Oppenheimer Raises SPX Technologies Price Target to $197.00

Thursday, Jul 10, 2025 12:22 am ET1min read

Oppenheimer analyst Bryan Blair maintains an "Outperform" rating for SPX Technologies (SPXC) and raises the price target from $170.00 to $197.00, a 15.88% increase. The average target price for SPXC is $179.67, with a high estimate of $197.00 and a low estimate of $160.00, indicating an upside of 4.53% from the current price. The consensus recommendation from 7 brokerage firms is 1.4, indicating a "Buy" status.

Oppenheimer analyst Bryan Blair has maintained an "Outperform" rating for SPX Technologies, Inc. (SPXC) and increased the price target from $170.00 to $197.00, representing a 15.88% increase. This upward revision indicates a significant bullish outlook on the company's stock. The average target price for SPXC is $179.67, with a high estimate of $197.00 and a low estimate of $160.00, suggesting an upside of 4.53% from the current price.

The consensus recommendation from seven brokerage firms is 1.4, which indicates a "Buy" status. This positive sentiment reflects the analyst community's confidence in SPX Technologies' future performance. The company's recent earnings report, released on May 1, 2025, showed an EPS of $1.38, beating the consensus estimate of $1.16 by $0.22. Revenue for the quarter was $482.60 million, compared to analyst estimates of $481.32 million, indicating strong financial performance.

SPX Technologies operates in the industrial machinery and equipment sector, focusing on heating, ventilation, and air conditioning (HVAC) and detection and measurement markets. The company's recent acquisition of Sigma & Omega has further bolstered its market position. Oppenheimer's positive outlook is supported by the company's robust financials, strong earnings growth, and the potential for continued outperformance in the HVAC and M&A sectors.

References:
[1] https://www.marketscreener.com/quote/stock/SPX-TECHNOLOGIES-INC-14462/
[2] https://www.marketbeat.com/instant-alerts/spx-technologies-nysespxc-stock-price-expected-to-rise-oppenheimer-analyst-says-2025-07-08/

Oppenheimer Raises SPX Technologies Price Target to $197.00

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