Forgent Power Solutions jumps after Q2 results

Forgent Power Solutions

16/03/2026 15:56

** Shares of electrical equipment maker Forgent Power Solutions FPS.N rise 14.2% to $35.36

** Q2 revenue rises 69% over the year earlier to $296 mln

** Adj. net income at $35.5 mln, vs $21.4 mln a year ago

** Forecasts FY26 revenue between $1.28 bln and $1.33 bln

** Nine of 10 analysts rate stock "strong buy" or "buy", one "hold"; median PT is $44 - data compiled by LSEG

** Including session's move, FPS up 34.8% since its debut on February 5

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))