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

Resideo Technologies (NYSE:REZIGet Free Report) 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 earnings per share 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 Stock Up 3.0%

REZI stock opened at $31.10 on Wednesday. Resideo Technologies has a one year low of $21.81 and a one year high of $45.29. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.19 and a current ratio of 2.07. The firm has a market cap of $4.71 billion, a PE ratio of -8.10 and a beta of 1.64. The firm’s 50 day moving average price is $33.31 and its 200-day moving average price is $35.00.

Resideo Technologies (NYSE:REZIGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. Resideo Technologies had a negative net margin of 6.71% and a positive return on equity of 16.70%. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. Resideo Technologies’s revenue for the quarter was up 8.0% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Resideo Technologies will post 2.63 EPS for the current year.

Analyst Ratings Changes

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

Read Our Latest Stock Report on Resideo Technologies

Institutional Trading of Resideo Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake in shares of Resideo Technologies by 10.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,126 shares of the company’s stock valued at $111,000 after acquiring an additional 306 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Resideo Technologies in the fourth quarter worth approximately $152,000. Advisory Services Network LLC purchased a new stake in Resideo Technologies in the third quarter valued at approximately $105,000. Wexford Capital LP purchased a new stake in Resideo Technologies in the third quarter valued at approximately $53,000. Finally, New Vernon Capital Holdings II LLC acquired a new position in Resideo Technologies during the third quarter worth approximately $105,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

About Resideo Technologies

(Get Free Report)

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.

Recommended Stories

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.