What is FET's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for FET.

Stock Ratings / Consumer Discretionary / FET / options

HMH (51) OIS (51) FLOC (74) INVX (73) ⌘ Pro Terminal →

Forum Energy Technologies Inc. (FET) Options Positioning, Max Pain & Unusual Sweeps

$77.62 -8.62% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $76.27

Forum Energy Technologies Inc. (FET) carries a Roarable Rating of D+ (Sell) with 57/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D+ • SELL / AVOID Cap $974.5M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FET Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FET stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Forum Energy Technologies Inc. (NYSE: FET) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 57/100 at a spot price of $77.62 (-8.62% 1D, market cap $974.5M). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 14/20, SEC Balance-Sheet Forensics 10/20, FRED Macro Regime Fit 13/20, and Executive Insider Alignment 12/20. Across 1009 tracked Consumer Discretionary issuers, FET ranks #396 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FET compare to HMH and OIS in the Consumer Discretionary sector?

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Within the Consumer Discretionary sector (Oil and Gas Field Machinery), FET carries a Roarable D+ (57/100 RQD), trailing P/E of N/A, gross margin of 27.7%, and ROIC of 6.1%. By comparison, HMH (HMH Holding Inc. (Class A)) holds a D grade (51/100 RQD, P/E N/A, ROIC —, cap $835.1M) and OIS (Oil States International Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC -15.4%, cap $579.1M). Among the 5-stock peer group, INVX leads on earnings multiple (25.2x) while FLOC leads on capital efficiency (30.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FET?

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Per FET's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001401257), Forum Energy Technologies Inc. generated $791.5M in revenue (-3.1% YoY), -$9.7M in net income, and $64.4M in free cash flow against $752.5M in total assets and $134.5M in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $76.27 (-1.74%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 8/20 (D-) • 8.1% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 57/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.2% avg 90D alpha vs SPY • 52.2% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

2-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D+ · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE-0.5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FET)Realized 20D OHLCV Swing Band: ±10.7%

Deterministic 5-Pillar Attribution (57/100 Composite)

🔍 WHY FET SCORES 57/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+14/20 pts (25% of score)

20D Institutional Volume Accumulation (±10.7% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+13/20 pts (23% of score)

FRED Regime × Technicals: 78% of 52W Range • RSI-14 at 50.2 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Cash Engine Quality8/20 pts (-12 pt drag)

Capital intensity & 3.8% operating margin leave 12 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C+$85.04-1% Next Q

Q2 (-2Q)

Grade C+$84.20+6.8% Next Q

Q3 (-1Q)

Grade C$89.95-13.7% Next Q

Current

Grade D+$77.62-0.2% Hist 90D α

Trajectory: C+ (65) → D+ (57)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the FET Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 57/100 (D+) score, FET faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-1.24% YoY Shares) — any gross margin slip below 25.2% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($82.97) or 200D SMA ($63.41) invalidates the momentum regime and cuts Target Base ($77.27) toward Bear Floor ($60.27).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FET• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “FET Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 57%NO 43%Trade / Inspect Odds →

CALL VS. PUT WHALE SHARE

— (No Active Options Snapshot)

Put/Call Ratio: — (No Active Options Snapshot)

MAX-PAIN EXPIRATION MAGNET

— (No Active Options Snapshot)

No active options chain max-pain snapshot on file

HISTORICAL 20D VOLATILITY SWING

±10.7%

Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (FET)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for FET.

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FET)

✓Walkthrough of FET's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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FET // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +30.39%🛡️ HOLDING TREND SUPPORT

2026-11-03O $88.76H $88.76L $77.62C $77.62VOL 257.0K

RES: $92.26SUP: $77.37SMA50: $82.97SMA200: $63.41

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FET Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FET Butterfly Map → + Track FET →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

30.2%/yr Implied 5Y Growth

vs. -3.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on FET today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FET. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for FET today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FET)

Consumer Discretionary Rank #396 of 1009 ⚔️ HMH vs FET Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (FET vs. HMH, OIS, FLOC, INVX)

Industry: Oil and Gas Field Machinery (17 Tracked Issuers)

Across 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, Forum Energy Technologies Inc. (FET) ranks #396 by composite RQD confidence (57/100, grade D+) and #508 by equity capitalization ($974.5M). Within this direct 5-issuer industry benchmark cohort, INVX leads on earnings valuation at 25.2x trailing P/E, while FLOC leads on capital efficiency and profitability with 30.0% ROIC and — gross margin. FLOC currently holds the highest overall quantitative score in the immediate peer group at 74/100 (B) compared with FET at 57/100 (D+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
FET ACTIVE Forum Energy Technologies Inc.	D+	57/100	—	27.7%	6.1%	-8.62%	$974.5M	Benchmark Subject
HMH HMH Holding Inc. (Class A)	D	51/100	—	—	—	-8.18%	$835.1M	/hmh-vs-fet →
OIS Oil States International Inc.	D	51/100	—	19.9%	-15.4%	-7.50%	$579.1M	/ois-vs-fet →
FLOC Flowco Holdings Inc. (Class A)	B	74/100	43.8x	—	30.0%	-4.05%	$1.81B	/floc-vs-fet →
INVX Innovex International Inc.	B	73/100	25.2x	31.0%	9.9%	-7.23%	$1.96B	/invx-vs-fet →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001401257 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Forum Energy Technologies Inc. (FET) reported GAAP revenue of $791.5M (-3.1% vs. FY2024 revenue of $816.4M , and +7.1% cumulative change since FY2023) , GAAP net income of -$9.7M, operating cash flow of $70.4M, and free cash flow of $64.4M (-23.4% YoY). On the balance sheet, FET closed FY2025 with $752.5M in total assets against $134.5M in total debt (Altman Z-Score: 1.32, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$791.5M	-$9.7M	$70.4M	$64.4M	$752.5M	$134.5M
FY2024 (FY)	2024-12-31	$816.4M	-$135.3M	$92.2M	$84.0M	$816.0M	$186.5M
FY2023 (FY)	2023-12-31	$738.9M	-$18.9M	$8.2M	$8.2M	—	—

3. FET Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FET stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does FET compare to HMH and OIS in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for FET?

Where is FET trading relative to its 50-day, 200-day, and 52-week technical levels?

FET last traded at $77.62 (-8.62% on volume of 269,895 shares), positioning the stock -6.45% below its 50-day simple moving average ($82.97) and +22.41% above its 200-day simple moving average ($63.41). Across its 52-week range of $26.58 to $91.99, FET sits at the 78.0% percentile with a 14-day RSI of 50.2 (NEUTRAL RANGE) and an implied next-earnings move of ±10.7% ($69.31 to $85.93).

Direct Sub-Reports: FET RQD Cockpit FET 12M Forecast FET Earnings & Move FET Dividends & DRIP FET Insiders & 13F FET Whale Options FET Profit Sankey FET News & Why

ROARABLE RATING BRIEF • RQD 57/100 (D+) ✓ SEC XBRL & RQD VERIFIED

FET — Forum Energy Technologies Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Forum Energy Technologies Inc. (FET) earns a live Roarable RQD composite score of 57/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $77.62 (-8.62% 1D, market capitalization $974.5M).

Fundamental Cash Engine (8/20): Anchored by return on invested capital (ROIC) of 6.1%, gross margin of 27.7%, operating margin of 3.8%, and free cash flow yield of 6.32%.
Whale 13F & Options Flow (14/20) + Insider Conviction (12/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (13/20) + Forensic Balance Sheet (10/20): Incorporates a 1.00x equity beta, Altman Z-Score of 1.32, Piotroski F-Score of 7/9, and Debt/Equity of 0.46x.

2. Business Model, Unit Margins & SEC Financial Trajectory

Forum Energy Technologies Inc. (FET) is a NYSE-listed issuer classified under the Consumer Discretionary sector and the Oil and Gas Field Machinery industry. The profile does not describe its specific products, customer base, or revenue model. Per the market data, the company reports a gross margin of 27.7%, an operating margin of 3.8%, and a net margin of -1.2%.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Forum Energy Technologies Inc. (FET) reported $791.5M in annual revenue (up from $816.4M in FY2024, -3.1% YoY) and -$9.7M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($738.9M revenue, -$18.9M net income) through FY2025, FET scaled operating cash flow to $70.4M and free cash flow to $64.4M, backed by $752.5M in total assets against $134.5M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (D+ • RQD 57/100): Established market leader in Consumer Discretionary with deep daily trading liquidity. Free cash flow yield of 6.32% and institutional whale pillar of 14/20. With Fundamental Cash Engine at 8/20 and Institutional Whale Flow at 14/20, sustained execution supports upside toward the upper end of the $26.58 – $91.99 52-week range.
🐻 Primary Bear Case & Valuation Risk: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Investors must weigh current valuation and 31.7x EV/EBITDA against 3.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

The supply chain is NONE, with an empty list of butterfly links and no proprietary signals. Upstream suppliers, downstream customers, and sector correlations beyond the stated sector and industry classification are — The 2nd-order bottlenecks an investor would normally track are therefore not identified in the source data.

Key Question #1: Can FET sustain or expand its 3.8% operating margin and 6.1% ROIC against Oil and Gas Field Machinery peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $791.5M and free cash flow of $64.4M, how will capital allocation balance growth reinvestment against $134.5M in total debt?
Key Question #3: How sensitive is FET's equity valuation to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

FET Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Forum Energy Technologies Inc. (FET) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to FET Debate Forum (3) ↓

🔴 RISK WATCH Yahoo Finance • 21h ago

Forum Energy Technologies (FET) Stock Falls After Strong Q3 Earnings Report

Yahoo Finance report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 1d ago

Forum Energy Technologies Inc (FET) Stock Up 8.1% but GF Value S

GuruFocus report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investing.com • 1d ago

Forum Energy Technologies stock hits 52-week high at 91.48 USD

Investing.com report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Moomoo • 1d ago

Forum Energy Technologies, Inc. (NYSE:FET) Could Be Less Than A Year Away From Profitability

Moomoo report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Forum Energy Technologies Q3 Earnings Call Highlights

TradingView report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Forum Energy Technologies (FET) Raises Guidance, Is The Profit Recovery Fully Priced In?

Yahoo Finance report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE The Globe and Mail • 1d ago

Forum Energy Tech: 3 Key Takeaways for Long-Term Investors

The Globe and Mail report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE www.marketscreener.com • 1d ago

(FET) Forum Energy Technologies Expects 2026 Revenue Range $900M - $920M, vs. FactSet Est of $889.8M

www.marketscreener.com report covering Forum Energy Technologies Inc. (FET) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

FET Bull vs. Bear Conversation Board — What's Your Call at $77.62?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FET 🐻 33% BEARISH CONVICTION

MA MacroHawk_NYC RQD DEBATE OPENER • Cross-Asset Macro Desk 🐂 BULLISH 🎯 Target: $97.68 (+15.0%)

📌 Pinned Debate

Raised guidance and a 52-week high at 91.48 USD point to a profit recovery narrative with a Piotroski F-Score of 7/9.

Raised guidance and a 52-week high at 91.48 USD point to a profit recovery narrative with a Piotroski F-Score of 7/9.. When you look under the hood at FET, Fundamental Cash Engine is 8/20 with 27.7% gross margins and 6.1% ROIC. Bears are staring in the rearview mirror while institutional 13F flow (14/20) has been quietly accumulating below $91.99. My 12M target is $97.68.

CapAlloc_Nerd 🐂 BULL

@MacroHawk_NYC Agree on the RQD 57/100 quality, though with 1.0 beta I'm scaling in with half-size at $84.94 and keeping dry powder in case we test $78.99.

ME MeanReversion_88 RQD DEBATE OPENER • Quantitative Statistical Arb 🐻 BEARISH 🎯 Target: $64.55 (-24.0%)

Spot @ $84.94

A 6.1% ROIC, a 31.7 EV/EBITDA, and a -1.2% net margin leave the valuation resting on an unproven profit recovery.

A 6.1% ROIC, a 31.7 EV/EBITDA, and a -1.2% net margin leave the valuation resting on an unproven profit recovery.. Look at the math on FET: paying current EV/EBITDA multiples for 6.1% ROIC and 3.8% operating margins leaves zero margin of safety if Oil and Gas Field Machinery demand softens. I'd wait for a retest of $74.75 before getting long.