Forgent Power Solutions (NYSE:FPS) Raised to “Strong-Buy” at Zacks Research

Posted by George Bondi on Oct 9th, 2026

Forgent Power Solutions (NYSE:FPS – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

Several other equities research analysts also recently weighed in on FPS. TD Cowen increased their target price on shares of Forgent Power Solutions from $73.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, September 16th. Wolfe Research reiterated an “outperform” rating and set a $60.00 price target on shares of Forgent Power Solutions in a report on Thursday, July 9th. Wells Fargo & Company assumed coverage on shares of Forgent Power Solutions in a research note on Thursday, September 24th. They issued an “equal weight” rating and a $44.00 price objective for the company. KeyCorp restated an “overweight” rating on shares of Forgent Power Solutions in a research report on Wednesday, September 16th. Finally, Robert W. Baird initiated coverage on Forgent Power Solutions in a report on Wednesday, July 15th. They issued an “outperform” rating and a $55.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.43.

Read Our Latest Analysis on FPS

Forgent Power Solutions Price Performance

NYSE:FPS opened at $39.76 on Wednesday. The firm has a market capitalization of $12.10 billion and a price-to-earnings ratio of 101.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.54 and a quick ratio of 1.07. The business has a 50 day simple moving average of $35.42 and a 200-day simple moving average of $40.71. Forgent Power Solutions has a 1 year low of $25.95 and a 1 year high of $66.00.

Forgent Power Solutions (NYSE:FPS – Get Free Report) last released its quarterly earnings results on Tuesday, September 15th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $461.67 million for the quarter. Forgent Power Solutions had a return on equity of 24.59% and a net margin of 5.76%.The business’s revenue 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. Equities analysts forecast that Forgent Power Solutions will post 1.24 EPS for the current year.

Institutional Investors Weigh In On Forgent Power Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in Forgent Power Solutions in the 2nd quarter valued at about $30,000. Triumph Capital Management purchased a new position in shares of Forgent Power Solutions during the second quarter worth approximately $39,000. GAMMA Investing LLC raised its stake in shares of Forgent Power Solutions by 918.5% during the third quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock valued at $35,000 after acquiring an additional 845 shares in the last quarter. IFP Advisors Inc purchased a new stake in shares of Forgent Power Solutions in the second quarter valued at approximately $48,000. Finally, Hollencrest Capital Management bought a new position in Forgent Power Solutions in the second quarter worth approximately $56,000.

About Forgent Power Solutions

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Forgent Power Solutions, Inc is an electrical infrastructure company that provides equipment and related solutions used in power generation, transmission, distribution and industrial applications. Its offerings support the delivery, control and management of electricity across utility and commercial power systems.

The company’s products and services include transformers, switchgear, substations and other electrical distribution equipment. These solutions are used by electric utilities, industrial customers, commercial facilities and other organizations that require reliable power infrastructure.

Forgent Power Solutions serves customers involved in the North American power and electrical infrastructure markets.