Brokers Issue Forecasts for QXO's Q3 Earnings (NYSE:QXO)

Key Points

• William Blair has downgraded its Q3 2025 EPS estimates for QXO from $0.16 to $0.14, while maintaining an "Outperform" rating on the stock.
• Institutional investors have significantly increased their stakes in QXO, with Vanguard Group and Affinity Partners raising their holdings by 91.0% and 99.1%, respectively.
• QXO's average rating is classified as a "Moderate Buy", with a consensus target price of $33.08, despite a recent 5.7% decline in stock value.

QXO, Inc. (NYSE:QXO - Free Report) - William Blair dropped their Q3 2025 EPS estimates for shares of QXO in a report released on Friday, October 10th. William Blair analyst R. Merkel now expects that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.16. William Blair has a "Outperform" rating on the stock. The consensus estimate for QXO's current full-year earnings is ($0.13) per share. William Blair also issued estimates for QXO's FY2025 earnings at $0.42 EPS.

Several other research firms have also recently commented on QXO. Morgan Stanley assumed coverage on shares of QXO in a research note on Tuesday, September 2nd. They set an "overweight" rating and a $35.00 target price on the stock. Stephens assumed coverage on shares of QXO in a research note on Wednesday, August 13th. They set an "overweight" rating and a $29.00 target price on the stock. Wells Fargo & Company assumed coverage on shares of QXO in a research note on Tuesday, August 5th. They set an "overweight" rating and a $30.00 target price on the stock. Zacks Research cut shares of QXO from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 12th. Finally, Benchmark raised shares of QXO to a "strong-buy" rating in a research note on Monday, August 25th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $33.08.

QXO Trading Down 5.7%

QXO stock opened at $18.60 on Monday. The company has a quick ratio of 2.15, a current ratio of 3.00 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $20.19 and a two-hundred day moving average price of $18.52. The firm has a market capitalization of $12.53 billion, a price-to-earnings ratio of -88.59, a PEG ratio of 2.59 and a beta of 2.25. QXO has a 52-week low of $11.85 and a 52-week high of $24.69.

QXO (NYSE:QXO - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.07. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.87 billion. QXO had a negative net margin of 1.09% and a positive return on equity of 2.15%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QXO. Vanguard Group Inc. increased its stake in shares of QXO by 91.0% in the second quarter. Vanguard Group Inc. now owns 47,192,412 shares of the company's stock worth $1,016,525,000 after acquiring an additional 22,484,977 shares during the last quarter. Affinity Partners GP LP lifted its stake in QXO by 99.1% in the second quarter. Affinity Partners GP LP now owns 32,671,542 shares of the company's stock valued at $703,745,000 after acquiring an additional 16,260,163 shares during the last quarter. Alpha Wave Global LP acquired a new stake in QXO in the second quarter valued at approximately $525,366,000. Schf GPE LLC lifted its stake in QXO by 204.3% in the second quarter. Schf GPE LLC now owns 13,319,457 shares of the company's stock valued at $286,901,000 after acquiring an additional 8,943,089 shares during the last quarter. Finally, Blue Investment Opportunities LLC Project Breeze Series 1 acquired a new stake in QXO in the first quarter valued at approximately $118,142,000. 58.68% of the stock is owned by hedge funds and other institutional investors.

QXO Company Profile

QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.

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