UBS Rates TechnipFMC (FTI) Buy, $89 Price Target
UBS has reaffirmed its Buy rating on TechnipFMC plc with a target price of $89.00, a 27.12% upside from the current price.
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UBS rated TechnipFMC plc ($FTI) "Buy" with a $89 price target on October 13, 2026.
Since the rating, $FTI is down 1.5% to date (from the $70.72 close on Oct 13, 2026).
Key Points
- UBS has reiterated its Buy rating on TechnipFMC plc with a price target of $89.00 as of October 13, 2026.
- UBS's $89 price target implies 27.12% upside from TechnipFMC plc's ($FTI) current $70.01 share price.
- The stock recently traded at $70.01, which is about 21.3% below UBS's target price.
- TechnipFMC is set to report its next earnings on October 29, 2026, following a year of 9.0% revenue growth.
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UBS has reaffirmed its Buy rating on TechnipFMC plc (NYSE: FTI) with a price target of $89.00 as of October 13, 2026. This comes as the stock recently traded at $70.01, indicating a gap of about 21.3% below the new target price.
UBS's Call on TechnipFMC
UBS maintained its Buy rating with a target of $89.00. This is the firm's first target for TechnipFMC, as it did not have a prior target. The ongoing support from UBS suggests confidence in the company's potential growth in the energy sector.
Other Institutional Activity in TechnipFMC
Several other institutional investors have also been active with TechnipFMC shares. Blackrock Inc. grew its holdings by 5,189,951 shares, bringing its total to about 46.5 million shares worth approximately $3.24 billion. State Street Corporation added 2,681,829 shares, ending with about 15.6 million shares valued at around $1.09 billion. Meanwhile, Price (T. Rowe) Associates Inc. reduced its stake by 5,531,604 shares, now holding about 25.7 million shares worth about $1.79 billion.
TechnipFMC plc Stock Down 2.8%
The shares of TechnipFMC are currently trading at $70.01, which is significantly lower than UBS's target price of $89.00. This suggests that investors may have room for growth if the company meets its performance expectations. The stock has shown some volatility, but with a revenue growth of 9.0% year-over-year, there's potential for recovery.
$FTI price target
TechnipFMC plc daily closes and this analyst's $89 target. Not advice.
Recent Earnings
In its most recent earnings report, TechnipFMC reported a trailing twelve-month revenue of approximately $10.42 billion and an earnings per share (EPS) of $2.86. The company's net margin stands at 11.3%, and it has a return on equity (ROE) of 35.8%. The next earnings report is scheduled for October 29, 2026.
Insider Buying and Selling at TechnipFMC plc
Recent insider transactions include Eric D. Mullins, a Director, who bought 6,365 shares at an average price of $78.55 on August 14, 2026, totaling about $499,971. Other insiders, including Luana Duffe and O'Leary John C. G., sold shares earlier in May and June, but these sales were not under a planned trading strategy.
Analysts Set New Price Targets
On October 13, 2026, UBS initiated its coverage on TechnipFMC with a Buy rating and a target price of $89.00. Earlier, on October 15, Barclays maintained an Overweight rating, adjusting its target slightly from $87.00 to $86.00. The consensus among analysts indicates a positive outlook for TechnipFMC, with a mean price target reflecting optimism about its future performance.
About TechnipFMC
TechnipFMC plc, based in Newcastle upon Tyne, United Kingdom, operates in the oil and gas sector, providing technology and services for various projects worldwide. The company focuses on subsea and surface technologies, playing a significant role in energy projects across multiple regions.
Bottom Line
Investors should watch for TechnipFMC's earnings report on October 29, 2026, and any further analyst updates. UBS's reaffirmed Buy rating and target price suggest ongoing confidence in the company's growth potential in the energy market.
Source: UBS's rating change on $FTI (Oct 13, 2026). Written by software, not financial advice. How we make alerts
