Powell Industries stock jumps 10.6% to start 2026 as investors eye jobs data and Feb. earnings
Powell Industries shares surged 10.6% to $352.52 on Friday, with 252,000 shares traded, Nasdaq data showed. The company reported fiscal 2025 revenue of $1.1 billion and net income of $180.7 million in a recent SEC filing. Powell’s backlog stood at $1.4 billion as of Sept. 30. The next earnings update is expected in early February.