QXO (QXO) Has an $18 Billion Revenue Base. Can Earnings Grow in a Housing Slump?
Why QXO’s Expansion Faces a Housing Test QXO, Inc. (NYSE:QXO) has built a substantially larger building products business ...
Model output · Signal date 2026-10-16
Qxo, Inc. (QXO) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Rating · 90D
▲ Bullish
Exact rating locked
90-day forecast
Sign up free to reveal
30-day forecast
Total
Rank in coverage
Top 35%
of 5171 stocks scored
Rank correlation · 90D
22.0%
Spearman, 357 dates
Market Cap
$11.27B
large-cap · #1 of 5 peers
Summary
Qxo, Inc. (QXO) stock forecast summary
Our AI ranks Qxo, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Qxo, Inc. is a large-cap company with a market capitalization of $11.27B. It ranks number 1 by market capitalization among the 5 Wholesale-Lumber & Other Construction Materials issuers in our coverage with a current forecast.
For QXO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, QXO included.
Follow QXO freePrice
QXO price chart and AI forecast
Cross-section · 2026-10-16
How QXO ranks among 5171 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Qxo, Inc. (QXO) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Wholesale-Lumber & Other Construction Materials peers listed below that report each metric.
Valuation & Market
| Metric | QXO | Rank |
|---|---|---|
| Market Cap | $11.27B | 1/5 |
| P/B Ratio | 1.09x | – |
| EPS | $-0.62 | – |
| Book Value/Share | $10.00 | – |
| Revenue/Share | $7.88 | – |
| FCF/Share | $0.14 | – |
Profitability & Margins
| Metric | QXO | Rank |
|---|---|---|
| ROE | -4.9% | – |
| ROA | -2.3% | – |
| ROIC | -1.7% | – |
| Gross Margin | 8.0% | 3/5 |
| Operating Margin | -4.1% | 2/5 |
| Net Margin | -6.2% | – |
| EBT Margin | -5.8% | 2/5 |
| Tax Rate | -7.7% | – |
Financial Health
| Metric | QXO | Rank |
|---|---|---|
| Current Ratio | 4.11x | – |
| Quick Ratio | 3.29x | – |
| D/E Ratio | 0.99x | 4/5 |
| Financial Leverage | 2.18x | 3/5 |
| Interest Coverage | -0.5x | 2/5 |
| Working Capital | $7.83B | – |
Cash Flow
| Metric | QXO | Rank |
|---|---|---|
| Operating Cash Flow | $253M | – |
| Free Cash Flow | $141M | – |
| Capital Spending | -$112M | – |
| FCF/Sales | 1.7% | – |
| CapEx/Sales | 1.4% | – |
Operational Efficiency
| Metric | QXO | Rank |
|---|---|---|
| Asset Turnover | 0.36x | – |
| Receivables Turnover | 4.6x | – |
| Inventory Turnover | 3.6x | – |
| Fixed Assets Turnover | 9.9x | – |
| Days Sales Outstanding | 80 days | – |
| Days Inventory | 100 days | – |
| Payables Period | 73 days | – |
| Cash Conversion Cycle | 107 days | – |
Income Statement
| Metric | QXO | Rank |
|---|---|---|
| Total Revenue | $8.18B | – |
| Operating Income | -$338M | 5/5 |
| Net Income | -$512M | – |
| SG&A Expense | $2.04B | – |
| Cost of Goods Sold | $7.53B | 1/5 |
Dividend & Shareholder Information
| Metric | QXO | Rank |
|---|---|---|
| Shares Outstanding | 1038M | – |
| EPS Growth | -106.4% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $10.35B | 45.7% of assets |
| Cash & Short-term Investments | $2.77B | 12.2% of assets |
| Accounts Receivable | $1.78B | 7.9% of assets |
| Inventory | $2.07B | 9.1% of assets |
| Total Liabilities | $10.33B | 45.6% of assets |
| Short-term Debt | $1.01B | 4.5% of assets |
Quarterly Financial Reports
QXO quarterly financials and insider trading
Industry Peers · Wholesale-Lumber & Other Construction Materials
Qxo, Inc. (QXO) industry peers
Companies classified under the same SEC industry code as Qxo, Inc. (Wholesale-Lumber & Other Construction Materials): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up freeWhere QXO sits on the market map
Trade & Services · Wholesale-Lumber & Other Construction Materials
News
Qxo, Inc. (QXO) stock news
QXO plunges 43% year to date: How should investors play the stock?
Shares of QXO, Inc. QXO have lost 42.8% over the year-to-date (“YTD”) period compared with the Zacks Technology Services ...
QXO stock tumbles as RBC analyst cuts target
QXO Inc QXO shares are plummeting Wednesday after an RBC Capital Markets analyst cut the price target on the stock while ...
FAQ
Qxo, Inc. (QXO) stock forecast FAQ
What is the Qxo, Inc. (QXO) stock forecast?
Our AI ranks Qxo, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Qxo, Inc. stock predictions?
For QXO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Qxo, Inc. forecasts updated?
Qxo, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Qxo, Inc.'s industry peers?
5 issuers in our coverage, QXO included, share the SEC industry code Wholesale-Lumber & Other Construction Materials. The largest are: Boise Cascade Co (BCC), Aspen Aerogels Inc (ASPN), Capstone Holding Corp. (CAPS), Olenox Industries Inc. (OLOX).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.