Why Forgent Power Stock Slumped This Week (And What You Should Do)
Forgent Power stock was listed in February 2026. Its largest shareholder is offloading shares, but that has nothing to do with Forgent's business.
FPS - Forgent Power Solutions, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$56.44
DETAILS
HIGH:
$63.00
LOW:
$48.00
MEDIAN:
$56.00
CONSENSUS:
$56.44
UPSIDE:
70.05%
Stock News
Forgent Power Solutions: A Much Healthier Backdrop Here
Forgent Power Solutions has demonstrated strong operational momentum post-IPO, with revenues surging and backlog expanding to $1.98 billion. Forgent raised over $1.3 billion via secondary offerings, resulting in a net cash position of about $800 million and a share count of 342 million. Current valuation remains demanding at 6-7x sales and 26x EBITDA, with adjusted earnings near $0.60 per share and shares trading around $33.
Conestoga SMid Cap Composite Q2 2026 Portfolio Review
West Pharmaceuticals stock moved higher following another quarter of broad-based growth, driven by continued demand for high-value biologics packaging and proprietary delivery components. Tyler Technologies underperformed during the quarter despite delivering solid financial results that met management's guidance. We were attracted to Knowles' accelerating organic growth, expanding margins, and exposure to several attractive long-term secular trends.
Forgent Power Solutions, Inc.’s Lock-Up Period Will Expire on August 4th (NYSE:FPS)
Forgent Power Solutions' (NYSE: FPS - Get Free Report) lock-up period will expire on Tuesday, August 4th. Forgent Power Solutions had issued 56,000,000 shares in its IPO on February 5th. The total size of the offering was $1,512,000,000 based on an initial share price of $27.00. After the end of the company's lock-up period, company insiders
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The Zacks Electronics - Miscellaneous Components industry players like NVT, FPS and VICR are benefiting from the solid adoption of AI and the democratization of IoT.
Best Momentum Stocks to Buy for July 15th
FPS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 15th, 2026.
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BB, NGL, VG, FPS and VIRT have been added to the Zacks Rank #1 (Strong Buy) List on July 15th, 2026.
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Forgent Power Solutions Announces Closing of Public Offering of Class A Common Stock
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of a public offering of its Class A common stock. The offering consists of 29,094,075 shares of Class A common stock sold by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholder.
Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
Forgent Power Solutions, Inc. (NYSE: FPS) (âForgentâ or the âCompanyâ), a leading designer and manufacturer of electrical distribution equipment used i
Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of an upsized public offering of its Class A common stock at a public offering price of $49.00 per share. The offering consists of 29,094,075 shares of Class A common stock being offered by parent entities of the.
Forgent Power Solutions Announces Public Offering of Class A Common Stock
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced a public offering of its Class A common stock. The offering consists of 23,328,582 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) an.
Forgent Power Solutions: The Data Center Power Trade Is Just Getting Started
Forgent Power Solutions (NYSE: FPS) is positioned as a critical supplier of custom electrical distribution equipment for data centers, directly benefiting from the AI-driven surge in power demand. FPS posted Q3 FY2026 revenue of $378.7M (up 103% Y/Y), with bookings up 308% and backlog reaching $1.98B, signaling robust demand and accelerating growth. Management guides for FY2026 revenue of $1.35–$1.39B and Adjusted EBITDA of $310–$320M, targeting an 82% Y/Y top-line increase and ~23% EBITDA margin amid ongoing capacity expansion.
Forgent Power Solutions Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of a public offering of its Class A common stock. The offering consists of 32,769,681 shares of Class A common stock sold by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholder.
Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
Forgent Power Solutions, Inc. (NYSE: FPS) (âForgentâ or the âCompanyâ), a leading designer and manufacturer of electrical distribution equipment used i
Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of an upsized public offering of its Class A common stock at a public offering price of $47.00 per share. The offering consists of 28,542,420 shares of Class A common stock being offered by parent entities of the.
Forgent Power Solutions Announces Public Offering of Class A Common Stock
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced a public offering of its Class A common stock. The offering consists of 23,741,398 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) an.
Forgent Power Solutions Announces Repricing of its Senior Credit Facilities
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced that on May 21, 2026 it repriced its revolving credit facility and term loan credit facility (the “Senior Credit Facilities”). Upon closing of the repricing, the applicable interest rate on borrowings under the Senior Credit.
Wall Street Analysts Think Forgent Power (FPS) Could Surge 25.87%: Read This Before Placing a Bet
The consensus price target hints at a 25.9% upside potential for Forgent Power (FPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Forgent Rides AI Infrastructure Boom With Healthy Demand Trends
FPS posts 103% revenue growth, record $867M bookings and near-$2B backlog as AI data center demand lifts its FY2026 outlook.
Price Targets
Forgent Power Solutions initiated with an Outperform at Baird
$55.00
(was $42.62)
Robert W. Baird
Forgent Power Solutions price target raised to $60 from $54 at Wolfe Research
$60.00
(was $46.28)
Nigel Coe
·
Wolfe Research
Forgent Power Solutions price target raised to $56 from $44 at Jefferies
$56.00
(was $52.90)
Jefferies
Forgent Power Solutions price target raised to $51 from $38 at Morgan Stanley
$51.00
(was $45.02)
Christopher Snyder
·
Morgan Stanley
Forgent Power Solutions price target raised to $63 from $45 at TD Securities
$63.00
(was $46.23)
TD Securities
Forgent Power Solutions price target raised to $60 from $43 at Oppenheimer
$60.00
(was $50.19)
Oppenheimer
Forgent Power Solutions price target raised to $60 from $41 at KeyBanc
$60.00
(was $50.19)
KeyBanc
Forgent Power Solutions price target raised to $55 from $44 at Barclays
$55.00
(was $50.19)
Julian Mitchell
·
Barclays
BofA Securities Starts Forgent Power Solutions (FPS) at Buy
$48.00
(was $34.39)
Wolfe Research
Goldman Sachs Starts Forgent Power Solutions (FPS) at Buy
$48.00
(was $34.39)
Joe Ritchie
·
Goldman Sachs
Jefferies Starts Forgent Power Solutions (FPS) at Buy
$44.00
(was $34.39)
Julien Dumoulin-Smith
·
Jefferies