SPX Technologies, Inc. SPXC
- Market cap
- $8.6B
- P/E
- 30.7×
Follow SPXC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.62 | 21.97 | 25.22 | 26.21 | 25.50 | 51.63 | 41.66 | 61.09 | 95.00 | 115.00 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 25.95 | 32.71 | 39.28 | 52.17 | 56.90 | 68.24 | 75.25 | 104.16 | 183.83 | 233.71 |
High Price
|
|||
| 5,000 | 5,000 | 4,000 | 4,500 | 4,500 | 3,100 | 3,300 | 4,100 | 4,300 | 4,700 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 1,472 | 1,426 | 1,513 | 1,124 | 1,128 | 1,220 | 1,461 | 1,741 | 1,984 | 2,265 |
Revenue
|
|||
| 25.52% | 23.16% | 27.11% | 35.78% | 35.06% | 35.41% | 35.86% | 38.48% | 40.29% | 40.51% |
Gross Margin
|
|||
| 39 | 36 | 85 | 89 | 79 | 70 | 27 | 186 | 255 | 314 |
EBT
|
|||
| 2.68% | 2.53% | 5.59% | 7.90% | 6.97% | 5.73% | 1.86% | 10.70% | 12.87% | 13.87% |
EBT Margin
|
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| (68) | 89 | 81 | 65 | 99 | 425 | 20 | 90 | 201 | 244 |
Net Income
|
|||
| 57 | 25 | 28 | 24 | 33 | 72 | 60 | 63 | 92 | 148 |
Depreciation
|
|||
| 35.38 | 33.62 | 35.13 | 25.57 | 25.28 | 26.93 | 32.22 | 38.23 | 42.95 | 47.36 |
Revenue/Sh
|
|||
| (2.05) | 2.11 | 1.89 | 1.61 | 2.18 | 9.39 | 0.00 | 1.97 | 4.34 | 5.10 |
Earnings/Sh
|
|||
| (0.03) | 1.11 | 2.57 | 3.38 | 2.83 | 3.86 | (3.02) | 4.58 | 6.19 | 6.97 |
Cash Flow/Sh
|
|||
| (0.28) | (0.26) | (0.17) | (0.31) | (0.34) | (0.21) | (0.35) | (0.52) | (0.74) | (1.93) |
Capex/Sh
|
|||
| (0.31) | 0.85 | 2.40 | 3.07 | 2.49 | 3.64 | (3.37) | 4.05 | 5.45 | 5.04 |
Free CF/Sh
|
|||
| 4.60 | 7.42 | 9.64 | 11.43 | 14.34 | 24.35 | 23.80 | 26.23 | 29.97 | 46.78 |
Book Value/Sh
|
|||
| 42 | 42 | 43 | 44 | 45 | 45 | 45 | 46 | 46 | 48 |
Shares
|
|||
| 0.00 | 15.33 | 14.90 | 31.60 | 25.02 | 6.36 | 6,650.00 | 50.33 | 33.53 | 39.38 |
PE Ratio
|
|||
| 0.69 | 0.96 | 0.80 | 1.99 | 2.16 | 2.22 | 2.06 | 2.59 | 3.39 | 4.22 |
PS Ratio
|
|||
| 5.28 | 4.34 | 2.91 | 4.45 | 3.80 | 2.45 | 2.79 | 3.78 | 4.85 | 4.28 |
PB Ratio
|
|||
| 0.86 | 1.12 | 1.00 | 2.29 | 2.47 | 2.10 | 2.13 | 2.86 | 3.62 | 4.29 |
EV/Sales
|
|||
| (98.31) | 44.52 | 14.72 | 19.06 | 25.07 | 15.52 | (20.40) | 26.95 | 28.54 | 40.24 |
EV/FCF
|
|||
| (1) | 47 | 111 | 149 | 126 | 175 | (137) | 209 | 286 | 333 |
Op' Cash Flow
|
|||
| (12) | (11) | (7) | (13) | (15) | (10) | (16) | (24) | (34) | (92) |
Capex
|
|||
| (13) | 36 | 103 | 135 | 111 | 165 | (153) | 185 | 252 | 241 |
FCF
|
|||
| 51 | 172 | 128 | 24 | 103 | 464 | 387 | 308 | 366 | 683 |
Working Cap'
|
|||
| 356 | 357 | 382 | 394 | 412 | 246 | 247 | 558 | 615 | 502 |
Total Debt
|
|||
| 257 | 233 | 313 | 339 | 348 | (142) | 99 | 459 | 458 | 138 |
Net Debt
|
|||
| 192 | 315 | 415 | 502 | 640 | 1,103 | 1,079 | 1,195 | 1,384 | 2,238 |
Sh' Equity
|
|||
| (4.17%) | 4.52% | 3.96% | 3.38% | 4.43% | 17.15% | 0.01% | 4.11% | 7.78% | 7.72% |
ROA
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| 9.76% | 6.84% | 9.66% | 8.47% | 6.13% | 4.79% | 2.71% | 8.39% | 10.46% | 9.22% |
ROIC
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| (34.13%) | 35.28% | 22.26% | 15.46% | 17.33% | 48.81% | 0.02% | 7.91% | 15.55% | 13.47% |
ROE
|
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SPX Technologies, Inc. peers in Building Products & Equipment
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| OC Owens Corning Inc | $9.5B | 0.0× | Compare |
| WMS Advanced Drainage Systems, Inc. | $9.7B | 22.8× | Compare |
| AAON AAON, Inc. | $7.0B | 45.7× | Compare |
| AWI Armstrong World Industries, Inc. | $6.9B | 22.3× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BLDR Builders FirstSource, Inc. | $6.3B | 64.3× | Compare |
| CSL Carlisle Companies Incorporated | $12.5B | 18.6× | Compare |
| LII Lennox International, Inc. | $12.7B | 16.8× | Compare |
| MAS Masco Corporation | $13.3B | 15.8× | Compare |
SPX Technologies, Inc. (SPXC) key facts
- SPX Technologies, Inc. (SPXC) is a Building Products & Equipment company in the Industrials sector, listed on the New York Stock Exchange.
- SPX Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 14.2% from fiscal 2024.
- As of September 25, 2026, SPXC traded at $172.79, a market capitalization of $8.6 billion.
- Return on equity was 13.5% and debt-to-equity 0.26.
SPX Technologies, Inc. (SPXC) Latest News
23 Sep
Nvidia sparked a selloff in SPX Technologies as investors question whether warm-water cooling could displace SPX’s air-cooled towers in data centers. SPX, with HVAC and Detection & Measurement segments, has benefited from data-center demand and expanding margins. TD Cowen said SPX’s towers complement, not replace, liquid cooling. Yet Nvidia’s point revived concern over the long-term cooling mix, and Q4 2025 results showed margin pressure and softer organic revenue, though headline figures beat and management raised 2026 guidance. Q2 showed 23% revenue growth; adjusted EPS guidance was lifted to $8.20–$8.60, and data-center capacity expectations rose to $1.1B from $750M. Five-year operating income nearly tripled; EPS has grown every year since 2021. The stock sits near 52-week lows despite upside targets, leaving a debate over whether the cooling technology narrative will sustain SPX’s growth. Represents a plausible, significant risk that cooling dynamics could alter SPX's growth trajectory and market multiple.
SPX Technologies (SPXC) fell 13.1% over the past four weeks and sits in oversold territory with an RSI of 29.83, signaling a potential reversal. The move comes as sell-side earnings estimates for the current year have risen about 0.4% in the last 30 days, a pattern that often precedes price gains. SPXC also carries a Zacks Rank #2 (Buy), suggesting a more favorable near-term outlook despite the recent decline. Note that RSI is only a technical guide and should not drive decisions alone; fundamentals and earnings revisions remain the key drivers of sustained performance. Near-term upside is possible due to rising earnings estimates and Buy rating despite oversold signals.
21 Sep
StockStory designates SPX Technologies (SPXC) as the one stock to buy this week, while GD and Albertsons (ACI) are flagged as sells. SPXC has a rolling one-year beta of 0.75 and traces its origins to the Piston Ring Company, supplying HVAC-related infrastructure equipment and detection/measurement solutions across industrial and utility markets. The piece cites steady operating-profit growth and cost leverage over five years, with highly profitable incremental sales in the last two years and a 11.4 percentage-point widening of free cash-flow margin. At about $181.82 per share, SPXC trades around 19.6x forward earnings. The write-up argues SPXC offers low volatility with potential for continued earnings resilience and cash generation, implying a favorable setup relative to peers, and it shows other market picks and AI-driven opportunities. Positive buy-side framing and favorable fundamentals could modestly lift sentiment and near-term demand for SPXC.
20 Sep
SPX Technologies, Inc. will acquire FIS Water for about $410 million, expanding its water-management capabilities. The deal adds FIS Water’s treatment and recycling technologies to SPX’s cooling and thermal-management portfolio, with the aim of improving efficiency and reliability of industrial cooling systems. The acquisition signals a strategic push into water resources management to capitalize on demand for sustainable cooling across energy, manufacturing and HVAC markets. Integration could unlock revenue synergies and margin upside over time, though execution risks and integration costs remain. Expansion into water-management solutions could meaningfully impact SPX's long-term margins and growth through new offerings and cross-selling.
15 Sep
SPX Technologies, Inc. acquires FIS Water. Acquisition expands SPX Technologies operations and market position through direct strategic purchase.
27 Aug
SPX Technologies earnings optimism draws renewed focus to its valuation. Earnings optimism may moderately shift investor sentiment and near-term stock valuation for SPXC.
15 Aug
SPX Technologies posted strong Q2 earnings with solid results across its gas and liquid handling businesses, outperforming sector peers. Positive Q2 earnings reflect operational strength likely to support near-term stock performance and sentiment.
3 Aug
SPX Technologies (SPXC) exhibits strong growth characteristics backed by three factors that support its potential as a solid growth stock. Positive growth assessment may lift near-term investor sentiment and valuation without altering core operations or long-term trajectory.
1 Aug
SPX Technologies stock rose sharply on Friday after the company announced a major acquisition that expands its HVAC and detection businesses into new markets. Acquisition materially broadens SPXC's addressable market and is expected to lift revenue and earnings growth rates.
SPX Technologies reported earnings and raised 2026 guidance, prompting analysis on whether the stock is undervalued. Higher 2026 guidance signals stronger future growth outlook that can lift investor sentiment and stock trajectory.
SPX Technologies (SPXC) shares soar today on positive developments. Sharp stock gains reflect major favorable events likely to boost future performance and sentiment.
31 Jul
SPX Technologies' Q2 earnings call highlighted expansion in data center markets alongside active pursuit of mergers and acquisitions. Data center growth and M&A focus signal major strategic initiatives that can materially shift revenue trajectory and investor outlook.
SPX Technologies Inc reported strong growth in Q2 2026 earnings and raised guidance. Strong growth and raised guidance point to improved financial outlook with significant effects on stock performance.
SPX Technologies held a Q2 earnings call covering financial results and operational updates. Q2 earnings call updates affect financial performance visibility and near-term market sentiment without altering long-term trajectory.
30 Jul
SPX Technologies reported second quarter 2026 results. Quarterly earnings releases typically move stock prices and reshape near-term forecasts.
SPX Technologies (SPXC) posted Q2 earnings and revenues above analyst estimates. Quarterly earnings beat supports short-term positive sentiment but does not change long-term fundamentals.
SPX Technologies (SPXC) Q2 earnings include key metrics on revenue, adjusted EBITDA, segment performance and order trends. Q2 earnings metrics directly inform views on SPX Technologies financial trajectory and investor sentiment.
SPX Technologies reported strong Q2 CY2026 results, causing its stock to rise sharply. Strong quarterly results can lift near-term sentiment and valuation but rarely shift long-term trajectory alone.
29 Jul
SPX Technologies (SPXC) is preparing to report Q2 earnings, with analyst focus on revenue, EPS, and performance in HVAC and detection segments. Q2 earnings release can shift near-term stock price and sentiment depending on results versus forecasts.
28 Jul
SPX Technologies will report Q2 earnings with analysis of potential effects on its stock performance. Q2 earnings release may moderately shift investor views on SPX Technologies financial results and near-term stock movement.
24 Jul
SPX Technologies acquires Canadian HVAC company, expanding its operations and market reach in heating, ventilation and air conditioning sector. Acquisition adds HVAC assets and geographic exposure that can lift revenue and competitive position over medium term.
23 Jul
SPX Technologies, Inc. acquires Neptronic. Acquisition of Neptronic is a major strategic move likely to significantly impact SPX Technologies' future performance.
3 Jul
SPXC reports 38% backlog increase, with analysis focused on whether this supports sustained HVAC segment revenue growth through 2028. 38% backlog rise points to stronger near-term HVAC orders but leaves longer-term sustainability uncertain.
2 Jul
SPX Technologies plans leadership change with implications for strategy and performance. Leadership transition may shift strategy and affect investor views on SPX Technologies.
29 Jun
SPX Technologies has three factors driving explosive upside potential in stock performance and growth trajectory. Bullish factors outlined indicate major shifts in company trajectory and investor sentiment.
17 Jun
SPX Technologies strengthens position in data center cooling amid rising HVAC backlog. Strategic shift toward data center cooling opens major growth avenues for SPXC.
4 Jun
SPX Technologies (SPXC) is positioned as attractive to growth investors due to three specific factors supporting its outlook and performance. Positive framing of SPXC growth attributes can moderately lift near-term investor sentiment and trading activity.
25 May
SPX Technologies (SPXC) shows rising profitability and free cash flow margins with positive implications for shareholders. Improving margins strengthen SPXC financial performance and investor sentiment without signaling transformative shifts.
15 May
Growth investors should buy SPX Technologies (SPXC) now due to strong earnings growth, robust sales momentum, favorable Zacks Rank, and positive industry trends. Buy recommendation highlights solid growth metrics and industry tailwinds expected to moderately boost investor sentiment and performance.
12 May
Analysts raised the price target for SPX Technologies (SPXC) following strong Q1 results. Analysts raising SPXC's price target after positive Q1 results signals strong investor sentiment and potential stock trajectory shift.