Forgent Power Shares Trade Above $47 Offer as AI Demand Keeps Interest Up

Forgent Power Solutions Inc. shares surged Thursday, climbing far past the price set in its big public offering that wrapped up this week. The newly listed power equipment maker kept getting attention from investors focused on data-center infrastructure.

Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent Power Solutions boosted its fiscal 2026 guidance Thursday, reporting record Q3 orders and backlog. The stock jumped ahead of the bell, as investors tallied another signal of robust demand from AI-fueled data center buildouts. The company posted its results with the U.S. Securities and Exchange Commission that same day.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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Times and estimates may change. Verify before trading.