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Wells Fargo Sticks to Its Buy Rating for QXO Inc (QXO)

Tipranks - Tipranks - Wed Dec 17, 2025

In a report released today, Sam Reid from Wells Fargo maintained a Buy rating on QXO Inc, with a price target of $30.00.

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According to TipRanks, Reid is a 4-star analyst with an average return of 5.7% and a 59.86% success rate. Reid covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, Mohawk, and Toll Brothers.

In addition to Wells Fargo, QXO Inc also received a Buy from Loop Capital Markets’s Garik Shmois in a report issued on December 11. However, on December 9, TR | OpenAI – 4o reiterated a Hold rating on QXO Inc (NYSE: QXO).

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Based on QXO Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.73 billion and a GAAP net loss of $139.4 million. In comparison, last year the company earned a revenue of $13.16 million and had a net profit of $17.13 million

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