QXO, Inc. (NYSE:QXO) Receives $32.00 Average Price Target from Analysts

Posted by on May 27th, 2026

QXO, Inc. (NYSE:QXO – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the eighteen ratings firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and sixteen have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $32.00.

Several research firms recently commented on QXO. Benchmark restated a “buy” rating on shares of QXO in a research report on Friday, February 20th. Oppenheimer raised their price target on shares of QXO from $30.00 to $32.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Zacks Research lowered shares of QXO from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. KeyCorp raised their price target on shares of QXO from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, April 20th. Finally, BNP Paribas Exane began coverage on shares of QXO in a research report on Monday, March 16th. They set an “outperform” rating and a $30.00 price target on the stock.

Read Our Latest Research Report on QXO

Institutional Trading of QXO

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of QXO by 17.2% in the third quarter. Vanguard Group Inc. now owns 55,323,743 shares of the company’s stock valued at $1,054,471,000 after purchasing an additional 8,131,331 shares during the period. Finepoint Capital LP grew its position in shares of QXO by 5.4% in the third quarter. Finepoint Capital LP now owns 22,295,615 shares of the company’s stock valued at $424,954,000 after purchasing an additional 1,142,747 shares during the period. Fred Alger Management LLC grew its position in shares of QXO by 75.4% in the fourth quarter. Fred Alger Management LLC now owns 15,923,937 shares of the company’s stock valued at $307,173,000 after purchasing an additional 6,844,574 shares during the period. Baillie Gifford & Co. grew its position in shares of QXO by 16,117.6% in the fourth quarter. Baillie Gifford & Co. now owns 14,735,164 shares of the company’s stock valued at $284,241,000 after purchasing an additional 14,644,305 shares during the period. Finally, Schf GPE LLC grew its position in shares of QXO by 204.3% in the second quarter. Schf GPE LLC now owns 13,319,457 shares of the company’s stock valued at $286,901,000 after purchasing an additional 8,943,089 shares during the period. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Trading Up 3.2%

Shares of QXO stock opened at $17.21 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.33 and a quick ratio of 2.47. The firm has a fifty day moving average price of $19.71 and a 200 day moving average price of $21.09. QXO has a 1 year low of $15.50 and a 1 year high of $27.61. The stock has a market cap of $12.48 billion, a PE ratio of -18.91, a price-to-earnings-growth ratio of 4.27 and a beta of 2.40.

QXO (NYSE:QXO – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.12) 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 analyst estimates 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 was up 12716.3% compared to the same quarter last year. Equities research analysts predict that QXO will post 0.2 earnings per share for the current year.

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.

Further Reading

Analyst Recommendations for QXO (NYSE:QXO)

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