Forum Energy Technologies (FET) Jumps Following Impressive Q4 2025 Results

The share price of Forum Energy Technologies, Inc. (NYSE:FET) surged by 15.26% between February 13 and February 20, 2026, putting it among the Energy Stocks that Gained the Most This Week.

Forum Energy Technologies, Inc. (NYSE:FET) designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally.

Forum Energy Technologies, Inc. (NYSE:FET) reported better-than-expected results for its Q4 2025 on February 20, with its adjusted earnings of $0.41 per share beating estimates by $0.05. Similarly, Forum’s revenue of just over $202 million also topped forecasts by $11.7 million. Meanwhile, the company’s free cash flow for the full year 2025 stood at $80 million.

Notably, Forum Energy Technologies, Inc. (NYSE:FET) revealed that it is entering 2026 with a backlog of $312 million, up 46% from a year ago and at its highest level in 11 years. Moreover, almost 12% of this backlog is from products developed in the last few years.

Forum Energy Technologies, Inc. (NYSE:FET) provided a strong outlook for FY 2026, with the company targeting a revenue of $800 million to $880 million for the year, representing a YoY growth of 6% at the midpoint. Similarly, Forum is projecting its EBITDA to grow by 16% YoY to $90 million to $110 million, with an adjusted net income of $18 million to $38 million. Meanwhile, free cash flow for the year is expected to come in between $55 million and $75 million.

While we acknowledge the potential of FET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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