Cantor Fitzgerald sets USD 235.00 target for Powell Industries stock

Published on 10/07/2026 at 01:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue was USD 311.74 million, up 8.90 percent. For Powell Industries stock, orders reached USD 934.00 million.

POWL, US7391281067, Illustration mit AI erstellt.

Powell Industries (ISIN US7391281067) had a USD 7.5 billion market capitalization as of October 6, 2026, while its Nasdaq quote last stood at USD 204.69 at 4:00 p.m. ET. MarketBeat reports that Cantor Fitzgerald reaffirmed a Neutral rating and set a USD 235.00 target on October 1, 2026.

Revenue grows while estimates lag

In fiscal third quarter 2026, revenue reached USD 311.74 million, according to MarketBeat, up 8.90 percent from the same period a year earlier but below the USD 316.70 million consensus estimate. Earnings per share came to USD 1.42 against USD 1.49 expected, making execution against project demand the central valuation test.

Yahoo Finance reported that Powell booked USD 934.00 million of new orders in fiscal third quarter 2026, including a data-center award above USD 400.00 million, an LNG project worth USD 60.00 million and a petrochemical project worth USD 75.00 million.

Backlog reaches USD 2.4 billion

The same fiscal-quarter transcript put Powell's backlog at USD 2.4 billion, up USD 967.00 million from a year earlier and USD 619.00 million sequentially. The book-to-bill ratio was 3.00, while gross margin was 30.60 percent, showing that the order surge has not yet translated into a comparable revenue acceleration.

That conversion gap matters because the quarter's revenue growth was 8.90 percent even as orders nearly tripled year over year. Powell's industrial exposure remains broad, with commercial and other industrial revenue up USD 27.00 million, or 54.00 percent, while petrochemical revenue fell 49.00 percent year over year, according to Yahoo Finance.

Nasdaq quote and valuation

Powell's USD 92.59 to USD 328.00 52-week range and USD 7.5 billion market capitalization were stated as of October 6, 2026. Its USD 204.69 Nasdaq quote sat below the USD 235.00 Cantor Fitzgerald target, leaving the analyst view tied to backlog conversion, margin durability and project delivery.

MarketBeat also reported that Chief Executive Officer Brett Cope sold 4,799 shares for USD 900,628.33 on September 30, 2026. That transaction adds an insider-selling counterweight to the company's record order flow.