Forgent Power Solutions Inc FPS

$FPS Bernstein initiated coverage Friday with an Outperform rating and a 48 price target, arguing Forgent trades at a steep discount to peers. The stock closed up 8.1% at 40.35. The note's core, per TheFly: three structural earnings drivers the market is missing. Higher content per megawatt as modular data centers scale, share gains with new and existing customers, and margin expansion as factory utilization scales. One level down: this is a February 2026 IPO selling transformers and switchgear into data centers and the grid. The bull case is not megawatt growth, which is the crowded part of the trade. It is earnings structure: more dollars per megawatt, more share, more leverage on the factories. Wells Fargo started coverage at Equal Weight with a 44 target on Sept 24. Bernstein's 48 is about 19% above Friday's close. Forward PE sits near 30 on next year's numbers, so the discount argument is about earnings delivery, not the multiple.

$FPS The breakout is coming after a double-top at 40 this past week!

$ACCV $FPS $VRT $BE Bullish for nuclear energy, electrical and power sector

$INIO $FPS $INIO damn, $INIO has been cut in half. You like better than $BRUN?

$FPS this company has potential to go over 300+ easily in the future. Just hold and wait.

Bernstein SocGen initiated coverage of Forgent Power Solutions with an Outperform rating and a $48 price target, implying about 29% upside from the previous close of $37.33. Analyst Chad Dillard said the market has not fully priced in three structural earnings-growth drivers that could support significant shareholder value. Forgent generates about 80% of its revenue from data centers and the power grid. Bernstein forecasts roughly 70% annual EPS growth through 2030, above Wall Street’s approximately 60% consensus, supported by the shift toward modular data-center construction. Modular projects are expected to grow from 40% to 60% of the market by 2030, potentially expanding Forgent’s content opportunity 55% to about $2.8 million per megawatt as it moves from individual components to integrated systems. $FPS