Forgent Power Solutions (NYSE:FPS) Stock Rating Upgraded by Clear Str

Posted by Brian Himes on Oct 28th, 2026

Forgent Power Solutions (NYSE:FPS – Get Free Report) was upgraded by analysts at Clear Str to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Other equities research analysts have also issued reports about the stock. Wolfe Research reiterated an “outperform” rating and set a $60.00 price target on shares of Forgent Power Solutions in a research note on Thursday, July 9th. Robert W. Baird started coverage on Forgent Power Solutions in a report on Wednesday, July 15th. They set an “outperform” rating and a $55.00 price objective on the stock. TD Cowen lifted their target price on Forgent Power Solutions from $73.00 to $76.00 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Sanford C. Bernstein assumed coverage on Forgent Power Solutions in a report on Friday, October 2nd. They issued an “outperform” rating and a $48.00 target price for the company. Finally, JPMorgan Chase & Co. decreased their target price on Forgent Power Solutions from $56.00 to $49.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Three investment 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. Based on data from MarketBeat.com, Forgent Power Solutions has a consensus rating of “Moderate Buy” and an average price target of $54.21.

Check Out Our Latest Stock Report on FPS

Forgent Power Solutions Stock Up 7.4%

Shares of FPS opened at $26.99 on Monday. The stock has a 50 day moving average price of $33.82 and a 200 day moving average price of $38.99. The company has a market capitalization of $8.22 billion and a price-to-earnings ratio of 69.20. Forgent Power Solutions has a 52-week low of $23.16 and a 52-week high of $66.00.

Forgent Power Solutions (NYSE:FPS – Get Free Report) last released its quarterly earnings data on Tuesday, September 15th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $461.67 million for the quarter. 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. On average, equities analysts anticipate that Forgent Power Solutions will post 1.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Forgent Power Solutions

Institutional investors and hedge funds have recently made changes to their positions in the business. Value Aligned Research Advisors LLC acquired a new stake in shares of Forgent Power Solutions during the second quarter worth about $176,441,000. State Street Corp acquired a new position in Forgent Power Solutions in the 2nd quarter valued at about $118,073,000. Assenagon Asset Management S.A. raised its stake in Forgent Power Solutions by 177.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,900,452 shares of the company’s stock valued at $71,153,000 after acquiring an additional 1,216,571 shares during the last quarter. Spyglass Capital Management LLC purchased a new stake in Forgent Power Solutions during the 2nd quarter valued at approximately $39,401,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Forgent Power Solutions during the 2nd quarter worth approximately $23,123,000.

About Forgent Power Solutions

(Get Free Report)

Forgent Power Solutions, Inc is a North American provider of equipment and services used in electrical power distribution. The company supports utilities, commercial and industrial customers, renewable-energy projects, data centers, and other infrastructure operators that require reliable systems for managing and distributing electricity.

Its offerings include power transformers, switchgear, substations, and related electrical distribution equipment. Forgent also provides engineering, field services, maintenance, repair, and other support intended to help customers install, operate, and extend the useful life of critical power infrastructure.

The company serves customers across the United States and Canada through its manufacturing, distribution, and service operations.