QXO trades 65.1% below Wall Street's consensus target of $29.33.
Last 12 months price action with 12-month analyst target path
The base valuation assumes QXO achieves its forward estimates and maintains a stable P/E multiple of 54.9x. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, QXO, Inc. (QXO) has a Wall Street consensus price target of $29.33, based on estimates from 7 covering analysts. With the stock currently trading at $17.76, this represents a potential upside of +65.1%. The company has a market capitalization of $12.88B.
Analyst price targets range from a low of $26.00 to a high of $32.00, representing a 20% spread in expectations. The median target of $30.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, QXO trades at a trailing P/E of -28.2x and forward P/E of 54.9x. Analysts expect EPS to grow +146.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
IBPInstalled Building Products, Inc. | $5.9B | $218.25 | $252.60 | +15.7% | Hold | 21.5x | 27 |
BLDRBuilders FirstSource, Inc. | $8.9B | $80.59 | $106.38 | +32.0% | Buy | 18.8x | 43 |
POOLPool Corporation | $7.3B | $198.99 | $275.00 | +38.2% | Buy | 18.0x | 21 |
HDThe Home Depot, Inc. | $333.0B | $334.28 | $373.92 | +11.9% | Buy | 22.4x | 62 |
LOWLowe's Companies, Inc. | $124.5B | $222.10 | $279.18 | +25.7% | Buy | 17.8x | 51 |
FERGFerguson plc | $46.4B | $238.35 | $294.50 | +23.6% | Buy | 21.1x | 14 |
WCCWESCO International, Inc. | $17.8B | $365.36 | $383.25 | +4.9% | Buy | 22.7x | 33 |
MSMMSC Industrial Direct Co., Inc. | $6.6B | $118.51 | $111.00 | -6.3% | Hold | 27.2x | 28 |
GWWW.W. Grainger, Inc. | $64.5B | $1365.41 | $1275.38 | -6.6% | Hold | 29.9x | 38 |
MLMMartin Marietta Materials, Inc. | $36.7B | $609.12 | $684.55 | +12.4% | Buy | 31.9x | 40 |
Quick answers to the most common questions about buying QXO stock.
The consensus Wall Street price target for QXO is $29.33, representing 65.1% upside from the current price of $17.76. With 7 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
QXO has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $29.33 implies 65.1% upside from current levels.
At a forward P/E of 54.9335x, QXO trades at a premium valuation. The consensus price target of $29.33 (65.1% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $32 for QXO, while the most conservative target is $26. The consensus of $29.33 represents the median expectation. These targets typically reflect 12-month expectations.
QXO is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month QXO stock forecast based on 7 Wall Street analysts shows a consensus price target of $29.33, with estimates ranging from $26 (bear case) to $32 (bull case). The median consensus rating is "Buy".
QXO trades at a forward P/E ratio of 54.9x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on QXO, with a "Buy" consensus rating and $29.33 price target (65.1% upside). 7 of 7 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
QXO analyst price targets range from $26 to $32, a 20% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $29.33 consensus represents the middle ground.
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