Resideo Technologies, Inc. logo REZI - Resideo Technologies, Inc.

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| PRICE TARGET: $42.33 DETAILS
HIGH: $55.00
LOW: $27.00
MEDIAN: $45.00
CONSENSUS: $42.33
UPSIDE: 115.64%

Stock News

Resideo Announces Record Second Quarter 2026 Financial Results; Initiates Standalone 2026 Outlook

Resideo Announces Record Second Quarter 2026 Financial Results; Initiates Standalone 2026 Outlook

Revenue of $1.98 billion, up 2% year-over-year; a new record and above the high-end of outlook range; Products & Solutions ("P&S") up 4% and ADI Global Distribution segment ("ADI") up 1% Gross margin of 30.0%, a new record; 13 consecutive quarters of year-over-year gross margin expansion achieved at P&S Net income of $97 million, compared to net loss of $825 million in second quarter of 2025; Adjusted EBITDA (1) of $249 million, up 19% year-over-year; a new record and above the high-end of outlook range GAAP diluted EPS of $0.51; Adjusted EPS (1) of $0.83, up 26% year-over-year and above the high-end of the outlook range Successfully completed the business separation of ADI on August 3, 2026 (2) SCOTTSDALE, Ariz., Aug. 12, 2026 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global developer and manufacturer of critical control and sensing solutions for residential end-markets, today announced financial results for the second fiscal quarter ended July 4, 2026.

Aug 12, 2026 12:05 PM prnewswire.com
ADI Global Distribution Completes Spin-Off from Resideo Technologies and Begins Trading on the New York Stock Exchange

ADI Global Distribution Completes Spin-Off from Resideo Technologies and Begins Trading on the New York Stock Exchange

MELVILLE, N.Y.--(BUSINESS WIRE)---- $ADIG #ADIGonNYSE--ADI Global Distribution Inc. (NYSE: ADIG) (“ADI”), a leading global specialty distributor of low-voltage products, today announced the completion of its spin-off from Resideo Technologies, Inc. (“Resideo”), establishing ADI as an independent publicly traded company. ADI's common stock will begin “regular way” trading today on the New York Stock Exchange under the ticker symbol “ADIG”. “Today marks a pivotal milestone for ADI as we are officially an independent s.

Aug 04, 2026 02:00 AM businesswire.com
Resideo Technologies Completes Spin-Off of ADI Global Distribution

Resideo Technologies Completes Spin-Off of ADI Global Distribution

Positioned To Accelerate Profitable Growth and Innovation as a Pure-Play Building Technologies Company Repaid $900 Million of Indebtedness and Preferred Stock Reduced to 350,000 Shares Outstanding ADI Begins Trading Today on the New York Stock Exchange Under Ticker "ADIG" SCOTTSDALE, Ariz., Aug. 4, 2026 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI) ("Resideo"), a leading global developer and manufacturer of critical control and sensing solutions for residential end markets, today announced the completion of its spin-off of ADI Global Distribution Inc. ("ADI"), establishing Resideo as a pure-play building technologies company.

Aug 04, 2026 02:00 AM prnewswire.com
Resideo To Release Second Quarter 2026 Financial Results on August 12, 2026

Resideo To Release Second Quarter 2026 Financial Results on August 12, 2026

SCOTTSDALE, Ariz., July 22, 2026 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, will release second quarter 2026 financial results after the close of the New York Stock Exchange on Wednesday, August 12, 2026.

Jul 22, 2026 12:05 PM prnewswire.com
Resideo To Present Strategy and Financial Framework as Pure-Play Building Technologies Company at Investor Day

Resideo To Present Strategy and Financial Framework as Pure-Play Building Technologies Company at Investor Day

Significant Opportunity To Leverage Distinct Value Proposition to Generate Above Market Growth and Expand Margins SCOTTSDALE, Ariz., July 13, 2026 /PRNewswire/ -- Resideo Technologies (NYSE: REZI) ("Resideo") a leading global manufacturer, developer and distributor of technology-driven sensing and controls products and solutions for residential and commercial end markets, will host its Investor Day at the New York Stock Exchange in New York City today, ahead of the planned spin-off of ADI Global Distribution.

Jul 13, 2026 02:50 AM prnewswire.com
Resideo Board of Directors Sets Record Date and Announces Expected Timing for Spin-off of ADI Global Distribution

Resideo Board of Directors Sets Record Date and Announces Expected Timing for Spin-off of ADI Global Distribution

Record date set for July 20 , 2026 Distribution expected to occur on August 3, 2026, with common shareholders of record expected to receive one share of ADI common stock for every two shares of Resideo common stock owned ADI expected to begin trading on NYSE on August 4, 2026, under the ticker symbol "ADIG" ADI completes $400 million senior notes offering and enters into a credit agreement with respect to a $600 million term loan facility and a $500 million revolving facility in connection with the planned spin- off SCOTTSDALE, Ariz., July 1, 2026 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI) ("Resideo") today announced that its Board of Directors (the "Board") has formally approved the planned spin-off (the "Spin-Off") of its ADI Global Distribution business.

Jul 01, 2026 12:05 PM prnewswire.com

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