Forgent Power Solutions (NYSE:FPS) Stock Price Target Cut by TD Cowen

Forgent Power Solutions (NYSE:FPS) had its price objective dropped by equities research analysts at TD Cowen from $76.00 to $55.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen‘s price objective would indicate a potential upside of 159.27% from the company’s current price.

Several other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Forgent Power Solutions from $49.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday. Wells Fargo & Company initiated coverage on shares of Forgent Power Solutions in a research note on Thursday, September 24th. They issued an “equal weight” rating and a $44.00 price target for the company. Zacks Research upgraded shares of Forgent Power Solutions from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. KeyCorp decreased their price objective on shares of Forgent Power Solutions from $60.00 to $46.00 and set an “overweight” rating for the company in a report on Friday. Finally, Weiss Ratings downgraded shares of Forgent Power Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $48.43.

Forgent Power Solutions Stock Down 4.2%

FPS stock opened at $21.21 on Friday. The stock has a market capitalization of $6.46 billion and a P/E ratio of 54.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.54 and a quick ratio of 1.07. Forgent Power Solutions has a 1-year low of $17.67 and a 1-year high of $66.00. The business has a fifty day moving average price of $31.84 and a 200-day moving average price of $38.02.

Forgent Power Solutions (NYSE:FPS) last released its quarterly earnings data on Thursday, November 12th. The company reported $0.24 EPS for the quarter, beating the consensus estimate 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 company had revenue of $478.57 million for the quarter. The firm’s revenue was up 68.9% compared to the same quarter last year. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. Equities analysts forecast that Forgent Power Solutions will post 1.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. First Trust Advisors LP grew its stake in shares of Forgent Power Solutions by 12,661.7% during the 3rd quarter. First Trust Advisors LP now owns 11,030,700 shares of the company’s stock valued at $412,989,000 after purchasing an additional 10,944,264 shares during the period. State Street Corp increased its position in shares of Forgent Power Solutions by 55.7% during the 3rd quarter. State Street Corp now owns 3,291,083 shares of the company’s stock valued at $123,195,000 after purchasing an additional 1,177,179 shares during the last quarter. Value Aligned Research Advisors LLC purchased a new stake in shares of Forgent Power Solutions during the 2nd quarter valued at about $176,441,000. William Blair Investment Management LLC lifted its stake in shares of Forgent Power Solutions by 16.3% in the 3rd quarter. William Blair Investment Management LLC now owns 2,925,175 shares of the company’s stock worth $109,519,000 after purchasing an additional 408,905 shares during the period. Finally, Phoenix Financial Ltd. lifted its stake in shares of Forgent Power Solutions by 50.0% in the 3rd quarter. Phoenix Financial Ltd. now owns 2,493,924 shares of the company’s stock worth $93,374,000 after purchasing an additional 831,707 shares during the period.

Key Stories Impacting Forgent Power Solutions

Investors following FPS have been watching these stories:

• Positive Sentiment: Fiscal Q1 2027 revenue rose 68.9% year over year to $478.6 million, and adjusted earnings of $0.24 per share topped the $0.18 consensus estimate. Forgent said results exceeded the high end of its guidance. Forgent Q1 results and outlook
• Negative Sentiment: Shares have weakened despite the earnings beat, with coverage pointing to full-year guidance that disappointed relative to expectations. The company forecast fiscal 2027 EPS of $1.30–$1.44 and revenue of $2.5–$2.7 billion, leaving investors focused on whether growth will be strong enough to justify expectations. Coverage of shares and guidance
• Negative Sentiment: KeyCorp, Robert W. Baird, and Sanford C. Bernstein each cut their FPS price targets. However, all retained bullish ratings—Overweight or Outperform—so the target reductions signal more cautious valuation assumptions rather than a change to outright bearish calls. Read More., Read More., Read More..

About Forgent Power Solutions

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.