Forgent Power Solutions, Inc. Stock 12‑Month Price Target Cut to $54.67, Implies 69% Upside

Forgent Power Solutions (FPS) shares dropped 21.3% to $24.92 after its CFO announced his departure, nine months post-IPO. The company reported $461.7M in Q4 revenue, up 94.3% YoY, but trades at a high P/E of 132.9. New CFO Amy Ard will take over, with the company maintaining strong growth guidance.

Forgent Power Solutions, Inc. (FPS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Forgent to Report Fiscal First Quarter 2027 Results; Revenues and Adjusted EBITDA Will Exceed High End of Guidance DAYTON, Minn. – October 22, 2026 – Forgent Power Solutions Inc. (“Forgent” or the “Company”) (NYSE: FPS), a leading designer and manufacturer of electri

Forgent Power Solutions' stock fell 23% to $24.46 after CFO Ryan Fiedler resigned to spend time with family, citing market volatility and reduced price targets. The company's market value dropped to $6.7B. Despite strong financial results, shares are down over 60% from their peak. New CFO Amy Ard will take over.

Forgent Power Solutions (FPS) announced CFO Ryan Fiedler will step down, with Amy Ard, executive VP of finance, as his successor. Fiedler will assist during the transition. FPS shares fell 24.61% to $23.95 on the NYSE.

Forgent Power Solutions (FPS) stock fell over 24% after announcing CFO Ryan Fiedler's departure. The company appointed Amy Ard as his successor. FPS reported record Q4 results, with revenue up 94% YoY to $462M, and projected fiscal 2027 revenue between $2.4B and $2.6B. Despite the drop, retail sentiment turned bullish.

Forgent Power Solutions stock fell 12.2% in pre-market trading after CFO Ryan Fiedler announced his departure. The company appointed Amy Ard as his successor. Analysts have recently lowered price targets, and the broader market decline added to the pressure. The stock is near its 52-week low of $25.95.