QXO, Inc. (QXO) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does QXO, Inc. Do?
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. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. QXO, Inc. is headquartered in Greenwich, Connecticut. QXO, Inc. (QXO) is classified as a large-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Mark Meller and employs approximately 195 people. With a market capitalization of $13.7B, QXO is one of the prominent companies in the Industrials sector.
QXO, Inc. (QXO) Stock Rating — Reduce (April 2026)
As of April 2026, QXO, Inc. receives a Reduce rating with a composite score of 38.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.QXO ranks #3,363 out of 4,446 stocks in our coverage universe. Within the Industrials sector, QXO, Inc. ranks #576 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
QXO Stock Price and 52-Week Range
QXO, Inc. (QXO) currently trades at $21.90. The stock gained $0.72 (3.4%) in the most recent trading session. The 52-week high for QXO is $27.61, which means the stock is currently trading -20.7% from its annual peak. The 52-week low is $11.97, putting the stock 83.0% above its annual trough. Recent trading volume was 8.9M shares, reflecting moderate market activity.
Is QXO Overvalued or Undervalued? — Valuation Analysis
QXO, Inc. (QXO) carries a value factor score of 33/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.40x, versus the sector average of 2.23x. The price-to-sales ratio is 2.92x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, QXO trades at 174.59x EV/EBITDA, versus 5.70x for the sector.
At current multiples, QXO, Inc. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
QXO, Inc. Profitability — ROE, Margins, and Quality Score
QXO, Inc. (QXO) earns a quality factor score of 32/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -1.8%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -1.1% versus the sector average of 3.3%.
On a margin basis, QXO, Inc. reports gross margins of 31.4%, compared to 35.8% for the sector. The operating margin is -138.9% (sector: 6.2%). Net profit margin stands at 46.7%, versus 3.9% for the average Industrials stock. Revenue growth is running at 18664.1% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
QXO Debt, Balance Sheet, and Financial Health
QXO, Inc. has a debt-to-equity ratio of 31.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.58x, indicating strong short-term liquidity. Total debt on the balance sheet is $3.06B. Cash and equivalents stand at $2.31B.
QXO has a beta of 1.46, meaning it is more volatile than the broader market — a $10,000 investment in QXO would be expected to move 45.7% more than the S&P 500 on any given day. The stability factor score for QXO, Inc. is 39/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
QXO, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, QXO, Inc. reported revenue of $4.66B and earnings per share (EPS) of $-0.63. Net income for the quarter was $-172M. Gross margin was 31.4%. Operating income came in at $-209M.
In FY 2025, QXO, Inc. reported revenue of $6.84B and earnings per share (EPS) of $-0.63. Net income for the quarter was $-279M. Gross margin was 23.0%. Revenue grew 11930.7% year-over-year compared to FY 2024. Operating income came in at $-245M.
In Q3 2025, QXO, Inc. reported revenue of $2.73B and earnings per share (EPS) of $-0.24. Net income for the quarter was $-139M. Gross margin was 23.3%. Revenue grew 20639.6% year-over-year compared to Q3 2024. Operating income came in at $26M.
In Q2 2025, QXO, Inc. reported revenue of $1.91B and earnings per share (EPS) of $-0.15. Net income for the quarter was $-59M. Gross margin was 21.1%. Revenue grew 13011.4% year-over-year compared to Q2 2024. Operating income came in at $-162M.
Over the past 8 quarters, QXO, Inc. has demonstrated a growth trajectory, with revenue expanding from $15M to $4.66B. Investors analyzing QXO stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
QXO Dividend Yield and Income Analysis
QXO, Inc. (QXO) does not currently pay a dividend. This is common among growth-oriented companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
QXO Momentum and Technical Analysis Profile
QXO, Inc. (QXO) has a momentum factor score of 54/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 20/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.
QXO vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, QXO, Inc. (QXO) ranks #576 out of 752 stocks based on the Blank Capital composite score. This places QXO in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing QXO against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full QXO vs S&P 500 (SPY) comparison to assess how QXO, Inc. stacks up against the broader market across all factor dimensions.
QXO Next Earnings Date
No upcoming earnings date has been announced for QXO, Inc. (QXO) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy QXO? — Investment Thesis Summary
The quantitative profile for QXO, Inc. suggests caution. The quality score of 32/100 flags below-average profitability. The value score of 33/100 indicates premium valuation. High volatility (stability score 39/100) increases portfolio risk.
In summary, QXO, Inc. (QXO) earns a Reduce rating with a composite score of 38.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on QXO stock.
Related Resources for QXO Investors
Explore more research and tools: QXO vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare QXO head-to-head with peers: QXO vs SOBO, QXO vs TEN, QXO vs GLDD.