SPX Technologies (SPXC) Expected to Announce Earnings on Thursday

SPX Technologies (NYSE:SPXC) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to post earnings of $1.85 per share and revenue of $640.1760 million for the quarter. SPX Technologies has set its FY 2026 guidance at 7.750-8.150 EPS. Parties can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:45 PM ET.

SPX Technologies (NYSE:SPXC) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.14. The business 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 16.98%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same period last year, the business earned $1.38 EPS. On average, analysts expect SPX Technologies to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

SPX Technologies Trading Down 6.5%

NYSE:SPXC opened at $204.90 on Wednesday. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 40.10, a PEG ratio of 1.61 and a beta of 1.27. SPX Technologies has a 52 week low of $177.63 and a 52 week high of $251.08. The company has a quick ratio of 1.39, a current ratio of 2.11 and a debt-to-equity ratio of 0.28. The firm has a 50 day moving average of $224.85 and a 200 day moving average of $217.77.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SPXC. Oppenheimer reaffirmed an “outperform” rating and set a $280.00 price target (up from $272.00) on shares of SPX Technologies in a research report on Monday, July 20th. Wolfe Research reiterated an “outperform” rating and issued a $266.00 price target on shares of SPX Technologies in a research note on Thursday, July 9th. Wall Street Zen lowered SPX Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Truist Financial upped their price objective on shares of SPX Technologies from $261.00 to $295.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Wells Fargo & Company lifted their target price on shares of SPX Technologies from $225.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $255.30.

Institutional Investors Weigh In On SPX Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. Lido Advisors LLC boosted its position in SPX Technologies by 1.6% in the fourth quarter. Lido Advisors LLC now owns 3,104 shares of the company’s stock valued at $586,000 after buying an additional 50 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in SPX Technologies by 7.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 941 shares of the company’s stock valued at $188,000 after acquiring an additional 62 shares during the period. Private Advisor Group LLC boosted its holdings in shares of SPX Technologies by 1.2% in the 3rd quarter. Private Advisor Group LLC now owns 7,200 shares of the company’s stock valued at $1,345,000 after acquiring an additional 84 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of SPX Technologies by 1.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 6,007 shares of the company’s stock worth $1,202,000 after acquiring an additional 86 shares during the period. Finally, Captrust Financial Advisors raised its holdings in shares of SPX Technologies by 0.9% during the third quarter. Captrust Financial Advisors now owns 11,859 shares of the company’s stock worth $2,215,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 92.82% of the company’s stock.

About SPX Technologies

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.