Q3 Earnings Estimate for FTK Issued By Northland Securities

Flotek Industries, Inc. (NYSE:FTK) – Equities research analysts at Northland Securities raised their Q3 2026 EPS estimates for Flotek Industries in a research note issued on Thursday, September 10th. Northland Securities analyst J. Grampp now anticipates that the oil and gas company will post earnings of $0.23 per share for the quarter, up from their previous forecast of $0.20. The consensus estimate for Flotek Industries’ current full-year earnings is $0.75 per share. Northland Securities also issued estimates for Flotek Industries’ Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $0.82 EPS.

Several other brokerages also recently weighed in on FTK. JonesTrading assumed coverage on shares of Flotek Industries in a report on Thursday, July 9th. They issued a “buy” rating and a $40.00 target price for the company. Weiss Ratings downgraded Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.33.

Flotek Industries Stock Down 1.6%

Shares of FTK stock opened at $27.43 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. Flotek Industries has a one year low of $11.11 and a one year high of $39.67. The company’s fifty day moving average price is $26.76 and its 200-day moving average price is $21.58. The company has a market capitalization of $993.48 million, a price-to-earnings ratio of 27.71 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 for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The business had revenue of $99.37 million during the quarter, compared to analyst estimates of $69.51 million. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%.

Institutional Trading of Flotek Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kornitzer Capital Management Inc. KS bought a new position in Flotek Industries during the first quarter valued at approximately $876,000. Sei Investments Co. raised its holdings in shares of Flotek Industries by 100.0% during the 1st quarter. Sei Investments Co. now owns 76,076 shares of the oil and gas company’s stock worth $1,291,000 after acquiring an additional 38,038 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Flotek Industries by 71.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 691,593 shares of the oil and gas company’s stock valued at $11,736,000 after acquiring an additional 288,064 shares during the last quarter. Masters Capital Management LLC boosted its position in shares of Flotek Industries by 8.9% during the 1st quarter. Masters Capital Management LLC now owns 1,089,438 shares of the oil and gas company’s stock valued at $18,488,000 after acquiring an additional 89,438 shares during the last quarter. Finally, Round Rock Advisors LLC grew its holdings in shares of Flotek Industries by 203.4% in the second quarter. Round Rock Advisors LLC now owns 81,471 shares of the oil and gas company’s stock valued at $1,916,000 after purchasing an additional 54,620 shares in the last quarter. 10.90% of the stock is currently owned by institutional investors.

Key Headlines Impacting Flotek Industries

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

• Positive Sentiment: Flotek raised its 2026 revenue outlook to $360 million–$370 million, above the roughly $345.4 million analyst estimate, and increased its adjusted EBITDA guidance. Management attributed the improvement to continued strength in international chemistry sales. Flotek Raises 2026 Guidance Again on Continued Strength of International Sales
• Positive Sentiment: The higher outlook prompted reports that Flotek shares moved higher in premarket and regular trading, reinforcing the market’s positive response to improving international demand and earnings expectations. Flotek Industries Ups Annual Outlook
• Neutral Sentiment: Multiple law firms reminded investors of an October 26, 2026 deadline to seek lead-plaintiff status in a federal securities lawsuit. These notices largely repeat the same litigation information rather than represent new operational developments. Rosen Flotek Investor Notice
• Negative Sentiment: The lawsuit alleges investors were harmed by disclosures surrounding a purported $400 million Puerto Rico power contract, which represented approximately 57% of Flotek’s backlog. The contract was subsequently terminated, and the complaints allege that credible concerns about the consortium behind it were not adequately disclosed. The allegations have not been proven, but potential damages, legal costs, and disclosure concerns may weigh on FTK. FTK Securities Class Action Deadline Alert

About Flotek Industries

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.