Resideo Technologies (NYSE:REZI – Get Free Report) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.420-0.480 for the period, compared to the consensus estimate of 0.440. The company issued revenue guidance of $710.0 million-$730.0 million, compared to the consensus revenue estimate of $729.3 million. Resideo Technologies also updated its FY 2026 guidance to 1.920-1.980 EPS.
Resideo Technologies Stock Up 9.6%
Shares of REZI opened at $21.31 on Wednesday. The firm has a market cap of $3.24 billion, a P/E ratio of 9.43 and a beta of 1.58. The stock has a 50 day simple moving average of $18.41 and a two-hundred day simple moving average of $29.34. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.22 and a quick ratio of 1.41. Resideo Technologies has a 1 year low of $15.90 and a 1 year high of $42.95.
Resideo Technologies (NYSE:REZI – Get Free Report) last released its earnings results on Tuesday, November 10th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.40 by $0.12. Resideo Technologies had a net margin of 5.37% and a return on equity of 17.79%. The company had revenue of $727.00 million for the quarter, compared to analyst estimates of $712.64 million. During the same quarter last year, the firm earned $0.89 EPS. The firm’s quarterly revenue was down 61.0% compared to the same quarter last year. On average, analysts forecast that Resideo Technologies will post 2.16 earnings per share for the current fiscal year.
Analysts Set New Price Targets
REZI has been the topic of several recent research reports. Weiss Ratings downgraded Resideo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Evercore assumed coverage on Resideo Technologies in a research note on Monday, September 28th. They set an “outperform” rating and a $30.00 price objective for the company. Citigroup initiated coverage on Resideo Technologies in a report on Monday, October 19th. They issued a “market outperform” rating on the stock. Oppenheimer reissued an “outperform” rating on shares of Resideo Technologies in a research note on Thursday, August 13th. Finally, Zacks Research raised Resideo Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Resideo Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.75.
Get Our Latest Research Report on REZI
Insider Activity
In other Resideo Technologies news, SVP Amit Mehta purchased 10,928 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average cost of $20.68 per share, with a total value of $225,991.04. Following the purchase, the senior vice president owned 57,362 shares of the company’s stock, valued at approximately $1,186,246.16. The trade was a 23.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Thomas Surran purchased 15,000 shares of the stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $20.46 per share, with a total value of $306,900.00. Following the acquisition, the chief executive officer owned 338,573 shares of the company’s stock, valued at approximately $6,927,203.58. This represents a 4.64% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 41,245 shares of company stock worth $848,115 over the last 90 days. Corporate insiders own 1.60% of the company’s stock.
Key Stories Impacting Resideo Technologies
Here are the key news stories impacting Resideo Technologies this week:
- Positive Sentiment: Third-quarter revenue was $727 million, up 3% year over year; excluding OEM Security, revenue grew 6%. Adjusted diluted EPS of $0.52 beat the $0.40 consensus, while adjusted EBITDA rose 5% and gross margin expanded for a 14th consecutive quarter. Resideo Q3 results and outlook
- Positive Sentiment: Resideo said it repaid $1.1 billion of gross debt during the quarter, leaving gross debt at $2.1 billion—progress that may ease balance-sheet concerns. Resideo Q3 results and outlook
- Positive Sentiment: The launch of Pro-IQ Predict, an AI-enabled HVAC tool intended to identify problems before system failures, offers potential product momentum, though its financial contribution is not yet clear. Pro-IQ Predict launch
- Negative Sentiment: Management’s cautious outlook weighed on the earnings reaction. Resideo forecasts 2026 revenue of $2.927 billion to $2.947 billion, and coverage highlights continued OEM Security weakness as a drag on growth. Resideo posts better-than-expected sales but weak guidance Q3 2026 deep dive
- Negative Sentiment: Despite adjusted EPS growth, GAAP diluted EPS fell 71% year over year to $0.14, and net income from continuing operations declined 66% to $31 million, underscoring the gap between adjusted and reported results. Resideo Q3 results and outlook
About Resideo Technologies
Resideo Technologies is a provider of products and services for home comfort, safety, security and energy management. Its offerings include thermostats and other heating and cooling controls, indoor air quality products, water leak detection devices, fire and carbon monoxide alarms, and security systems. Products are sold under brands that include Honeywell Home and First Alert. The company also operates ADI Global Distribution, a distributor of security, audio-visual, communications and smart-home products.
Read More
- Five stocks we like better than Resideo Technologies
- Alphabet Escalates AI Chip Rivalry With NVIDIA
- Amazon’s Rally Is Outpacing Big Tech, But Can AWS Justify the AI Spending?
- 3 Stocks Wall Street Likes More Than the Market Does
- Anthropic’s Trillion-Dollar IPO Could Give Cloud Giants a Double Win
Receive News & Ratings for Resideo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resideo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
