Forgent Power Solutions (NYSE:FPS) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Forgent Power Solutions from “hold” to “buy.” The broader analyst consensus is “Moderate Buy,” with an average price target of $47.
• Several analysts recently cut their price targets, including JPMorgan (to $35), Baird (to $38), and Oppenheimer (to $40), while retaining positive ratings.
• Fiscal Q1 2027 revenue rose 68.9% year over year to $478.57 million, and EPS of $0.24 beat the $0.18 estimate. Despite the strong results, shares opened at $22.07, well below their 50-day average of $31.67.

Forgent Power Solutions (NYSE:FPS - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Forgent Power Solutions from $49.00 to $35.00 and set an "overweight" rating for the company in a research note on Wednesday. Robert W. Baird cut their price objective on Forgent Power Solutions from $55.00 to $38.00 and set an "outperform" rating on the stock in a research report on Friday. TD Cowen reduced their target price on Forgent Power Solutions from $76.00 to $55.00 and set a "buy" rating on the stock in a report on Friday. Sanford C. Bernstein decreased their target price on Forgent Power Solutions from $48.00 to $33.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Oppenheimer lowered their target price on Forgent Power Solutions from $60.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $47.00.

Forgent Power Solutions Stock Down 0.4%

Shares of Forgent Power Solutions stock opened at $22.07 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.54 and a quick ratio of 1.07. The company's fifty day simple moving average is $31.67 and its two-hundred day simple moving average is $37.93. Forgent Power Solutions has a 12-month low of $17.67 and a 12-month high of $66.00.

Forgent Power Solutions (NYSE:FPS - Get Free Report) last issued its quarterly earnings data on Thursday, November 12th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. Forgent Power Solutions had a net margin of 7.43% and a return on equity of 31.78%. The business had revenue of $478.57 million during the quarter. The business's revenue was up 68.9% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. As a group, analysts expect that Forgent Power Solutions will post 1.29 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of Forgent Power Solutions during the second quarter valued at approximately $30,000. Triumph Capital Management purchased a new position in shares of Forgent Power Solutions during the second quarter valued at approximately $39,000. GAMMA Investing LLC lifted its holdings in shares of Forgent Power Solutions by 918.5% during the third quarter. GAMMA Investing LLC now owns 937 shares of the company's stock valued at $35,000 after purchasing an additional 845 shares during the last quarter. City State Bank bought a new stake in shares of Forgent Power Solutions in the 3rd quarter worth approximately $32,000. Finally, IFP Advisors Inc bought a new stake in shares of Forgent Power Solutions in the 2nd quarter worth approximately $48,000.

More Forgent Power Solutions News

Here's some of the latest news about FPS:

• Positive Sentiment: Fiscal Q1 2027 revenue rose 69% year over year to about $479 million, a record, while EPS of $0.24 exceeded the $0.18 consensus. The company also said results were above the high end of its guidance. Forgent Q1 results and outlook
• Neutral Sentiment: Analysts lowered price targets but kept positive ratings: Oppenheimer cut its target to $40 and Baird to $38, both with “outperform” ratings; TD Cowen cut to $55 with “buy,” KeyCorp to $46 with “overweight,” and Bernstein to $33 with “outperform.” The cuts signal reduced expectations, though all targets remain above the recent $22.07 share price. Oppenheimer analyst ratings
• Negative Sentiment: FPS shares sold off despite the strong quarter. Reports point to concerns about the full-year outlook and whether the stock’s valuation is justified, suggesting investors may want stronger evidence that growth will translate into sustained earnings. Why Forgent shares fell

About Forgent Power Solutions

Forgent Power Solutions designs and manufactures electrical power distribution equipment for applications that require reliable, continuous power. Its products support the delivery and management of electricity within facilities, including data centers and other commercial and industrial environments. The company focuses on equipment used in critical power systems, where dependable distribution is essential to operations. Forgent serves customers primarily in North America, with products and services supporting facilities in other markets as well.

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