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SPX Technologies (SPXC): Among the Best AI Energy Stocks to Buy in 2026

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.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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