QXO (QXO) to Release Quarterly Earnings on Thursday

QXO (NYSE:QXO) is anticipated to post its Q2 2026 results after the market closes on Thursday, August 13th. Analysts expect the company to post earnings of $0.0786 per share and revenue of $3.1809 billion for the quarter. Investors can find conference call details 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 posted its quarterly 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 firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.73 billion. QXO had a positive return on equity of 1.91% and a negative net margin of 6.02%.The firm’s quarterly revenue 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 $0 EPS for the next fiscal year.

QXO Stock Up 4.0%

Shares of NYSE:QXO opened at $15.95 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.47 and a current ratio of 3.33. QXO has a 52-week low of $13.18 and a 52-week high of $27.61. The business’s 50 day simple moving average is $15.67 and its two-hundred day simple moving average is $19.40. The firm has a market cap of $16.55 billion, a P/E ratio of -17.53, a PEG ratio of 2.32 and a beta of 2.28.

Institutional Investors Weigh In On QXO

Institutional investors have recently bought and sold shares of the stock. Schf GPE LLC raised its position 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 buying an additional 8,943,089 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in QXO by 110.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,513,588 shares of the company’s stock worth $125,648,000 after acquiring an additional 3,417,670 shares during the last quarter. Federated Hermes Inc. boosted its holdings in QXO by 4.1% during the 4th quarter. Federated Hermes Inc. now owns 3,307,600 shares of the company’s stock worth $63,804,000 after acquiring an additional 129,500 shares during the last quarter. Select Equity Group L.P. bought a new stake in shares of QXO in the 2nd quarter worth $70,010,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of QXO by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,906,891 shares of the company’s stock worth $56,074,000 after acquiring an additional 45,285 shares in the last quarter. Institutional investors own 58.68% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on QXO. Oppenheimer upped their target price on QXO from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Stephens decreased their price target on shares of QXO from $29.00 to $26.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company set a $18.00 price objective on shares of QXO in a report on Tuesday, July 28th. KeyCorp dropped their price objective on shares of QXO from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. Finally, Morgan Stanley began coverage on shares of QXO in a report on Tuesday. They set an “overweight” rating and a $35.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, QXO has a consensus rating of “Moderate Buy” and an average target price 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.