Forgent Power Solutions is trading 4.1% up at $37.77 as its AI-driven momentum continues, fueled by a reported $2 billion AI data center order backlog.
- The massive backlog has attracted bullish analyst commentary, sustaining the stock's recent gains and investor optimism regarding long-term growth.
- Broader software stocks are also trending higher following strong Palantir earnings, providing a supportive macro backdrop for the company's current strength.