FTI TechnipFMC plc

$FTI reported earnings before the open: adjusted EPS of $1.05 vs. $0.88 estimated, a beat of 19.9%. I used Stock Meadow to review the results.

$FTI Can a 0.8x Subsea book-to-bill carry TechnipFMC's first 2027 guide of $10.0B–$10.4B revenue? 🏢 TechnipFMC, the Houston-based maker of subsea oil and gas production systems, worth about $28.00B at $71.4 a share at 16:00 ET on October 28, 2026, set 2027 Subsea revenue at $10.0B–$10.4B with a 22.5–24.0% adjusted EBITDA margin 📉 Q3 Subsea orders fell 13.9% year on year to $2.05B, a 0.8x book-to-bill, and $6.06B of backlog, 59% of the guide's midpoint, is set for 2027, though backlog omits some Subsea Services revenue 📅 Management expects at least $14.5B of Subsea orders over the next five quarters, about $2.9B a quarter, well above Q3's pace 📅 Next: TechnipFMC discusses the quarter on Thursday, October 29, 2026 at 12:30 p.m. London time; all other 2027 guidance comes in the fourth-quarter 2026 earnings release Source: SEC 8-K and Q3 release, Oct 29, 2026

$FTI Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.05 up 40.00% YoY • Reported revenue of $2.9B up 9.39% YoY • TechnipFMC increased 2026 Subsea revenue guidance to $9.6B and free cash flow guidance to $1.45B; 2027 Subsea revenue guidance is $10B and adjusted EBITDA margin 22.524.0%.

$FTI reports earnings tomorrow before the open. I’m bullish heading into the report: FTI has beaten EPS estimates in 7 of its last 8 reports, according to Stock Meadow.

$FTI SST 3–5 Day Swing Setup Preferred entry: $68.00–$69.50 on a controlled pullback Breakout entry: Above $71.20 with volume Stop loss: $66.80 Target 1: $72.20 Target 2: $75.00–$76.00 Extended target: $79–$80.50 🟢 SST Verdict $FTI — BULLISH, BUT WAIT FOR CONFIRMATION SST AI Score: 7.8/10 The underlying story is strong, especially the subsea order environment and recent Petrobras/bp developments. The technical chart is recovering, but $71.20–$72.20 is the key area. For an SST-style 3–5 day trade, I would not chase FTI immediately before earnings. The cleaner signal would be a high-volume move through $71.20, or a strong post-earnings breakout.