Archived explainer. For the current picture see today's FPS page.
FORGENT PWR SOLUTION A (FPS) is down -10.99% in the latest session. Our newswire has captured 12 stories on FPS across 7 sources in the last 36 hours, with AI sentiment reading bullish (avg 59/100).
Forgent Power Solutions (FPS) shares fell 10.99% to $21.87 on Wednesday, a sharp reversal following a record-breaking quarterly report. The primary driver of the decline appears to be a gap-down open that failed to recover, despite the company posting its highest quarterly revenue in history and raising its full-year outlook.
Forgent Power Solutions reported first-quarter fiscal 2027 results on November 12, 2026, via an 8-K filing. The company recorded revenue of $479 million, a 69% increase year-over-year, which exceeded analyst estimates of $462.36 million. Net income reached $55 million, marking a 252% increase from the prior year. Non-GAAP earnings per share came in at $0.24, beating the consensus estimate of $0.20 by $0.04.
Management attributed the strong performance to growing demand from AI labs and hyperscalers, with the CEO noting that orders are building through 2028. Based on this momentum, Forgent raised its fiscal 2027 adjusted EPS guidance to a range of $1.30 to $1.44, up from the previous $1.26 to $1.40. The company also increased its sales guidance to $2.45 billion to $2.65 billion, compared to the prior outlook of $2.40 billion to $2.60 billion.
The stock opened at $23.22, representing a 5.5% gap down from the prior close of $24.57. Trading volume was light at 2.6 million shares, which is 0.3 times the three-month daily average. The session high was $24.11 at 7:10 AM ET, while the session low hit $20.40 at 9:30 AM ET. The stock closed at $22.00 in the final trade of the session.
Fundamentally, the company has a market capitalization of $5.9 billion and a P/E ratio of 82.1. Trailing twelve-month revenue growth stands at 88.5%, with a net margin of 5.8%. The stock is currently trading near the lower end of its 52-week range of $17.67 to $66.00. On the day of the report, the stock printed one fresh 52-week low.
With the stock now trading significantly below its recent highs, investors will monitor whether the raised fiscal 2027 guidance can sustain interest. The next scheduled earnings date is not provided in the current data, but the coverage breadth of 12 stories from 7 sources in the last 36 hours indicates high market attention on the company's ability to convert its AI-driven revenue growth into sustained profitability.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Forgent reported a 69% increase in Q1 revenue to $479 million, the highest quarterly revenue in the company’s history.
Forgent Power shares fall 4.35% despite 69% quarterly revenue growth to $479 million and higher FY2027 guidance of $2.45 billion to $2.65 billion.
Revenue: $479 million, up 69% year-over-year, exceeding analyst estimates of $462.36 million.Net Income: $55 million, marking a 252% increase year-over-year, wi
On November 12, 2026, Forgent Power Solutions Inc (NYSE: FPS) announced its Q1 non-GAAP earnings per share of $0.24, beating estimates by $0.04, alongside reven
Filed: 2026-11-12 AccNo: 0002080126-26-000045 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Forgent Power Solutions reports Q1 non-GAAP EPS of $0.24, beating estimates by $0.04; revenue rises 68.9% to $478.57M, $16.58M above estimates.
More on FPS: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier FPS move explainers: 2026-11-12 · 2026-11-11 · 2026-10-02 · 2026-09-17 · 2026-09-16 · 2026-09-15