Forgent Power Solutions (FPS) Stock Pops 11% On Earnings - Here’s What Moved It

NewsTue, 15 Sep 2026 12:02:02 UTC1 hour ago
Forgent Power Solutions (FPS) Stock Pops 11% On Earnings - Here’s What Moved It

TLDR

  • Forgent Power Solutions stock jumped 10.9% in pre-market trading after reporting fiscal Q4 and full-year 2026 results
  • In Q3, revenues more than doubled year-over-year to $379 million, with bookings hitting a record $867 million
  • Full-year 2026 revenue guidance was raised to $1.35-$1.39 billion, implying roughly 82% year-over-year growth
  • California State Teachers Retirement System bought 9.15 million FPS stock worth around $510.9 million, a 3% stake
  • Analysts hold a consensus “Moderate Buy” rating with an average price target of $56.75

Forgent Power Solutions (FPS) jumped 10.9% in pre-market trading on Tuesday after the company dropped its fiscal fourth quarter and full-year 2026 results before the bell. The stock entered today’s session at $28.43, near the lower end of its 52-week range of $25.95 to $66.00.



Forgent Power Solutions, Inc., FPS

The results cover the period ended June 30, 2026. Management scheduled a conference call for 11:00 a.m. ET to walk through the numbers.

Wall Street was looking for around $425-$430 million in Q4 revenue and roughly $0.23 in adjusted EPS heading into the print.

… Continue reading the full article at the original source below.

Read from Source · coincentral.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).

Related