Market news

QXO shares have been through a rough few years, and with the business now pursuing a large building products roll up strategy, the key question is whether the current price can be explained by its sales base. The stock has fallen 68.8% over the past 5 years, which puts pressure on the case that today's valuation can be supported by the revenue it generates. The recent appointment of Ken West to run operations after the TopBuild acquisition may support higher future sales and EBITDA targets,...

QXO stock trades below book value after TopBuild deal. Here's what investors need to consider.

QXO stock outlook: early post-acquisition sales fell, but stabilization, EPS growth and M&A (TopBuild) may drive upside. Click to read my analysis.

On July 1, QXO Inc. (NYSE:QXO) finalized its cash-and-stock acquisition of TopBuild Corp. for a $17 billion consideration. This makes QXO North America’s largest distributor and installer of insulation, the largest distributor of waterproofing products, and the second-largest distributor of roofing products.. Chairman and CEO, Brad Jacobs, noted that the acquisition will enable QXO to […]

QXO earnings and recent performance QXO (QXO) reported second quarter 2026 results on August 13, with sales of US$3.25b and a net loss of US$55m. Six month sales reached US$4.98b, with a net loss of US$282m. See our latest analysis for QXO. QXO's share price has come under pressure despite the recent earnings report and the completion of the TopBuild acquisition, with the stock down 10% over the past week and recording a 26% year to date share price decline and a 5 year total shareholder...

Spyglass Capital Management LLC, an investment management firm, released its second-quarter investor letter for “Spyglass Growth Strategy”. A copy of the letter can be downloaded here. Spyglass Growth Strategy appreciated 24.63% in the second quarter, significantly outperforming the Bloomberg Midcap Growth Index’s 14.05% increase, the Bloomberg 2500 Growth Index’s 19.01% gain, and the Bloomberg 500 […]

QXO, Inc. recently completed several governance and capital moves around its TopBuild acquisition, including appointing Madeline Otero as Interim Chief Accounting Officer, adding former TopBuild Chairman Alec Covington to its board, expanding authorized common shares to 4,000,000,000, filing new shelf registrations, and finalizing tender offers for TopBuild’s senior notes. Taken together with ongoing regulatory scrutiny and weak profitability, these changes highlight how QXO is reshaping its...

KeyBanc maintained its ‘Overweight’ rating despite lowering its price target.