EQTEC Rebrands as Forgent to Reflect Broader Energy Transition Focus

The latest update is out from EQTEC plc ( (GB:EQT) ).

Forgent plc, previously known as EQTEC plc, has formally changed its corporate name following shareholder approval at its recent extraordinary general meeting. The company will continue to use the EQTEC brand specifically for its gasification technology and operational activities, preserving the value of its established market reputation in that segment.

The name change reflects a strategic broadening of the group’s portfolio beyond its historic focus, aligning the corporate identity with a wider energy transition proposition. Trading in the company’s shares on AIM under the new ticker FORG will commence on 26 February 2026, with no impact on shareholders’ existing holdings or on key securities identifiers, while its investor relations website is set to be rebranded in due course.

The most recent analyst rating on (GB:EQT) stock is a Sell with a £0.06 price target. To see the full list of analyst forecasts on EQTEC plc stock, see the GB:EQT Stock Forecast page.

Spark’s Take on GB:EQT Stock

According to Spark, TipRanks’ AI Analyst, GB:EQT is a Neutral.

The score is primarily held down by weak financial performance (ongoing losses, leverage, and negative cash flow). Technicals add further pressure due to a persistent downtrend, while valuation provides limited support given the negative P/E and lack of dividend data.

To see Spark’s full report on GB:EQT stock, click here.

More about EQTEC plc

Forgent plc, formerly EQTEC plc, is a technology-led energy transition company focused on gasification technology and related operations. The business operates in the clean energy sector, where its EQTEC brand is recognised for advanced gasification solutions and holds established market recognition among industry participants.

Average Trading Volume: 125,424,405

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.46M

See more data about EQT stock on TipRanks’ Stock Analysis page.