SPX Technologies – HVAC Specialist Nearly Doubles Revenue Forecast with Data Centers

SPX Technologies is a global provider of specialized infrastructure equipment focused on heating, ventilation, air conditioning (HVAC), as well as detection and measurement technology. A strong increase in demand for cooling solutions for data centers led to a revenue growth of 22% in the HVAC segment in the first quarter of 2026. The revenue target with data centers for 2026 has been raised from $200 million to $350 million. The stock is trading within striking distance of its all-time high.   The stock of SPX Technologies (SPXC)...