Forgent Power Solutions, Inc. (FPS)

NYSE: FPS · Real-Time Price · USD
42.62
+1.44 (3.50%)
At close: Jul 15, 2026, 4:00 PM EDT
42.75
+0.13 (0.31%)
After-hours: Jul 15, 2026, 7:56 PM EDT
Market Cap12.97B
Revenue (ttm)1.20B +386.6%
Net Income17.07M
EPS0.07
Shares Out 304.43M
PE Ratio644.15
Forward PE42.36
Dividendn/a
Ex-Dividend Daten/a
Volume7,146,141
Open41.97
Previous Close41.18
Day's Range40.40 - 43.10
52-Week Range25.95 - 66.00
Betan/a
AnalystsStrong Buy
Price Target60.44 (+41.81%)
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 transforme... [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 "Strong Buy." The 12-month stock price target is $60.44, which is an increase of 41.81% from the latest price.

Price Target
$60.44
(41.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Forgent Power Solutions initiated with an Outperform at Baird

Baird initiated coverage of Forgent Power Solutions (FPS) with an Outperform rating and $55 price target

8 hours ago - TheFly

Forgent Power Solutions price target raised to $60 from $54 at Wolfe Research

Wolfe Research analyst Nigel Coe raised the firm’s price target on Forgent Power Solutions (FPS) to $60 from $54 and keeps an Outperform rating on the shares. For the next…

6 days ago - TheFly

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, t...

9 days ago - Business Wire

Forgent Power Solutions 29.1M share Secondary priced at $49.00

The deal size was increased to 29.1M shares of common stock from 23.3M shares of common stock. Goldman Sachs, Jefferies and Morgan Stanley acted as joint book running managers for…

13 days ago - TheFly

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, t...

14 days ago - Business Wire

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...

16 days ago - Business Wire

Forgent Power Solutions files to sell 35M shares of Class A common stock

23,328,582 shares of Class A common stock are being sold by selling stockholders. Joint lead book-running managers include Goldman Sachs & Co., Jefferies, and Morgan Stanley.

16 days ago - TheFly

Forgent Power Solutions Registration statement: Registration filing

Forgent Power Solutions filed a registration statement on June 29, 2026, providing details about a securities offering with the SEC.

16 days ago - Filings

Forgent Power Solutions price target raised to $73 from $63 at TD Cowen

TD Cowen raised the firm’s price target on Forgent Power Solutions (FPS) to $73 from $63 and keeps a Buy rating on the shares. The firm is highlighting the stock…

23 days ago - TheFly

Forgent Power Solutions price target raised to $68 from $57 at BofA

BofA raised the firm’s price target on Forgent Power Solutions (FPS) to $68 from $57 and keeps a Buy rating on the shares. The firm, which raised its FY27 EPS…

4 weeks ago - TheFly

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 up 9% after upsized stock offering, Jefferies target boost

Shares of Forgent Power Solutions (FPS) are up $4.34 to $51.90 in midday trading.

6 weeks ago - TheFly

Forgent Power Solutions price target raised to $56 from $44 at Jefferies

Jefferies raised the firm’s price target on Forgent Power Solutions (FPS) to $56 from $44 and keeps a Buy rating on the shares. The company’s fiscal Q3 report brings “tangible…

6 weeks ago - TheFly

Forgent Power Solutions 28.5M share Secondary priced at $47.00

The deal size was increased to 28.5M shares of common stock from 23.74M shares of common stock. Goldman Sachs, Jefferies and Morgan Stanley acted as joint book running managers for…

6 weeks ago - TheFly

Forgent Power Solutions announces 23.74M share offering of Class A common stock

Forgent Power Solutions (FPS) 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…

7 weeks ago - TheFly

Forgent Power Solutions Registration statement: Registration filing

Forgent Power Solutions filed a registration statement on May 26, 2026, providing details about a securities offering with the SEC.

7 weeks ago - Filings

Forgent Power Solutions announces repricing of senior credit facilities

Forgent Power Solutions (FPS) announced that on May 21, 2026 it repriced its revolving credit facility and term loan credit facility. Upon closing of the repricing, the applicable interest rate…

7 weeks ago - TheFly

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, t...

7 weeks ago - Business Wire

Forgent Power Solutions price target raised to $51 from $38 at Morgan Stanley

Morgan Stanley analyst Christopher Snyder raised the firm’s price target on Forgent Power Solutions (FPS) to $51 from $38 and keeps an Equal Weight rating on the shares. The company’s…

2 months ago - TheFly

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…

2 months 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…

2 months 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…

2 months 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…

2 months 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…

2 months 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 months ago - Transcripts