SPX Technologies, Inc. (NYSE:SPXC) features in our list of the best AI energy stocks to buy in 2026.
A view of the skyline from an electricity pylon, to show the ubiquity of the companies energy products.
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).
While we acknowledge the risk and potential of SPXC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SPXC and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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