Resideo Technologies (NYSE:REZI) Updates Q2 2026 Earnings Guidance

Resideo Technologies (NYSE:REZI) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.710-0.750 for the period, compared to the consensus earnings per share estimate of 0.820. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $2.0 billion. Resideo Technologies also updated its FY 2026 guidance to 3.000-3.200 EPS.

Analysts Set New Price Targets

A number of research firms have issued reports on REZI. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a research note on Friday, March 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Finally, Morgan Stanley lifted their price target on shares of Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $39.67.

Resideo Technologies Trading Down 1.9%

NYSE:REZI opened at $36.77 on Wednesday. Resideo Technologies has a 12 month low of $19.65 and a 12 month high of $45.29. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of -9.12 and a beta of 1.75. The company has a quick ratio of 1.14, a current ratio of 1.91 and a debt-to-equity ratio of 1.30. The company’s 50 day moving average is $36.92 and its 200-day moving average is $36.18.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. Resideo Technologies had a negative net margin of 7.27% and a positive return on equity of 15.15%. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm posted $0.63 earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. Equities analysts anticipate that Resideo Technologies will post 2.81 EPS for the current year.

Hedge Funds Weigh In On Resideo Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Permian Investment Partners LP increased its position in Resideo Technologies by 156.2% during the fourth quarter. Permian Investment Partners LP now owns 2,474,500 shares of the company’s stock worth $86,904,000 after acquiring an additional 1,508,564 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Resideo Technologies by 1.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,998,417 shares of the company’s stock worth $70,184,000 after acquiring an additional 32,260 shares during the period. Franklin Resources Inc. increased its position in Resideo Technologies by 1,325.0% during the third quarter. Franklin Resources Inc. now owns 1,888,665 shares of the company’s stock worth $81,553,000 after acquiring an additional 1,756,131 shares during the period. Bank of America Corp DE increased its position in Resideo Technologies by 6.1% during the second quarter. Bank of America Corp DE now owns 1,274,088 shares of the company’s stock worth $28,106,000 after acquiring an additional 73,438 shares during the period. Finally, Goldentree Asset Management LP bought a new position in Resideo Technologies during the fourth quarter worth $44,650,000. Institutional investors own 91.71% of the company’s stock.

Resideo Technologies Company Profile

Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.

The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.