On September 17, Forgent Power Solutions, Inc. rose 7.86% overnight, trading at $37.58 per share, with turnover of $718,500, extending a multi-day rally following its record fiscal Q4 results and fresh analyst endorsements.

The rally builds on momentum from the company's fiscal Q4 report released on September 15. Q4 revenue reached $461.7 million, up 94% year-over-year and beating the consensus estimate of $429.9 million. Adjusted EPS came in at $0.31, surpassing expectations of $0.24 by approximately 29%. Quarterly bookings surged 375% to $1.503 billion, pushing the backlog to a record $3 billion. Full-year revenue totaled $1.42 billion, up 89%, while net income soared 508% to $106 million.

Crucially, fiscal 2027 guidance significantly exceeded market expectations, with revenue projected at $2.4 billion to $2.6 billion versus the $2.09 billion consensus, and adjusted EPS of $1.26 to $1.40 versus $1.19 expected. Oppenheimer highlighted the company as offering a growth blueprint, while multiple analysts raised price targets amid the record order momentum.

Forgent Power Solutions, Inc. is a leading designer and manufacturer of power distribution equipment widely used in data centers, power grids, and high-energy-consumption industrial facilities.

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