Power Solutions International, Inc. (NASDAQ:PSIX – Get Free Report)’s share price fell 10% on Monday . The stock traded as low as $65.01 and last traded at $68.2910. 880,473 shares were traded during trading, an increase of 58% from the average session volume of 558,638 shares. The stock had previously closed at $75.91.
Key Power Solutions International News
Here are the key news stories impacting Power Solutions International this week:
- Positive Sentiment: Power Solutions International reported first-quarter 2026 net sales of $128.6 million, net income of $7.3 million, and diluted EPS of $0.32, indicating the business remains profitable and is still generating strong revenue. Article Title
- Positive Sentiment: The company’s quarterly filing/earnings release also highlighted revenue of $128.59 million and a net margin of 15.78%, reinforcing that recent operating performance was strong. Article Title
- Neutral Sentiment: Multiple law firms issued class-action notices and investor deadline reminders tied to alleged securities fraud and deteriorating margins, with a May 19 lead-plaintiff deadline. These headlines add uncertainty but do not change the company’s reported quarter by themselves. Article Title
- Neutral Sentiment: Additional firms, including Rosen, Schall, Berger Montague, and others, published similar class-action outreach notices, keeping the litigation story in focus and likely contributing to volatility. Article Title
- Negative Sentiment: The stock is likely reacting negatively to the accumulation of class-action lawsuit headlines, which can create concern about potential costs, management distraction, and reputational damage. Article Title
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on PSIX. Jefferies Financial Group lowered their target price on Power Solutions International from $110.51 to $92.90 and set a “buy” rating for the company in a research note on Tuesday, March 24th. Weiss Ratings upgraded Power Solutions International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded Power Solutions International from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Loop Capital set a $107.00 target price on Power Solutions International in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $99.95.
Power Solutions International Stock Down 17.7%
The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 12.62 and a beta of 2.21. The stock has a 50 day moving average of $68.12 and a 200 day moving average of $70.09. The company has a quick ratio of 1.77, a current ratio of 3.15 and a debt-to-equity ratio of 0.54.
Power Solutions International (NASDAQ:PSIX – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.36 EPS for the quarter. The business had revenue of $128.59 million during the quarter. Power Solutions International had a return on equity of 81.58% and a net margin of 15.78%.
Hedge Funds Weigh In On Power Solutions International
A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Power Solutions International by 38.9% in the third quarter. Vanguard Group Inc. now owns 502,381 shares of the company’s stock worth $49,344,000 after purchasing an additional 140,743 shares in the last quarter. Situational Awareness LP acquired a new position in Power Solutions International in the fourth quarter worth about $24,702,000. Allspring Global Investments Holdings LLC grew its stake in Power Solutions International by 59.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 328,761 shares of the company’s stock worth $20,229,000 after purchasing an additional 122,672 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Power Solutions International by 344.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 325,085 shares of the company’s stock worth $31,930,000 after purchasing an additional 251,883 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Power Solutions International by 40.3% in the first quarter. Dimensional Fund Advisors LP now owns 283,241 shares of the company’s stock worth $17,240,000 after purchasing an additional 81,350 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.
About Power Solutions International
Power Solutions International, Inc is a global designer and manufacturer of integrated powertrain solutions for commercial vehicle, industrial and military applications. Headquartered in Wood Dale, Illinois, the company develops and assembles advanced diesel engine and transmission packages under the Atlas® brand, combining proprietary engine technology with high-efficiency transmissions to deliver power-dense systems. These solutions are tailored for medium- and heavy-duty trucks, buses, construction equipment, generator sets and specialty vehicles.
In addition to complete powertrain systems, the company offers a broad range of component products including diesel engines, transmissions and aftertreatment modules.
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