 and as low as $12.780. Year to date, Forum Energy Technologies, Inc.’s stock is up 62.57%.
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What Caused Forum Energy Technologies, Inc. Stock’s Price to Rise?
Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?
When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 23, 2026, there was 1 analyst who downgraded Forum Energy Technologies, Inc.’s stock and 0 analysts who upgraded over the last month.
Additionally, you'll want to evaluate Forum Energy Technologies, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Forum Energy Technologies, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.
Forum Energy Technologies, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.
Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.
Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Forum Energy Technologies, Inc. (FET) by visiting AAII Stock Evaluator.
Relative Price Strength of Forum Energy Technologies, Inc.
Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.
For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.
As of February 23, 2026, Forum Energy Technologies, Inc. has a weighted four-quarter relative price strength of 46.57%, which translates to a Momentum Score of 97 and is considered to be Very Strong.
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Forum Energy Technologies, Inc. Stock Price: Bottom Line
As of February 24, 2026, Forum Energy Technologies, Inc.’s stock price is $60.070, which is up 2.51% from its previous closing price.
AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Forum Energy Technologies, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.
Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.
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