SPX Technologies (SPXC) Set to Announce Quarterly Earnings on Thursday

Key Points

• SPX Technologies is expected to report Q3 2026 results after market close on October 29. Analysts forecast EPS of $2.13 and revenue of $710.38 million, compared with the company’s full-year EPS guidance of $8.20–$8.60.
• In the previous quarter, SPX Technologies beat expectations with EPS of $2.02 versus $1.85 expected and revenue of $679 million; revenue increased 22.9% year over year.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and a $247 price target, although several firms recently lowered their targets. Shares opened at $168, near the lower end of their 52-week range.

SPX Technologies (NYSE:SPXC - Get Free Report) is projected to issue its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect SPX Technologies to announce earnings of $2.13 per share and revenue of $710.38 million for the quarter. SPX Technologies has set its FY 2026 guidance at 8.200-8.600 EPS. Interested persons can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:45 PM ET.

SPX Technologies (NYSE:SPXC - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.17. The firm had revenue of $679.00 million for the quarter, compared to analyst estimates of $640.18 million. SPX Technologies had a return on equity of 16.53% and a net margin of 11.27%. The company's revenue was up 22.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.65 earnings per share. On average, analysts expect SPX Technologies to post $8.48 EPS for the current fiscal year and $9.70 EPS for the next fiscal year.

SPX Technologies Stock Performance

Shares of SPXC stock opened at $168.00 on Thursday. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 1.06 and a beta of 1.24. SPX Technologies has a 52 week low of $161.61 and a 52 week high of $251.08. The company has a quick ratio of 1.21, a current ratio of 1.82 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average of $185.17 and a 200-day moving average of $206.87.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SPXC. Truist Financial cut their target price on shares of SPX Technologies from $301.00 to $266.00 and set a "buy" rating on the stock in a research note on Monday, October 5th. Wells Fargo & Company reduced their price target on shares of SPX Technologies from $250.00 to $243.00 and set an "overweight" rating for the company in a report on Tuesday, October 13th. Oppenheimer decreased their price target on shares of SPX Technologies from $270.00 to $265.00 and set an "outperform" rating for the company in a research note on Wednesday. Zacks Research lowered shares of SPX Technologies from a "strong-buy" rating to a "hold" rating in a report on Friday, October 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of SPX Technologies from $282.00 to $225.00 and set an "overweight" rating on the stock in a report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, SPX Technologies has an average rating of "Moderate Buy" and a consensus price target of $247.00.

About SPX Technologies

SPX Technologies, Inc NYSE: SPXC is a diversified industrial technology company that develops and manufactures engineered products and solutions for the heating, ventilation, air conditioning and infrastructure markets. The company serves commercial, industrial and residential customers through specialized technologies designed to support building climate control, utility infrastructure and related applications.

SPX Technologies operates through two primary business segments: HVAC and Detection & Measurement.

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.