Sanford C. Bernstein Issues Pessimistic Forecast for Forgent Power Solutions (NYSE:FPS) Stock Price

Forgent Power Solutions (NYSE:FPS) had its price target cut by analysts at Sanford C. Bernstein from $48.00 to $33.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Sanford C. Bernstein‘s price objective would suggest a potential upside of 48.66% from the stock’s current price.

A number of other analysts have also recently commented on the company. Morgan Stanley set a $45.00 price target on Forgent Power Solutions in a research report on Friday, October 16th. Wells Fargo & Company initiated coverage on shares of Forgent Power Solutions in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $44.00 target price on the stock. Jefferies Financial Group cut their price objective on shares of Forgent Power Solutions from $47.00 to $36.00 and set a “buy” rating for the company in a report on Friday, October 23rd. Oppenheimer reiterated an “outperform” rating and set a $60.00 price target on shares of Forgent Power Solutions in a report on Wednesday, September 16th. Finally, Clear Str upgraded Forgent Power Solutions to a “strong-buy” rating in a research note on Monday, October 26th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.93.

Forgent Power Solutions Trading Down 9.6%

Shares of NYSE FPS opened at $22.20 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 0.86. Forgent Power Solutions has a twelve month low of $17.67 and a twelve month high of $66.00. The business has a fifty day simple moving average of $31.84 and a two-hundred day simple moving average of $38.02. The firm has a market cap of $6.76 billion and a PE ratio of 56.92.

Forgent Power Solutions (NYSE:FPS) last announced its quarterly earnings results on Thursday, November 12th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. Forgent Power Solutions had a return on equity of 24.59% and a net margin of 5.76%. The business had revenue of $478.57 million for the quarter. The company’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. Analysts expect that Forgent Power Solutions will post 1.29 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Forgent Power Solutions

Large investors have recently bought and sold shares of the stock. Bleakley Financial Group LLC acquired a new stake in Forgent Power Solutions in the 3rd quarter valued at about $2,841,000. First Trust Advisors LP grew its position in shares of Forgent Power Solutions by 12,661.7% during the third quarter. First Trust Advisors LP now owns 11,030,700 shares of the company’s stock worth $412,989,000 after buying an additional 10,944,264 shares in the last quarter. Allianz SE acquired a new position in shares of Forgent Power Solutions during the third quarter worth about $45,000. State Street Corp increased its stake in shares of Forgent Power Solutions by 55.7% during the third quarter. State Street Corp now owns 3,291,083 shares of the company’s stock worth $123,195,000 after buying an additional 1,177,179 shares during the period. Finally, Advisors Asset Management Inc. purchased a new stake in shares of Forgent Power Solutions during the third quarter worth approximately $2,462,000.

Latest Forgent Power Solutions News

Investors following FPS have been watching these news items:

• Positive Sentiment: Forgent reported record quarterly revenue of about $478.6 million, up 68.9% year over year, and adjusted earnings of $0.24 per share—$0.06 above analyst consensus. The company said results exceeded the high end of its guidance. Business Wire earnings release
• Positive Sentiment: The company raised its fiscal 2027 outlook to $2.5 billion–$2.7 billion in revenue and $1.30–$1.44 in EPS. Its CEO also sees AI-lab and hyperscaler orders building through 2028, supporting the longer-term demand outlook. CEO outlook and guidance
• Negative Sentiment: Valuation may be weighing on the shares: one post-earnings analysis questioned whether FPS remains too expensive, leaving limited room for a strong report to satisfy investors. Post-earnings valuation analysis

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.