AlphAIAlphAI — Financial news for AI agents
investing.com$REZI

Citizens raises Resideo stock price target on strong Q3 results

Citizens raised its price target on Resideo Technologies (NYSE:REZI) to $29 from $22, citing strong Q3 2026 results. Revenue was $727M, up 3% YoY, with adjusted EBITDA at $154M. The stock rose 18% on Wednesday. Resideo's P/E ratio is 9.01, considered low compared to peers. The company's market cap is $3.5B. Adjusted earnings beat estimates at $0.52 per share.

Original reporting
investing.com
Published Nov 12, 2026, 9:26 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 12, 2026, 9:48 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefEarnings
Primary signal
$REZI
Bullish
high confidence
Mentioned
$REZI
Relevance
7/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$REZIBullishMed
01

Why it matters

The earnings beat and target raise provide a fresh catalyst for the stock, supporting a potential short‑term rally.

02

Market read

The news directly impacts REZI's share price and may influence peer valuations in the smart‑home sector.

03

What to watch

The recent spinoff of ADI Global Distribution may affect future revenue visibility.

Relevance 7/10Novelty 7/10Timing: post‑earnings today

Background

Resideo Technologies (REZI) reported Q3 2026 revenue of $727 million, up 3% YoY, and adjusted EBITDA of $154 million, beating expectations. Citizens raised its price target from $22 to $29 and kept an Outperform rating.

Company-level read

Ticker impact

$REZIBullishHigh confidence
Context

Citizens raised its price target on Resideo to $29 after the company reported strong Q3 2026 earnings and an 18% stock jump.

Expected impact

modest upward pressure as investors price in the higher target and earnings beat

Evidence & confidence

The earnings beat and target raise are fresh facts; the stock already rallied 18% on the news, indicating continued buying interest.

Market effects

Sector

Strong performance may lift the broader home‑automation and smart‑building sector.

Regional

U.S. investors may rotate into mid‑cap tech names after the earnings beat.

Global

Limited to U.S. markets; no immediate global ripple.

Counterpoint

What could challenge this read

After‑hours weakness could signal that the rally is over‑bought and a pullback may follow.

Key entities

  • company
    Resideo Technologies

    Smart‑home and security solutions provider reporting Q3 earnings.

  • analyst
    Citizens

    Research firm that raised REZI's price target.

Read at source← All news

StoryResideo posts Q3 2026 revenue of $727 M, beats earnings and issues FY guidance

Also covered by

5 outlets

Related articles

$REZIMed

Resideo Technologies Inc (REZI) (Q3 2026) Earnings Call Highlights: Core Sales Grow 6%

Resideo Technologies reported Q3 2026 core sales growth of 6%, with OEM security revenue declining $17M YoY. Q4 guidance expects flat to low single-digit growth, pressured by inflation and foreign exchange. CEO highlighted solid performance in core business, gaining market share. CFO discussed operating leverage and mid-single-digit revenue growth through 2030. New products are performing well, with Matter standard support for smart home compatibility.

finance.yahoo.com
$REZIHighAI 8/10

Resideo stock trades up, here is why

Resideo Technologies (REZI) shares rose 15.4% after reporting Q3 revenue of $727M, beating estimates, and adjusted EPS of 52 cents. The company repaid $1.1B in debt and projected FY2026 revenue of $2.93B-$2.95B. Shares closed at $22.08, up 13.5%.

tradingview.com
$REZIHighAI 8/10

Resideo (REZI) Q3 2026 Earnings Call Transcript

Resideo (REZI) reported Q3 2026 revenue of $727M, up 3% YoY, with core channel revenue growing 6% excluding non-OEM security. Gross margin expanded to 40.4%, and adjusted EBITDA rose 5% to $154M. Retail and electrical distribution grew 15%, while OEM security revenue declined 34% to $33M. The company guided Q4 revenue to $710M-$730M and full-year EBITDA to $614M-$624M, citing inflationary pressures and macroeconomic sensitivities.

fool.com
$REZIHighAI 8/10

What Resideo Technologies (REZI) Said on Its Q3 Earnings Call

Resideo Technologies (REZI) reported Q3 earnings with input costs rising $13M YoY, partly offset by $3M in price increases. Adjusted EBITDA rose 5% to $154M, and adjusted net income was $80M ($0.52 per share). The company repaid $1.1B in debt and raised its full-year outlook, expecting Q4 revenue of $710M-$730M and full-year revenue of $2.927B-$2.947B. Resideo plans product investments and facility exits to improve efficiency.

finance.yahoo.com
$REZIHighAI 8/10

Resideo Q3’26 slides: core growth accelerates despite stock decline

Resideo Technologies reported Q3 2026 revenue of $727M (+3% YoY) and adjusted EPS of $0.52, beating estimates. Core business grew 6% YoY, while OEM Security declined 34% strategically. Gross margin expanded to 40.4%, and debt was reduced by $1.1B. The company guided FY2026 revenue to $2.927B-$2.947B and adjusted EBITDA to $614M-$624M. Shares fell 4.73% after-hours despite strong results.

investing.com