GLJ Research Starts Powell Industries (POWL) at Hold

GLJ Research analyst Austin Wang initiates coverage on Powell Industries (NASDAQ: POWL) with a Hold rating and a price target of $450.00.

The analyst comments "We initiate coverage of POWL at HOLD with a $450PT as channel checks and management commentary call into question the data center narrative priced into the stock. We model +MSD% upside to sellside numbers, but buysiders are overreacting to a single $75mm large-scale data center order to price in a 800VDC data center pivot that POWL is ill-equipped to execute from both a R&D and capacity perspective today. Our proprietary backlog cohort analysis drives us to model F’26 / F’27 EBITDA +6.4% / +4.9% higher than Street consensus as data-center acceleration fades on a lack of follow-thru."

For an analyst ratings summary and ratings history on Powell Industries click here. For more ratings news on Powell Industries click here.

Shares of Powell Industries closed at $512.89 yesterday.

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