Powell Industries Future Growth
Future criteria checks 3/6
Powell Industries is forecast to grow earnings and revenue by 14.3% and 12.6% per annum respectively. EPS is expected to grow by 14.1% per annum. Return on equity is forecast to be 27.2% in 3 years.
Key information
14.3%
Earnings growth rate
14.11%
EPS growth rate
| Electrical earnings growth | 18.3% |
| Revenue growth rate | 12.6% |
| Future return on equity | 27.17% |
| Analyst coverage | Low |
| Last updated | 08 May 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • May 11
Powell Industries Q2 Review: Still A Long Growth Runway, But I'm Not Adding Here
Summary Powell Industries, Inc. reported Q2 headline misses, but a surging backlog ($1.8B, +33% y/y) and new orders (+96% y/y) drive optimism. POWL secured a $400M data center megaproject, not yet in Q2 results, supporting robust multi-year growth visibility through at least fiscal year 2028. The book-to-bill ratio hit 1.7x, reflecting demand outpacing capacity; management is prudently expanding its footprint to avoid overbuilding and margin erosion. I downgrade POWL to Hold due to valuation (56x forward P/E), despite strong fundamentals and sector tailwinds from AI and data center demand. Read the full article on Seeking Alpha
New Narrative • Mar 03
Powell Industries Inc. (POWL): The Electrification Specialist – Powering Data Centers and LNG Megaprojects in 2026.
Powell Industries (POWL) is currently operating as a high-voltage leader in the electrical infrastructure space, trading at $511.12 as of the March 3, 2026, close. Despite a 4.0% intraday pullback today, the company remains one of the most explosive industrial stories of the decade, having surged from a small-cap niche player into a mid-cap powerhouse with a $6.3 billion market capitalization.Analysis Article • Jan 17
Powell Industries, Inc.'s (NASDAQ:POWL) 32% Share Price Surge Not Quite Adding Up
Powell Industries, Inc. ( NASDAQ:POWL ) shareholders have had their patience rewarded with a 32% share price jump in...
Narrative Update • Nov 08
POWL: Discount Rate Increase Will Pressure Future Earnings Performance
Analysts have maintained their price target for Powell Industries at $269.26. They cite stable revenue growth and profit margin forecasts, despite a slight uptick in the discount rate and future price-to-earnings expectation.Analysis Article • Oct 28
Powell Industries, Inc.'s (NASDAQ:POWL) 29% Share Price Surge Not Quite Adding Up
Despite an already strong run, Powell Industries, Inc. ( NASDAQ:POWL ) shares have been powering on, with a gain of 29...Narrative Update • Oct 24
Capacity Expansion Will Drive Margin Pressure Amid Overextended Expectations
Analysts have minimally adjusted their price target for Powell Industries and are maintaining it at $269.26, citing stable expectations for the company's growth and profitability. What's in the News Powell Industries, Inc.Narrative Update • Oct 10
Overpriced Market Assumptions Will Trigger Margin Reversal
Analysts have raised their price target for Powell Industries from $245.93 to $269.26, citing modest improvements in projected revenue growth, profit margin expectations, and forward P/E ratios as key factors driving their updated outlook. What's in the News Powell Industries has announced a $12.4 million investment to expand production capacity at its Jacintoport manufacturing facility in Houston (Key Developments).Analysis Article • Aug 08
Powell Industries, Inc. Just Beat EPS By 5.0%: Here's What Analysts Think Will Happen Next
NasdaqGS:POWL 1 Year Share Price vs Fair Value Explore Powell Industries's Fair Values from the Community and select...Analysis Article • Jul 18
There's No Escaping Powell Industries, Inc.'s (NASDAQ:POWL) Muted Earnings Despite A 31% Share Price Rise
Powell Industries, Inc. ( NASDAQ:POWL ) shares have continued their recent momentum with a 31% gain in the last month...Analysis Article • Jul 07
Why We Like The Returns At Powell Industries (NASDAQ:POWL)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Analysis Article • Jun 19
Should You Be Adding Powell Industries (NASDAQ:POWL) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jun 01
The Market Doesn't Like What It Sees From Powell Industries, Inc.'s (NASDAQ:POWL) Earnings Yet
Powell Industries, Inc.'s ( NASDAQ:POWL ) price-to-earnings (or "P/E") ratio of 11.8x might make it look like a buy...Seeking Alpha • Apr 15
Powell Industries: Valuation At Multi-Year Lows (Upgrade To Buy)
Summary Data center projects have weakened, but Powell's largest segments (Oil & Gas, petrochemicals, electric utility) show strong growth, making it less dependent on data centers. Trump's tariffs have minimal impact on Powell due to its "under one roof" philosophy and domestic sourcing, ensuring stable sales and margins. Powell Industries' stock has fallen 20% since my previous coverage, but no fundamental changes justify the drop; hence, I upgrade POWL to a Buy. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
Powell Industries: How The Company Became My Largest Position
Summary Powell Industries is upgraded to a strong buy due to market overreaction, solid Q1 performance, and a robust financial position with zero debt. Q1 revenues increased by 24.4% y/y, driven by strong demand in Oil & Gas and Electric Utility sectors, despite slight margin contractions. The company's diversification across sectors, strong cash position, and positive outlook for 2025 support long-term growth potential. Conservative valuation estimates show significant upside, with intrinsic values ranging from $201 to $242 per share, even with margin deterioration. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
Testing The Short Thesis Of Powell Industries
Summary POWL's stock is speculative due to uncertainties in capturing data center capex and potential market glut post-2029, despite promising short-term revenue. The stock's intrinsic value is estimated at $140-$160, assuming steady growth in data center and utilities capex capture, and normalized oil & gas revenues. Risks include fierce competition, cyclicality in the data center segment, and high cash-intensive working capital requirements, limiting growth potential. Read the full article on Seeking AlphaSeeking Alpha • Feb 10
Powell Industries: Growth Prospects Remain Intact
Summary Powell Industries has strong growth potential due to demand for electrical power systems in data centers, AI, cloud computing, and oil & gas sectors. Q1 2025 showed a revenue increase of 24% YoY, with EPS beating expectations, though gross margins were seasonally lower. This didn't delight the market, which seems like an overreaction. Risks include potential overestimation of growth and over-investment in manufacturing capacity, but overall, Powell remains well-positioned for future growth. Read the full article on Seeking AlphaSeeking Alpha • Jan 12
Powell Industries: A Buying Opportunity Amid Slowing Growth Concerns, As Fundamentals Remains Strong
Summary Powell Industries experienced nearly 32% revenue increase in Q4 FY24, with strong growth in petrochemical and commercial sectors but slower Utility and, oil and gas revenue. Demand environment remain favorable across core industrial end market, which along with backlog should support near term topline growth despite slowdown in certain end markets. Margin look favorable with continued focus on productivity and cost reduction initiatives. Promising long term outlook and an attractive valuation followed by the recent stock price decline make it a decent buy for long term. Read the full article on Seeking AlphaSeeking Alpha • Jan 02
Powell Industries: If You Want A New Year Gift, Don't Miss This One
Summary Powell Industries plays a critical role in the AI value chain, focusing on electrical infrastructure solutions. If you consider electricity infra as the critical limiting factor and not chips, then you will likely appreciate POWL's thesis. Powell has exposure across the value chain and is diversified among several industry verticals. Data center revenue is gaining traction, and the $2T AI infra buildout should help accelerate this segment. I explain why the market has presented investors with a "glorious" gift to start 2025, given the 40% decline in POWL since November. Don't miss it. Read the full article on Seeking AlphaSeeking Alpha • Dec 04
Powell Industries Stock: My Top Pick For The Long-Term
Summary Powell Industries, Inc. reported strong Q4 and full-year 2024 results, with significant revenue and EPS growth, despite a slight revenue miss and a temporary share price drop. The company’s robust balance sheet, no debt, and steady $1.3B backlog position it well for future growth, even amid revenue growth concerns. The positive outlook for the energy sector under the new administration and continued operational efficiency improvements bolster confidence in Powell’s future performance. I maintain a buy rating on POWL, seeing the current share price as a buying opportunity, with potential for further gains and a strong moat. Read the full article on Seeking AlphaSeeking Alpha • Nov 20
Powell Industries Earnings: Deceleration Sparks Concerns
Summary Powell Industries' strong balance sheet and reasonable valuation are overshadowed by stagnant backlog and decelerating revenue growth, leading to a neutral rating. Despite solid momentum in emerging sectors, fiscal Q1 2025 revenue growth is expected to decelerate significantly, raising investor concerns. Operating profit margins have improved, but substantial cash flow will be allocated to capital projects, limiting shareholder returns. The risk-reward balance is too even, making it prudent to stay neutral on POWL for now. Read the full article on Seeking AlphaSeeking Alpha • Nov 07
Powell Industries: Up 1,250% In 24 Months, But You Still Haven't Missed The Boat
Summary Powell Industries has experienced a 1,250% stock increase over the last 24 months due to strong demand for power distribution systems. POWL's financials show significant progress in sales, EPS, and margins, as the company has transformed from a breakeven outfit to a profitable mid-size firm. The company's valuation at 17x EV/EBITDA is reasonable, supported by energy & utility Capex, alongside a robust cash position with zero debt. We rate the stock a 'Strong Buy'. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
Tiny Powell Industries Is Pursuing A Pivotal Role In Some Hot Growth Markets
Summary Electricity transmission is a hot investment theme today… We need a lot more current to enable the digital world we crave. Sometimes, though, we forget how challenging, and potentially dangerous electric current can be. Powell Industries is a tiny company with a huge mission… Its offerings are essential to prevent excess voltage from destroying our dreams, and us. Its emerging stature as a growth company Wall Street is starting to tune into how this highly profitable company is evolving. The stock may need a pause before it becomes buyable, but it definitely belongs on a watchlist. Read the full article on Seeking AlphaSeeking Alpha • Oct 06
Improving Margins Make Powell Industries A Growth Stock Worth Watching
Summary Powell Industries (NASDAQ: POWL) is a small-cap industrial stock with strong growth potential, driven by demand in petrochemical and electric utility sectors. The company boasts a solid cash position, no debt, and improving margins, making it financially flexible and promising for future growth. Despite risks from larger competitors and reliance on subcontractors, Powell Industries' revenue and earnings are expected to grow significantly. Trading near its 52-week high, Powell Industries remains a buy, with potential for further share price increases and improved dividends. Read the full article on Seeking Alpha
New Narrative • Sep 11
Facility Expansion And Innovation Drive Transformative Revenue Growth And Margin Enhancements
Expansion efforts and strategic R&D spending aim to boost production capacity, innovation, and competitive edge, strengthening future earnings and market position.Seeking Alpha • Sep 09
Powell Industries: Long-Term Bullish View Still Intact With An Even Better Valuation
Summary POWL's top line grew 49.8% YoY in Q3 2024, reaching a record $288.2 million, due to strong performance in industrial, oil & gas, and petrochemical markets. Healthy demand environment and strong backlog should drive growth in the quarters ahead. Margin prospects look good as well, with expected volume growth and benefits from continued focus on operational improvements. The stock valuation has improved notably since my last article, and considering favorable growth prospects, the stock is a strong buy for the long term. Read the full article on Seeking AlphaEarnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 9/30/2028 | 1,651 | 291 | 298 | 335 | 4 |
| 9/30/2027 | 1,426 | 244 | 138 | 207 | 4 |
| 9/30/2026 | 1,197 | 199 | 143 | 160 | 5 |
| 3/31/2026 | 1,132 | 187 | 193 | 203 | N/A |
| 12/31/2025 | 1,114 | 187 | 162 | 175 | N/A |
| 9/30/2025 | 1,104 | 181 | 155 | 168 | N/A |
| 6/30/2025 | 1,081 | 175 | 81 | 101 | N/A |
| 3/31/2025 | 1,083 | 173 | 51 | 67 | N/A |
| 12/31/2024 | 1,060 | 161 | 49 | 62 | N/A |
| 9/30/2024 | 1,012 | 150 | 96 | 109 | N/A |
| 6/30/2024 | 946 | 130 | 184 | 192 | N/A |
| 3/31/2024 | 850 | 102 | 221 | 228 | N/A |
| 12/31/2023 | 766 | 77 | 260 | 267 | N/A |
| 9/30/2023 | 699 | 55 | 175 | 183 | N/A |
| 6/30/2023 | 653 | 37 | 125 | 130 | N/A |
| 3/31/2023 | 596 | 27 | 60 | 65 | N/A |
| 12/31/2022 | 553 | 18 | 19 | 24 | N/A |
| 9/30/2022 | 533 | 14 | -6 | -4 | N/A |
| 6/30/2022 | 499 | 8 | -21 | -19 | N/A |
| 3/31/2022 | 480 | -3 | -28 | -25 | N/A |
| 12/31/2021 | 471 | -2 | -36 | -33 | N/A |
| 9/30/2021 | 471 | 1 | -33 | -30 | N/A |
| 6/30/2021 | 456 | 0 | -24 | -21 | N/A |
| 3/31/2021 | 458 | 6 | 44 | 47 | N/A |
| 12/31/2020 | 491 | 14 | 41 | 45 | N/A |
| 9/30/2020 | 518 | 17 | 67 | 72 | N/A |
| 6/30/2020 | 552 | 20 | 83 | 88 | N/A |
| 3/31/2020 | 570 | 22 | 44 | 50 | N/A |
| 12/31/2019 | 542 | 15 | N/A | 62 | N/A |
| 9/30/2019 | 517 | 10 | N/A | 69 | N/A |
| 6/30/2019 | 504 | 5 | N/A | 31 | N/A |
| 3/31/2019 | 490 | 0 | N/A | 8 | N/A |
| 12/31/2018 | 468 | -4 | N/A | -5 | N/A |
| 9/30/2018 | 449 | -7 | N/A | -29 | N/A |
| 6/30/2018 | 409 | -14 | N/A | -16 | N/A |
| 3/31/2018 | 373 | -17 | N/A | 7 | N/A |
| 12/31/2017 | 376 | -15 | N/A | 19 | N/A |
| 9/30/2017 | 396 | -9 | N/A | 37 | N/A |
| 6/30/2017 | 431 | 1 | N/A | 40 | N/A |
| 3/31/2017 | 478 | 9 | N/A | 69 | N/A |
| 12/31/2016 | 526 | 16 | N/A | 54 | N/A |
| 9/30/2016 | 565 | 16 | N/A | 75 | N/A |
| 6/30/2016 | 598 | 16 | N/A | 56 | N/A |
| 3/31/2016 | 641 | 18 | N/A | 42 | N/A |
| 12/31/2015 | 659 | 9 | N/A | 60 | N/A |
| 9/30/2015 | 662 | 9 | N/A | 13 | N/A |
| 6/30/2015 | 662 | 6 | N/A | 42 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: POWL's forecast earnings growth (14.3% per year) is above the savings rate (3.5%).
Earnings vs Market: POWL's earnings (14.3% per year) are forecast to grow slower than the US market (16.8% per year).
High Growth Earnings: POWL's earnings are forecast to grow, but not significantly.
Revenue vs Market: POWL's revenue (12.6% per year) is forecast to grow faster than the US market (11.7% per year).
High Growth Revenue: POWL's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: POWL's Return on Equity is forecast to be high in 3 years time (27.2%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/18 04:50 |
| End of Day Share Price | 2026/05/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Powell Industries, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manish Somaiya | Cantor Fitzgerald & Co. |
| Jonathan Tanwanteng | CJS Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |