$FPS

Forgent Power Solutions (FPS) stock rose 25% in October 2026, outperforming the S&P 500. The company, which makes electrical equipment for data centers, reported its first direct order from an AI lab and a master agreement with a hyperscaler in Q4 2026. Data center revenue grew 161% in fiscal 2026, with a $3 billion backlog. Management forecasts 76% revenue growth for fiscal 2027, targeting hyperscalers and AI labs. FPS trades at 130.8x earnings, down 41% from its 52-week high.

Forgent Power Solutions (FPS) rose 6.1% after Bernstein SocGen initiated coverage with an Outperform rating and $48 price target. The firm cited FPS's 70% EPS CAGR through 2030, 80% revenue from data centers and the grid, and operational advantages. Analyst Chad Dillard expects earnings revisions to close the valuation gap.

Forgent Power Solutions, Inc. announced a lock-up agreement for its Class B Common Stock, set to end on 23-SEP-2026. The 181-day lock-up period starts on 26-MAR-2026. Officers, directors, and Continuing Equity Owners agreed not to dispose of certain shares for 180 days post-IPO. The company offers powertrain solutions, transformers, and related services.

The ALPS Electrification Infrastructure ETF (ELFY) rebalanced its holdings, adding X-Energy and Core Natural Resources, and removing five companies, including NuScale Power and Plug Power. Forgent Power Solutions became the top holding. ELFY has returned 12.3% YTD and focuses on electrification, including data center infrastructure, positioning it as an AI trend ETF.

Forgent Power Solutions (FPS) shares rose 20% this week after reporting a 94% revenue increase in Q4. Investors now focus on earnings from Darden Restaurants and Costco.

The S&P 500 rose 0.4% to 7,615.70, while the Nasdaq 100 gained 0.9% as crude oil prices fell. The Fed is expected to raise interest rates by 25 basis points. Retail sales and import prices exceeded expectations. Energy stocks declined, while tech and semiconductor sectors led gains. Forgent Power Solutions (FPS) surged 11.6% on strong earnings, while J.B. Hunt (JBHT) dropped 12.5% on earnings guidance.

Forgent Power Solutions (FPS) rose 12.4% after reporting record Q4 results, with revenue up 94% to $462M. Teva (TEVA) fell 1.1% as it transitions to direct NYSE trading. Aflac (AFL) gained 0.4% despite Japan Post selling $158M in shares. All three saw heavy options activity.

U.S. stock futures rose overnight as markets anticipate a Fed rate hike. Dow, S&P 500, and Nasdaq Composite closed lower on Tuesday. Circle (CRCL) fell 11%, Wingstop (WING) dropped 12%, CAVA Group (CAVA) declined 9%, and Forgent Power (FPS) surged 9% on earnings.

Forgent Power Solutions (FPS) stock rose 10.9% pre-market after reporting Q4 and full-year 2026 results. Revenue grew 82% YoY to $1.35–$1.39B. Analysts expect $425–$430M in Q4 revenue and $0.23 adjusted EPS. Jefferies and TD Cowen maintain Buy ratings. The stock had declined 3 months prior, potentially amplifying the surge.

Forgent Power Solutions, Inc. (FPS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Forgent Reports Record Fourth Quarter and Full Year 2026 Results, Exceeds High-End of Guidance and Enters Fiscal 2027 with All-Time High Backlog Fiscal Fourth Quarter 2026 Highlights • Revenues of $462 million, an increase of 94% year-over-year • Bookings of $1,503 m