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An update from SPX ( (SPXC) ) is now available.
On September 9, 2025, SPX Enterprises, LLC, a subsidiary of SPX Technologies, Inc., amended its existing credit agreement with Bank of America and other lenders to secure a $2.025 billion senior secured financing package. This amendment aims to enhance SPX’s financial flexibility, allowing for additional commitments and adjustments in credit facilities, while maintaining specific leverage and interest coverage ratios. The move is expected to impact the company’s operations by providing a robust financial structure to support its growth and investment strategies.
The most recent analyst rating on (SPXC) stock is a Buy with a $219.00 price target. To see the full list of analyst forecasts on SPX stock, see the SPXC Stock Forecast page.
Spark’s Take on SPXC Stock
According to Spark, TipRanks’ AI Analyst, SPXC is a Outperform.
SPX Technologies scores a solid 78, driven by strong financial performance and positive earnings call outcomes. The technical indicators support a bullish trend, although the high P/E ratio suggests the stock may be overvalued. The recent stock offering further strengthens its financial position, contributing positively to the overall score.
To see Spark’s full report on SPXC stock, click here.
More about SPX
SPX Technologies, Inc., through its subsidiary SPX Enterprises, LLC, operates in the financial services industry, providing senior secured financing solutions. The company focuses on offering various credit facilities, including term loans, revolving credit, and foreign credit instruments, catering to both domestic and international markets.
Average Trading Volume: 363,771
Technical Sentiment Signal: Buy
Current Market Cap: $8.79B
For detailed information about SPXC stock, go to TipRanks’ Stock Analysis page.