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Added to YB: 2025-08-07

Pitch date: 2025-08-05

QXO [bullish]

QXO, Inc.

+8.45%

current return

Author Info

No bio for this author

Company Info

QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. It offers asphalt, metal roofing, wood roofing, tile roofing, slate roofing, roofing accessories, and roofing insulation products; vinyl siding, aluminum siding, steel siding, fiber cement siding, wood and composite siding, trim and accessories, and gutters and accessories; built-up roofing, modified roofing, EPDM roofing, PVC roofing, and low-slope metal roofing; as well as air and vapor barriers, fluid-applied products, repair and protection solutions, and membrane waterproofing products.

Market Cap

$14.6B

Pitch Price

$19.71

Price Target

30.00 (+40%)

Dividend

N/A

EV/EBITDA

40.11

P/E

-42.57

EV/Sales

3.72

Sector

Trading Companies and Distributors

Category

growth

Show full summary:
Wells Fargo Initiates QXO with $30 Price Target

QXO: Wells Fargo initiates at Overweight, $30 PT. Not typical distributor but long-term growth story targeting 5x revenue ($50B) by 2035 via M&A and tech optimization. Management's proven playbook from XPO/GXO/RXO and URI success. Aims to capture 5+ points in $800B fragmented market.

Read full article (1 min)