Forgent Power Solutions, Inc. (NYSE:FPS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Forgent Power Solutions, Inc. (NYSE:FPS) have been given a consensus recommendation of “Moderate Buy” by the thirteen brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $50.5455.

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Forgent Power Solutions from $49.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday. TD Securities reissued a “buy” rating and set a $63.00 price objective on shares of Forgent Power Solutions in a research report on Friday. KeyCorp increased their price objective on shares of Forgent Power Solutions from $41.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday. Wolfe Research set a $48.00 price objective on shares of Forgent Power Solutions in a research report on Monday, March 2nd. Finally, Bank of America assumed coverage on shares of Forgent Power Solutions in a research report on Monday, March 2nd. They set a “buy” rating and a $48.00 price objective for the company.

Forgent Power Solutions Stock Down 10.5%

Shares of FPS stock opened at $44.90 on Friday. The stock’s fifty day moving average is $34.92. Forgent Power Solutions has a 12-month low of $25.95 and a 12-month high of $51.00.

Forgent Power Solutions News Summary

Here are the key news stories impacting Forgent Power Solutions this week:

• Positive Sentiment: Goldman Sachs raised its price target on Forgent Power Solutions (FPS) to $60 from $49 and reiterated a buy rating, signaling expectations for more upside. Benzinga
• Positive Sentiment: KeyCorp also boosted its price target to $60 from $41 and kept an overweight rating, adding to the bullish analyst momentum. Benzinga
• Positive Sentiment: The company reported fiscal Q3 revenue of $378.7 million, up 103% year over year, and said bookings and backlog remained strong, supporting the growth narrative. Business Wire
• Positive Sentiment: Management raised fiscal 2026 guidance, with revenue outlook of $392 million to $432 million, which reinforced optimism about continued demand. Business Wire
• Neutral Sentiment: Forgent’s Q3 earnings call transcript and related media coverage focused attention on the stock, but do not add new operating details beyond the results and outlook. Seeking Alpha
• Neutral Sentiment: Unusual call-option buying showed increased speculative interest in FPS, which may be amplifying trading volume and volatility. Benzinga
• Negative Sentiment: Despite strong revenue growth, the company missed earnings expectations with EPS of $0.08 versus the $0.17 estimate, which could temper some enthusiasm. MarketBeat

About Forgent Power Solutions

We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs.