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$SPXC
SPX Technologies, Inc.
SPX Technologies supplies engineered infrastructure products for HVAC and detection and measurement markets. Its HVAC segment engineers, designs, manufactures, installs and services cooling, air movement and handling, hydronic and electrical heating, and ventilation products for industrial, institutional, commercial and residential customers. Products are sold through direct customer sales, independent manufacturing representatives, third-party distributors and retailers under brands including Marley, Weil-McLain, Patterson-Kelley and Thermolec. Its Detection and Measurement segment provides underground pipe and cable locators, inspection and rehabilitation equipment, robotic and transportation systems, communication technologies, and aids to navigation. These products and services support utilities, telecommunication providers and regulators, defense agencies, municipalities and transit authorities, and are sold directly and through third-party distributors. SPX Technologies operates in 16 countries and has approximately 4,700 employees. The company is headquartered in Charlotte, North Carolina.
Oppenheimer maintained its Outperform rating on SPX Technologies but reduced its price target to $260 from $265. The new target suggests a 62.6% upside from the Oct 30 close of $159.95. Recent analyst price targets for the company range from $225 to $265.
Truist Securities lowered its price target on SPX Technologies (NYSE:SPXC) to $233 from $266, citing HVAC margin pressure. The company reported Q3 adjusted EPS of $2.21, beating estimates, with revenue up 20.5%. It raised 2026 revenue guidance to $2.775B but lowered EPS and EBITDA guidance due to inflation and capacity costs. The stock has fallen 23% over six months, trading at $159.95.
SPXC reported Q3 revenue of $714.5M, beating estimates, with 20.5% YoY growth. Adjusted EPS was $2.21, a 5.6% beat. Adjusted EBITDA was $198.8M, a 17.6% beat. The company raised revenue guidance to $2.78B but lowered EPS guidance to $8.35. HVAC segment growth was driven by data center demand, while margin headwinds persisted due to scaling inefficiencies.
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SPXC sentiment & insider activity
Over the past 7 days, AlphAI's AI scored 16 news stories mentioning SPXC (SPX Technologies, Inc.). Coverage has skewed bullish: 6 bullish, 6 neutral, and 4 bearish.
Recent SPXC coverage spans earnings and financial news.
What's driving SPXC
A modest price-target trim with an unchanged Outperform rating likely keeps the stock supported, but signals slightly less upside conviction.
Analysts' average price target for SPX Technologies, Inc. stock decreased from $251 to $241.14, with a range of $215 to $310. The new target suggests a 44% upside based on the October 29 closing price. The consensus rating remains 'Buy' among 16 analysts.
AlphAI scores every news story that mentions SPXC with an AI model for sentiment and relevance, and aggregates insider trades from SPX Technologies, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Oppenheimer maintained its Outperform rating on SPX Technologies but reduced its price target to $260 from $265. The new target suggests a 62.6% upside from the Oct 30 close of $159.95. Recent analyst price targets for the company range from $225 to $265.
Truist Securities lowered its price target on SPX Technologies (NYSE:SPXC) to $233 from $266, citing HVAC margin pressure. The company reported Q3 adjusted EPS of $2.21, beating estimates, with revenue up 20.5%. It raised 2026 revenue guidance to $2.775B but lowered EPS and EBITDA guidance due to inflation and capacity costs. The stock has fallen 23% over six months, trading at $159.95.
SPXC reported Q3 revenue of $714.5M, beating estimates, with 20.5% YoY growth. Adjusted EPS was $2.21, a 5.6% beat. Adjusted EBITDA was $198.8M, a 17.6% beat. The company raised revenue guidance to $2.78B but lowered EPS guidance to $8.35. HVAC segment growth was driven by data center demand, while margin headwinds persisted due to scaling inefficiencies.
Analysts' average price target for SPX Technologies, Inc. stock decreased from $251 to $241.14, with a range of $215 to $310. The new target suggests a 44% upside based on the October 29 closing price. The consensus rating remains 'Buy' among 16 analysts.
B.Riley reiterated a Buy rating and $250 price target on SPX Technologies (NYSE:SPXC) after its Q3 results. Revenue grew 20.5% YoY to $714.5M, beating estimates, while adjusted EBITDA rose 21.7% to $165.7M. Gross margin declined slightly. The HVAC segment saw strong revenue growth but margin pressure. The company revised fiscal 2026 guidance, raising revenue but lowering EBITDA and EPS midpoints. The stock trades near its 52-week low.
SPX Technologies reported Q3 2026 earnings with revenue of $714.5M, beating estimates, and adjusted EPS of $2.21. EBITDA grew 22%, but HVAC margins declined due to expansion costs. The company completed the FIS Water acquisition and raised full-year revenue guidance to $2.745B-$2.805B. Shares rose 1.25% to $167.26.
SPX Technologies, Inc. (SPXC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 SPX Reports Third Quarter 2026 Results Continued Strong Growth CHARLOTTE, N.C., October 29, 2026 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the third quarter ended September 26, 2026. Third
Conestoga Capital Advisors' Q3 2026 investor letter notes SPX Technologies (SPXC) faced volatility despite strong fundamentals. The company, which supplies HVAC and detection tech, saw a 17.42% YTD decline, closing at $165.20 with an $8.27B market cap. Conestoga highlights SPXC's 17% organic growth in Q2 and raised guidance, though AI sentiment impacted its performance.
Wells Fargo maintained an 'Overweight' rating on SPX Technologies (SPXC) but lowered its price target from $250 to $243. GuruFocus values SPXC at $196.34, suggesting a 14.6% undervaluation. The company has a GF Score of 94/100, indicating strong performance. SPXC operates in the HVAC and Detection & Measurement segments, with a market cap of $8.39B.
SPX Technologies (NYSE:SPXC) will release its Q3 2026 financial results on October 29, 2026, after market close. A conference call with CEO Gene Lowe and CFO Mark Carano will follow. The company is a global supplier of engineered products, listed on the NYSE.