SPX/$SPXC

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1D1W1MYTD1Y5YMAX

About SPX

SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others.

Ticker

$SPXC

Primary listing

NYSE

Employees

4,300

SPX Metrics

BasicAdvanced
$9.2B
41.82
$4.47
1.32
-

What the Analysts think about SPX

Analyst ratings (Buy, Hold, Sell) for SPX stock.

Bulls say / Bears say

SPX posted Q2 revenue of $552.4 million, beating estimates by 10.2%, and adjusted EPS of $1.65, up 16.2%, surpassing LSEG consensus and leading to a raised full-year outlook.
Detection & Measurement segment revenue climbed 21.3% year-over-year, driven by the KTS acquisition and higher project volumes in communications and transportation systems.
Full-year adjusted EPS guidance was lifted to $6.35–$6.65, which suggests approximately 16% year-over-year growth at the midpoint, reflecting management’s confidence in continued demand.
Inorganic growth accounted for most of Q2 expansion—4.9% in HVAC and 14.9% in Detection & Measurement—showing reliance on acquisitions instead of underlying demand.
The stock trades at around 27x forward earnings, up from 20x three months ago, pointing to a stretched valuation that could cap gains if growth slows.
The median 12-month price target of $195 offers only about 7% potential upside from current levels, signaling limited near-term return prospects.
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.

SPX Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

SPX Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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