Keybanc Maintains Overweight on Forgent Power Solutions, Lowers Price Target to $46
Keybanc analyst Jeffrey D. Hammond maintains Forgent Power Solutions (NYSE:FPS) with a Overweight and lowers the price target from $60 to $46.

Last updated: 2026-11-13 16:44:40. Prices reflect the latest regular market data. Stock price data is sourced from Massive.
Forgent Power Solutions, Inc. (FPS) operates in the ELECTRICAL INDUSTRIAL APPARATUS sector and is listed on NYSE. The stock is currently priced at $21.36, with a market capitalization of $6.08B and a P/E ratio of 87.78. Over the past 52 weeks, its price has ranged from $17.67 to $66.00. This page covers its latest market performance, valuation, price trends and company information.
$6.08B | |
$22.20 | |
$22.89 | |
$20.63 | |
$22.15 | |
4.43M | |
9.55M | |
87.78 | |
$66.00 | |
$17.67 | |
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Forgent Power Solutions, Inc. (FPS) is currently trading at $21.36 as of 2026-11-13 16:28:59, down 3.66% ($0.81) from the previous close of $22.15
During today's regular trading session, FPS has traded between $20.63 and $22.89, with a trading volume of 4.43M shares. The current price is near the lower end of today's range.
Over the past seven days, Forgent Power Solutions, Inc. (FPS) moved from $18.21 to $21.36, representing a gain of 17.29% ($3.15).
The stock traded between $17.67 and $24.75 during the period. The latest price is near the middle of the 7-day range, indicating strong upward.
The average daily volume was 12.29 million shares, up versus the previous seven-day period, indicating higher trading activity.
Position in Range: 7.6%
FPS is currently trading at $21.36, placing it 7.6% of the way from its 52-week low of $17.67 to its 52-week high of $66.00. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Forgent Power Solutions Inc is a designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. It manufacture and sell include automatic transfer switches (ATS), dry type transformers, electrical houses (eHouse), generator connection cabinets, liquid filled transformers, panelboards, power distribution units (PDU), power skids, remote power panels (RPP), switchboards, switchgear, and tap boxes. The company is organized and operates as one reportable segment, which carries out business activities related to the design, development, manufacturing, and marketing of products and services.
| Industry | ELECTRICAL INDUSTRIAL APPARATUS |
| Employees | 3,450 |
| Exchange | NYSE |
| Company Website |
Latest news related to Forgent Power Solutions, Inc. and FPS stock.
Keybanc analyst Jeffrey D. Hammond maintains Forgent Power Solutions (NYSE:FPS) with a Overweight and lowers the price target from $60 to $46.
Bernstein analyst Chad Dillard maintains Forgent Power Solutions (NYSE:FPS) with a Outperform and lowers the price target from $48 to $33.
Baird analyst Luke Junk maintains Forgent Power Solutions (NYSE:FPS) with a Outperform and lowers the price target from $55 to $38.
Forgent Power Solutions reported record Q1 2027 revenue of $479 million, but fell short of analyst expectations of $461 million. The stock plummeted 10.54% despite management projecting 80% revenue growth for fiscal 2027. Concerns include gross profit margin contraction from 34.6% to 33.1% year-over-year, though the company's strong growth prospects and market position in data center electrical distribution equipment remain noteworthy.
Forgent Power Solutions (NYSE:FPS) reported first-quarter financial results on Thursday. The transcript from the company’s first-quarter earnings call has been provided below.This transcript is brought to you by
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Estimate the value between FPS shares and USD.
FPS Shares to USD
1.00 FPS shares = 21.359 USD
Calculations are estimates based on the latest available price and are for reference only.