Forgent Power Solutions Prices 56M Shares at $27.00
Forgent Power Solutions priced 56M shares at $27.00, at the midpoint of the $25.00-$29.00 target range. Goldman Sachs, Jefferies and Morgan Stanley are acting as joint book running managers for the offering. Forgent is a designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities.
Trade with 70% Backtested Accuracy
Analyst Views on FPS

No data
About FPS
About the author

- Surge in IPO Proceeds: Goldman Sachs projects that U.S. IPO proceeds will reach a record $160 billion in 2026, quadrupling from 2025, indicating strong economic recovery and robust equity markets.
- Doubling of IPO Count: The number of IPOs is expected to double to 120 in 2026, driven by a recovering economy, rising equity prices, and favorable financial conditions, with software and healthcare sectors leading the charge.
- Large Company Listings: Goldman Sachs notes that 2026 IPOs will be dominated by large private company listings, with proceeds estimated between $80 billion and $200 billion, although recent selloffs in software stocks highlight valuation risks.
- Signs of Market Activity: Approximately $5 billion has already been raised through IPOs in 2026, including notable companies like AI equipment manufacturer Forgent Power and biopharmaceutical firm Eikon Therapeutics, reflecting a strong market rebound.
- IPO Revenue Forecast: Goldman Sachs analysts predict that US IPO proceeds will reach a record $160 billion in 2026, quadrupling from 2025, reflecting strong demand for major companies, particularly with anticipated listings from SpaceX and OpenAI.
- Surge in IPO Numbers: The number of IPOs is expected to double to 120 in 2026, driven by economic growth, rising equity prices, and improved financial conditions, indicating strong market interest and confidence in new public offerings.
- Industry Dominance: Software and healthcare firms are set to dominate the IPO pipeline by volume, while late-stage tech and AI companies are expected to drive proceeds, showcasing ongoing investor focus and trust in technological innovation.
- Market Risk Warning: Despite the optimistic outlook, Goldman warns that ongoing volatility in software stocks and lack of corporate confidence could impact the IPO market, particularly as the software sector accounts for about a quarter of the IPO backlog, necessitating close monitoring of market dynamics.
Jennifer Garner's Characters: Garner is known for her roles as Sidney Bristow in Alias and Elektra in Marvel films, where she faced tough adversaries.
Current Challenge: The actress is now dealing with the challenges posed by unpredictable investors in her entrepreneurial ventures.
Entrepreneurial Success: Despite the challenges, Garner appears to be successfully navigating the investment landscape.
Transition from Acting to Business: Garner's shift from acting to entrepreneurship highlights her versatility and determination in facing new challenges.
- Market Advisory Issued: The New York Stock Exchange (NYSE) released a daily pre-market advisory on February 6, 2026, aimed at providing traders with market insights before the opening bell, thereby assisting investors in making informed trading decisions.
- IPO Celebration: Once Upon a Farm (NYSE: OFRM) celebrates its IPO at the opening bell, marking a significant milestone for the company in the capital markets, which is expected to attract more investor interest in its future growth.
- Charity Milestone: The 'I Have A Dream' Foundation celebrates its 45th anniversary of supporting scholars, highlighting its long-term commitment to education, which may draw attention from socially responsible investors.
- Market Insights Access: Investors can download the NYSE TV app to access market insights and IPO activities for the day, further enhancing the effectiveness of their trading strategies.
- Successful IPO: Once Upon a Farm begins trading on the New York Stock Exchange today after raising approximately $198 million, marking its debut in the capital markets and expected to provide funding for future expansion.
- Positive Market Performance: Early trading on Friday sees equities rising as buyers gather shares, particularly highlighted by Reddit (NYSE:RDDT) shares surging double digits following upbeat earnings, indicating a recovery in market sentiment.
- Other Company Performances: Forgent Power Solutions (NYSE:FPS) and Bob's Discount Furniture (NYSE:BOBS) saw their shares rise 7.4% and 0.1% respectively in yesterday's trading, reflecting investor confidence and interest in newly listed companies.
- Exchange Activity Update: The New York Stock Exchange provides daily market updates, ensuring investors receive the latest market dynamics and IPO activity information before trading begins, enhancing the effectiveness of trading decisions.
Amazon's Spending Forecast: Amazon's recent spending forecast has surprised the markets, contrasting sharply with the prevailing risk-averse sentiment among investors.
Concerns Over AI Investments: This situation raises concerns about whether the current enthusiasm for artificial intelligence investments may mirror the speculative excesses seen during the dot-com bubble.










