SPX Technologies (SPXC) to Post Earnings on Thursday

SPX Technologies (NYSE:SPXC) will likely be issuing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect SPX Technologies to announce earnings of $1.85 per share and revenue of $640.3420 million for the quarter. SPX Technologies has set its FY 2026 guidance at 7.750-8.150 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:45 PM ET.

SPX Technologies (NYSE:SPXC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.69 earnings per share for the quarter, topping 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 business’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the prior year, the company posted $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 Stock Performance

Shares of SPXC opened at $218.88 on Thursday. The company has a quick ratio of 1.39, a current ratio of 2.11 and a debt-to-equity ratio of 0.28. SPX Technologies has a 52-week low of $173.33 and a 52-week high of $251.08. The company has a 50-day simple moving average of $223.58 and a 200-day simple moving average of $217.50. The company has a market capitalization of $10.96 billion, a PE ratio of 42.83, a P/E/G ratio of 1.59 and a beta of 1.27.

Institutional Investors Weigh In On SPX Technologies

A number of large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its holdings in SPX Technologies by 62.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 425 shares of the company’s stock valued at $71,000 after acquiring an additional 164 shares in the last quarter. Advisory Services Network LLC acquired a new position in SPX Technologies during the third quarter worth about $74,000. Danske Bank A S purchased a new stake in shares of SPX Technologies in the third quarter valued at about $75,000. Johnson Financial Group Inc. purchased a new stake in shares of SPX Technologies in the third quarter valued at about $76,000. Finally, NewEdge Advisors LLC grew its position in shares of SPX Technologies by 21.8% in the first quarter. NewEdge Advisors LLC now owns 625 shares of the company’s stock valued at $80,000 after purchasing an additional 112 shares during the last quarter. 92.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SPXC. Truist Financial upped their target price on shares of SPX Technologies from $261.00 to $295.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Oppenheimer reiterated 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. BMO Capital Markets started coverage on SPX Technologies in a research note on Friday, March 27th. They set an “outperform” rating and a $243.00 price target on the stock. Wall Street Zen cut SPX Technologies from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Wells Fargo & Company upped their price target on SPX Technologies from $225.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $255.30.

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.