QXO, Inc. (QXO) AI Stock Analysis
QXO AI stock analysis summary
AI ResearchQXO, Inc. (QXO) is an industrial distribution and technology services provider with an enterprise value of $18.06B and a market capitalization of $11.27B. In FY2025, revenue expanded to $6.84B, while trailing twelve month revenue reached $9.90B with a net profit margin of -5.2%. The stock closed at $10.86 on October 16, 2026, down 42.6% over the past year.
- Market cap
- $11.27B
- Revenue (TTM)
- $9.90B
- P/E
- — fwd 19.2x
- 1Y return
- -42.6% S&P 500 16.8%
- Avg. target
- $25.95 138.9% vs last close
Bull case
- Consensus estimates from 19 analysts project revenue to expand 33.3% to $18.78B and EPS to rise 127.3% to $0.55 in the next fiscal year.
- The company delivered $183.2M in free cash flow and $261.4M in operating cash flow during FY2025.
- QXO generated quarterly year-over-year revenue growth of 70.3% for the quarter ended June 30, 2026.
Bear case
- QXO shares fell 42.6% over the past year and trade 39.4% below their 200-day moving average.
- Profitability remains negative with trailing twelve month net income showing an EPS of -$0.89 and a net profit margin of -5.2%.
- Total debt reached $7.04B as of June 30, 2026, leaving net debt at $4.26B.
What QXO does
QXO, Inc., headquartered in Greenwich, Connecticut, operates as a business application, technology, and consulting firm within North America. The company specializes in delivering solutions tailored for small and medium-sized enterprises across manufacturing, distribution, and services industries. Its core portfolio includes solutions across accounting, financial reporting, enterprise resource planning (ERP), human capital management (HCM), warehouse management systems (WMS), customer relationship management (CRM), and business intelligence (BI). Additionally, QXO provides consulting, professional training, and managed IT services covering cybersecurity, application hosting, disaster recovery, cloud computing, data backup, and network maintenance.
Growth and profitability
Revenue expanded from $41.7M in FY2021 to $54.5M in FY2023, $56.9M in FY2024, and $6.84B in FY2025, contributing to a 5-year revenue CAGR of 178.0%. Gross margin adjusted from 41.3% in FY2021 to 16.8% in FY2025, while operating margin was -0.8% in FY2025. Over the trailing twelve months, revenue reached $9.90B, supported by quarterly year-over-year revenue growth of 70.3% for the period ended June 30, 2026. However, net income was -$279.4M in FY2025, and trailing twelve month net profit margin was -5.2% with diluted EPS of -$0.89.
Balance sheet and cash flow
As of June 30, 2026, QXO held $2.77B in cash and short-term investments against total debt of $7.04B, resulting in net debt of $4.26B. Total assets stood at $22.66B and shareholders' equity was $10.38B, supported by a current ratio of 4.11 and a debt-to-equity ratio of 0.68. Operating cash flow in FY2025 was $261.4M with free cash flow of $183.2M after capital expenditures of $78.2M. Capital activities in FY2025 included $4.83B in share issuance and $104.8M in dividends paid.
Valuation and performance
At a last close of $10.86, QXO trades at an enterprise value to EBITDA multiple of 40.6x, compared to 13.9x for the median of its US-listed Industrials peers. Its forward P/E ratio is 19.2x versus the peer median of 17.2x, while its price-to-sales ratio of 1.1x sits below the peer median of 1.5x. Over the past year, QXO shares declined 42.6%, trailing the S&P 500 (SPY) return of 16.8%. Over a five-year period, the stock fell 70.8%, while the S&P 500 gained 83.0%.
What analysts expect
Wall Street coverage includes 15 Strong Buy and 4 Buy ratings, with zero Hold, Sell, or Strong Sell recommendations. The mean price target is $25.95, which is 138.9% above the last close of $10.86. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $14.09B and EPS of $0.24. The company has beaten EPS expectations in 1 of the last 4 quarters, and its next earnings date is November 5, 2026.
Key risks and what to watch
- The stock carries a high beta of 2.28, reflecting heightened price volatility relative to the broader market.
- Short interest represents 12.8% of the float, indicating measurable short exposure among market participants.
- QXO exceeded analyst EPS estimates in only 1 of the last 4 quarters.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this QXO AI stock analysis
This page is an AI-written research summary of QXO, Inc. (QXO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: QXO income statement, QXO balance sheet, QXO key metrics, QXO analyst forecast, QXO chart. See the QXO stock overview for the latest quote and news.
QXO AI stock analysis FAQ
What is QXO's ticker and trading venue?
QXO, Inc. trades on the New York Stock Exchange under the ticker symbol QXO.
How much revenue did QXO report in FY2025?
QXO reported FY2025 revenue of $6.84B, up from $56.9M in FY2024.
What is QXO's net debt position?
As of June 30, 2026, QXO had $7.04B in total debt and $2.77B in cash and short-term investments, resulting in net debt of $4.26B.
When does QXO report earnings next?
QXO is scheduled to report its next earnings results on November 5, 2026.