Equities Analysts Issue Forecasts for QXO Q3 Earnings

Key Points

• William Blair has revised their Q3 2025 earnings per share (EPS) estimate for QXO, Inc. down to $0.16, from a previous estimate of $0.21.
• Despite the pessimistic outlook, William Blair maintains an "Outperform" rating on QXO, with analysts predicting a full-year earnings estimate of ($0.13) per share.
• Large institutional investors are significantly increasing their stakes in QXO, with Vanguard Group raising its holdings by 91.0% in the last quarter.

QXO, Inc. (NASDAQ:QXO - Free Report) - Equities research analysts at William Blair dropped their Q3 2025 earnings estimates for QXO in a research report issued on Friday, August 15th. William Blair analyst R. Merkel now anticipates that the company will post earnings per share of $0.16 for the quarter, down from their previous estimate of $0.21. 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 Q4 2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.14 EPS, FY2026 earnings at $0.54 EPS, FY2027 earnings at $0.83 EPS, FY2028 earnings at $1.20 EPS and FY2029 earnings at $1.65 EPS.

Several other equities research analysts have also recently issued reports on the company. Wells Fargo & Company started coverage on QXO in a research note on Tuesday, August 5th. They set an "overweight" rating and a $30.00 target price for the company. Truist Financial initiated coverage on shares of QXO in a research report on Tuesday, July 1st. They set a "buy" rating and a $30.00 price objective for the company. Zacks Research upgraded QXO from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Citigroup assumed coverage on shares of QXO in a research note on Wednesday, July 16th. They set a "buy" rating and a $33.00 price target on the stock. Finally, Stephens assumed coverage on shares of QXO in a research report on Wednesday, August 13th. They set an "overweight" rating and a $29.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company's stock. According to data from MarketBeat, QXO currently has a consensus rating of "Buy" and an average price target of $32.25.

QXO Stock Down 1.6%

Shares of QXO stock traded down $0.3030 during mid-day trading on Monday, hitting $18.9770. The stock had a trading volume of 4,637,762 shares, compared to its average volume of 5,814,807. The firm has a 50-day moving average of $21.11 and a two-hundred day moving average of $16.62. The firm has a market cap of $11.02 billion, a P/E ratio of -2.08, a price-to-earnings-growth ratio of 4.09 and a beta of 2.34. QXO has a 12-month low of $11.85 and a 12-month high of $24.69.

Hedge Funds Weigh In On QXO

A number of institutional investors have recently made changes to their positions in QXO. Alliancebernstein L.P. purchased a new position in QXO during the fourth quarter worth approximately $264,000. Wells Fargo & Company MN raised its position in QXO by 277.5% in the fourth quarter. Wells Fargo & Company MN now owns 29,159 shares of the company's stock valued at $464,000 after purchasing an additional 21,435 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of QXO by 26.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 138,756 shares of the company's stock worth $2,206,000 after purchasing an additional 29,311 shares in the last quarter. Invesco Ltd. purchased a new position in QXO in the fourth quarter valued at about $164,000. Finally, Legal & General Group Plc bought a new stake in shares of QXO in the fourth quarter worth $4,764,000. 58.68% of the stock is owned by institutional investors and hedge funds.

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.