FTK Forecast


Bullish Case: FTK has strong recent momentum, growing 569.3% YOY with a forecasted revenue growth of 70% next year. High institutional interest and bullish AI forecast (+4.51% short-term).


Bearish Case: The stock price dropped 30% recently and is down 84.7% over 10 years. High short interest and potential overvaluation indicate investor skepticism and potential downside risk.


Potential Outcomes: Key outcomes: Continued revenue growth (70% YoY): 40%, Shrinking margins/competitive pressures: 30%, Major price swings due to volatility: 20%, Market misjudgment leading to revaluation: 10%. Based on historical performance and AI forecasts.


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June 28, 2024


Flotek Industries Forecast

FTK      Flotek Industries











Correlated Assets

Assets that tend to move strongly with FTK



ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (0.72)


DAKT Forecast + Options Trading Strategies   DAKT  Daktronics (0.71)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (0.69)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (0.63)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (0.6)



Uncorrelated Assets

Assets with little price relationship to FTK



SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.0)


VNET Forecast + Options Trading Strategies   VNET  VNET (0.0)


NET Forecast + Options Trading Strategies   NET  Cloudflare (-0.0)


SMG Forecast + Options Trading Strategies   SMG  Scotts Miracle-Gro (-0.0)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (0.0)



Anticorrelated Assets

Assets that tend to move strongly against FTK



MORF Forecast + Options Trading Strategies   MORF  Morphic (-0.75)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (-0.76)


SJM Forecast + Options Trading Strategies   SJM  J.M. Smucker (-0.76)


MNRO Forecast + Options Trading Strategies   MNRO  Monro (-0.82)


CLX Forecast + Options Trading Strategies   CLX  Clorox (-0.82)





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