FET Should I Buy
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ET
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Forum Energy Technologies Inc (FET) is not a strong buy at the moment for a beginner investor with a long-term strategy. Despite some positive technical indicators, the lack of strong growth in financial performance, absence of significant trading trends, and no clear positive catalysts make it prudent to hold off on buying this stock right now.
The stock's technical indicators show mixed signals. The MACD is positive but contracting, RSI is neutral at 64.98, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its resistance level of 49.21, with support at 44.648. However, the regular market change (-1.20%) and post-market change (-1.17%) suggest weakness in the short term.
The MACD and moving averages are bullish, indicating potential upward momentum. The stock has a 60% chance of gaining 1.74% in the next week and 3.18% in the next month.
Revenue dropped by 5.57% YoY in Q3 2025, and gross margin declined significantly by 35.19%. There is no recent news or significant trading trends from hedge funds or insiders. Additionally, the stock experienced a regular market price drop of -1.20% and a post-market drop of -1.17%.
In Q3 2025, revenue declined by 5.57% YoY to $196.23M, and gross margin dropped significantly by 35.19% to 20.5%. However, net income improved by 38.74% YoY to -$20.55M, and EPS increased by 46.67% to -1.76.
No recent analyst ratings or price target changes are available for FET.
