Resideo Technologies (NYSE:REZI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.000-3.200 for the period, compared to the consensus estimate of 2.840. The company issued revenue guidance of $7.8 billion-$7.9 billion, compared to the consensus revenue estimate of $7.8 billion. Resideo Technologies also updated its Q2 2026 guidance to 0.710-0.750 EPS.
Analyst Upgrades and Downgrades
Several analysts recently commented on REZI shares. Seaport Research Partners started coverage on shares of Resideo Technologies in a research report on Wednesday. They set a “buy” rating and a $55.00 price objective on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Resideo Technologies in a research note on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $49.00.
Check Out Our Latest Analysis on REZI
Resideo Technologies Stock Performance
Resideo Technologies (NYSE:REZI – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.04. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.63 EPS. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. As a group, equities research analysts predict that Resideo Technologies will post 2.63 EPS for the current year.
Institutional Trading of Resideo Technologies
A number of institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC grew its position in Resideo Technologies by 283.8% during the 3rd quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after purchasing an additional 420 shares in the last quarter. McMillan Office Inc. acquired a new position in Resideo Technologies during the fourth quarter worth $33,000. Headlands Technologies LLC bought a new position in shares of Resideo Technologies in the 2nd quarter valued at approximately $34,000. Kestra Advisory Services LLC acquired a new stake in shares of Resideo Technologies in the fourth quarter worth $34,000. Finally, Los Angeles Capital Management LLC acquired a new position in Resideo Technologies during the 4th quarter worth $39,000. 91.71% of the stock is owned by institutional investors and hedge funds.
About Resideo Technologies
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.
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