TechnipFMC (FTI) Stock Forecast, Price Target & Predictions
FTI Stock Forecast
TechnipFMC stock forecast is as follows: an average price target of $26.18 (represents a -0.80% downside from FTI’s last price of $26.39) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
FTI Price Target
The average price target for TechnipFMC (FTI) is $26.18 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $8.50. This represents a potential -0.80% downside from FTI's last price of $26.39.
FTI Analyst Ratings
According to 18 Wall Street analysts, TechnipFMC's rating consensus is 'Buy'. The analyst rating breakdown for FTI stock is 0 'Strong Buy' (0.00%), 10 'Buy' (55.56%), 7 'Hold' (38.89%), 1 'Sell' (5.56%), 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 |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Abhishek Kumar | HSBC | $32.00 | $26.04 | 22.89% | 21.26% |
| Oct 24, 2024 | Greg Lewis | BTIG | $33.00 | $25.86 | 27.61% | 25.05% |
| Oct 10, 2024 | Phillip Jungwirth | BMO Capital | $33.00 | $27.09 | 21.82% | 25.05% |
| Jul 30, 2024 | Scott Gruber | Citigroup | $34.00 | $29.35 | 15.84% | 28.84% |
| May 06, 2024 | Luke Lemoine | Piper Sandler | $34.00 | $25.96 | 30.97% | 28.84% |
| Apr 25, 2024 | Greg Lewis | BTIG | $30.00 | $26.90 | 11.52% | 13.68% |
| Jul 22, 2021 | Phillip Jungwirth | BMO Capital | $10.00 | $7.24 | 38.12% | -62.11% |
| Apr 30, 2021 | Amy Wong | UBS | $8.75 | $7.40 | 18.24% | -66.84% |
| Apr 16, 2021 | Sasikanth Chilukuru | Morgan Stanley | $8.50 | $7.27 | 16.92% | -67.79% |
The latest TechnipFMC stock forecast, released on Oct 29, 2024 by Abhishek Kumar from HSBC, set a price target of $32.00, which represents a 22.89% increase from the stock price at the time of the forecast ($26.04), and a 21.26% increase from FTI last price ($26.39).
TechnipFMC Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 6 |
| Avg Price Target | $32.67 | $32.67 | $32.67 |
| Last Closing Price | $26.39 | $26.39 | $26.39 |
| Upside/Downside | 23.80% | 23.80% | 23.80% |
In the current month, the average price target of TechnipFMC stock is $32.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 23.80% increase as opposed to TechnipFMC's last price of $26.39. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | BTIG | Buy | Buy | Hold |
| Oct 10, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 27, 2024 | Citigroup | Buy | Buy | Hold |
| 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 |
TechnipFMC's last stock rating was published by BTIG on Oct 24, 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.08B | - | $1.97B | $1.72B | $1.69B | $1.73B | $1.72B | $1.56B | $1.52B | $1.58B |
| Avg Forecast | $1.65B | $1.68B | $1.72B | $1.75B | $1.79B | $1.83B | $1.87B | $1.91B | $2.66B | $2.81B | $2.76B | $2.47B | $2.47B | $2.60B | $2.53B | $2.26B | $2.28B | $2.35B | $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 | $1.72B | $1.76B | $1.79B | $1.83B | $1.87B | $1.91B | $1.95B | $1.99B | $2.78B | $2.93B | $2.88B | $2.57B | $2.57B | $2.71B | $2.64B | $2.43B | $2.37B | $2.35B | $2.23B | $1.96B | $1.92B | $2.03B | $2.01B | $1.74B | $1.74B | $1.74B | $1.70B | $1.58B | $1.59B | $1.70B |
| Low Forecast | $1.51B | $1.55B | $1.58B | $1.61B | $1.64B | $1.68B | $1.71B | $1.75B | $2.45B | $2.58B | $2.54B | $2.26B | $2.26B | $2.39B | $2.32B | $1.96B | $2.21B | $2.35B | $2.23B | $1.96B | $1.81B | $1.89B | $1.77B | $1.53B | $1.53B | $1.74B | $1.70B | $1.58B | $1.59B | $1.70B |
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | - | 1.03% | 1.03% | 1.02% | 0.99% | 1.01% | 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 $1.96B, and a high forecast of $1.96B. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $46.70M | - | $-96.30M | $156.90M | $114.90M | $178.80M | $179.10M | $124.00M | $18.80M | $118.00M |
| Avg Forecast | $84.57M | $86.36M | $88.17M | $90.03M | $91.93M | $93.86M | $95.84M | $97.86M | $136.68M | $144.15M | $141.70M | $126.54M | $126.57M | $133.49M | $129.66M | $116.16M | $116.81M | $120.48M | $114.30M | $650.97M | $97.38M | $101.63M | $98.72M | $696.22M | $-22.77M | $89.42M | $199.26M | $80.96M | $81.59M | $87.13M |
| High Forecast | $88.28M | $90.14M | $92.04M | $93.98M | $95.96M | $97.98M | $100.04M | $102.15M | $142.68M | $150.48M | $147.92M | $132.09M | $132.12M | $139.34M | $135.34M | $124.57M | $121.46M | $120.58M | $114.30M | $781.16M | $98.41M | $104.11M | $103.05M | $835.47M | $-18.22M | $89.42M | $239.11M | $80.96M | $81.59M | $87.13M |
| Low Forecast | $77.67M | $79.31M | $80.98M | $82.69M | $84.43M | $86.21M | $88.02M | $89.88M | $125.53M | $132.39M | $130.14M | $116.22M | $116.24M | $122.59M | $119.08M | $100.39M | $113.19M | $120.38M | $114.30M | $520.77M | $92.74M | $96.83M | $90.67M | $556.98M | $-27.32M | $89.42M | $159.41M | $80.96M | $81.59M | $87.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | - | -0.98% | 0.23% | -5.05% | 2.00% | 0.90% | 1.53% | 0.23% | 1.35% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $53.00M | - | $-87.20M | $7.80M | $-20.70M | $10.70M | $7.80M | $-34.30M | $-133.50M | $-32.20M |
| Avg Forecast | $319.10M | $425.86M | $380.83M | $257.88M | $316.90M | $425.28M | $379.96M | $256.57M | $274.19M | $308.76M | $288.66M | $202.98M | $229.86M | $252.68M | $228.92M | $153.48M | $151.11M | $172.29M | $135.04M | $455.24M | $53.43M | $84.68M | $68.47M | $486.89M | $-865.26M | $40.57M | $2.83M | $815.07K | $-5.10M | $6.97M |
| High Forecast | $337.29M | $450.13M | $402.55M | $272.59M | $334.97M | $449.53M | $401.62M | $271.20M | $289.83M | $326.36M | $305.12M | $214.56M | $242.97M | $267.09M | $241.97M | $180.57M | $182.22M | $173.74M | $135.10M | $546.29M | $71.24M | $106.96M | $72.38M | $584.27M | $-692.21M | $40.57M | $3.40M | $815.07K | $-5.10M | $6.97M |
| Low Forecast | $285.25M | $380.68M | $340.43M | $230.53M | $283.28M | $380.17M | $339.65M | $229.35M | $245.11M | $276.01M | $258.04M | $181.45M | $205.48M | $225.88M | $204.63M | $108.34M | $102.22M | $170.83M | $134.98M | $364.20M | $31.17M | $71.31M | $61.21M | $389.51M | $-1.04B | $40.57M | $2.27M | $815.07K | $-5.10M | $6.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | -1.27% | 0.02% | 0.02% | 0.26% | 2.75% | -42.08% | 26.17% | -4.62% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $150.00M | $153.90M | $162.20M | $151.90M | $143.10M | $159.60M | $171.30M | $153.40M |
| Avg Forecast | $158.77M | $162.11M | $165.53M | $169.01M | $172.57M | $176.21M | $179.92M | $183.71M | $256.59M | $270.62M | $266.01M | $237.56M | $237.60M | $250.59M | $243.40M | $218.07M | $219.28M | $226.17M | $214.57M | $182.49M | $182.81M | $190.79M | $185.33M | $195.18M | $160.18M | $167.86M | $193.19M | $151.98M | $153.17M | $163.57M |
| High Forecast | $165.73M | $169.22M | $172.79M | $176.43M | $180.14M | $183.94M | $187.81M | $191.77M | $267.85M | $282.48M | $277.68M | $247.97M | $248.02M | $261.58M | $254.08M | $233.86M | $228.02M | $226.36M | $214.57M | $218.99M | $184.74M | $195.44M | $193.46M | $234.22M | $167.21M | $167.86M | $231.82M | $151.98M | $153.17M | $163.57M |
| Low Forecast | $145.81M | $148.89M | $152.02M | $155.22M | $158.49M | $161.83M | $165.24M | $168.72M | $235.66M | $248.53M | $244.31M | $218.17M | $218.21M | $230.14M | $223.54M | $188.47M | $212.49M | $225.98M | $214.57M | $145.99M | $174.10M | $181.77M | $170.21M | $156.14M | $147.11M | $167.86M | $154.55M | $151.98M | $153.17M | $163.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.79% | 1.01% | 0.90% | 0.74% | 1.05% | 1.12% | 0.94% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 13 | 18 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | - | $-0.20 | $0.02 | $-0.05 | $0.02 | $0.02 | $-0.08 | $-0.30 | $-0.07 |
| Avg Forecast | $0.73 | $0.97 | $0.87 | $0.59 | $0.72 | $0.97 | $0.87 | $0.58 | $0.62 | $0.70 | $0.66 | $0.46 | $0.52 | $0.58 | $0.52 | $0.35 | $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 | $0.77 | $1.03 | $0.92 | $0.62 | $0.76 | $1.02 | $0.92 | $0.62 | $0.66 | $0.74 | $0.70 | $0.49 | $0.55 | $0.61 | $0.55 | $0.41 | $0.42 | $0.40 | $0.31 | $0.16 | $0.16 | $0.24 | $0.16 | $0.03 | $0.04 | $0.09 | $0.04 | - | $-0.01 | $0.02 |
| Low Forecast | $0.65 | $0.87 | $0.78 | $0.53 | $0.65 | $0.87 | $0.77 | $0.52 | $0.56 | $0.63 | $0.59 | $0.41 | $0.47 | $0.51 | $0.47 | $0.25 | $0.23 | $0.39 | $0.31 | $0.16 | $0.07 | $0.16 | $0.14 | $0.02 | $0.03 | $0.09 | $0.04 | - | $-0.01 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | -1.28% | 0.73% | -1.40% | 0.26% | 0.42% | -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 $0.16 and a high estimate of $0.16. 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 18 Wall Street analysts, TechnipFMC (FTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 55.56% of FTI's total ratings.
What is FTI's price target?
TechnipFMC (FTI) average price target is $26.18 with a range of $8.5 to $34, implying a -0.80% from its last price of $26.39. The data is based on 18 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 -0.80% (from the last price of $26.39 to the average price target of $26.18), up by 28.84% based on the highest stock price target, and down by -67.79% based on the lowest stock price target.
Can TechnipFMC stock reach $40?
FTI's average twelve months analyst stock price target of $26.18 does not support the claim that TechnipFMC can reach $40 in the near future.
What is TechnipFMC's current price target trend?
3 Wall Street analysts forecast a $32.67 price target for TechnipFMC (FTI) this month, up 23.80% from its last price of $26.39. Compared to the last 3 and 12 months, the average price target increased by 23.80% and increased by 23.80%, respectively.
What are TechnipFMC's analysts' financial forecasts?
TechnipFMC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.39B (high $7.72B, low $6.79B), average EBITDA is $379.49M (high $396.14M, low $348.53M), average net income is $1.38B (high $1.46B, low $1.23B), average SG&A $712.42M (high $743.66M, low $654.28M), and average EPS is $3.14 (high $3.32, low $2.81). FTI's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $6.8B (high $7.1B, low $6.25B), average EBITDA is $349.14M (high $364.45M, low $320.65M), average net income is $1.38B (high $1.46B, low $1.24B), average SG&A $655.43M (high $684.17M, low $601.95M), and average EPS is $3.15 (high $3.33, low $2.82).
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 $693.47M 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 $53.43M by -0.81%. 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%