TechnipFMC plc (FTI)
NYSE: FTI · IEX Real-Time Price · USD
26.78
+0.34 (1.29%)
May 20, 2024, 3:11 PM EDT - Market open
TechnipFMC Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for TechnipFMC stock have an average target of 27.01, with a low estimate of 19.5 and a high estimate of 34. The average target predicts an increase of 0.86% from the current stock price of 26.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TechnipFMC stock from 14 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 2 | 2 | 5 | 5 |
| Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 11 | 11 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $30 → $34 | Buy | Maintains | $30 → $34 | +26.96% | May 6, 2024 |
| Barclays | Barclays | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +26.96% | Apr 29, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $30 → $32 | Strong Buy | Maintains | $30 → $32 | +19.49% | Apr 26, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +12.02% | Apr 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $27 → $34 | Buy | Maintains | $27 → $34 | +26.96% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
8.81B
from 7.82B
Increased by 12.65%
Revenue Next Year
9.89B
from 8.81B
Increased by 12.25%
EPS This Year
1.16
from 0.12
Increased by 864.23%
EPS Next Year
1.84
from 1.16
Increased by 59.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.5B | 11.1B | 12.8B | 12.4B | 12.1B |
| Avg | 8.8B | 9.9B | 11.1B | 11.9B | 11.4B |
| Low | 8.5B | 9.1B | 9.5B | 11.5B | 10.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.8% | 25.5% | 28.9% | 11.4% | 1.6% |
| Avg | 12.7% | 12.3% | 12.6% | 6.5% | -4.1% |
| Low | 8.1% | 3.0% | -4.3% | 2.8% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.30 | 2.37 | 3.22 | 3.18 | 2.98 |
| Avg | 1.16 | 1.84 | 2.42 | 2.94 | 2.83 |
| Low | 0.97 | 1.60 | 1.82 | 2.74 | 2.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 985.0% | 104.7% | 75.1% | 31.3% | 1.3% |
| Avg | 864.2% | 59.1% | 31.6% | 21.5% | -3.9% |
| Low | 708.5% | 38.1% | -1.4% | 13.3% | -8.1% |
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.