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Resideo Technologies Inc. stock has reached an all-time high of 37.37 USD, marking a significant milestone for the $5.54 billion market cap company. According to InvestingPro data, the company’s robust 20% revenue growth and GOOD Financial Health Score underscore its market strength. Over the past year, the stock has experienced a remarkable increase of 96.68%, underscoring strong investor confidence and robust company performance. This new peak reflects the company’s successful strategies and market positioning, as it continues to gain traction in its industry. The substantial 1-year change highlights Resideo’s growth trajectory, making it a notable player to watch in the market. Based on InvestingPro analysis, the stock appears to be trading near its Fair Value, with 12 additional ProTips available to subscribers through the comprehensive Pro Research Report.
In other recent news, Resideo Technologies reported strong financial results for the second quarter of 2025, surpassing both earnings and revenue forecasts. The company posted an earnings per share of $0.66, which exceeded the expected $0.54, representing a 22.22% surprise. Revenue reached $1.94 billion, surpassing the forecasted $1.83 billion. Following these results, Morgan Stanley upgraded Resideo Technologies from Equalweight to Overweight, citing the company’s earnings potential. The investment firm also increased its price target from $24.00 to $35.00. Resideo’s second-quarter results marked the strongest quarter of organic revenue growth in 15 quarters. The company has achieved nine consecutive quarters of gross margin expansion in its Products & Solutions segment. These developments reflect a positive outlook for Resideo Technologies.
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