Forgent Power Solutions (NYSE:FPS) Shares Up 6.7% – Here’s What Happened

Posted by Patrick Bannon on Mar 11th, 2026

Forgent Power Solutions, Inc. (NYSE:FPS – Get Free Report)’s share price traded up 6.7% on Monday . The stock traded as high as $34.02 and last traded at $33.78. 1,040,473 shares were traded during mid-day trading, a decline of 66% from the average session volume of 3,034,534 shares. The stock had previously closed at $31.65.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FPS shares. Morgan Stanley began coverage on shares of Forgent Power Solutions in a report on Monday, March 2nd. They set an “equal weight” rating and a $38.00 price objective for the company. Wall Street Zen upgraded shares of Forgent Power Solutions to a “hold” rating in a research report on Monday, February 16th. TD Cowen started coverage on shares of Forgent Power Solutions in a report on Monday, March 2nd. They issued a “buy” rating and a $45.00 price target on the stock. Wolfe Research set a $48.00 price objective on shares of Forgent Power Solutions in a report on Monday, March 2nd. Finally, Barclays assumed coverage on Forgent Power Solutions in a research report on Monday, March 2nd. They set an “overweight” rating and a $44.00 price objective for the company. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.30.

Read Our Latest Analysis on FPS

Forgent Power Solutions Stock Down 0.0%

About Forgent Power Solutions

(Get Free Report)

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.