Resideo Technologies

Resideo expects a revenue decline of $40–50m in its OEM security business in the second half of 2026, mostly concentrated in Q3/Q4 and potentially leading to further write‑downs through mid‑2027. Management views the OEM business as non‑strategic and does not plan to continue it as an ODM, and—thanks to cost adjustments—expects only limited pressure on EBITDA. Gross margin has improved for 13 consecutive quarters and is now around 39–40%. The five‑year strategy targets 4–6% annual growth and margin expansion through new products, geographic expansion in Europe, price adjustments and efficiency measures; revenue and EBITDA growth are expected for 2027. » More on de.investing.com

Resideo shares hit a 52-week low of $18.86, about 47.8% below the year high; market capitalization is $2.87 billion and the P/E ratio is 7.66. Although the quarter beat estimates with adjusted earnings of $0.83 per share (expectation $0.66) and revenue of $1.98 billion (expectation $1.93), a cautious outlook, rising input costs and issues with a key OEM customer weigh on the stock. Analyst Oppenheimer cut the price target to $27 but kept the rating at "Outperform", while InvestingPro points to possible undervaluation upside. » More on de.investing.com

Resideo Technologies shares fell to a 52-week low of around $18.95 and are down about 43.24% year-to-date. Technical indicators point to oversold conditions; the P/E ratio is around 7.64. In Q2 Resideo beat estimates with adjusted earnings of $0.83 per share (expectation $0.66) and revenue of $1.98 billion, but a cautious outlook, rising input costs and weakness at a key OEM customer weigh on sentiment. Oppenheimer cut its price target from $48 to $27 while keeping the rating at "Outperform." » More on de.investing.com