Brokers Set Expectations for QXO's Q3 Earnings (NASDAQ:QXO)

Key Points

• KeyCorp projects QXO will report $0.11 earnings per share for Q3 2025, with full-year estimates showing a loss of ($0.13) per share for the current fiscal year.
• Investors maintain a consensus "Buy" rating on QXO stock, with a target price averaging $33.25, following positive coverage from multiple research firms.
• Institutional investors are actively increasing their stakes in QXO, with Praxis Investment Management boosting its position by 67.2% in the third quarter.

QXO, Inc. (NASDAQ:QXO - Free Report) - Equities researchers at KeyCorp issued their Q3 2025 earnings per share estimates for QXO in a research note issued to investors on Tuesday, September 30th. KeyCorp analyst J. Hammond anticipates that the company will post earnings per share of $0.11 for the quarter. The consensus estimate for QXO's current full-year earnings is ($0.13) per share. KeyCorp also issued estimates for QXO's Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.33 EPS, FY2026 earnings at $0.41 EPS and FY2027 earnings at $0.67 EPS.

Several other equities analysts have also issued reports on the company. Wells Fargo & Company assumed coverage on QXO in a research note on Tuesday, August 5th. They issued an "overweight" rating and a $30.00 target price on the stock. Truist Financial initiated coverage on QXO in a research note on Tuesday, July 1st. They issued a "buy" rating and a $30.00 target price on the stock. Oppenheimer initiated coverage on QXO in a research note on Wednesday, June 11th. They set an "outperform" rating and a $27.00 price target on the stock. William Blair initiated coverage on QXO in a research note on Wednesday, June 18th. They set an "outperform" rating on the stock. Finally, Zacks Research lowered QXO from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 12th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, QXO presently has a consensus rating of "Buy" and an average price target of $33.25.

QXO Trading Down 1.9%

Shares of QXO stock opened at $18.70 on Thursday. The stock's fifty day moving average price is $20.37 and its 200-day moving average price is $18.14. QXO has a 12 month low of $11.85 and a 12 month high of $24.69. The firm has a market cap of $12.60 billion, a P/E ratio of -2.05, a P/E/G ratio of 4.09 and a beta of 2.35.

Institutional Trading of QXO

Several large investors have recently made changes to their positions in the company. Praxis Investment Management Inc. increased its position in shares of QXO by 67.2% during the third quarter. Praxis Investment Management Inc. now owns 19,298 shares of the company's stock worth $368,000 after purchasing an additional 7,758 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in QXO in the 2nd quarter valued at $266,000. Osaic Holdings Inc. grew its holdings in QXO by 341.8% in the 2nd quarter. Osaic Holdings Inc. now owns 45,047 shares of the company's stock valued at $970,000 after buying an additional 34,851 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in QXO by 4.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 107,865 shares of the company's stock valued at $2,323,000 after buying an additional 4,834 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new stake in QXO in the 2nd quarter valued at $1,790,000. 58.68% of the stock is currently 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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