What is William Blair's Forecast for QXO Q2 Earnings?

QXO, Inc. (NASDAQ:QXO - Free Report) - Investment analysts at William Blair issued their Q2 2025 earnings estimates for shares of QXO in a research note issued to investors on Wednesday, June 18th. William Blair analyst R. Merkel anticipates that the company will post earnings per share of $0.05 for the quarter. William Blair currently 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 Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.13 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.15 EPS, FY2026 earnings at $0.67 EPS, FY2027 earnings at $0.99 EPS, FY2028 earnings at $1.41 EPS and FY2029 earnings at $1.92 EPS.

A number of other research analysts have also weighed in on the stock. Wolfe Research started coverage on shares of QXO in a research note on Friday, June 6th. They issued an "outperform" rating and a $44.00 price objective for the company. Baird R W upgraded shares of QXO to a "strong-buy" rating in a research note on Thursday, June 12th. Robert W. Baird started coverage on shares of QXO in a research note on Thursday, June 12th. They issued an "outperform" rating and a $32.00 price objective for the company. Finally, Oppenheimer started coverage on shares of QXO in a research note on Wednesday, June 11th. They issued an "outperform" rating and a $27.00 price objective for the company. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, QXO currently has an average rating of "Buy" and a consensus target price of $34.33.

QXO Stock Performance

QXO stock traded down $0.06 during mid-day trading on Monday, reaching $21.75. The company's stock had a trading volume of 20,563,059 shares, compared to its average volume of 3,630,091. QXO has a 12-month low of $10.61 and a 12-month high of $157.28. The company has a market capitalization of $12.58 billion, a P/E ratio of -2.38, a PEG ratio of 4.09 and a beta of 2.38. The firm's fifty day moving average price is $16.80 and its two-hundred day moving average price is $15.02.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Advisors Capital Management LLC grew its position in shares of QXO by 18.9% during the 1st quarter. Advisors Capital Management LLC now owns 646,595 shares of the company's stock valued at $8,755,000 after purchasing an additional 102,862 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of QXO by 13.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 697,889 shares of the company's stock valued at $9,449,000 after purchasing an additional 81,758 shares in the last quarter. Blue Investment Opportunities LLC Project Breeze Series 1 purchased a new position in shares of QXO during the 1st quarter valued at $118,142,000. Millennium Management LLC grew its position in shares of QXO by 6.6% during the 1st quarter. Millennium Management LLC now owns 322,115 shares of the company's stock valued at $4,361,000 after purchasing an additional 20,067 shares in the last quarter. Finally, Eschler Asset Management LLP purchased a new position in shares of QXO during the 1st quarter valued at $812,000. 58.68% of the stock is currently owned by hedge funds and other institutional investors.

About QXO

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.