QXO (NYSE:QXO) Stock Rating Lowered by Zacks Research

Posted by Francis Steltz on Jul 11th, 2026

QXO (NYSE:QXO – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Thursday,Zacks.com reports.

A number of other research firms have also recently issued reports on QXO. Stephens lowered their price objective on QXO from $29.00 to $26.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Citigroup reduced their target price on QXO from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Oppenheimer boosted their price target on shares of QXO from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Robert W. Baird dropped their price objective on shares of QXO from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Finally, BNP Paribas Exane assumed coverage on shares of QXO in a report on Monday, March 16th. They set an “outperform” rating and a $30.00 price objective for the company. Fifteen equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, QXO presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.79.

Check Out Our Latest Report on QXO

QXO Stock Performance

QXO stock traded up $0.43 during trading on Thursday, reaching $15.02. 37,792,134 shares of the stock were exchanged, compared to its average volume of 26,290,496. QXO has a twelve month low of $13.82 and a twelve month high of $27.61. The company has a market capitalization of $10.89 billion, a P/E ratio of -16.50, a price-to-earnings-growth ratio of 3.74 and a beta of 2.23. The stock has a 50 day simple moving average of $16.91 and a 200-day simple moving average of $20.47. The company has a current ratio of 3.33, a quick ratio of 2.47 and a debt-to-equity ratio of 0.35.

QXO (NYSE:QXO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.03). The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.73 billion. QXO had a negative net margin of 6.02% and a positive return on equity of 1.91%. The business’s revenue for the quarter was up 12716.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that QXO will post 0.2 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Arax Advisory Partners acquired a new position in shares of QXO in the 4th quarter worth approximately $25,000. LRI Investments LLC increased its holdings in QXO by 129.1% during the 4th quarter. LRI Investments LLC now owns 1,482 shares of the company’s stock valued at $29,000 after purchasing an additional 835 shares in the last quarter. Root Financial Partners LLC raised its position in QXO by 73,350.0% in the 1st quarter. Root Financial Partners LLC now owns 1,469 shares of the company’s stock valued at $29,000 after purchasing an additional 1,467 shares during the last quarter. Newbridge Financial Services Group Inc. raised its position in QXO by 57.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,575 shares of the company’s stock valued at $30,000 after purchasing an additional 575 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in QXO in the second quarter worth $30,000. Institutional investors own 58.68% of the company’s stock.

About QXO

(Get Free Report)

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. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services.

QXO (NYSE:QXO) Stock Rating Lowered by Zacks Research

QXO Stock Performance

Institutional Inflows and Outflows

About QXO

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