Barclays Cuts TechnipFMC (FTI) Price Target to $86

Barclays keeps its Overweight rating on TechnipFMC, adjusting the price target to $86, a 22.84% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:17 PM EDT

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Barclays cut its price target on TechnipFMC plc ($FTI) to $86 from $87 on October 15, 2026, and rates the stock "Overweight".

Since the rating, $FTI is up 2.1% to date (from the $68.23 close on Oct 15, 2026).

FTI TechnipFMC plc

$69.67 +47.57% year to date

Daily close · Oct 16, 2026

Key Points

On October 15, 2026, Barclays reiterated its Overweight rating on TechnipFMC plc, lowering its price target from $87 to $86.
Barclays's $86 price target implies 22.84% upside from TechnipFMC plc's ($FTI) current $70.01 share price.
TechnipFMC shares are currently trading at $70.01, which is about 18.7% below the new target price.
The company's market cap stands at approximately $27.97 billion, and it has a P/E ratio of about 24.9.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated TechnipFMC plc alert may contain errors. Disclosures

Barclays has reaffirmed its Overweight rating on TechnipFMC plc (NYSE: FTI) and trimmed the price target from $87 to $86. This was announced on October 15, 2026. The stock is currently trading at $70.01, indicating that it is about 18.7% below the new target price.

Analyst rating track record

Barclays vs. the S&P 500

YTD return -0.14% hypothetical

All-time return -0.14% S&P 500 +0.30%

vs. S&P 500 -0.44% behind the index

Hypothetical returns from Barclays's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in TechnipFMC

Several institutional investors have adjusted their positions in TechnipFMC recently. BlackRock Inc. grew its holdings by 5,189,951 shares, ending with 46,478,346 shares valued at roughly $3.24 billion. In contrast, Price (T. Rowe) Associates Inc. reduced its stake by 5,531,604 shares, holding now 25,720,395 shares worth about $1.79 billion. Vanguard Portfolio Management LLC marginally increased its position, adding 84,249 shares for a total of 18,806,161 shares valued at around $1.31 billion. Vanguard Capital Management LLC slightly increased its stake by 28,808 shares, totaling 18,033,920 shares worth approximately $1.26 billion. State Street Corporation also upped its holdings by 2,681,829 shares, ending with 15,631,272 shares valued at about $1.09 billion.

TechnipFMC plc Stock Down 2.8%

TechnipFMC shares are trading at $70.01, down from the previous close of $72.02. The stock's current price is well below its 52-week high of $80.70 and near its 50-day moving average of $74.71. The stock has shown some volatility, as it has fallen from its recent highs.

12-month forecast

$FTI price target

TechnipFMC plc daily closes and this analyst's $86 target. Not advice.

Recent Earnings

In its most recent quarter, TechnipFMC reported revenue of approximately $10.42 billion, reflecting a growth rate of about 9%. The company's earnings per share (EPS) stood at $2.86, indicating a healthy net margin of around 11.3%. The next earnings report is expected on October 29, 2026.

Dividend

TechnipFMC pays an annual dividend rate of $0.20, resulting in a yield of approximately 0.28%. This payout represents a low dividend payout ratio of around 6.99%.

Insider Buying and Selling at TechnipFMC plc

Recent insider trading activity at TechnipFMC includes several notable transactions. On September 21, 2026, Officer Thierry Conti sold 6,000 shares at an average price of $71.85, totaling approximately $431,100. Director Eric D. Mullins bought 6,365 shares on August 14, 2026, at an average price of $78.55 for a total of around $499,971. Additionally, Director John C.G. O'Leary sold 6,350 shares on May 19, 2026, at $72.79, worth about $462,216. Officer Luana Duffe sold 1,870 shares on May 5, 2026, at an average price of $74.39, totaling approximately $139,109.

Analysts Set New Price Targets

On October 15, 2026, Barclays maintained its Overweight rating on TechnipFMC with a target price of $86. Prior to that, UBS initiated coverage with a Buy rating and a target of $89 on October 13, 2026. Citigroup also maintained its Buy rating with a target of $85 on September 15, 2026, up from $80.

About TechnipFMC

TechnipFMC plc is a company based in Newcastle upon Tyne, United Kingdom, that focuses on oil and gas projects, along with providing technologies, systems, and services related to the energy sector. It operates in various regions including Europe, North America, and the Middle East, through its Subsea and Surface Technologies segments.

Bottom Line

Looking ahead, investors will keep an eye on the upcoming earnings report on October 29, 2026, for more insights into TechnipFMC's performance. The latest analyst ratings and adjustments reflect ongoing confidence in the stock despite its recent price fluctuations. Note that this 13F filing does not necessarily represent current positions for the institution.