On May 21, Forgent Power Solutions rose 5.25% in regular trading, trading at $47.085/share, with trading volume of $45.82 million.

On the news front, the Heavy Electrical Equipment sector extended its strong rebound, with Bloom Energy up 11.49%, NuScale Power up 3.18%, and GE Vernova up 0.88%, providing upward momentum for the stock to continue its recovery from recent pullbacks.

Additionally, multiple investment banks recently raised their target prices on the company following its strong Q3 earnings report. TD Cowen raised its target to $63, JPMorgan to $56, and Oppenheimer to $60, all maintaining buy ratings. The company's fiscal Q3 results showed revenue surging 103% year-over-year to $378.7 million and adjusted net income rising 132%, while management raised full-year revenue guidance to $1.35-$1.39 billion, reinforcing confidence in the growth trajectory.

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