The mean of analysts' price targets for SPX Technologies (SPXC) points to a 27.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Arrowstreet Capital Limited Partnership bought a new stake in shares of SPX Technologies, Inc. (NYSE: SPXC) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,829 shares of the company's stock, valued at approximately $1,365,000. Several other institutional investors and hedge funds have also
SPX is benefiting from booming demand for artificial intelligence (AI)-driven data center temperature management solutions. Management raised its full-year sales and profit forecast.
SPX Technologies NYSE: SPXC reported second-quarter 2026 results marked by double-digit revenue, adjusted EBITDA and adjusted earnings-per-share growth, as demand for its data center cooling products and stronger Detection & Measurement project activity supported performance.
SPX Technologies Inc. (NYSE:SPXC) shares are advancing Friday after the industrial technology company shattered second-quarter expectations and followed up with a full-year guidance revision that pushed both its earnings and revenue outlooks well past what analysts had been modeling.