PSIX
Power Solutions International, Inc.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NegativePSIX faced a sharp operational and stock price deterioration in H1 2026, with Q2 net sales declining 21% YoY despite sequential recovery, while the company navigated CEO turnover, mounting securities fraud litigation, and an analyst downgrade from hold to sell. Management installed a new permanent CEO with data-center expertise and secured a $220M credit facility, but these actions came against a backdrop of gross margin compression, profitability collapse in Q1, and stock decline from $106.50 to $25.28 in just five months.
Red flags
- •Q1 2026 net income collapsed 62% YoY with gross margin shrinking to 22.9%; analyst downgrade to sell
- •Q2 2026 net sales declined 21% YoY despite sequential recovery, driven by data-center timing and oil & gas softness
- •CEO resignation in May 2026 and interim CEO transition; new permanent CEO hired August 2026 indicating leadership instability
- •Securities fraud class action lawsuit filed covering May 2025–March 2026 period; October 2026 investigation announced by Bronstein, Gewirtz & Grossman alleging misrepresentation of ramp-up costs and inflated growth projections
- •Stock price collapsed 76% from 52-week high ($106.50 in Feb 2026 to $25.28 in July 2026)
Fund 13D/13G Filings (2)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).