Analysts Set Flotek Industries, Inc. (NYSE:FTK) Price Target at $28.33

Shares of Flotek Industries, Inc. (NYSE:FTK) have earned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $28.3333.

Several equities research analysts recently weighed in on FTK shares. Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 21st. JonesTrading began coverage on Flotek Industries in a research note on Thursday, July 9th. They set a “buy” rating and a $40.00 target price on the stock.

Institutional Trading of Flotek Industries

A number of institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its stake in shares of Flotek Industries by 3.6% in the 3rd quarter. Rhumbline Advisers now owns 22,400 shares of the oil and gas company’s stock worth $327,000 after buying an additional 770 shares during the last quarter. First Trust Advisors LP lifted its holdings in Flotek Industries by 3.2% in the fourth quarter. First Trust Advisors LP now owns 43,495 shares of the oil and gas company’s stock valued at $749,000 after acquiring an additional 1,335 shares during the period. Barclays PLC boosted its position in Flotek Industries by 6.5% in the fourth quarter. Barclays PLC now owns 22,204 shares of the oil and gas company’s stock worth $383,000 after purchasing an additional 1,351 shares during the last quarter. Informed Momentum Co LLC increased its position in shares of Flotek Industries by 2.2% during the 4th quarter. Informed Momentum Co LLC now owns 63,959 shares of the oil and gas company’s stock valued at $1,102,000 after purchasing an additional 1,366 shares during the last quarter. Finally, Aristides Capital LLC raised its position in Flotek Industries by 4.6% in the fourth quarter. Aristides Capital LLC now owns 31,390 shares of the oil and gas company’s stock worth $541,000 after acquiring an additional 1,390 shares during the period. Hedge funds and other institutional investors own 10.90% of the company’s stock.

More Flotek Industries News

Here are the key news stories impacting Flotek Industries this week:

• Positive Sentiment: Despite the legal overhang, brokerages reportedly maintain a consensus rating of “Moderate Buy”, suggesting some analysts still see potential value in FTK. Flotek Industries Receives Moderate Buy Consensus Rating
• Neutral Sentiment: Most of the announced lawsuits cover investors who purchased Flotek securities from August 3 through August 17, 2026. Investors have been told that October 26, 2026 is the deadline to seek appointment as lead plaintiff. The notices reflect legal claims and do not establish that Flotek or its executives violated securities laws. Faruqi Flotek Investor Deadline Notice
• Negative Sentiment: The lawsuits allege that Flotek and certain officers, including CEO Ryan Ezell and CFO Bond Clement, made misleading statements concerning an expected $400 million, 10-year revenue backlog tied to a Puerto Rico/ PREPA contract. The contract was reportedly terminated only 16 days after its announcement, creating concern that investors were not fully informed about the agreement’s risks or status. FTK Shareholder Alert Regarding Puerto Rico Contract
• Negative Sentiment: A wave of additional law-firm announcements from Glancy Prongay, Bronstein Gewirtz, Rosen, Kaplan Fox, Levi & Korsinsky, Bernstein Liebhard, Robbins and Portnoy is increasing the visibility of the litigation. The potential costs include legal expenses, settlement or damages and reputational harm, although the ultimate financial impact remains uncertain. Flotek Securities Fraud Lawsuit Announcement

Flotek Industries Stock Up 1.8%

Shares of NYSE:FTK opened at $23.79 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31. The stock has a fifty day simple moving average of $26.51 and a two-hundred day simple moving average of $21.29. Flotek Industries has a 12-month low of $10.95 and a 12-month high of $39.67. The stock has a market capitalization of $861.67 million, a price-to-earnings ratio of 24.03 and a beta of 1.47.

Flotek Industries (NYSE:FTK) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.13. The firm had revenue of $99.37 million during the quarter, compared to analyst estimates of $69.51 million. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%. On average, research analysts anticipate that Flotek Industries will post 0.7 earnings per share for the current fiscal year.

Flotek Industries Company Profile

Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.