SPXC Stock - SPX Technologies, Inc.
Unlock GoAI Insights for SPXC
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.98B | $1.74B | $1.46B | $1.22B | $1.13B |
| Gross Profit | $799.40M | $670.00M | $523.90M | $431.80M | $395.50M |
| Gross Margin | 40.3% | 38.5% | 35.9% | 35.4% | 35.1% |
| Operating Income | $308.30M | $221.90M | $51.00M | $73.70M | $96.90M |
| Net Income | $200.50M | $89.90M | $200,000 | $425.40M | $99.00M |
| Net Margin | 10.1% | 5.2% | 0.0% | 34.9% | 8.8% |
| EPS | $4.37 | $1.97 | $0.01 | $9.39 | $2.18 |
SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers and comfort heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 10th 2025 | TD Cowen | Initiation | Hold | $225 |
| October 20th 2025 | Truist | Initiation | Hold | $209 |
| October 14th 2025 | Wells Fargo | Initiation | Overweight | $205 |
| October 8th 2025 | BofA Securities | Initiation | Neutral | $202 |
| June 2nd 2025 | UBS | Upgrade | Buy | $182 |
| May 15th 2025 | B. Riley Securities | Initiation | Buy | $195 |
| February 26th 2025 | Sidoti | Upgrade | Buy | - |
| February 26th 2025 | Oppenheimer | Upgrade | Outperform | $165 |
| December 6th 2024 | Sidoti | Downgrade | Neutral | $175← $187 |
| November 25th 2024 | Wolfe Research | Initiation | Outperform | $199 |
| July 18th 2024 | Oppenheimer | Downgrade | Perform | - |
| July 5th 2023 | UBS | Downgrade | Neutral | $90← $80 |
| April 17th 2023 | William Blair | Resumed | Outperform | $80 |
Earnings History & Surprises
SPXCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 24, 2026 | $1.86 | — | — | — |
Q4 2025 | Oct 30, 2025 | $1.60 | $1.84 | +15.0% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $1.45 | $1.65 | +13.8% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $1.16 | $1.38 | +19.0% | ✓ BEAT |
Q1 2025 | Feb 25, 2025 | $1.50 | $1.51 | +0.7% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $1.36 | $1.39 | +2.2% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $1.26 | $1.42 | +12.7% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $1.04 | $1.25 | +20.2% | ✓ BEAT |
Q1 2024 | Feb 22, 2024 | $1.25 | $1.25 | 0.0% | = MET |
Q4 2023 | Nov 2, 2023 | $0.95 | $1.06 | +11.6% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.83 | $1.06 | +27.7% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.60 | $0.93 | +55.0% | ✓ BEAT |
Q1 2023 | Feb 23, 2023 | $0.98 | $1.17 | +19.4% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $0.66 | $0.81 | +22.7% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $0.61 | $0.71 | +16.4% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.34 | $0.40 | +17.6% | ✓ BEAT |
Q1 2022 | Feb 23, 2022 | $0.84 | $0.88 | +4.8% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.42 | $0.41 | -2.4% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $0.41 | $0.49 | +19.5% | ✓ BEAT |
Latest News
SPX Technologies shares are trading higher after Truist Securities maintained a Hold rating on the stock and raised its price target from $215 to $216.
➖ NeutralTruist Securities Maintains Hold on SPX Technologies, Raises Price Target to $216
➖ NeutralShares of machinery companies are trading higher after the Fed cut rates by 25 basis points.
📈 PositiveB. Riley Securities Reiterates Buy on SPX Technologies, Raises Price Target to $244
📈 PositiveShares of companies in the broader machinery sector are trading higher. Stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveTD Cowen Initiates Coverage On SPX Technologies with Hold Rating, Announces Price Target of $225
➖ NeutralSPX Technologies shares are trading higher after the company raised its FY2025 adj. EPS guidance above estimates and affirmed sales guidance.
📈 PositiveB. Riley Securities Reiterates Buy on SPX Technologies, Raises Price Target to $225
📈 PositiveSPX Technologies Raises FY2025 Adj EPS Guidance from $6.35-$6.65 to $6.65-$6.80 vs $6.50 Est; Affirms FY2025 Sales Guidance of $2.225B-$2.275B vs $2.247B Est
📈 PositiveSPX Techs Q3 Adj. EPS $1.84 Beats $1.62 Estimate, Sales $592.800M Beat $576.893M Estimate
📈 PositiveTruist Securities Initiates Coverage On SPX Technologies with Hold Rating, Announces Price Target of $209
➖ NeutralB of A Securities Initiates Coverage On SPX Technologies with Neutral Rating, Announces Price Target of $202
➖ NeutralFrequently Asked Questions about SPXC
What is SPXC's current stock price?
What is the analyst price target for SPXC?
What sector is SPX Technologies, Inc. in?
What is SPXC's market cap?
Does SPXC pay dividends?
Similar Stocks
Industrials SectorExplore stocks similar to SPXC for comparison