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Lake Street analyst Robert Brown maintains Flotek Industries (NYSE:FTK) with a Buy and raises the price target from $40 to $44.
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Flotek Industries is expected to report Q3 2026 earnings of $0.22 per share (up 10% YoY) with revenues of $96.4 million (up 72.1% YoY) on November 3. The company has a positive Earnings ESP of +18.18% combined with a Zacks Rank #1, suggesting a likely earnings beat. The company previously delivered a 100% EPS surprise in the last quarter.
The German financial regulator, Bafin, has lowered the SREP capital requirements for flatexDEGIRO Bank and waived the previously existing individual capital surcharge.
The U.S. Environmental Protection Agency has approved Flotek's VeraCAL optical system as an alternative method for measuring flare vent gas composition and net heating value.