Forgent Power Solutions, Inc. (FPS)

NYSE: FPS · Real-Time Price · USD
45.02
-5.17 (-10.30%)
At close: May 15, 2026, 4:00 PM EDT
45.12
+0.10 (0.22%)
After-hours: May 15, 2026, 7:59 PM EDT
Market Cap13.71B
Revenue (ttm)1.20B +386.6%
Net Income25.99M
EPS0.11
Shares Out 304.43M
PE Ratio527.41
Forward PE44.52
Dividendn/a
Ex-Dividend Daten/a
Volume6,986,152
Open48.64
Previous Close50.19
Day's Range44.74 - 49.57
52-Week Range25.95 - 51.00
Betan/a
AnalystsBuy
Price Target49.00 (+8.84%)
Earnings DateMay 14, 2026

About FPS

Forgent Power Solutions, Inc designs and manufactures electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. The company’s products include automatic transfer switches (ATS), gear eHouses, generator connection cabinets, low voltage switchgear, low voltage transformers, medium voltage switchgear, medium voltage VPI transformers, padmount transformers, panelboards, paralleling switchgear, PDU transformers, power distribution units, power skids, remote power panels, substation transformer... [Read more]

IPO Date Feb 5, 2026
Employees 2,000
Stock Exchange NYSE
Ticker Symbol FPS
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for FPS stock is "Buy." The 12-month stock price target is $49.0, which is an increase of 8.84% from the latest price.

Price Target
$49.0
(8.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Forgent Power Solutions price target raised to $63 from $45 at TD Securities

TD Securities raised the firm’s price target on Forgent Power Solutions (FPS) to $63 from $45 and keeps a Buy rating on the shares. The firm said they reported upside…

1 day ago - TheFly

Forgent Power Solutions price target raised to $60 from $41 at KeyBanc

KeyBanc raised the firm’s price target on Forgent Power Solutions (FPS) to $60 from $41 and keeps an Overweight rating on the shares. Following the company’s Q3 earnings, although Data…

1 day ago - TheFly

Forgent Power Solutions price target raised to $57 from $48 at BofA

BofA raised the firm’s price target on Forgent Power Solutions (FPS) to $57 from $48 and keeps a Buy rating on the shares. Fiscal Q3 was “a solid beat” and…

1 day ago - TheFly

Forgent Power Solutions price target raised to $60 from $43 at Oppenheimer

Oppenheimer raised the firm’s price target on Forgent Power Solutions (FPS) to $60 from $43 and keeps an Outperform rating on the shares. The firm notes shares traded up Thursday…

1 day ago - TheFly

Forgent Power Solutions price target raised to $55 from $44 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on Forgent Power Solutions (FPS) to $55 from $44 and keeps an Overweight rating on the shares post the fiscal Q3…

1 day ago - TheFly

Forgent Power Solutions Earnings Call Transcript: Q3 2026

Record Q3 results with 103% revenue growth, strong bookings, and margin expansion. Raised FY26 guidance reflects robust demand in data center and grid markets, with backlog and cash flow both at record levels.

2 days ago - Transcripts

Forgent Power Solutions reports Q3 revenue $379M, consensus $341.91M

Reports Q3 bookings of $867M, up 308% year-over-year; book-to-bill ratio of 2.3x and a backlog of $1.98B, an increase of 157% year-over-year and 33% quarter-over-quarter, respectively Q3 net Income wa...

2 days ago - TheFly

Forgent Power Solutions sees FY26 revenue $1.35B-$1.39B, consensus $1.3B

06:42 EDT Forgent Power Solutions (FPS) sees FY26 revenue $1.35B-$1.39B, consensus $1.3B

2 days ago - TheFly

Forgent Reports Third Quarter 2026 Results, Raises Fiscal 2026 Guidance on Record Orders, Backlog and Sequential Margin Expansion

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. ("Forgent" or the "Company") (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, t...

2 days ago - Business Wire

Forgent Power Solutions, Inc. to Report Fiscal Third Quarter 2026 Results

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-inte...

12 days ago - Business Wire

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, t...

6 weeks ago - Business Wire

Forgent Power Solutions prices 20.69M shares at $29.50 in public offering

Forgent Power Solutions (FPS) announced the pricing of a public offering of its Class A common stock at a public offering price of $29.50 per share. The offering consists of…

7 weeks ago - TheFly

Forgent Power Solutions Announces Pricing 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, t...

7 weeks ago - Business Wire

Forgent Power Solutions announces Class A common stock offering

Forgent Power Solutions (FPS) announced a public offering of its Class A common stock. The offering consists of 20.69M shares of Class A common stock being offered by parent entities…

7 weeks ago - TheFly

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, t...

7 weeks ago - Business Wire

Forgent Power Solutions price target raised to $43 from $42 at Oppenheimer

Oppenheimer analyst Noah Kaye raised the firm’s price target on Forgent Power Solutions (FPS) to $43 from $42 and keeps an Outperform rating on the shares. The firm notes shares…

2 months ago - TheFly

Forgent Power Solutions rises 14.3%

Forgent Power Solutions (FPS) is up 14.3%, or $4.43 to $35.40.

2 months ago - TheFly

Forgent Power Solutions Earnings Call Transcript: Q2 2026

Q2 2026 saw 69% revenue growth and a 268% surge in orders, with backlog doubling to $1.5B. Margin expansion is expected in the second half as capacity and hiring ramp, supporting a full-year revenue outlook of up to $1.325B and adjusted EBITDA up to $310M.

2 months ago - Transcripts

Forgent Power Solutions reports Q2 revenue $296.4M, consensus $286.56M

Order activity accelerated sharply in the quarter, led by data center and grid customers, with bookings increasing 268% year-over-year and the company’s book-to-bill ratio rising to 2.6x from 1.6x in…

2 months ago - TheFly

Forgent Power Solutions sees FY26 revenue $1.275B-$1.325B, consensus $1.28B

Sees adjusted net income in the range of $190M-$200M, representing 120% year-over-year growth at the midpoint.

2 months ago - TheFly

Forgent Reports Second Quarter 2026 Results, Accelerating Order Growth and Issues Fiscal 2026 Guidance

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. ("Forgent" or the "Company") (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, t...

2 months ago - Business Wire

Forgent Power Solutions initiated with a Buy at BofA

BofA analyst Andrew Obin initiated coverage of Forgent Power Solutions (FPS) with a Buy rating and $48 price target Forgent has a 2% share in the U.S. electrical distribution equipment…

2 months ago - TheFly

Forgent Power Solutions initiated with an Outperform at Oppenheimer

Oppenheimer initiated coverage of Forgent Power Solutions (FPS) with an Outperform rating and $42 price target The firm views Forgent as “an agile, differentiated competitor well positioned to benefit...

2 months ago - TheFly

Forgent Power Solutions, Inc. to Report Fiscal Second Quarter 2026 Results

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-inte...

2 months ago - Business Wire

NYSE Content Update: Forgent Power Solutions, Post IPO, to Ring Opening Bell

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 N...

Other symbols: MANE
3 months ago - PRNewsWire