Why Is FORGENT PWR SOLUTION A (FPS) Stock Up Today?

Why FPS stock is up today

Forgent Power Solutions stock rose 11.10% to $34.84 in morning trading on Thursday. The move followed the company’s strong Q4 2026 earnings report and updated fiscal 2027 guidance. The stock has continued to climb after exceeding expectations in revenue and adjusted EBITDA and setting a record backlog of $3 billion.

What Happened

Forgent Power Solutions reported Q4 2026 revenue of $462 million, surpassing the estimated $430 million. Adjusted EBITDA reached $113 million, also above the expected $108 million. The company’s fiscal 2027 outlook exceeded market expectations, with JPMorgan and KeyBanc both reiterating their positive ratings. JPMorgan highlighted the FY2027 outlook as implying over 80% organic growth, while KeyBanc maintained an Overweight rating with a $60 price target. The company also announced a $35 million investment to expand its Tijuana powertrain manufacturing facility, raising total revenue capacity to approximately $5.8 billion. These developments have drawn renewed attention from analysts and investors.

What The Data Shows

Over the past eight sessions, the stock has gained 12.7%, rising from $31.35 to $35.34. Unusual options activity in the last 36 hours included four notable prints, with call premiums totaling $6.6 million and no put premiums. The largest single print was $3.4 million. On the 52-week tape, the stock printed 24 fresh 52-week highs and one fresh 52-week low on September 16, 2026. A recent insider filing showed Neos Partners, LP, a director with 10% ownership, sold shares on July 6, 2026.

What To Watch

Investors should monitor Forgent Power Solutions as it continues to deliver on its guidance and expand its manufacturing capacity. The stock remains in focus ahead of any potential follow-up analyst commentary or further corporate developments.