Resideo Technologies stock hits 52-week high at $29.74\n\nResideo Technologies Inc (NYSE:REZI) stock reached a new 52-week high, hitting $29.74. This milestone reflects a significant upward trajectory for the company, which has seen its stock price increase by an impressive 48.89% over the past year. The $4.09 billion market cap company has demonstrated robust growth with revenue surging 20% and analysts setting a $35 price target. The strong performance highlights investor confidence and positive market sentiment surrounding Resideo Technologies. The company’s recent achievements and strategic initiatives may have contributed to this notable rise in its stock value, positioning it favorably in the market. According to InvestingPro analysis, the stock is currently trading near its Fair Value.\n\nIn other recent news, Resideo Technologies reported robust financial results for the second quarter of 2025, surpassing both earnings and revenue expectations. The company posted an earnings per share of $0.66, exceeding the projected $0.54, which represents a 22.22% surprise. Revenue also surpassed forecasts, reaching $1.94 billion compared to the expected $1.83 billion. This marks the strongest quarter of organic revenue growth for Resideo in 15 quarters, with nine consecutive quarters of gross margin expansion in its Products & Solutions segment.\n\nFollowing these results, Morgan Stanley upgraded Resideo Technologies from Equalweight to Overweight, citing the company’s earnings potential. The firm increased its price target from $24.00 to $35.00, suggesting a potential 27% upside. These developments reflect a positive outlook for the company, as evidenced by the analyst upgrade and strong quarterly performance.\n\nWith REZI making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed REZI alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including REZI, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is REZI poised for similar growth? Don't miss the opportunity to find out.

Resideo Technologies stock hits 52-week high at $29.74

Resideo Technologies Inc (NYSE:REZI) reached a new 52-week high of $29.74, reflecting a 48.89% increase in stock price over the past year and a market cap of $4.09 billion. The company reported strong second-quarter 2025 financial results, exceeding earnings and revenue expectations with an earnings per share of $0.66 (vs. projected $0.54) and revenue of $1.94 billion (vs. expected $1.83 billion). This marks the strongest organic revenue growth in 15 quarters and nine consecutive quarters of gross margin expansion in its Products & Solutions segment. Morgan Stanley upgraded the stock from Equal Weight to Overweight, raising its price target from $24.00 to $35.00, indicating a 27% upside. Analysts and platforms like InvestingPro suggest the stock is trading near its fair value and may represent a potential undervalued opportunity in the current market.