Flotek Industries (NYSE:FTK) Shares Gap Up – What’s Next?

Posted by George Bondi on Sep 11th, 2026

Flotek Industries, Inc. (NYSE:FTK – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $24.37, but opened at $26.93. Flotek Industries shares last traded at $27.2550, with a volume of 107,928 shares trading hands.

Key Flotek Industries News

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Weiss Ratings lowered shares of Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 4th. JonesTrading started coverage on shares of Flotek Industries in a report on Thursday, July 9th. They set a “buy” rating and a $40.00 target price on the stock. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

Check Out Our Latest Analysis on FTK

Flotek Industries Stock Down 1.6%

The firm has a market cap of $993.48 million, a P/E ratio of 27.71 and a beta of 1.47. The firm’s 50-day moving average price is $26.76 and its 200 day moving average price is $21.58. 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 (NYSE:FTK – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.13. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. The business had revenue of $99.37 million during the quarter, compared to the consensus estimate of $69.51 million. On average, equities research analysts expect that Flotek Industries, Inc. will post 0.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP lifted its stake in shares of Flotek Industries by 97.2% in the 3rd quarter. Quarry LP now owns 3,855 shares of the oil and gas company’s stock worth $56,000 after acquiring an additional 1,900 shares during the period. New York State Common Retirement Fund acquired a new stake in Flotek Industries during the 2nd quarter worth about $102,000. California State Teachers Retirement System grew its stake in Flotek Industries by 510.1% during the 2nd quarter. California State Teachers Retirement System now owns 4,704 shares of the oil and gas company’s stock valued at $111,000 after acquiring an additional 3,933 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Flotek Industries during the 2nd quarter valued at about $115,000. Finally, Deutsche Bank AG acquired a new position in shares of Flotek Industries in the 4th quarter valued at about $150,000. Institutional investors own 10.90% of the company’s stock.

Flotek Industries Company Profile

(Get Free Report)

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.