SPX Technologies (NYSE:SPXC) Releases FY 2026 Earnings Guidance

SPX Technologies (NYSE:SPXC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 7.750-8.150 for the period, compared to the consensus estimate of 7.870. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

Wall Street Analysts Forecast Growth

Several research firms have commented on SPXC. Truist Financial increased their price objective on shares of SPX Technologies from $244.00 to $251.00 and gave the company a “buy” rating in a report on Monday, April 20th. B. Riley Financial reissued a “buy” rating on shares of SPX Technologies in a report on Friday. Oppenheimer increased their price objective on shares of SPX Technologies from $240.00 to $272.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Wall Street Zen upgraded shares of SPX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, BMO Capital Markets initiated coverage on shares of SPX Technologies in a research report on Friday, March 27th. They set an “outperform” rating and a $243.00 target price on the stock. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $247.22.

SPX Technologies Price Performance

Shares of NYSE SPXC traded down $11.20 during mid-day trading on Friday, hitting $207.71. 1,384,172 shares of the company’s stock traded hands, compared to its average volume of 472,744. The company’s 50-day moving average is $212.45 and its two-hundred day moving average is $211.55. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.48 and a quick ratio of 1.82. The company has a market capitalization of $10.42 billion, a P/E ratio of 41.46, a PEG ratio of 1.68 and a beta of 1.31. SPX Technologies has a 1 year low of $142.11 and a 1 year high of $246.68.

SPX Technologies (NYSE:SPXC) last announced its earnings results on Thursday, April 30th. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.14. The firm had revenue of $566.80 million for the quarter, compared to analysts’ expectations of $557.62 million. SPX Technologies had a net margin of 10.76% and a return on equity of 17.65%. The business’s revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 EPS. SPX Technologies has set its FY 2026 guidance at 7.750-8.150 EPS. On average, equities analysts anticipate that SPX Technologies will post 7.79 EPS for the current fiscal year.

More SPX Technologies News

Here are the key news stories impacting SPX Technologies this week:

• Positive Sentiment: Q1 results beat expectations: SPX reported $1.69 EPS vs. $1.55 consensus and revenue of $566.8M (up 17.4% y/y), showing solid margin and top‑line growth. This underpins the bullish analyst activity. SPX Reports First Quarter 2026 Results
• Positive Sentiment: Wells Fargo raised its price target to $240 and moved SPXC to an “Overweight” rating, signaling institutional confidence that there’s meaningful upside from current levels. Benzinga
• Positive Sentiment: Truist also hiked its price target (to $251), adding to the positive analyst momentum following the quarter. Truist Raises Price Target
• Neutral Sentiment: Management hosted an earnings call and published transcripts/recaps; the call highlights growth drivers and updated expectations — useful for investors wanting more color but not introducing new headline surprises. Earnings Call Highlights
• Negative Sentiment: FY‑2026 guidance was set to an EPS range of 7.75–8.15, which sits around or slightly below some street estimates (consensus ~7.87); that tempered the reaction for some investors and may explain profit‑taking after the beat. Earnings / Guidance Details

Institutional Trading of SPX Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new stake in SPX Technologies in the 3rd quarter worth about $74,000. Danske Bank A S purchased a new stake in SPX Technologies in the 3rd quarter worth about $75,000. Johnson Financial Group Inc. purchased a new stake in SPX Technologies in the 3rd quarter worth about $76,000. Kemnay Advisory Services Inc. purchased a new stake in SPX Technologies in the 4th quarter worth about $81,000. Finally, Empowered Funds LLC purchased a new stake in SPX Technologies in the 4th quarter worth about $83,000. 92.82% of the stock is owned by hedge funds and other institutional investors.

SPX Technologies Company Profile

SPX Technologies (NYSE:SPXC) is a diversified global supplier of highly engineered products and solutions serving industrial, municipal, energy and utility markets. The company designs, manufactures and supports a broad range of equipment that helps customers monitor, control and manage critical processes in water distribution, power generation, HVAC, refrigeration and industrial applications.

The company’s Detection & Measurement Technologies segment offers leak detection systems, pipe and asset assessment tools, fluid flow measurement devices, gas detection equipment and related services.