# Forgent Power (FPS) — News

FPS · NYSE · Stock

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## Recent headlines

- [JTL Defence - Naveen Kumar Laroiya steps down as chief financial officer](https://www.ainvest.com/news/jtl-defence-naveen-kumar-laroiya-steps-chief-financial-officer-2610) — AInvest Wire, Oct 14, 2026
  JTL Industries Limited has announced the resignation of Mr. Atul Garg as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from close of business hours . The company simultaneously appointed Mr. Naveen Kumar Laroiya as the new CFO and KMP, also effective from the same date…
- [Forgent Power (FPS) shares gained 7.61% in intraday trading after Bernstein initiated coverage with an Outperform rating.](https://www.ainvest.com/news/forgent-power-fps-shares-gained-7-61-intraday-trading-bernstein-initiated-coverage-outperform-rating-2610) — AInvest Wire, Oct 2, 2026
- [Forgent Power Solutions, Inc.: Bernstein initiates coverage with outperform rating; price target $48](https://www.ainvest.com/news/forgent-power-solutions-bernstein-initiates-coverage-outperform-rating-price-target-48-2610) — AInvest Wire, Oct 2, 2026
  Bernstein has initiated coverage on Forgent Power Solutions, Inc. (FPS) with an "outperform" rating and a price target of $48 per share, as of October 2026. This move comes amid growing investor interest in the electrical equipment sector, particularly in companies positioned to benefit from…
- [Coreweave CEO: New cloud product forge seen boosting margins](https://www.ainvest.com/news/coreweave-ceo-cloud-product-forge-boosting-margins-2609) — AInvest Wire, Sep 30, 2026
  CoreWeave CEO recently highlighted the potential of its new cloud product, Forge, to enhance the company’s financial performance by improving operational efficiency and reducing costs. Forge is designed to streamline the AI development lifecycle, enabling faster iteration and deployment of AI…
- [Moody's Ratings says Forge's announced acquisition of Becker's Healthcare is a positive credit development](https://www.ainvest.com/news/moody-ratings-forge-announced-acquisition-becker-healthcare-positive-credit-development-2609) — AInvest Wire, Sep 28, 2026
  Moody’s Ratings has stated that Forge’s recently announced acquisition of Becker’s Healthcare represents a positive credit development for the company. The move is seen as a strategic expansion into the healthcare information and technology sector, which aligns with Forge’s broader growth…

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