Forgent Power Solutions, Inc. (NYSE:FPS – Get Free Report) has been given an average rating of “Moderate Buy” by the ten analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $43.30.
Several brokerages have recently weighed in on FPS. Oppenheimer initiated coverage on shares of Forgent Power Solutions in a research report on Monday. They set an “outperform” rating and a $42.00 price target on the stock. Barclays began coverage on shares of Forgent Power Solutions in a report on Monday. They issued an “overweight” rating and a $44.00 target price on the stock. TD Cowen initiated coverage on shares of Forgent Power Solutions in a report on Monday. They set a “buy” rating and a $45.00 price target for the company. KeyCorp assumed coverage on Forgent Power Solutions in a report on Monday. They issued an “overweight” rating and a $41.00 price objective on the stock. Finally, The Goldman Sachs Group initiated coverage on Forgent Power Solutions in a research note on Monday. They set a “buy” rating and a $48.00 target price for the company.
Check Out Our Latest Stock Analysis on FPS
Key Stories Impacting Forgent Power Solutions
- Positive Sentiment: Barclays initiated coverage with an “overweight” rating and a $44 price target (~29% upside), a strong bullish signal from a major broker. Article Title
- Positive Sentiment: Oppenheimer started coverage with an “outperform” rating and a $42 price target (~23% upside), adding momentum to buy-side narrative. Article Title
- Positive Sentiment: JPMorgan began coverage with an “overweight” rating and a $40 price target (~17% upside), reinforcing institutional interest. Article Title
- Positive Sentiment: Goldman Sachs initiated a Buy on FPS (coverage noted via TipRanks), highlighting the company as a preferred marginal supplier in critical power infrastructure. Article Title
- Neutral Sentiment: Morgan Stanley assigned an “equal weight” rating with a $38 price target (~12% upside), tempering the unanimous-bull case with a more cautious view. Article Title
- Neutral Sentiment: Trading context: intraday volume is well below average (roughly 231k vs. a ~3.08M average) and the 12‑month range is $25.95–$35.80, which can amplify moves and make price action noisy until follow-through occurs.
Forgent Power Solutions Trading Up 0.8%
Forgent Power Solutions stock traded up $0.29 during trading on Monday, reaching $34.68. 374,034 shares of the company were exchanged, compared to its average volume of 3,085,580. Forgent Power Solutions has a 52-week low of $25.95 and a 52-week high of $35.80.
About Forgent Power Solutions
We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs.
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