Jefferies Cuts Forgent Power Solutions (FPS) Price Target to $36
Key Points
- Jefferies maintained its Buy rating on Forgent Power Solutions, Inc. on October 23, 2026, lowering its price target from $47.00 to $36.00.
- Jefferies's $36 price target implies 48.67% upside from Forgent Power Solutions, Inc.'s ($FPS) current $24.21 share price.
- Institutional investors like Coatue Management LLC and Franklin Resources, Inc. reported major portfolio moves in recent filings.
- The company's next earnings report is scheduled for November 12, 2026, following trailing revenue of $1.42 billion.
Get Forgent Power Solutions text alerts
We text you when insiders, Congress, analysts or big funds move on $FPS.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Forgent Power Solutions, Inc. alert may contain errors. Disclosures
On October 23, 2026, Jefferies maintained its Buy rating on Forgent Power Solutions, Inc. (NYSE:FPS) while lowering its price target from $47.00 to $36.00. The research note was issued alongside broader Wall Street coverage of the electrical equipment manufacturer.
FPS
Forgent Power Solutions, Inc.
Jefferies vs. the S&P 500
Hypothetical returns from Jefferies's disclosed trades, not real profit or advice. How we model this.
Jefferies's Call on Forgent Power Solutions, Inc.
In its research note on October 23, 2026, Jefferies maintained its Buy rating on Forgent Power Solutions, Inc. while lowering its price target from $47.00 to $36.00. Earlier, on September 16, 2026, Oppenheimer reiterated its Outperform rating and $60.00 price target. Later, on September 25, 2026, Wells Fargo initiated coverage with an Equal-Weight rating and a $44.00 price target. Bernstein then initiated coverage on October 2, 2026, with an Outperform rating and a $48.00 price target. On October 9, 2026, JP Morgan maintained its Overweight rating while lowering its price target from $56.00 to $49.00. Across the broader street, the company holds a consensus recommendation of strong_buy with a mean price target of $54.67 from 12 analyst opinions.
Other Institutional Activity in Forgent Power Solutions, Inc.
Coatue Management LLC grew its holdings by 10250694 shares, ending with 20501387 shares worth about $496543579.0. Jupiter Topco LLC grew its holdings by 4228630 shares, ending with 8457260 shares worth about $204834831.0. Franklin Resources, Inc. grew its holdings by 1681625 shares, ending with 5155338 shares worth about $124862282.0. Jericho Capital Asset Management, LP grew its holdings by 2214500 shares, ending with 4429000 shares worth about $107270376.0.
Forgent Power Solutions, Inc. Stock Down 23.8%
Forgent Power Solutions, Inc. recently traded around $24.21 as of October 23, 2026. On the event date of October 23, 2026, the stock closed at $24.22. The recent price sits well below its 52-week high of $66.00 and just above its 52-week low of $23.16.
$FPS price target
Forgent Power Solutions, Inc. daily closes and this analyst's $36 target. Not advice.
Recent Earnings
Forgent Power Solutions, Inc. reported trailing-twelve-month revenue of $1.42 billion and earnings of $0.3 per share. The company generated a return on equity of 17.0% and a net profit margin of 5.8%. Year-over-year revenue growth reached 94.3%. The company's next earnings report is scheduled for November 12, 2026.
Insider Buying and Selling at Forgent Power Solutions, Inc.
Neos Partners LP, a director and beneficial owner of more than 10% of a class of security, sold 8400000 shares on February 9, 2026, at an average price of $33.50 for a total value of $281400000.0. Neos Partners LP later sold 34500000 shares on March 30, 2026, at an average price of $27.97 for a total value of $964965000.0. Neos Partners LP also sold 48622000 shares on June 1, 2026, at an average price of $56.35 for a total value of $2739849700.0, and sold 43650000 shares on July 6, 2026, at an average price of $47.50 for a total value of $2073375000.0.
About Forgent Power Solutions, Inc.
Forgent Power Solutions, Inc. designs and manufactures electrical distribution equipment for data centers, power grids, and industrial facilities. Its product lines include dry type and liquid filled transformers, switchgear, panelboards, and remote power panels. The company is headquartered in Dayton, Minnesota, and employs approximately 3,000 people.
Bottom Line
Investors will look to the upcoming earnings report on November 12, 2026, for further financial updates. Jefferies continues to back the company with a Buy rating despite adjusting its price target downward.
Related Filing Alerts
Source: Jefferies's rating change on $FPS (Oct 23, 2026). Written by software, not financial advice. How we make alerts