QXO (NYSE:QXO) Hits New 12-Month High – Time to Buy?

QXO, Inc. (NYSE:QXO) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $27.14 and last traded at $27.1350, with a volume of 17200954 shares traded. The stock had previously closed at $23.21.

Key QXO News

Here are the key news stories impacting QXO this week:

• Positive Sentiment: QXO agreed to buy Kodiak Building Partners for about $2.25 billion; management says the acquisition will be highly accretive to 2026 earnings and expands QXO’s addressable market to more than $200 billion. QXO to Buy Kodiak Building Partners for $2.25 Billion
• Positive Sentiment: Market reaction: the stock climbed to a new 52‑week high as investors supported the strategic move to scale and broaden distribution reach. QXO Climbs to 52-Week High on $2.25-Billion Kodiak Takeover
• Positive Sentiment: Deal enhances competitive position versus big-box retailers (Home Depot, Lowe’s) by adding Kodiak’s distribution footprint and product mix, signaling a larger go‑to‑market scale for QXO. Exclusive: Jacobs’ QXO to buy Kodiak for $2.25 billion
• Neutral Sentiment: Consideration mix: the purchase price is reported as roughly $2.0 billion cash plus 13.2 million QXO shares, which spreads cost between cash and equity. QXO to Buy Kodiak Building for $2.25 Billion
• Neutral Sentiment: Broker consensus: analysts surveyed give QXO an average recommendation of “Moderate Buy,” supporting the view that the deal could be value-accretive but not without execution risk. QXO Receives Average Recommendation of “Moderate Buy”
• Negative Sentiment: Risks: equity issuance (13.2M shares) can be dilutive and the large cash component will use balance-sheet liquidity or increase leverage — integration execution and competitive responses from big-box retailers are key downsides to monitor. Court Square to sell Kodiak Building Partners to QXO Inc for $2.25bn

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Loop Capital began coverage on shares of QXO in a report on Thursday, December 11th. They set a “buy” rating and a $31.00 target price on the stock. Royal Bank Of Canada set a $30.00 price objective on shares of QXO in a report on Friday, January 9th. Benchmark restated a “buy” rating on shares of QXO in a report on Friday, January 16th. Oppenheimer boosted their price target on QXO from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of QXO in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.43.

QXO Stock Performance

The company has a market cap of $18.30 billion, a PE ratio of -61.67, a P/E/G ratio of 2.85 and a beta of 2.55. The company has a current ratio of 3.06, a quick ratio of 2.24 and a debt-to-equity ratio of 0.37. The firm’s 50-day simple moving average is $22.59 and its two-hundred day simple moving average is $20.47.

Institutional Trading of QXO

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. American Capital Advisory LLC grew its holdings in shares of QXO by 258.0% during the second quarter. American Capital Advisory LLC now owns 1,167 shares of the company’s stock worth $25,000 after buying an additional 841 shares in the last quarter. Bogart Wealth LLC purchased a new position in QXO during the third quarter worth approximately $25,000. Allworth Financial LP boosted its stake in QXO by 1,740.9% during the second quarter. Allworth Financial LP now owns 1,215 shares of the company’s stock worth $26,000 after buying an additional 1,149 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in QXO in the 2nd quarter valued at $28,000. Finally, LRI Investments LLC increased its stake in shares of QXO by 129.1% in the 4th quarter. LRI Investments LLC now owns 1,482 shares of the company’s stock worth $29,000 after acquiring an additional 835 shares during the last quarter. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Company Profile

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.