QXO (QXO) Expected to Release Earnings on Thursday

QXO (NYSE:QXO) is expected to issue its Q2 2026 results after the market closes on Thursday, August 13th. Analysts expect QXO to post earnings of $0.0786 per share and revenue of $3.1788 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 13, 2026 at 4:00 PM ET.

QXO (NYSE:QXO) last released its earnings results on Tuesday, May 12th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.73 billion. QXO had a positive return on equity of 1.91% and a negative net margin of 6.02%.QXO’s revenue for the quarter was up 12716.3% on a year-over-year basis. On average, analysts expect QXO to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

QXO Trading Down 4.8%

Shares of QXO stock opened at $15.38 on Tuesday. The stock has a market cap of $15.96 billion, a P/E ratio of -16.90, a P/E/G ratio of 2.72 and a beta of 2.28. The stock’s 50 day simple moving average is $15.57 and its 200-day simple moving average is $19.23. QXO has a 1-year low of $13.18 and a 1-year high of $27.61. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.33 and a quick ratio of 2.47.

Hedge Funds Weigh In On QXO

A number of hedge funds and other institutional investors have recently bought and sold shares of QXO. Sunbelt Securities Inc. increased its stake in QXO by 6.8% during the fourth quarter. Sunbelt Securities Inc. now owns 6,300 shares of the company’s stock worth $122,000 after purchasing an additional 400 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in shares of QXO by 110.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,513,588 shares of the company’s stock valued at $125,648,000 after purchasing an additional 3,417,670 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of QXO by 48.2% in the fourth quarter. Axxcess Wealth Management LLC now owns 58,837 shares of the company’s stock valued at $1,135,000 after purchasing an additional 19,128 shares during the period. State of Tennessee Department of Treasury boosted its stake in shares of QXO by 17.3% in the fourth quarter. State of Tennessee Department of Treasury now owns 32,255 shares of the company’s stock valued at $622,000 after purchasing an additional 4,759 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of QXO by 42.4% in the fourth quarter. NewEdge Advisors LLC now owns 1,680 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares in the last quarter. 58.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on QXO. Zacks Research upgraded QXO from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Robert W. Baird dropped their target price on QXO from $35.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. KeyCorp cut their target price on QXO from $32.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. Stephens reduced their price target on QXO from $29.00 to $26.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Citigroup lowered their price target on shares of QXO from $28.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, QXO currently has a consensus rating of “Moderate Buy” and an average price target of $29.71.

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. 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.