NASDAQ:POWL 4 January 2026 - 4 February 2026

Shares of Powell Industries jumped 8% to $439.37 by midday Friday after Tema ETFs disclosed a $24.3 million stake in the company. U.S. factory output rose in December, boosting electrical equipment makers. Eaton, Vertiv, and nVent also gained about 4%. Powell’s annual meeting is set for Feb. 18.

Powell Industries shares rose 6.6% to $389.74 Monday after Wall Street Zen upgraded the stock to “buy.” Volume reached 213,000 shares as the stock hit an intraday high of $396.80, trading about 11% above the new $350 price target. Investors are watching for Powell’s fiscal Q1 results in early February and its annual meeting on Feb. 18.

Powell Industries shares jumped 10.6% to $352.52 on Friday, the first U.S. trading day of 2026, outpacing peers in thin holiday trading. The Houston-based electrical equipment maker reported a $1.4 billion backlog as of Sept. 30 and fiscal 2025 net income of $180.7 million. About 252,000 shares changed hands. Investors await key U.S. labor and inflation data next week.