Analysts expect SPX Technologies to report Q2 2026 revenue of approximately $640.34 million and earnings per share of $1.85, while the current stock price of $219.29 trails the average analyst target of $272.25.
The primary focus for investors is the company’s ability to scale capacity to meet surging data center cooling demand, which has significantly boosted its HVAC segment backlog. Management recently increased the full-year data center revenue outlook to $350 million, reflecting a robust pipeline and organic growth tailwinds.
Additionally, the market is monitoring the integration of recent acquisitions and the resilience of margins in the Detection & Measurement segment amid potential inflationary and tariff headwinds.