TechnipFMC PLC

FTI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$76.00	Kdyr	Fqtgpzhvv

TechnipFMC Earnings: Strong Order Intake Sets Stage for Strong 2024; Fair Value Up to $21 From $18

Katherine Olexa

May 8, 2024

After incorporating TechnipFMC’s full financial and operating results for the first quarter, we’re raising our fair value estimate to $21 per share from $18. We maintain our no-moat rating and Very High Morningstar Uncertainty Rating.

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