Flotek Industries, Inc. (NYSE:FTK) Stock Has Consensus Target Price of $34.67 According to Analysts

by · The Markets Daily

Flotek Industries, Inc. (NYSE:FTK – Get Free Report) has earned a consensus recommendation of “Buy” from the five brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $34.67.

A number of brokerages have recently issued reports on FTK. JonesTrading started coverage on Flotek Industries in a research note on Thursday, July 9th. They issued a “buy” rating and a $40.00 price target on the stock. Lake Street Capital lifted their target price on shares of Flotek Industries from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Finally, Zacks Research raised shares of Flotek Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th.

Get Our Latest Report on FTK

Insider Buying and Selling

In related news, Director Matthew Wilks purchased 1,319,493 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average price of $26.01 per share, with a total value of $34,320,012.93. Following the completion of the acquisition, the director owned 1,477,285 shares in the company, valued at $38,424,182.85. This trade represents a 836.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $26.01, for a total value of $60,000,024.06. Following the completion of the sale, the insider directly owned 3,693,194 shares of the company’s stock, valued at approximately $96,059,975.94. This represents a 38.45% decrease in their position. The SEC filing for this sale provides additional information. 2.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FTK. Inspire Investing LLC acquired a new position in Flotek Industries in the 3rd quarter valued at about $656,000. Range Financial Group LLC acquired a new position in shares of Flotek Industries in the third quarter valued at approximately $1,560,000. State of Alaska Department of Revenue acquired a new position in shares of Flotek Industries in the third quarter valued at approximately $37,000. Squarepoint Ops LLC increased its stake in Flotek Industries by 51.8% during the 2nd quarter. Squarepoint Ops LLC now owns 111,425 shares of the oil and gas company’s stock worth $2,621,000 after buying an additional 38,046 shares during the period. Finally, Round Rock Advisors LLC grew its position in shares of Flotek Industries by 203.4% during the second quarter. Round Rock Advisors LLC now owns 81,471 shares of the oil and gas company’s stock worth $1,916,000 after buying an additional 54,620 shares in the last quarter. 10.90% of the stock is currently owned by hedge funds and other institutional investors.

Flotek Industries Trading Up 2.9%

Shares of NYSE:FTK opened at $23.87 on Friday. Flotek Industries has a 1 year low of $13.19 and a 1 year high of $39.67. The firm has a market capitalization of $864.64 million, a price-to-earnings ratio of 24.11 and a beta of 1.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. The business’s 50 day moving average price is $26.57 and its 200-day moving average price is $23.91.

Flotek Industries (NYSE:FTK – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The company had revenue of $99.37 million during the quarter, compared to analysts’ expectations of $69.51 million. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. On average, equities research analysts forecast that Flotek Industries will post 0.79 earnings per share for the current fiscal year.

Flotek Industries News Roundup

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

  • Positive Sentiment: An analyst-price-target report cited an average target of $34.67, above Flotek’s recent trading level, suggesting potential upside if the company’s earnings and outlook remain on track. Flotek Industries average price target report
  • Neutral Sentiment: Several law firms, including Kaplan Fox, Rosen, Howard G. Smith, Bronstein Gewirtz & Grossman, Pomerantz, SBS, Bernstein Liebhard, and Faruqi & Faruqi, reminded investors that October 26, 2026 is the deadline to seek lead-plaintiff status in a federal securities class action involving purchases made from August 3 through August 17, 2026. These releases are substantially duplicative and do not indicate a new court ruling or settlement. Kaplan Fox deadline alert
  • Negative Sentiment: The lawsuit alleges that Flotek and certain officers violated federal securities laws in connection with statements about a roughly $400 million PREPA contract, which was terminated 16 days after being announced. CEO Ryan Ezell and CFO Bond Clement are named as individual defendants. If the claims advance, potential litigation costs, damages, and reputational harm could pressure the stock, although the allegations have not been proven. SueWallSt Flotek lawsuit alert

About Flotek Industries

(Get Free Report)

Flotek Industries, Inc is a technology-driven company that develops chemistry and data solutions for the energy and industrial markets. Its offerings are designed to help customers improve operational performance, manage environmental impacts and use resources more efficiently.

Through its Chemistry Technologies business, Flotek provides proprietary green chemistry products for oil and natural gas exploration and production, industrial water treatment and other industrial applications.

Further Reading