SPX Technologies shares are higher as investors rotate back into the data-center cooling growth narrative, with renewed focus on the company’s HVAC platform and multi-year capacity build intended to support demand. Market commentary this week has highlighted SPX’s expanding data-center exposure and the view that growth can remain elevated as new manufacturing capacity ramps over the next several years. �citeturn1search4turn2search0

SPX’s HVAC business has been positioned as a levered beneficiary of higher heat-rejection and cooling requirements from modern data centers, and recent writeups have framed the segment as a key catalyst into 2026. The same discussions point to a sizable capacity expansion program and growing revenue contribution from data-center-related cooling products, which has helped re-center the bull case after prior pullbacks from highs. �citeturn1search4turn2search0

The latest company guidance for 2026 has been cited as a major support for the stock’s rerating case, including an adjusted EPS range of $7.60 to $8.00 and adjusted EBITDA guidance of $590 million to $620 million. Recent analyst-driven coverage has also reinforced a constructive setup around SPX’s 2026 targets, helping put incremental buyers back in control on up days. �citeturn0search1turn2search5

Investors will be watching for incremental order/backlog disclosures tied to large project wins, updates on capacity expansion timelines, and any additional commentary on data-center demand durability and margins as integrations continue. With the stock already elevated, follow-through likely depends on whether SPX can keep execution tight against its 2026 targets and provide clear visibility into incremental HVAC volume and profitability.�citeturn0search1turn2search0