TechnipFMC plc (FTI)
NYSE: FTI · Real-Time Price · USD
28.89
+0.26 (0.91%)
Dec 20, 2024, 4:00 PM EST - Market closed
TechnipFMC Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for TechnipFMC stock have an average target of 35.09, with a low estimate of 30 and a high estimate of 42. The average target predicts an increase of 21.46% from the current stock price of 28.89.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TechnipFMC stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 7 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 4 | 4 | 4 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 10 | 10 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $37 → $42 | Buy | Maintains | $37 → $42 | +45.38% | Dec 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $38 | Strong Buy | Initiates | $38 | +31.53% | Dec 13, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Dec 5, 2024 |
| TD Cowen | TD Cowen | Strong Buy Reiterates $37 | Strong Buy | Reiterates | $37 | +28.07% | Nov 27, 2024 |
| RBC Capital | RBC Capital | Buy Initiates $37 | Buy | Initiates | $37 | +28.07% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
9.10B
from 7.83B
Increased by 16.26%
Revenue Next Year
9.99B
from 9.10B
Increased by 9.81%
EPS This Year
1.65
from 0.05
Increased by 3,194.62%
EPS Next Year
2.04
from 1.65
Increased by 23.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.5B | 10.6B | 12.4B | |||
| Avg | 9.1B | 10.0B | 10.9B | |||
| Low | 8.7B | 9.5B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 21.4% | 16.4% | 24.0% | |||
| Avg | 16.3% | 9.8% | 8.9% | |||
| Low | 11.7% | 4.8% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.81 | 2.30 | 3.22 | |||
| Avg | 1.65 | 2.04 | 2.58 | |||
| Low | 1.48 | 1.72 | 2.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3,512.0% | 39.6% | 58.0% | |||
| Avg | 3,194.6% | 23.6% | 26.7% | |||
| Low | 2,859.6% | 4.7% | 4.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.