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Resideo Technologies stock hits 52-week high at 33.12 USD

Published 22/08/2025, 15:04
Resideo Technologies stock hits 52-week high at 33.12 USD
REZI
0.41%

Resideo Technologies Inc (NYSE:REZI) stock reached a notable milestone, hitting a 52-week high at 33.12 USD. This achievement reflects a significant upward trajectory for the company, which has seen its stock price increase by 62.28% over the past year. The $4.86 billion market cap company has demonstrated impressive momentum, with revenue growing 20% and analysts setting a price target of $35. According to InvestingPro analysis, the stock appears fairly valued at current levels. The rise to a 52-week high underscores investor confidence and a positive market response to the company’s strategies and performance. As Resideo Technologies continues to innovate and expand its footprint in the market, the stock’s performance remains a focal point for investors and analysts alike. While currently not profitable, InvestingPro data indicates expected profitability this year, with 10+ additional investment insights available to subscribers through the comprehensive Pro Research Report.

In other recent news, Resideo Technologies reported robust financial results for the second quarter of 2025, surpassing both earnings and revenue forecasts. The company achieved an earnings per share of $0.66, exceeding the anticipated $0.54, which represents a 22.22% surprise. Revenue for the quarter reached $1.94 billion, surpassing the forecasted $1.83 billion. Morgan Stanley (NYSE:MS) responded to these strong results by upgrading Resideo Technologies from Equalweight to Overweight, citing the company’s earnings potential. The firm also raised its price target to $35.00 from $24.00. This upgrade follows Resideo’s impressive quarter, which marked the strongest organic revenue growth in 15 quarters and nine consecutive quarters of gross margin expansion in its Products & Solutions segment. These developments indicate a positive outlook from analysts on the company’s future performance.

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