A number of research firms have changed their ratings and price targets for SPX Technologies (NYSE: SPXC):
- 11/11/2026 – SPX Technologies had its price target lowered by JPMorgan Chase & Co. from $225.00 to $190.00. They now have an “overweight” rating on the stock.
- 11/8/2026 – SPX Technologies was downgraded by Wall Street Zen from “buy” to “hold”.
- 11/3/2026 – SPX Technologies was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 11/2/2026 – SPX Technologies had its price target lowered by Oppenheimer from $265.00 to $260.00. They now have an “outperform” rating on the stock.
- 11/2/2026 – SPX Technologies had its “buy” rating reaffirmed by Truist Financial. They now have a $233.00 price target on the stock, down from $266.00.
- 10/31/2026 – SPX Technologies was upgraded by Wall Street Zen from “hold” to “buy”.
- 10/30/2026 – SPX Technologies had its “buy” rating reaffirmed by Citigroup.
- 10/26/2026 – SPX Technologies had its price target lowered by B. Riley Financial from $285.00 to $250.00. They now have a “buy” rating on the stock.
- 10/21/2026 – SPX Technologies had its price target lowered by Oppenheimer from $270.00 to $265.00. They now have an “outperform” rating on the stock.
- 10/13/2026 – SPX Technologies had its price target lowered by Wells Fargo & Company from $250.00 to $243.00. They now have an “overweight” rating on the stock.
- 10/10/2026 – SPX Technologies was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/9/2026 – SPX Technologies had its price target lowered by JPMorgan Chase & Co. from $282.00 to $225.00. They now have an “overweight” rating on the stock.
- 10/5/2026 – SPX Technologies is now covered by Robert W. Baird. They set an “outperform” rating and a $220.00 price target on the stock.
- 10/5/2026 – SPX Technologies had its price target lowered by Truist Financial from $301.00 to $266.00. They now have a “buy” rating on the stock.
- 10/5/2026 – SPX Technologies was upgraded by Robert W. Baird to “strong-buy”.
- 10/2/2026 – SPX Technologies had its price target lowered by Oppenheimer from $280.00 to $270.00. They now have an “outperform” rating on the stock.
- 10/2/2026 – SPX Technologies was downgraded by Zacks Research from “strong-buy” to “hold”.
- 9/28/2026 – SPX Technologies is now covered by Vertical Research. They set a “buy” rating and a $215.00 price target on the stock.
- 9/21/2026 – SPX Technologies was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 9/15/2026 – SPX Technologies is now covered by Wolfe Research. They set an “outperform” rating and a $250.00 price target on the stock.
SPX Technologies Price Performance
SPXC traded up $3.59 on Wednesday, hitting $153.71. 499,838 shares of the company were exchanged, compared to its average volume of 584,659. SPX Technologies, Inc. has a fifty-two week low of $137.86 and a fifty-two week high of $251.08. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.17 and a current ratio of 1.84. The firm has a market capitalization of $7.70 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.00 and a beta of 1.26. The business’s fifty day moving average is $170.73 and its 200 day moving average is $204.99.
SPX Technologies (NYSE:SPXC – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.12 by $0.09. SPX Technologies had a return on equity of 16.96% and a net margin of 11.48%. The business had revenue of $714.50 million for the quarter, compared to analyst estimates of $710.38 million. During the same quarter in the previous year, the company earned $1.84 EPS. The company’s quarterly revenue was up 20.5% on a year-over-year basis. As a group, sell-side analysts anticipate that SPX Technologies, Inc. will post 8.39 EPS for the current year.
Insider Buying and Selling
In other news, Director Brian A. Deck bought 1,000 shares of the firm’s stock in a transaction on Friday, November 6th. The shares were bought at an average cost of $140.75 per share, for a total transaction of $140,750.00. Following the completion of the transaction, the director owned 4,742 shares in the company, valued at $667,436.50. This trade represents a 26.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.88% of the company’s stock.
SPX Technologies, Inc. is a global supplier of engineered products and technologies, serving customers in markets that include commercial and residential buildings, infrastructure, and industrial applications. The company operates through its HVAC and Detection and Measurement businesses. Its HVAC products include cooling towers, boilers, heating equipment, ventilation and air treatment systems, and related components. Its Detection and Measurement business provides technologies used to locate and inspect underground utilities, as well as communication and measurement products for specialized applications.
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