QXO trades 121.0% below Wall Street's consensus target of $22.78.
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 43.3x. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 22, 2026, QXO, Inc. (QXO) has a Wall Street consensus price target of $22.78, based on estimates from 8 covering analysts. With the stock currently trading at $10.31, this represents a potential upside of +121.0%. The company has a market capitalization of $10.70B.
Analyst price targets range from a low of $15.00 to a high of $32.00, representing a 75% spread in expectations. The median target of $20.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 8 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 -16.4x and forward P/E of 43.3x. Analysts expect EPS to grow +135.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 IBPInstalled Building Products, Inc. | $5.1B | $187.87 | $216.50 | +15.2% | Hold | 18.1x | 27 |
 BLDRBuilders FirstSource, Inc. | $5.8B | $53.51 | $76.86 | +43.6% | Buy | 17.5x | 44 |
 POOLPool Corporation | $6.3B | $172.44 | $208.71 | +21.0% | Buy | 15.7x | 21 |
 HDThe Home Depot, Inc. | $313.2B | $314.14 | $379.93 | +20.9% | Buy | 20.9x | 63 |
 LOWLowe's Companies, Inc. | $110.2B | $196.55 | $244.09 | +24.2% | Buy | 16.0x | 51 |
 FERGFerguson plc | $44.2B | $227.96 | $282.90 | +24.1% | Buy | 20.0x | 17 |
 WCCWESCO International, Inc. | $17.0B | $348.92 | $402.22 | +15.3% | Buy | 20.7x | 33 |
 MSMMSC Industrial Direct Co., Inc. | $7.4B | $132.82 | $147.40 | +11.0% | Hold | 28.6x | 29 |
 GWWW.W. Grainger, Inc. | $63.8B | $1351.87 | $1310.56 | -3.1% | Hold | 29.1x | 39 |
 MLMMartin Marietta Materials, Inc. | $30.6B | $509.02 | $618.40 | +21.5% | Buy | 28.9x | 40 |
Quick answers to the most common questions about buying QXO stock.
The consensus Wall Street price target for QXO is $22.78, representing 121.0% upside from the current price of $10.31. With 8 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 8 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $22.78 implies 121.0% upside from current levels.
At a forward P/E of 43.283x, QXO trades at a premium valuation. The consensus price target of $22.78 (121.0% 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 $15. The consensus of $22.78 represents the median expectation. These targets typically reflect 12-month expectations.
QXO is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 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 8 Wall Street analysts shows a consensus price target of $22.78, with estimates ranging from $15 (bear case) to $32 (bull case). The median consensus rating is "Buy".
QXO trades at a forward P/E ratio of 43.3x 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 $22.78 price target (121.0% upside). 8 of 8 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 $15 to $32, a 75% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $22.78 consensus represents the middle ground.
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