Flotek Industries (NYSE:FTK) Raised to “Strong-Buy” at Zacks Research

Posted by Geri Gentry on Oct 21st, 2026

Flotek Industries (NYSE:FTK – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.

Several other research analysts have also recently commented on the stock. Lake Street Capital boosted their price target on shares of Flotek Industries from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. JonesTrading assumed coverage on shares of Flotek Industries in a research report on Thursday, July 9th. They issued a “buy” rating and a $40.00 price objective on the stock. Finally, Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $34.67.

Read Our Latest Stock Report on Flotek Industries

Flotek Industries Stock Down 2.0%

FTK stock opened at $24.02 on Monday. The company’s 50 day moving average price is $27.27 and its 200 day moving average price is $23.79. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.50 and a current ratio of 1.78. Flotek Industries has a fifty-two week low of $13.19 and a fifty-two week high of $39.67. The firm has a market capitalization of $869.97 million, a price-to-earnings ratio of 24.26 and a beta of 1.42.

Flotek Industries (NYSE:FTK – Get Free Report) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.13. The firm had revenue of $99.37 million for 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 anticipate that Flotek Industries will post 0.79 EPS for the current fiscal year.

Insider Activity

In other Flotek Industries news, Director Matthew Wilks bought 1,319,493 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average price of $26.01 per share, with a total value of $34,320,012.93. Following the transaction, the director owned 1,477,285 shares of the company’s stock, valued at approximately $38,424,182.85. The trade was a 836.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $26.01, for a total value of $60,000,024.06. Following the sale, the insider directly owned 3,693,194 shares in the company, valued at $96,059,975.94. This trade represents a 38.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On Flotek Industries

Institutional investors have recently added to or reduced their stakes in the business. Masters Capital Management LLC boosted its holdings in Flotek Industries by 8.9% in the first 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 purchasing an additional 89,438 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Flotek Industries by 71.4% in the first quarter. Dimensional Fund Advisors LP now owns 691,593 shares of the oil and gas company’s stock valued at $11,736,000 after purchasing an additional 288,064 shares during the last quarter. Squarepoint Ops LLC increased its stake in Flotek Industries by 51.8% in the second quarter. Squarepoint Ops LLC now owns 111,425 shares of the oil and gas company’s stock valued at $2,621,000 after purchasing an additional 38,046 shares during the last quarter. Round Rock Advisors LLC increased its stake in 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 during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Flotek Industries by 10.4% during the first quarter. Principal Financial Group Inc. now owns 80,480 shares of the oil and gas company’s stock worth $1,366,000 after purchasing an additional 7,564 shares in the last quarter. Hedge funds and other institutional investors own 10.90% of the company’s stock.

Trending Headlines about Flotek Industries

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

Negative Sentiment: The lawsuit alleges Flotek failed to disclose material adverse information about the Puerto Rico project, including doubts about a consortium partner’s ability to perform, an allegedly unauthorized third-party signature, and the involvement of a convicted felon. These allegations could increase regulatory, legal, reputational and financial risks for the company. Flotek shareholder alert
Negative Sentiment: Investor notices also cite the Puerto Rico Oversight Board’s revocation of contract approval under PROMESA Section 204, criminal referrals and the resulting collapse of an approximately $400 million backlog. If confirmed, the loss of this expected business could undermine future revenue and growth expectations. FTK shareholder alert
Negative Sentiment: Several firms, including DJS Law Group, Pomerantz, Johnson Fistel, Rosen and others, are urging shareholders who purchased Flotek securities during the stated August 3–17, 2026 class period to participate or seek lead-plaintiff status. The unusually high volume of legal solicitations is reinforcing investor concern, although the claims remain allegations and have not been proven in court. Flotek securities lawsuit notice
Neutral Sentiment: The October 26 deadline is primarily a procedural milestone for investors seeking to lead the class action; it does not itself establish liability or determine the lawsuit’s outcome. Nevertheless, investors may continue to monitor Flotek’s disclosures for responses to the allegations and updates on the Puerto Rico contract. Rosen Flotek deadline notice

About Flotek Industries

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Flotek Industries, Inc is a technology company that develops and supplies specialty green chemistry and data-driven solutions for the energy industry. Its offerings are designed to help oil and natural gas producers improve well performance, manage production processes and reduce the environmental impact of energy operations.

Through its Chemistry Technologies segment, Flotek provides biodegradable and environmentally focused chemical products used in drilling, cementing, stimulation, completion and production activities.