Forgent Power Solutions (NYSE:FPS) Price Target Raised to $76.00 at TD Cowen

Forgent Power Solutions (NYSE:FPS) had its target price upped by analysts at TD Cowen from $73.00 to $76.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 141.63% from the stock’s current price.

A number of other equities analysts also recently commented on FPS. Robert W. Baird initiated coverage on shares of Forgent Power Solutions in a report on Wednesday, July 15th. They issued an “outperform” rating and a $55.00 price objective for the company. Jefferies Financial Group increased their price target on Forgent Power Solutions from $44.00 to $56.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Zacks Research cut Forgent Power Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Wolfe Research reiterated an “outperform” rating and set a $60.00 price objective on shares of Forgent Power Solutions in a research report on Thursday, July 9th. Finally, Weiss Ratings cut Forgent Power Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Forgent Power Solutions currently has an average rating of “Moderate Buy” and an average price target of $57.00.

Forgent Power Solutions Stock Performance

Shares of FPS opened at $31.45 on Wednesday. Forgent Power Solutions has a 52-week low of $25.95 and a 52-week high of $66.00. The company has a quick ratio of 1.16, a current ratio of 1.64 and a debt-to-equity ratio of 0.99. The firm has a market cap of $9.58 billion and a price-to-earnings ratio of 209.69. The business’s 50 day moving average is $35.63 and its two-hundred day moving average is $40.19.

Forgent Power Solutions (NYSE:FPS) last posted its quarterly earnings data on Tuesday, September 15th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $461.67 million for the quarter. Forgent Power Solutions had a net margin of 2.17% and a return on equity of 12.14%. The company’s revenue for the quarter was up 94.3% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.260-1.400 EPS. Analysts forecast that Forgent Power Solutions will post 0.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new stake in Forgent Power Solutions in the second quarter worth approximately $846,000. Tidal Investments LLC bought a new position in shares of Forgent Power Solutions during the 2nd quarter valued at $7,858,000. MCF Advisors LLC acquired a new stake in shares of Forgent Power Solutions in the 2nd quarter valued at $1,000,000. Scholtz & Company LLC bought a new stake in Forgent Power Solutions in the second quarter worth $1,892,000. Finally, WINTON GROUP Ltd bought a new stake in Forgent Power Solutions in the second quarter worth $2,095,000.

Forgent Power Solutions News Summary

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

• Positive Sentiment: Strong quarterly performance: Fiscal fourth-quarter revenue rose 94% year over year to approximately $462 million, while adjusted EPS of $0.25 exceeded the $0.24 consensus estimate. The company said it exceeded the high end of its prior guidance. Forgent Reports Record Fourth Quarter and Full Year 2026 Results
• Positive Sentiment: Above-consensus fiscal 2027 outlook: Management projects EPS of $1.26–$1.40, versus the $1.14 analyst consensus, and revenue of $2.4–$2.6 billion, compared with expectations of approximately $2.1 billion. The outlook implies roughly 76% revenue growth at the midpoint. Forgent Power Solutions Stock Rises After Issuing 2027 Guidance
• Positive Sentiment: Record demand visibility: Forgent entered fiscal 2027 with an all-time-high backlog reportedly near $3 billion and record orders. This supports the view that data-center and broader grid-infrastructure demand remains strong despite concerns about a potential slowdown in artificial-intelligence spending. Why This Energy Stock Is Showing Data Center Demand Is Hot
• Positive Sentiment: Bullish options activity: Traders purchased 21,324 call options, about 286% above average daily call volume, while additional reports cited heavy call buying. This suggests increased speculative and directional interest in FPS. Stock Traders Purchase Large Volume of Forgent Power Solutions Call Options
• Neutral Sentiment: Near-term execution remains important: First-quarter fiscal 2027 revenue guidance of $445 million–$465 million is broadly aligned with the $456.7 million consensus estimate, indicating that the larger bullish thesis depends on sustained execution through the remainder of the year.
• Negative Sentiment: Valuation and profitability risks: FPS trades at a very high reported price-to-earnings ratio, while its latest net margin was only 2.17%. Any disappointment against the aggressive growth outlook could lead to heightened volatility.

Forgent Power Solutions Company Profile

Forgent Power Solutions, Inc develops and manufactures products used in electric power transmission and distribution infrastructure. Its offerings support the generation, transmission, distribution and management of electrical power for utility and industrial applications.

The company’s product portfolio includes equipment and components used in overhead and underground power networks, including electrical connectors, fittings, line hardware and other engineered solutions designed to support the reliability and efficiency of power-delivery systems.

Forgent Power Solutions serves electric utilities, distributors and industrial customers, primarily through markets connected to North American power infrastructure.