- Cowen & Co. maintains a “Buy” rating on TechnipFMC, with a price target increase from $56 to $69.
- FTI’s Momentum Style Score of B suggests strong potential for continued upward price movement, attracting momentum investors.
- The stock has experienced a significant price increase, reaching a yearly high of $62.94, indicating potential for further gains.
TechnipFMC (NYSE:FTI) is a prominent player in the energy sector, specializing in subsea, onshore, offshore, and surface projects. The company provides technology-driven solutions to the oil and gas industry. As of February 20, 2026, Cowen & Co. maintained a “Buy” rating for FTI, with the stock priced at $61.95. TD Cowen also raised its price target from $56 to $69, as highlighted by TheFly.
Momentum investors are taking a keen interest in FTI, as noted by Zacks Investment Research. Momentum investing focuses on stocks that are trending upwards, with the aim of buying high and selling even higher. FTI’s Momentum Style Score of B suggests a strong potential for continued upward price movement, making it an attractive option for such investors.
FTI’s stock price has recently increased by 1.23%, reaching $62.52. The stock has shown significant volatility, with a daily low of $61.22 and a high of $62.94, which is also its highest price over the past year. This upward trend aligns with the momentum investing strategy, indicating potential for further gains.
The stock’s market capitalization stands at approximately $25.7 billion, reflecting its substantial presence in the market. With a trading volume of 3,667,004 shares on the NYSE, FTI demonstrates strong investor interest and liquidity. This level of activity supports the momentum investing approach, as high trading volumes often accompany price movements.
FTI’s price range over the past year has been notable, with a low of $22.12 and a recent high of $62.94. This significant increase in stock price over the year highlights the company’s growth potential and aligns with the positive outlook from analysts like Cowen & Co. and TD Cowen.
