Flotek Industries, Inc. (FTK)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-09
$27.88+14.40%
Close 2026-09-09 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-09
Intact: The reason to own it still holds.
Flotek is growing revenue toward $280 million in 2026. Profit (adjusted EBITDA) is expected near $38.5 million. The company showed revenue growth from $50.8 million in 2024-Q4 to $70.1 million in 2026-Q1. The stock trades cheaper than peers with a PE of 27.7 versus 32.7.
Flotek has missed earnings several times recently. Profit estimates for 2026 have been cut from $0.74 to $0.54 per share. The oil and gas sector faces headwinds that could slow demand. Revenue growth may fall below analyst expectations of 17%.
The price is about 8% below our fair value near $24. Analysts expect 17% revenue growth next year. Our view aligns with this but we note recent earnings misses and sector headwinds.
Breaks if: Adjusted EBITDA falls below $36 million in FY26
Breaks if: EPS falls below $0.54 in FY26
Breaks if: Revenue falls below $270 million in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable growth opportunity in the energy sector. The current thesis state is intact, supported by strong revenue growth and management's focus on expanding recurring revenue through power services contracts.
The market appears to have priced in a neutral valuation compared to peers, reflecting a low fragility tier. Expectations are slightly below average, indicating that investors may not fully recognize the potential upside from management's recent guidance increases.
Fundamentals are likely to show continued strength, with management on track to meet their revenue and EBITDA targets for 2026. However, there is a near-term risk of missing these targets, given the high miss rate in the industry.
The long-term thesis hinges on management's ability to execute on their growth plans and the overall health of the energy sector. Key factors include inflation trends and performance from sector leaders that could influence FTK's trajectory.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports the improved outlook. The company is increasing revenue in its Data Analytics segment. It is also expanding recurring revenue through power services contracts. There are no new threats to the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
In the next 1 to 3 years, FTK's performance will depend on maintaining execution quality and navigating sector dynamics. Not investment advice.