Flotek Industries, Inc. (FTK)
NYSE: FTK · Real-Time Price · USD
7.32
-0.04 (-0.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
Flotek Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Flotek Industries stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 2.46% from the current stock price of 7.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 7, 2024.
Analyst Ratings
The average analyst rating for FTK stock from 2 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $6.5 → $8 | Strong Buy | Maintains | $6.5 → $8 | +9.29% | Nov 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | -11.20% | Jul 25, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | -4.37% | Apr 29, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $15 | Buy | Initiates | $15 | +104.92% | Jul 1, 2021 |
Financial Forecast
Revenue This Year
186.85M
from 188.06M
Decreased by -0.64%
Revenue Next Year
212.87M
from 186.85M
Increased by 13.93%
EPS This Year
0.31
from -0.10
EPS Next Year
0.50
from 0.31
Increased by 60.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 198.6M | 227.2M | 252.4M |
| Avg | 186.9M | 212.9M | 242.8M |
| Low | 178.8M | 200.4M | 235.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6% | 21.6% | 18.6% |
| Avg | -0.6% | 13.9% | 14.1% |
| Low | -4.9% | 7.3% | 10.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.36 | 0.84 | 1.13 |
| Avg | 0.31 | 0.50 | 0.84 |
| Low | 0.28 | 0.32 | 0.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 169.2% | 126.1% |
| Avg | - | 60.6% | 68.4% |
| Low | - | 4.0% | 15.8% |
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.