Forum Energy Technologies, Inc. (FET): A Bull Case Theory

From Yahoo Finance: 2025-05-20 11:27:00

Forum Energy Technologies, Inc. (FET) faces challenges in a tough macro environment with declining oil prices and rig counts, impacting revenue. Despite cost cuts, FET maintains its 2025 free cash flow guidance of $40-$60 million, offering a 22-33% yield. Supply chain inflation and operational margins pose additional risks. Management aims to reduce the float significantly.

Bloom Energy Corporation (BE) is being touted as a top battery stock to buy by billionaires. The company is making waves in the energy sector as a potential investment opportunity. With increasing interest in renewable energy solutions, BE is one to watch in the battery stock market.

A bullish thesis on Forum Energy Technologies, Inc. (FET) highlights the company’s resilience in a challenging market. Trading at $16.31, FET’s forward P/E is 8.67, making it an attractive investment opportunity. Despite headwinds, management remains optimistic about future growth and cost-cutting measures to improve profitability.

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