Resideo Technologies (NYSE:REZI) Sets New 52-Week Low - Should You Sell?

Key Points

• Resideo shares hit a new 52-week low of $23.31, despite the stock later trading near $25.74. The decline reflects investor concerns about the company’s outlook and mixed analyst sentiment.
• Second-quarter results were mixed: revenue reached a record $1.98 billion, adjusted EPS of $0.83 beat estimates, and adjusted EBITDA rose 19%; however, GAAP EPS missed expectations, operating profit fell 26%, and full-year sales guidance reportedly disappointed analysts.
• The completion of the ADI separation could improve Resideo’s strategic focus, but it adds transition risk alongside a new CFO appointment. Analysts remain divided, with an overall “Hold” rating and an average price target of $41 versus the recent share price.

Resideo Technologies, Inc. (NYSE:REZI - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $23.31 and last traded at $25.74, with a volume of 3570307 shares. The stock had previously closed at $24.24.

Resideo Technologies News Roundup

Here are the key news stories impacting Resideo Technologies this week:

• Positive Sentiment: Resideo reported record second-quarter revenue of $1.98 billion, up 2% year over year and above the high end of its outlook. Products & Solutions revenue increased 4%, while ADI Global Distribution rose 1%. Resideo Announces Record Second Quarter 2026 Financial Results
• Positive Sentiment: Adjusted EPS was $0.83, beating the $0.47 consensus estimate, while adjusted EBITDA reached a record $249 million, up 19% year over year. Gross margin also improved to a record 30.0%. Resideo Technologies Q2 Earnings Snapshot
• Positive Sentiment: The company completed the separation of ADI on August 3, giving Resideo a standalone structure that could improve strategic focus and make its underlying performance easier for investors to evaluate. Resideo standalone outlook announcement
• Neutral Sentiment: Resideo appointed Shane Harrison as chief financial officer, effective September 1, 2026. The leadership change may support the company’s post-separation strategy, although it introduces a new executive during a major transition. Resideo Appoints Shane Harrison as Chief Financial Officer
• Negative Sentiment: GAAP diluted EPS was $0.51, below the $0.69 estimate, and operating profit declined 26% year over year to $131 million. The conflicting adjusted-versus-GAAP results may limit enthusiasm despite the adjusted earnings beat. Resideo Q2 2026 earnings details
• Negative Sentiment: Full-year sales guidance reportedly fell significantly short of analyst expectations, and initial standalone guidance creates additional uncertainty about growth after the ADI separation. Resideo full-year guidance report

Wall Street Analyst Weigh In

REZI has been the subject of a number of research analyst reports. Seaport Research Partners started coverage on Resideo Technologies in a report on Wednesday, July 1st. They issued a "buy" rating and a $55.00 price target for the company. JPMorgan Chase & Co. assumed coverage on shares of Resideo Technologies in a report on Friday, August 7th. They issued a "neutral" rating and a $30.00 price objective for the company. Morgan Stanley lowered their target price on shares of Resideo Technologies from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Monday, July 13th. Weiss Ratings reissued a "sell (d+)" rating on shares of Resideo Technologies in a report on Friday, July 17th. Finally, Zacks Research downgraded shares of Resideo Technologies from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 9th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $41.00.

Resideo Technologies Trading Up 6.2%

The firm has a market cap of $3.90 billion, a P/E ratio of -6.70 and a beta of 1.63. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.19 and a current ratio of 2.07. The firm has a fifty day moving average of $31.80 and a 200-day moving average of $34.13.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.36. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.94 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The firm's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.66 EPS. Equities research analysts forecast that Resideo Technologies, Inc. will post 2.55 earnings per share for the current year.

Institutional Investors Weigh In On Resideo Technologies

Large investors have recently made changes to their positions in the company. Danske Bank A S increased its position in Resideo Technologies by 600.0% in the 4th quarter. Danske Bank A S now owns 700 shares of the company's stock valued at $25,000 after acquiring an additional 600 shares during the period. Larson Financial Group LLC increased its holdings in shares of Resideo Technologies by 283.8% during the third quarter. Larson Financial Group LLC now owns 568 shares of the company's stock valued at $25,000 after purchasing an additional 420 shares during the period. Allworth Financial LP bought a new stake in shares of Resideo Technologies during the second quarter valued at about $28,000. McMillan Office Inc. bought a new stake in shares of Resideo Technologies during the fourth quarter valued at about $33,000. Finally, Kestra Advisory Services LLC acquired a new stake in Resideo Technologies in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 91.71% of the company's stock.

Resideo Technologies Company Profile

Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.

The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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