10 Best AI Energy Stocks to Buy in 2026

8. SPX Technologies, Inc. (NYSE:SPXC)

SPX Technologies, Inc. (NYSE:SPXC) features in our list of the best AI energy stocks to buy in 2026.

As of April 9, 2026, analyst sentiment around SPX Technologies, Inc. (NYSE:SPXC) remains bullish, with 93% of the covering analysts maintaining “Buy” ratings on the stock. The consensus price target of $262.50 implies an upside potential of 23.69%.

However, the stock drew a note of caution from Wells Fargo and a sense of optimism from Truist.

On April 1, 2026, Wells Fargo analyst Joseph O’Dea reduced SPX Technologies, Inc. (NYSE:SPXC)’s price target to $225 from $270, while keeping an “Overweight” rating. This move reflects a more cautious near-term backdrop as industrial optimism is clouded by a new layer of geopolitical uncertainty. The firm warned that, similar to how tariffs postponed a PMI recovery last year, another source of uncertainty could keep sentiment muted until visibility improves, even though the company’s recent catch-up call did not indicate an increased level of caution directly linked to the Middle East situation.

Meanwhile, on March 27, 2026, Truist analyst Jamie Cook upgraded SPX Technologies, Inc. (NYSE:SPXC) from “Hold” to “Buy” with an unchanged $244 price target, claiming the stock offers the best of both worlds for investors.

According to Truist, SPX Technologies, Inc. (NYSE:SPXC) may provide above-average organic sales and earnings growth in an upcycle driven by secular demand linked to data centers, while also acting as a safer haven if the Iran crisis continues. The firm noted that SPX Technologies (NYSE:SPXC)’s shares had declined 18% since February 24, calling it a compelling buying point.

SPX Technologies, Inc. (NYSE:SPXC) is a global supplier of engineered infrastructure equipment. With a focus on technologically advanced offerings that improve energy efficiency and infrastructure performance, they cater to various markets such as detection, measurement, and heating, ventilation & cooling (HVAC).