Resideo (REZI) stock slips after 14% jump as investors digest 2026 outlook and spin-off plan
Resideo shares fell 1.5% to $40.25 in early New York trading Thursday, after surging 14% the previous day. The company forecast 2026 adjusted EPS of $3.00–$3.20 and revenue of $7.8–$7.9 billion. Morgan Stanley raised its price target to $50 and reiterated an Overweight rating. Resideo reported a 2025 net loss of $527 million, citing a $1.59 billion payment to Honeywell.
