Today: 14 March 2026
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NASDAQ:POWL 4 January 2026 - 4 February 2026

Powell Industries stock jumps on strong profit, $1.6 billion backlog and new dividend boost

Powell Industries stock jumps on strong profit, $1.6 billion backlog and new dividend boost

Powell Industries shares jumped 14.5% to $519.02 after reporting fiscal Q1 net income of $41.4 million and revenue of $251.2 million. The company booked $439 million in new orders, closing the quarter with a $1.6 billion backlog. Powell raised its quarterly dividend to $0.27 per share, payable March 18 to shareholders on record Feb. 18.
Powell Industries (POWL) stock jumps 11% to start 2026 as industrials rally; what investors watch next

Powell Industries (POWL) stock jumps 11% to start 2026 as industrials rally; what investors watch next

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.
4 January 2026

Stock Market Today

  • Oil Crisis Sparks Economic Fears but Stock Market Remains Unshaken
    March 14, 2026, 10:16 AM EDT. Oil supply disruptions in the Middle East have ignited fears of rising inflation, higher interest rates, and potential stagflation-a combination of stagnant growth and inflation. Prices at the pump and grocery stores are climbing, pushing up costs for Canadian households. Despite the turmoil, U.S. and Canadian stock markets have only fallen 4% and 5% respectively since the crisis began, a calm seen by experts as misleading. The Strait of Hormuz's role as a critical global oil and gas transit point emphasizes the fragility of the world economy. Rising bond yields now affect mortgage rates, squeezing consumers further. Experts caution against taking full market risk amid the uncertain geopolitical financial landscape, warning of chaotic outcomes as the ripple effects expand.
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