Goldman initiated coverage on Forgent Power Solutions with a new price target
$FPS
Industrial Machinery/Components
Energy
Goldman initiated coverage of Forgent Power Solutions with a rating of Buy and set a new price target of $48.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/2/2026 | $48.00 | Buy | BofA Securities |
| 3/2/2026 | $44.00 | Overweight | Barclays |
| 3/2/2026 | $48.00 | Buy | Goldman |
| 3/2/2026 | $41.00 | Overweight | KeyBanc Capital Markets |
| 3/2/2026 | $38.00 | Equal-Weight | Morgan Stanley |
| 3/2/2026 | $44.00 | Buy | Jefferies |
| 3/2/2026 | $40.00 | Overweight | Analyst |
| 3/2/2026 | $43.00 | Outperform | Wolfe Research |
BofA Securities initiated coverage of Forgent Power Solutions with a rating of Buy and set a new price target of $48.00
Barclays initiated coverage of Forgent Power Solutions with a rating of Overweight and set a new price target of $44.00
KeyBanc Capital Markets initiated coverage of Forgent Power Solutions with a rating of Overweight and set a new price target of $41.00
4 - Forgent Power Solutions, Inc. (0002080126) (Issuer)
4 - Forgent Power Solutions, Inc. (0002080126) (Issuer)
4 - Forgent Power Solutions, Inc. (0002080126) (Issuer)
Fiscal Second Quarter 2026 Highlights Revenues of $296 million, an increase of 69% year-over-year Bookings of $762 million, an increase of 268% year-over-year Backlog of $1.5 billion, an increase of 100% and 45% year-over-year and quarter-over-quarter, respectively Book-to-bill ratio of 2.6x, an increase of 58% quarter-over-quarter Net Loss of $(0.1) million, a decrease of $6.5 million year-over-year Adjusted EBITDA of $60 million, an increase of 51% year-over-year Adjusted Net Income of $36 million, an increase of 66% year-over-year Full Year Fiscal 2026 Guidance Revenues in the range of $1,275 to $1,325 million, representing 73% year-over-year growth at the midp
Forgent Power Solutions, Inc. (NYSE:FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, will report financial results for its fiscal second quarter ended December 31, 2025, before the market opens on March 16, 2026, and management will host a conference call at 11:00 a.m. ET to discuss the results. The live webcast and replay, earnings press release and presentation materials will be available at ir.forgentpower.com. About Forgent Power Solutions Forgent (NYSE:FPS) is a leading U.S. designer and manufacturer of electrical distribution equipment used in data centers, the power grid
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Feb. 12, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on February 12th Markets are higher after mixed reactions to yesterday's hotter than expected Jobs Report as the Bureau of Labor Statistics reported that the U.S. economy added 130,000 jobs.Forgent Power Solutions (NYSE:FPS) is celebrating its early February IPO this morning with shares having jumped 22% since trading
10-Q - Forgent Power Solutions, Inc. (0002080126) (Filer)
8-K - Forgent Power Solutions, Inc. (0002080126) (Filer)
8-K - Forgent Power Solutions, Inc. (0002080126) (Filer)
Forgent Power Solutions, Inc. (NYSE:FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, will report financial results for its fiscal second quarter ended December 31, 2025, before the market opens on March 16, 2026, and management will host a conference call at 11:00 a.m. ET to discuss the results. The live webcast and replay, earnings press release and presentation materials will be available at ir.forgentpower.com. About Forgent Power Solutions Forgent (NYSE:FPS) is a leading U.S. designer and manufacturer of electrical distribution equipment used in data centers, the power grid