Oppenheimer Remains a Buy on QXO Inc (QXO)
In a report released today, Scott Schneeberger from Oppenheimer maintained a Buy rating on QXO Inc, with a price target of $27.00.
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According to TipRanks, Schneeberger is a 5-star analyst with an average return of 11.4% and a 59.24% success rate. Schneeberger covers the Industrials sector, focusing on stocks such as XPO, QXO Inc, and WillScot Mobile Mini Holdings.
In addition to Oppenheimer, QXO Inc also received a Buy from William Blair’s Ryan Merkel in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on QXO Inc (NYSE: QXO).
Based on QXO Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.91 billion and a GAAP net loss of $58.5 million. In comparison, last year the company earned a revenue of $14.54 million and had a GAAP net loss of $591 thousand
Read More on QXO:
Disclaimer & DisclosureReport an Issue
- QXO Inc: Strategic Growth and Resilience Amidst Macroeconomic Challenges
- QXO Inc: Resilient Growth and Strategic Initiatives Support Buy Rating Amid Market Challenges
- QXO reports Q3 EPS 14c, consensus 13c
- QXO Inc call volume above normal and directionally bullish
- QXO Inc Amends Credit Agreement with Goldman Sachs
