Archived explainer. For the current picture see today's FTK page.
Why Is FLOTEK INDS INC DEL (FTK) Stock Up Today?
By the Top Tier Newswire AI Desk · October 13, 2026 at 4:20 PM ET · reviewed against 6 wire stories
FLOTEK INDS INC DEL (FTK) is up +5.54% in the latest session. Our newswire has captured 6 stories on FTK across 4 sources in the last 36 hours, with AI sentiment reading bearish (avg 37/100).
Public view, delayed 4h. Every headline, price and sentiment read below — and this write-up itself — reaches Pro subscribers live. Public readers see it once it clears the delay.
Flotek Industries Inc (FTK) shares rose 5.54% to $27.07 on Wednesday. The primary driver was a rebound following a period of volatility surrounding a $400 million Puerto Rico power contract. The stock also benefited from a recent upward revision to full-year sales guidance.
What Happened
Flotek announced its schedule for releasing third quarter 2026 financial and operating results. The company previously raised its FY2026 sales guidance from $340 million to $350 million to a new range of $360 million to $370 million. This guidance increase came after the company announced a 10-year power project with PREPA in Puerto Rico, which could add approximately $400 million in revenue backlog.
However, the announcement triggered a securities class action lawsuit. The complaint alleges investor harm related to disclosures tied to the Puerto Rico deal after a report suggested the contract was canceled. Flotek stated that the Puerto Rico Oversight Board members voted to direct PREPA to terminate the contract, but PREPA has not delivered a formal notice of termination. The company reaffirmed its FY2026 sales of $340 million to $350 million and adjusted EBITDA of $47 million to $51 million. Lake Street maintains a Buy rating on the stock with a price target of $44.
What The Data Shows
The stock opened at $25.39, a 1.0% gap down from the prior close of $25.65. It traded as low as $25.37 at 9:30 AM ET and reached a session high of $27.30 at 10:30 AM ET. Volume so far stands at 0.3 million shares, which is 0.7 times the 3-month daily average. The company has a market cap of $969.1 million and a P/E ratio of 26.0. Revenue grew 36.8% on a trailing twelve-month basis, with a net margin of 13.0%. The stock has a beta of 1.42 and a 52-week range of $13.19 to $39.67.
Recent insider activity includes a buy by Director Matthew Wilks on September 11, 2026. Profrac Gdm, LLC, a 10% holder, sold shares on the same date. Over the last 90 days, there was one buy totaling $34.3 million and one sell totaling $60.0 million. The stock printed 14 fresh 52-week highs on October 13, 2026.
What To Watch
Investors will focus on the upcoming third quarter 2026 earnings release and conference call. The lead plaintiff deadline for the securities class action is October 26, 2026.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
FTK · today's session (5-min) · +5.54% vs prior close · updated 5:54 PM ETAI sentiment, last 36h · averaged over 6 stories · 37/100 bearish
The headlines behind the move
Story flow · 6 stories on the wire, last 36h · hover or tap a dot for the headline
9h agoGlobeNewswireBEARISH 34General
FTK UPCOMING DEADLINE: SueWallSt Alerts Flotek Industries, Inc. Stockholders of Securities Class Action
Key Dates and Disclosure Events Shareholders Need to Know: a 14-day window in which Flotek announced a $400 million Puerto Rico power contract, saw shares...
11h agoMarketChameleonBEARISH 34General
FTK Class Action Targets Puerto Rico Deal Disclosures After a Report Alleged the $400M Contract Was Canceled
October 13, 2026
A shareholder class action involving Flotek Industries (FTK) focuses on disclosures tied to a 10-year PREPA power project that the company said could add approximately $400M in revenue backlog. The complaint, highlighted in a Robbins LLP press release, points to alleged undisclosed risks around consortium credibility and the possibility that PREPA revenue would not be realized, with an October 26, 2026 deadline to seek lead plaintiff status.
1d agoPR NewswireNEUTRAL 50Earnings
Flotek Announces Third Quarter 2026 Earnings Release and Conference Call Schedule
HOUSTON, Oct. 12, 2026 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its third quarter 2026 financial and operating results. The Company plans to issue its third quarter 2026 financial and operating...
1d agoGlobeNewswireBEARISH 34General
Bronstein, Gewirtz & Grossman LLC Urges Flotek Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
New class action for Flotek (FTK) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 10/26/2026...
1d agoBarchartBEARISH 34General
FTK Shareholder Alert: Flotek Industries, Inc. Securities Class Action Lawsuit - Investors Should Contact Levi & Korsinsky
1d agoGlobeNewswireBEARISH 34General
DEADLINE ALERT for FTK, INV, XTIA, and HYLN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
LOS ANGELES, Oct. 12, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of...
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