Resideo Technologies (NYSE:REZI) Issues Q2 2026 Earnings Guidance

Resideo Technologies (NYSE:REZI) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.710-0.750 for the period, compared to the consensus EPS estimate of 0.810. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $2.0 billion. Resideo Technologies also updated its FY 2026 guidance to 3.000-3.200 EPS.

Resideo Technologies Price Performance

Shares of Resideo Technologies stock opened at $31.10 on Wednesday. The business’s fifty day moving average price is $33.31 and its 200 day moving average price is $35.00. Resideo Technologies has a twelve month low of $21.81 and a twelve month high of $45.29. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $4.71 billion, a P/E ratio of -8.10 and a beta of 1.64.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the business 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, research analysts anticipate that Resideo Technologies will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

REZI has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Oppenheimer reissued an “outperform” rating on shares of Resideo Technologies in a research report on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $49.00.

Hedge Funds Weigh In On Resideo Technologies

Several institutional investors and hedge funds have recently made changes to their positions in REZI. Corient Private Wealth LLC increased its stake in shares of Resideo Technologies by 85.8% in the fourth quarter. Corient Private Wealth LLC now owns 32,802 shares of the company’s stock worth $1,144,000 after buying an additional 15,149 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Resideo Technologies by 35.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,559 shares of the company’s stock valued at $265,000 after acquiring an additional 1,975 shares in the last quarter. Vident Advisory LLC boosted its stake in Resideo Technologies by 17.3% during the 4th quarter. Vident Advisory LLC now owns 7,228 shares of the company’s stock valued at $254,000 after acquiring an additional 1,068 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Resideo Technologies during the 4th quarter valued at $526,000. Finally, Empowered Funds LLC acquired a new position in Resideo Technologies during the 4th quarter worth $152,000. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

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.