Jefferies Financial Group Begins Coverage on Forgent Power Solutions (NYSE:FPS)

Research analysts at Jefferies Financial Group started coverage on shares of Forgent Power Solutions (NYSE:FPS) in a research note issued to investors on Monday, MarketBeat reports. The brokerage set a “buy” rating and a $44.00 price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 30.91% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Bank of America initiated coverage on Forgent Power Solutions in a research note on Monday. They issued a “buy” rating and a $48.00 price target on the stock. KeyCorp assumed coverage on Forgent Power Solutions in a research note on Monday. They issued an “overweight” rating and a $41.00 price objective on the stock. Oppenheimer began coverage on Forgent Power Solutions in a research note on Monday. They set an “outperform” rating and a $42.00 target price for the company. The Goldman Sachs Group started coverage on shares of Forgent Power Solutions in a research note on Monday. They issued a “buy” rating and a $48.00 price target on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of Forgent Power Solutions in a report on Monday. They set an “overweight” rating and a $40.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.30.

Forgent Power Solutions Stock Performance

Shares of NYSE:FPS opened at $33.61 on Monday. Forgent Power Solutions has a 12 month low of $25.95 and a 12 month high of $36.68.

Key Headlines Impacting Forgent Power Solutions

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

• Positive Sentiment: Wall Street started broad coverage of FPS with mostly bullish ratings and higher targets, highlighting interest in the company’s exposure to data-center and power-infrastructure demand. Wall Street starts coverage
• Positive Sentiment: Goldman Sachs initiated coverage with a Buy and $48 price target (≈43% upside vs. current levels), calling FPS a preferred marginal supplier in critical power infrastructure driven by data-center demand. Goldman Sachs coverage
• Positive Sentiment: Other notable initiations/targets: Bank of America also set a $48 PT (Buy); TD Cowen $45 (Buy); Jefferies $44 (Buy); Wolfe Research $43 (Outperform); Barclays $44 (Overweight); Oppenheimer $42 (Outperform); JPMorgan $40 (Overweight). These firms point to secular tailwinds from data-center buildouts and FPS’s positioning in critical power. (See CNBC coverage on demand drivers.) CNBC data-center story
• Neutral Sentiment: Morgan Stanley initiated at Equal Weight with a $38 target (more conservative upside). This is less bullish than many peers and could cap near-term momentum for shares. Morgan Stanley note
• Negative Sentiment: Despite the bullish analyst flow, shares have moved lower intraday with volume below recent averages — a sign of profit-taking or rotation into other names while investors digest the new coverage and wait for company-level catalysts (earnings, backlog details, or order announcements).

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.