Forgent Power Solutions (NYSE:FPS) Coverage Initiated by Analysts at Oppenheimer

Oppenheimer assumed coverage on shares of Forgent Power Solutions (NYSE:FPS) in a report published on Monday, Marketbeat.com reports. The brokerage issued an outperform rating and a $42.00 target price on the stock.

Several other brokerages have also commented on FPS. Wolfe Research set a $48.00 price target on shares of Forgent Power Solutions in a research report on Monday. JPMorgan Chase & Co. began coverage on Forgent Power Solutions in a report on Monday. They set an “overweight” rating and a $40.00 price objective for the company. KeyCorp initiated coverage on Forgent Power Solutions in a report on Monday. They issued an “overweight” rating and a $41.00 target price on the stock. Jefferies Financial Group assumed coverage on Forgent Power Solutions in a research note on Monday. They set a “buy” rating and a $44.00 price target for the company. Finally, Morgan Stanley assumed coverage on Forgent Power Solutions in a research note on Monday. They issued an “equal weight” rating and a $38.00 price objective on the stock. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.30.

Forgent Power Solutions Stock Up 4.5%

NYSE FPS opened at $35.94 on Monday. Forgent Power Solutions has a 12 month low of $25.95 and a 12 month high of $36.68.

Key Stories Impacting Forgent Power Solutions

Here are the key news stories impacting Forgent Power Solutions this week:

• Positive Sentiment: Goldman Sachs initiated coverage and highlighted FPS as a preferred marginal supplier for critical power infrastructure as data‑center demand picks up — a key demand narrative lifting the stock. Goldman Sachs / CNBC
• Positive Sentiment: Bank of America started coverage with a Buy rating and a $48.00 price target (largest upside among new covers), signaling strong upside expectations versus the current price. Benzinga
• Positive Sentiment: Multiple other firms initiated bullish ratings and price targets: TD Cowen (Buy, $45), Barclays (Overweight, $44), Wolfe Research (Outperform, $43), Oppenheimer (Outperform, $42), and JPMorgan (Overweight, $40) — broad analyst support is driving buying interest. Seeking Alpha coverage roundup
• Neutral Sentiment: Morgan Stanley initiated at Equal Weight with a $38 target (more conservative than peers), which tempers some of the upside consensus and offers a less bullish view. Benzinga
• Neutral Sentiment: Company profile and background coverage pages updated (general reference material). These are informational rather than new catalysts. 247WallSt

Forgent Power Solutions Company Profile

We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs.