SPX Technologies, Inc. SPXC

The Motley Fool 11 nov

The AI sector has experienced a recent market dip, but five infrastructure companies show strong fundamentals and improving earnings momentum. GE Vernova, Vertiv, ON Semiconductor, Comfort Systems USA, and SPX Technologies all benefit from accelerating AI data center demand, with expanding backlogs and raised guidance despite stock price declines over the past three months.

Zacks Investment Research 29 oct

SPX Technologies reported Q3 2026 earnings of $2.21 per share, beating consensus estimates of $2.10, with revenues of $714.5 million exceeding expectations by 1.69%. However, the stock has declined 17.4% year-to-date compared to the S&P 500's 13.1% gain. The company received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.

Zacks Investment Research 29 oct

SPX Technologies reported Q3 2026 revenue of $714.5 million, up 20.5% year-over-year, beating consensus estimates by 1.69%. EPS of $2.21 exceeded expectations by 5.24%. The HVAC segment showed strong growth at +35.5% YoY, though Detection & Measurement declined 7.7%. HVAC segment income missed estimates while Detection & Measurement exceeded them. The stock has a Zacks Rank #3 (Hold) rating.

Zacks Investment Research 28 oct

The U.S. Air Conditioner & Heating industry is positioned for growth in 2026, driven by surging data center construction, electrification trends, and smart HVAC adoption. However, residential HVAC demand remains weak due to sluggish housing construction and consumer spending constraints. Rising tariffs, raw material costs, and manufacturing expansion expenses are pressuring margins across the industry.

Zacks Investment Research 26 oct

SPX Technologies (SPXC) has been upgraded to a Zacks Rank #2 (Buy) rating due to rising earnings estimate revisions over the past three months, with a 6.3% increase in consensus estimates. The upgrade positions the stock in the top 20% of Zacks-covered stocks and suggests potential near-term price appreciation based on improved earnings outlook.