William Blair Analysts Lower Earnings Estimates for QXO

QXO, Inc. (NYSE:QXO) – Investment analysts at William Blair decreased their Q3 2025 earnings per share estimates for QXO in a report issued on Friday, October 10th. William Blair analyst R. Merkel now forecasts that the company will earn $0.14 per share for the quarter, down from their previous estimate of $0.16. William Blair currently 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 FY2025 earnings at $0.42 EPS.

A number of other equities research analysts have also issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of QXO in a research report on Wednesday, October 8th. Zacks Research lowered QXO from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 12th. Raymond James Financial assumed coverage on QXO in a research report on Friday, September 5th. They issued an “outperform” rating and a $28.00 target price on the stock. Stephens assumed coverage on QXO in a research report on Wednesday, August 13th. They issued an “overweight” rating and a $29.00 target price on the stock. Finally, Truist Financial dropped their target price on QXO from $30.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $33.08.

QXO Trading Down 0.3%

NYSE QXO opened at $18.52 on Monday. The firm has a market cap of $12.47 billion, a P/E ratio of -88.16, a P/E/G ratio of 2.59 and a beta of 2.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.00 and a quick ratio of 2.15. The stock’s 50-day moving average is $20.16 and its 200-day moving average is $18.55. QXO has a one year low of $11.85 and a one year high of $24.69.

QXO (NYSE:QXO) last released its earnings results on Thursday, August 14th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.07. QXO had a positive return on equity of 2.15% and a negative net margin of 1.09%.The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion.

Institutional Trading of QXO

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in QXO by 91.0% in the 2nd quarter. Vanguard Group Inc. now owns 47,192,412 shares of the company’s stock valued at $1,016,525,000 after purchasing an additional 22,484,977 shares during the period. Affinity Partners GP LP boosted its stake in QXO by 99.1% in the 2nd quarter. Affinity Partners GP LP now owns 32,671,542 shares of the company’s stock valued at $703,745,000 after purchasing an additional 16,260,163 shares during the period. Alpha Wave Global LP bought a new stake in QXO in the 2nd quarter valued at $525,366,000. Schf GPE LLC boosted its stake in QXO by 204.3% in the 2nd 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. Finally, Blue Investment Opportunities LLC Project Breeze Series 1 bought a new stake in QXO in the 1st quarter valued at $118,142,000. 58.68% of the stock is currently owned by institutional investors.

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.