Forgent Power Solutions (NYSE:FPS) Given New $33.00 Price Target at Sanford C. Bernstein

Forgent Power Solutions (NYSE:FPS) had its price objective cut by Sanford C. Bernstein from $48.00 to $33.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. They currently have an outperform rating on the stock.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company initiated coverage on Forgent Power Solutions in a research report on Thursday, September 24th. They set an “equal weight” rating and a $44.00 price target on the stock. Clear Str upgraded Forgent Power Solutions to a “strong-buy” rating in a research note on Monday, October 26th. JPMorgan Chase & Co. reduced their target price on Forgent Power Solutions from $49.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday. Roth Capital began coverage on Forgent Power Solutions in a research report on Friday, November 6th. They set a “buy” rating on the stock. Finally, Oppenheimer reiterated an “outperform” rating and issued a $60.00 price target on shares of Forgent Power Solutions in a research note on Wednesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Forgent Power Solutions Stock Down 0.4%

NYSE:FPS opened at $22.07 on Friday. The company’s 50-day simple moving average is $31.67 and its 200-day simple moving average is $37.93. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.54. Forgent Power Solutions has a fifty-two week low of $17.67 and a fifty-two week high of $66.00. The stock has a market capitalization of $6.72 billion and a P/E ratio of 56.59.

Forgent Power Solutions (NYSE:FPS) last posted its earnings results on Thursday, November 12th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $478.57 million during the quarter. Forgent Power Solutions had a net margin of 7.43% and a return on equity of 31.78%. Forgent Power Solutions’s revenue for the quarter was up 68.9% compared to the same quarter last year. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. On average, equities analysts anticipate that Forgent Power Solutions will post 1.29 earnings per share for the current fiscal year.

Institutional Trading of Forgent Power Solutions

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new position in Forgent Power Solutions during the 2nd quarter worth approximately $30,000. Triumph Capital Management acquired a new stake in Forgent Power Solutions during the 2nd quarter valued at approximately $39,000. City State Bank purchased a new stake in shares of Forgent Power Solutions in the 3rd quarter valued at $32,000. IFP Advisors Inc purchased a new stake in shares of Forgent Power Solutions in the 2nd quarter valued at $48,000. Finally, GAMMA Investing LLC increased its stake in shares of Forgent Power Solutions by 918.5% in the third quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock worth $35,000 after acquiring an additional 845 shares during the period.

Trending Headlines about Forgent Power Solutions

Investors following FPS have been watching these headlines:

• 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
• Positive Sentiment: Management raised its fiscal 2027 outlook and sees AI-lab and hyperscaler orders building through 2028, supporting the longer-term demand case for its data-center power equipment. Revenue guidance is $2.5 billion–$2.7 billion and EPS guidance is $1.30–$1.44. CEO on AI and hyperscaler demand
• 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

Forgent Power Solutions Company Profile

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.