Northland argues that Flotek "wrapped up 2025 with strong numbers" and that the company is executing well and building momentum in Data Analytics. However, Flotek changed its adjusted EBITDA definition, so headlines may look like a "miss," but the firm says Q4 was in-line and it would be buyers on any weakness related to this, adds the analyst, who keeps an Outperform rating and $22 price target on the shares.
