Resideo Technologies (NYSE:REZI) Updates FY 2026 Earnings Guidance

Resideo Technologies (NYSE:REZI) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.000-3.200 for the period, compared to the consensus EPS estimate of 2.840. The company issued revenue guidance of $7.8 billion-$7.9 billion, compared to the consensus revenue estimate of $7.8 billion. Resideo Technologies also updated its Q2 2026 guidance to 0.710-0.750 EPS.

Resideo Technologies Stock Down 1.5%

Resideo Technologies stock opened at $30.65 on Friday. The company’s 50-day moving average price is $32.94 and its two-hundred day moving average price is $34.92. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 1.30. The stock has a market cap of $4.64 billion, a P/E ratio of -7.98 and a beta of 1.64. Resideo Technologies has a twelve month low of $22.93 and a twelve month high of $45.29.

Resideo Technologies (NYSE:REZI) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. The company had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 earnings per share. 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, analysts expect that Resideo Technologies will post 2.63 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on REZI shares. Seaport Research Partners began coverage on Resideo Technologies in a research report on Wednesday. They set a “buy” rating and a $55.00 price objective on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Finally, Oppenheimer restated an “outperform” rating on shares of Resideo Technologies in a research note on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $49.00.

Hedge Funds Weigh In On Resideo Technologies

Institutional investors have recently modified their holdings of the business. Shelton Capital Management bought a new position in Resideo Technologies in the third quarter valued at about $232,000. FORA Capital LLC bought a new position in shares of Resideo Technologies in the third quarter worth about $217,000. Empowered Funds LLC bought a new position in shares of Resideo Technologies in the fourth quarter worth about $152,000. Smartleaf Asset Management LLC boosted its stake in shares of Resideo Technologies by 10.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,126 shares of the company’s stock valued at $111,000 after purchasing an additional 306 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Resideo Technologies in the 3rd quarter valued at approximately $65,000. Institutional investors and hedge funds own 91.71% of the company’s stock.

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.