FPS

FPS stock has surged nearly 30% since Q4 earnings. A record $3B backlog, booming AI demand and strong EPS guidance signal more upside ahead.

The consensus price target hints at a 52.9% upside potential for Forgent Power (FPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

DELL's AI server demand, PWR's backlog and FPS' data center growth fuel momentum into October.

Demand is rising for Forgent's custom-engineered powertrain solutions. Several investment banks foresee significant gains for investors who buy shares now.

Forgent Power Solutions beats fiscal Q4 estimates as data center demand drives Powertrain Solutions growth, while bookings and backlog reach record levels.

Forgent's sales and profits are growing rapidly. Management expects revenue to increase by 76% in fiscal 2027.

Forgent Power Solutions NYSE: FPS reported record fourth-quarter and full-year fiscal 2026 results, driven by demand across its data center, grid and industrial markets, as well as growth in its modular Powertrain Solutions business.

U.S. stocks traded lower midway through trading, with the Dow Jones index dropping more than 350 points on Tuesday.

Forgent Power Solutions (FPS) is the focus, with concerns over its valuation and downside risk. I highlight that FPS could face a 30% decline, driven by overextended AI infrastructure expectations. The investment thesis centers on potential overvaluation relative to fundamentals and market hype.

Forgent Power Solutions is a focused data center power distribution provider, riding the AI buildout cycle with explosive revenue and backlog growth. FPS reported FY26 revenue up 89% YoY to $1.42B, with Q4 bookings up 375% YoY and a record $3B backlog, driven by modular solutions demand. FY27 guidance projects 69% revenue growth to $2.4–$2.6B and 86% EBITDA growth, with forward multiples now reasonable at 23.4x PE and 24x EV/EBITDA.