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

Resideo Technologies (NYSE:REZI) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.000-3.200 for the period, compared to the consensus earnings per share estimate of 2.880. 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Oppenheimer reissued an “outperform” rating on shares of Resideo Technologies in a research report on Friday, March 13th. Finally, Morgan Stanley raised their price objective on shares of Resideo Technologies from $42.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Resideo Technologies has an average rating of “Hold” and a consensus target price of $39.67.

Resideo Technologies Stock Down 17.8%

REZI opened at $30.14 on Thursday. Resideo Technologies has a fifty-two week low of $19.65 and a fifty-two week high of $45.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.91 and a quick ratio of 1.14. The firm’s fifty day moving average price is $36.76 and its two-hundred day moving average price is $36.08. The company has a market capitalization of $4.56 billion, a P/E ratio of -7.85 and a beta of 1.75.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, topping 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 16.98%. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the company earned $0.63 earnings per share. The business’s revenue 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, analysts anticipate that Resideo Technologies will post 2.81 EPS for the current year.

Institutional Investors Weigh In On Resideo Technologies

A number of institutional investors have recently bought and sold shares of REZI. Royal Bank of Canada boosted its stake in Resideo Technologies by 50.0% during the first quarter. Royal Bank of Canada now owns 49,395 shares of the company’s stock worth $873,000 after buying an additional 16,467 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Resideo Technologies by 58.9% in the 1st quarter. AQR Capital Management LLC now owns 122,734 shares of the company’s stock valued at $2,172,000 after purchasing an additional 45,517 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Resideo Technologies by 7.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 126,161 shares of the company’s stock valued at $2,233,000 after purchasing an additional 9,106 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Resideo Technologies by 1,123.6% in the 1st quarter. Millennium Management LLC now owns 263,821 shares of the company’s stock valued at $4,670,000 after purchasing an additional 242,260 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Resideo Technologies by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 439,149 shares of the company’s stock valued at $7,773,000 after purchasing an additional 26,254 shares in the last quarter. 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.