TechnipFMC (FTI) Stock Forecast, Price Target & Predictions
FTI Stock Forecast
TechnipFMC stock forecast is as follows: an average price target of $20.88 (represents a -13.90% downside from FTI’s last price of $24.25) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
FTI Price Target
The average price target for TechnipFMC (FTI) is $20.88 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $8.50. This represents a potential -13.90% downside from FTI's last price of $24.25.
FTI Analyst Ratings
According to 17 Wall Street analysts, TechnipFMC's rating consensus is 'Buy'. The analyst rating breakdown for FTI stock is 0 'Strong Buy' (0.00%), 10 'Buy' (58.82%), 6 'Hold' (35.29%), 1 'Sell' (5.88%), and 0 'Strong Sell' (0.00%).
TechnipFMC Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Scott Gruber | Citigroup | $34.00 | $29.35 | 15.84% | 40.21% |
| May 06, 2024 | Luke Lemoine | Piper Sandler | $34.00 | $25.96 | 30.97% | 40.21% |
| Apr 25, 2024 | Greg Lewis | BTIG | $30.00 | $26.90 | 11.52% | 23.71% |
| Jul 22, 2021 | Phillip Jungwirth | BMO Capital | $10.00 | $7.24 | 38.12% | -58.76% |
| Apr 30, 2021 | Amy Wong | UBS | $8.75 | $7.40 | 18.24% | -63.92% |
| Apr 16, 2021 | Sasikanth Chilukuru | Morgan Stanley | $8.50 | $7.27 | 16.92% | -64.95% |
The latest TechnipFMC stock forecast, released on Jul 30, 2024 by Scott Gruber from Citigroup, set a price target of $34.00, which represents a 15.84% increase from the stock price at the time of the forecast ($29.35), and a 40.21% increase from FTI last price ($24.25).
TechnipFMC Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $34.00 | $32.67 |
| Last Closing Price | $24.25 | $24.25 | $24.25 |
| Upside/Downside | -100.00% | 40.21% | 34.72% |
In the current month, the average price target of TechnipFMC stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TechnipFMC's last price of $24.25. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 02, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 26, 2024 | Benchmark | Buy | Buy | Hold |
| Jul 10, 2024 | Citigroup | Buy | Buy | Hold |
| May 06, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 25, 2024 | BTIG | Buy | Buy | Hold |
| Apr 01, 2024 | Benchmark | Buy | Buy | Hold |
| Aug 16, 2023 | Citigroup | Buy | Buy | Hold |
| May 01, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Feb 28, 2023 | Citigroup | Buy | Buy | Hold |
| Oct 25, 2022 | RBC Capital | - | Sector Perform | Downgrade |
TechnipFMC's last stock rating was published by Cowen & Co. on Aug 02, 2024. The company gave FTI a "Buy" rating, the same as its previous rate.
TechnipFMC Financial Forecast
TechnipFMC Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.08B | - | $1.97B | $1.72B | $1.69B | $1.73B | - | $1.56B | $1.52B | $1.58B |
| Avg Forecast | $1.60B | $1.63B | $1.66B | $1.70B | $1.73B | $1.77B | $1.81B | $1.85B | $2.73B | $2.86B | $2.82B | $2.52B | $2.48B | $2.57B | $2.52B | $2.27B | $2.27B | $2.34B | $2.23B | $1.96B | $1.90B | $1.98B | $1.92B | $1.67B | $1.66B | $1.74B | $1.70B | $1.58B | $1.59B | $1.70B |
| High Forecast | $1.67B | $1.70B | $1.74B | $1.77B | $1.81B | $1.85B | $1.89B | $1.93B | $2.85B | $2.99B | $2.95B | $2.63B | $2.59B | $2.68B | $2.63B | $2.37B | $2.37B | $2.36B | $2.33B | $2.05B | $1.92B | $2.03B | $2.01B | $1.74B | $1.74B | $1.82B | $1.70B | $1.64B | $1.65B | $1.76B |
| Low Forecast | $1.56B | $1.59B | $1.63B | $1.66B | $1.70B | $1.73B | $1.77B | $1.81B | $2.67B | $2.80B | $2.76B | $2.46B | $2.43B | $2.51B | $2.46B | $2.22B | $2.22B | $2.30B | $2.18B | $1.92B | $1.81B | $1.89B | $1.88B | $1.63B | $1.63B | $1.70B | $1.70B | $1.50B | $1.51B | $1.62B |
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | - | 1.03% | 1.03% | 1.02% | 0.99% | - | 0.99% | 0.96% | 0.93% |
TechnipFMC's average Quarter revenue forecast for Mar 24 based on 13 analysts is $1.96B, with a low forecast of $1.92B, and a high forecast of $2.05B. FTI's average Quarter revenue forecast represents a -5.48% decrease compared to the company's last Quarter revenue of $2.08B (Dec 23).
TechnipFMC EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $46.70M | - | $-96.30M | $156.90M | $114.90M | $178.80M | - | $124.00M | $18.80M | $118.00M |
| Avg Forecast | $81.90M | $83.62M | $85.39M | $87.18M | $89.02M | $90.89M | $92.81M | $94.76M | $140.16M | $146.90M | $144.87M | $129.24M | $127.34M | $131.91M | $129.34M | $116.60M | $116.73M | $120.28M | $114.30M | $650.97M | $97.38M | $101.63M | $98.72M | $696.22M | $85.33M | $584.10M | $87.33M | $80.96M | $-18.00M | $531.00M |
| High Forecast | $85.52M | $87.32M | $89.16M | $91.03M | $92.95M | $94.91M | $96.91M | $98.95M | $146.36M | $153.39M | $151.27M | $134.95M | $132.97M | $137.73M | $135.06M | $121.75M | $121.89M | $121.31M | $119.35M | $781.16M | $98.41M | $104.11M | $103.08M | $835.47M | $89.10M | $700.92M | $87.33M | $84.07M | $-14.40M | $637.20M |
| Low Forecast | $80.09M | $81.78M | $83.50M | $85.26M | $87.06M | $88.89M | $90.76M | $92.67M | $137.07M | $143.66M | $141.67M | $126.39M | $124.53M | $129.00M | $126.49M | $114.03M | $114.16M | $118.21M | $111.78M | $520.77M | $92.74M | $96.83M | $96.54M | $556.98M | $83.45M | $467.28M | $87.33M | $77.05M | $-21.60M | $424.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | - | -0.98% | 0.23% | 1.35% | 0.31% | - | 1.53% | -1.04% | 0.22% |
13 analysts predict FTI's average Quarter EBITDA for Mar 24 to be $650.97M, with a high of $781.16M and a low of $520.77M. This is 1293.93% upper than TechnipFMC's previous annual EBITDA (Dec 23) of $46.70M.
TechnipFMC Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $53.00M | - | $-87.20M | $7.80M | $-20.70M | $10.70M | - | $-34.30M | $-133.50M | $-32.20M |
| Avg Forecast | $298.48M | $372.68M | $340.90M | $227.18M | $298.56M | $375.10M | $342.88M | $227.09M | $271.91M | $317.65M | $300.98M | $206.87M | $220.76M | $241.22M | $217.95M | $141.86M | $148.36M | $169.82M | $135.44M | $455.24M | $53.59M | $84.93M | $68.68M | $486.89M | $14.62M | $-159.39M | $18.25M | $830.81K | $-684.00M | $-144.90M |
| High Forecast | $315.61M | $394.07M | $360.48M | $240.22M | $315.71M | $396.64M | $362.57M | $240.13M | $287.52M | $335.88M | $318.26M | $218.75M | $233.43M | $255.07M | $230.46M | $150.01M | $156.88M | $209.01M | $143.22M | $546.29M | $71.45M | $107.27M | $72.62M | $584.27M | $15.46M | $-127.51M | $18.25M | $872.35K | $-547.20M | $-115.92M |
| Low Forecast | $289.91M | $361.99M | $331.12M | $220.66M | $290.00M | $364.34M | $333.05M | $220.58M | $264.10M | $308.53M | $292.34M | $200.94M | $214.43M | $234.30M | $211.69M | $137.79M | $144.11M | $152.40M | $131.55M | $364.20M | $31.26M | $71.52M | $66.71M | $389.51M | $14.20M | $-191.27M | $18.25M | $778.65K | $-820.80M | $-173.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | -1.27% | 0.02% | -1.42% | -0.07% | - | -41.29% | 0.20% | 0.22% |
TechnipFMC's average Quarter net income forecast for Mar 24 is $455.24M, with a range of $364.20M to $546.29M. FTI's average Quarter net income forecast represents a 758.95% increase compared to the company's last Quarter net income of $53.00M (Dec 23).
TechnipFMC SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $150.00M | $153.90M | $162.20M | $151.90M | - | $159.60M | $171.30M | $153.40M |
| Avg Forecast | $153.75M | $156.99M | $160.29M | $163.67M | $167.11M | $170.63M | $174.23M | $177.90M | $263.13M | $275.77M | $271.96M | $242.62M | $239.06M | $247.63M | $242.82M | $218.89M | $219.14M | $225.79M | $214.57M | $182.49M | $182.81M | $190.79M | $185.33M | $195.18M | $160.18M | $759.33M | $163.95M | $151.98M | $153.17M | $690.30M |
| High Forecast | $160.54M | $163.92M | $167.37M | $170.90M | $174.50M | $178.17M | $181.92M | $185.76M | $274.75M | $287.95M | $283.98M | $253.33M | $249.62M | $258.57M | $253.54M | $228.56M | $228.82M | $227.73M | $224.05M | $218.99M | $184.74M | $195.44M | $193.52M | $234.22M | $167.26M | $911.20M | $163.95M | $157.82M | $159.06M | $828.36M |
| Low Forecast | $150.35M | $153.52M | $156.75M | $160.06M | $163.43M | $166.87M | $170.38M | $173.97M | $257.32M | $269.69M | $265.96M | $237.26M | $233.78M | $242.16M | $237.46M | $214.06M | $214.31M | $221.92M | $209.83M | $145.99M | $174.10M | $181.77M | $181.24M | $156.14M | $156.65M | $607.46M | $163.95M | $144.64M | $145.78M | $552.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.79% | 1.01% | 0.20% | - | 1.05% | 1.12% | 0.22% |
TechnipFMC's average Quarter SG&A projection for Sep 23 is $190.79M, based on 12 Wall Street analysts, with a range of $181.77M to $195.44M. The forecast indicates a 27.19% rise compared to FTI last annual SG&A of $150.00M (Jun 23).
TechnipFMC EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | - | $-0.20 | $0.02 | $-0.05 | $0.02 | - | $-0.08 | $-0.30 | $-0.07 |
| Avg Forecast | $0.68 | $0.85 | $0.77 | $0.52 | $0.68 | $0.85 | $0.78 | $0.52 | $0.62 | $0.72 | $0.68 | $0.47 | $0.50 | $0.55 | $0.50 | $0.32 | $0.34 | $0.39 | $0.31 | $0.16 | $0.12 | $0.19 | $0.16 | $0.02 | $0.03 | $0.09 | $0.04 | - | $-0.01 | $0.02 |
| High Forecast | $0.72 | $0.90 | $0.82 | $0.55 | $0.72 | $0.90 | $0.82 | $0.55 | $0.65 | $0.76 | $0.72 | $0.50 | $0.53 | $0.58 | $0.52 | $0.34 | $0.36 | $0.47 | $0.33 | $0.17 | $0.16 | $0.24 | $0.17 | $0.03 | $0.04 | $0.10 | $0.04 | - | $-0.01 | $0.02 |
| Low Forecast | $0.66 | $0.82 | $0.75 | $0.50 | $0.66 | $0.83 | $0.76 | $0.50 | $0.60 | $0.70 | $0.66 | $0.46 | $0.49 | $0.53 | $0.48 | $0.31 | $0.33 | $0.35 | $0.30 | $0.15 | $0.07 | $0.16 | $0.15 | $0.02 | $0.03 | $0.09 | $0.04 | - | $-0.01 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | -1.28% | 0.73% | -1.40% | 0.26% | - | -41.04% | 25.88% | -4.42% |
According to 13 Wall Street analysts, TechnipFMC's projected average Quarter EPS for Mar 24 is $0.16, with a low estimate of $0.15 and a high estimate of $0.17. This represents a 31.45% increase compared to FTI previous annual EPS of $0.12 (Dec 23).
FTI Forecast FAQ
Is TechnipFMC a good buy?
Yes, according to 17 Wall Street analysts, TechnipFMC (FTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 58.82% of FTI's total ratings.
What is FTI's price target?
TechnipFMC (FTI) average price target is $20.88 with a range of $8.5 to $34, implying a -13.90% from its last price of $24.25. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TechnipFMC stock go up soon?
According to Wall Street analysts' prediction for FTI stock, the company can go down by -13.90% (from the last price of $24.25 to the average price target of $20.88), up by 40.21% based on the highest stock price target, and down by -64.95% based on the lowest stock price target.
Can TechnipFMC stock reach $40?
FTI's average twelve months analyst stock price target of $20.88 does not support the claim that TechnipFMC can reach $40 in the near future.
What are TechnipFMC's analysts' financial forecasts?
TechnipFMC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.16B (high $7.48B, low $7B), average EBITDA is $367.49M (high $383.72M, low $359.38M), average net income is $1.24B (high $1.32B, low $1.21B), average SG&A $689.88M (high $720.35M, low $674.65M), and average EPS is $2.83 (high $2.99, low $2.74). FTI's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $6.59B (high $6.88B, low $6.44B), average EBITDA is $338.09M (high $353.02M, low $330.63M), average net income is $1.24B (high $1.31B, low $1.2B), average SG&A $634.69M (high $662.72M, low $620.68M), and average EPS is $2.82 (high $2.98, low $2.74).
Did the FTI's actual financial results beat the analysts' financial forecasts?
Based on TechnipFMC's last annual report (Dec 2023), the company's revenue was $7.82B, beating the average analysts forecast of $7.47B by 4.72%. Apple's EBITDA was $51.9M, missing the average prediction of $993.96M by -94.78%. The company's net income was $56.2M, missing the average estimation of $694.09M by -91.90%. Apple's SG&A was $0, missing the average forecast of $754.11M by -100.00%. Lastly, the company's EPS was $0.12, missing the average prediction of $0.495 by -75.76%. In terms of the last quarterly report (Dec 2023), TechnipFMC's revenue was $2.08B, beating the average analysts' forecast of $1.9B by 9.51%. The company's EBITDA was $46.7M, missing the average prediction of $97.38M by -52.04%. TechnipFMC's net income was $53M, missing the average estimation of $53.59M by -1.10%. The company's SG&A was $0, missing the average forecast of $182.81M by -100.00%. Lastly, the company's EPS was $0.12, missing the average prediction of $0.122 by -1.45%