Forum Energy Stock Target Price and Analyst Consensus

FET Stock  USD 14.89  0.11  0.74%   
The current analyst and expert consensus on Forum Energy is Strong Sell, with no strong buy opinions. The current projected Forum Energy target price consensus is 30.00 with 0 analyst opinions. Check out Macroaxis Advice on Forum Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Forum Energy Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Forum Energy executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Forum Energy. We encourage you to use your own analysis of Forum Energy Technologies to validate this buy or sell advice. Forum Energy buy-or-sell recommendation module provides average expert sentiment on the projected Forum Energy Technologies target price to derive its highest and lowest estimates based on projected price volatility of 2.3231.
Lowest Forecast
27.3
Highest Forecast
33.3
Target Price
30
At this time, Forum Energy's Operating Profit Margin is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.28 in 2024, whereas Gross Profit is likely to drop slightly above 203.6 M in 2024. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2024, whereas Current Deferred Revenue is likely to drop slightly above 13 M in 2024.
  
It's important to approach Forum Energy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Forum Energy price targets

Forum Energy's stock target price is an estimate of its future price, usually made by analysts. Using Forum Energy's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Forum Energy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Forum Energy's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Forum Energy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Forum Energy is a key component of Forum Energy valuation and have some predictive power on the future returns of a Forum Energy.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forum Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.6014.9217.24
Details
Intrinsic
Valuation
LowRealHigh
13.4018.8021.12
Details
Naive
Forecast
LowNextHigh
11.4513.7816.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.11-0.11-0.11
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Cash Cows Idea
Cash Cows
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
FinTech Idea
FinTech
Invested over 40 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Corona Opportunity Idea
Corona Opportunity
Invested few shares
Military Industrial Idea
Military Industrial
Sold few shares
Wireless Idea
Wireless
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares

Additional Tools for Forum Stock Analysis

When running Forum Energy's price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.