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

Resideo Technologies (NYSE:REZI) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share 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 Up 3.0%

NYSE:REZI opened at $31.10 on Wednesday. Resideo Technologies has a 1-year low of $21.81 and a 1-year high of $45.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.07 and a quick ratio of 1.19. The firm’s 50-day moving average price is $33.31 and its 200-day moving average price is $35.00. The company has a market capitalization of $4.71 billion, a PE ratio of -8.10 and a beta of 1.64.

Resideo Technologies (NYSE:REZI) last announced its earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. Resideo Technologies had a negative net margin of 6.71% and a positive return on equity of 16.70%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the firm earned $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. On average, equities analysts predict that Resideo Technologies will post 2.63 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Resideo Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in shares of Resideo Technologies by 10.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,126 shares of the company’s stock worth $111,000 after purchasing an additional 306 shares during the period. Vise Technologies Inc. lifted its stake in shares of Resideo Technologies by 2.4% during the 4th quarter. Vise Technologies Inc. now owns 13,670 shares of the company’s stock valued at $480,000 after buying an additional 315 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in Resideo Technologies by 6.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,929 shares of the company’s stock worth $208,000 after buying an additional 347 shares during the period. Larson Financial Group LLC increased its stake in Resideo Technologies by 283.8% in the 3rd quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after buying an additional 420 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its stake in Resideo Technologies by 2.4% in the 4th quarter. Maryland State Retirement & Pension System now owns 20,139 shares of the company’s stock worth $707,000 after buying an additional 463 shares in the last quarter. Institutional investors 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.