Oppenheimer Issues Pessimistic Forecast for Forgent Power Solutions (NYSE:FPS) Stock Price

Forgent Power Solutions (NYSE:FPS) had its target price lowered by equities research analysts at Oppenheimer from $60.00 to $40.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer‘s price objective indicates a potential upside of 81.24% from the company’s current price.

FPS has been the topic of several other research reports. Weiss Ratings cut shares of Forgent Power Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. TD Cowen cut their target price on shares of Forgent Power Solutions from $76.00 to $55.00 and set a “buy” rating for the company in a research report on Friday. Roth Capital started coverage on shares of Forgent Power Solutions in a research report on Friday, November 6th. They issued a “buy” rating for the company. JPMorgan Chase & Co. reduced their target price on Forgent Power Solutions from $49.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Zacks Research upgraded Forgent Power Solutions from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Forgent Power Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Forgent Power Solutions Price Performance

FPS traded down $0.08 on Friday, reaching $22.07. The company had a trading volume of 10,025,604 shares, compared to its average volume of 12,191,900. The business has a 50 day simple moving average of $31.67 and a 200 day simple moving average of $37.93. The company has a market cap of $6.72 billion and a price-to-earnings ratio of 56.59. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.54. Forgent Power Solutions has a 52-week low of $17.67 and a 52-week high of $66.00.

Forgent Power Solutions (NYSE:FPS) last announced its earnings results on Thursday, November 12th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.06. Forgent Power Solutions had a net margin of 7.43% and a return on equity of 31.78%. The business had revenue of $478.57 million during the quarter. The company’s revenue was up 68.9% compared to the same quarter last year. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. As a group, sell-side analysts anticipate that Forgent Power Solutions will post 1.29 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Tidal Investments LLC purchased a new stake in Forgent Power Solutions during the 2nd quarter valued at about $7,858,000. Spyglass Capital Management LLC purchased a new position in Forgent Power Solutions in the 2nd quarter worth approximately $39,401,000. Scholtz & Company LLC bought a new stake in Forgent Power Solutions in the second quarter valued at approximately $1,892,000. Moore Capital Management LP bought a new stake in Forgent Power Solutions in the second quarter valued at approximately $10,401,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in shares of Forgent Power Solutions by 223.2% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 54,300 shares of the company’s stock valued at $2,033,000 after purchasing an additional 37,500 shares during the period.

Trending Headlines about Forgent Power Solutions

These are some of the FPS headlines that stood out recently:

• Positive Sentiment: Management raised its fiscal 2027 outlook and sees AI-lab and hyperscaler orders building through 2028, supporting the longer-term demand case for its data-center power equipment. Revenue guidance is $2.5 billion–$2.7 billion and EPS guidance is $1.30–$1.44. CEO on AI and hyperscaler demand
• Neutral Sentiment: Analysts lowered price targets but kept positive ratings: Oppenheimer cut its target to $40 and Baird to $38, both with “outperform” ratings; TD Cowen cut to $55 with “buy,” KeyCorp to $46 with “overweight,” and Bernstein to $33 with “outperform.” The cuts signal reduced expectations, though all targets remain above the recent $22.07 share price. Oppenheimer analyst ratings
• Negative Sentiment: FPS shares sold off despite the strong quarter. Reports point to concerns about the full-year outlook and whether the stock’s valuation is justified, suggesting investors may want stronger evidence that growth will translate into sustained earnings. Why Forgent shares fell

Forgent Power Solutions Company Profile

Forgent Power Solutions designs and manufactures electrical power distribution equipment for applications that require reliable, continuous power. Its products support the delivery and management of electricity within facilities, including data centers and other commercial and industrial environments. The company focuses on equipment used in critical power systems, where dependable distribution is essential to operations. Forgent serves customers primarily in North America, with products and services supporting facilities in other markets as well.