QXO, Inc. (NASDAQ:QXO - Free Report) - Research analysts at William Blair cut their Q3 2025 earnings per share (EPS) estimates for shares of QXO in a research report issued to clients and investors 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 prior 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.
A number of other brokerages have also recently weighed in on QXO. Wells Fargo & Company assumed coverage on QXO in a research note on Tuesday, August 5th. They issued an "overweight" rating and a $30.00 price target on the stock. Benchmark started coverage on QXO in a report on Friday. They set a "buy" rating and a $50.00 price target for the company. Wolfe Research began coverage on QXO in a report on Friday, June 6th. They issued an "outperform" rating and a $44.00 target price for the company. Zacks Research raised QXO from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 14th. Finally, Truist Financial started coverage on QXO in a research report on Tuesday, July 1st. They issued a "buy" rating and a $30.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $34.22.
View Our Latest Report on QXO
QXO Stock Performance
QXO traded up $1.5550 during trading on Monday, reaching $20.3750. The company had a trading volume of 14,481,436 shares, compared to its average volume of 5,897,078. The firm's 50-day simple moving average is $21.10 and its 200 day simple moving average is $16.70. The company has a market cap of $11.83 billion, a price-to-earnings ratio of -2.23, a PEG 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
Several hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new stake in shares of QXO during the second quarter worth about $25,000. American Capital Advisory LLC grew its stake in QXO by 258.0% in the second quarter. American Capital Advisory LLC now owns 1,167 shares of the company's stock valued at $25,000 after purchasing an additional 841 shares in the last quarter. Larson Financial Group LLC bought a new position in QXO in the first quarter valued at approximately $26,000. Allworth Financial LP boosted its stake in shares of QXO by 1,740.9% during the 2nd quarter. Allworth Financial LP now owns 1,215 shares of the company's stock worth $26,000 after acquiring an additional 1,149 shares during the period. Finally, Ridgewood Investments LLC bought a new position in shares of QXO during the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 58.68% of the company's stock.
About QXO
(
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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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