Forgent Power Solutions Inc. Class A Common Stock vs iShares Global Clean Energy ETF — how do they compare? Forgent Power Solutions Inc. Class A Common Stock trades at $31.37 (market cap $8.98B), while iShares Global Clean Energy ETF trades at $16.47 (market cap $2.13B). The key difference: Forgent Power Solutions Inc. Class A Common Stock is far larger — about 4.2× iShares Global Clean Energy ETF's market cap, and Forgent Power Solutions Inc. Class A Common Stock is more actively traded (7,398,217 versus 5,190,061). Which is the better fit depends on your goals — on Pluang, investors hold Forgent Power Solutions Inc. Class A Common Stock for 0 Days and iShares Global Clean Energy ETF for 88 Days on average.
| FPS | ICLN | |
|---|---|---|
Market Cap | $8.98B | $2.13B |
Volume | 7,398,217 | 5,190,061 |
Sector | Industrials | — |
52-Week High | $64.59 | $23.75 |
52-Week Low | $27.97 | $16.00 |
Typical Hold Time | 0 Days | 88 Days |
Enterprise Value | $9.58B | — |
Signals from Pluang's Aura AI — not financial advice
Forgent Power Solutions (FPS) trades at $36.17, down 2.48% on the day, following a strong earnings-driven rally. The stock shows neutral technical signals with support at $35 and resistance at $37. Recent Q2 2026 earnings beat expectations with EPS of $0.25 versus $0.24 expected, continuing a pattern of quarterly outperformance. The company reported record $3 billion backlog and strong data center demand driving growth.
FPS presents significant upside potential with analyst consensus target of $55.20 (52.9% upside) and 85.7% buy ratings. However, high valuation multiples (P/E 120.57, P/S 6.21) and negative 2025 net income of -$6.17M create valuation concerns. Key risks include execution on $3B backlog and potential overvaluation amid AI infrastructure hype.
ICLN is trading at $16.39, down 4.6% over the past 24 hours amid a bearish technical signal. The ETF's moving averages indicate a strong downtrend, while oscillators remain neutral. Recent news highlights ICLN's underperformance compared to traditional energy ETFs, with higher volatility and a 57.2% maximum drawdown noted in 2026. The fund provides diversified exposure to 105 global clean energy companies but faces stiff competition from fossil fuel-focused alternatives delivering stronger recent returns.
The outlook for ICLN remains challenged by competitive pressure from traditional energy ETFs and clean energy sector volatility. Investment opportunity lies in long-term global renewable energy adoption, but risks include expense ratio disadvantages and inconsistent performance versus peers. Wall Street sentiment appears cautious given technical weakness and relative performance concerns.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Forgent Power Solutions designs and manufactures electrical distribution equipment, including transformers, switchgear, transfer switches, and prefabricated power systems, for data centers, the power grid, and industrial facilities, manufacturing across multiple product categories in-house through a network of manufacturing campuses in US.
Read more on FPS →The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the target index. The index may invest up to 20% of its assets in certain futures, trading options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Read more on ICLN →