TechnipFMC plc (FTI)
NYSE: FTI · IEX Real-Time Price · USD
28.15
+0.51 (1.85%)
At close: Jul 19, 2024, 4:00 PM
28.17
+0.02 (0.07%)
Pre-market: Jul 22, 2024, 7:04 AM EDT
TechnipFMC Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for TechnipFMC stock have an average target of 28.43, with a low estimate of 19.5 and a high estimate of 34. The average target predicts an increase of 0.99% from the current stock price of 28.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TechnipFMC stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 5 | 5 | 5 | 3 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 14 | 14 | 14 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $31 → $32 | Strong Buy | Maintains | $31 → $32 | +13.68% | Jul 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $30 → $34 | Buy | Maintains | $30 → $34 | +20.78% | May 6, 2024 |
| Barclays | Barclays | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +20.78% | Apr 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +6.57% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $30 → $32 | Strong Buy | Maintains | $30 → $32 | +13.68% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
8.89B
from 7.82B
Increased by 13.61%
Revenue Next Year
9.89B
from 8.89B
Increased by 11.27%
EPS This Year
1.20
from 0.12
Increased by 897.34%
EPS Next Year
1.82
from 1.20
Increased by 51.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.4B | 10.7B | 12.6B | 12.4B | 12.1B |
| Avg | 8.9B | 9.9B | 11.1B | 11.9B | 11.4B |
| Low | 8.5B | 8.9B | 9.7B | 11.5B | 10.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.6% | 20.8% | 27.8% | 11.8% | 1.6% |
| Avg | 13.6% | 11.3% | 12.3% | 6.9% | -4.1% |
| Low | 8.3% | 0.0% | -1.6% | 3.2% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.44 | 2.15 | 2.99 | 3.18 | 2.98 |
| Avg | 1.20 | 1.82 | 2.35 | 2.72 | 2.66 |
| Low | 1.05 | 1.55 | 1.74 | 2.21 | 2.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1,098.8% | 79.4% | 64.6% | 35.6% | 9.5% |
| Avg | 897.3% | 51.9% | 29.0% | 16.1% | -2.5% |
| Low | 774.7% | 29.3% | -4.5% | -5.6% | -17.6% |
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.