Wells Fargo has launched coverage of Forgent Power Solutions (NYSE:FPS, DB:9FS) with an Equal‑Weight recommendation, according to Fintel.
Forgent Power Solutions closed at $38.96 on September 25, 2026, down 1.22% week‑over‑week from the September 24 close of $38.95, relative to a baseline of $39.44 on September 18. Over the preceding month, the stock rose 21.03% from its August 25 baseline of $32.19.
On September 15, 2026, Forgent Power Solutions reported earnings of $0.25 per share, beating the consensus estimate of $0.2421 (a 3.26% surprise). Revenue came in at $461,672,000, exceeding the projected $434,239,400.
As of September 15, 2026, the consensus target price for Forgent Power Solutions stood at $61.54, with a median target of $61.20, implying a 57.96% upside from its current valuation. The previous target mean was $60.86 on August 29, reflecting a 1.12% upward revision.
During the recommendation period ending September 1, 2026, analysts have issued 14 ratings for Forgent Power Solutions: 6 strong buys, 6 buys, and 2 holds, with no sells or strong sells. This yields an 85.7% positive, 14.3% hold, and 0% negative consensus—unchanged from the prior period on August 1, 2026, which also featured 14 ratings with the same distribution.
Recent Analyst Actions
Recent analyst updates include Wells Fargo initiating coverage with an Equal‑Weight rating on September 25, 2026; Oppenheimer reaffirming its Outperform rating on September 16, 2026; and TD Cowen maintaining its Buy rating on the same day.