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Upturn AI Summary - About
QXO, Inc.(QXO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QXO
11/02/2026: QXO (3-star) is currently NOT-A-BUY. Pass it for now.
QXO, Inc. is a publicly traded building products distribution and installation company that has recently pivoted to a tech-forward M&A-driven strategy under CEO Brad Jacobs. The company has rapidly built a leading national footprint by acquiring significant players like Beacon Roofing Supply and TopBuild, positioning itself to consolidate a highly fragmented $800 billion industry. While QXO offers significant growth potential through scale and digital efficiency, investors should weigh the risks of high integration complexity, debt levels, and sensitivity to cyclical construction demand. It is best suited for growth-oriented investors capable of managing high volatility and monitoring the company's ability to convert acquisitions into long-term earnings.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | QXO is a classic roll-up growth story targeting massive expansion in a large, fragmented market. |
| Momentum investor | Strong fit while signal remains positive | High volatility and M&A-driven news flow create significant momentum opportunities for active traders. |
| Value investor | Weak fit | Current valuation is based on future growth expectations rather than current earnings multiples. |
| Dividend investor | Weak fit | QXO is in a capital-intensive growth phase and does not offer dividends. |
| Low-risk investor | Weak fit | The aggressive acquisition model and reliance on capital markets create higher-than-average risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Heavy M&A activity and speculative growth pricing lead to significant price swings. |
| Valuation risk | Medium / high | The stock trades at a premium based on long-term execution targets that are not yet realized. |
| Competition risk (traditional incumbents) | Medium | QXO must continuously out-compete massive, established players like Home Depot and regional distributors. |
| Business quality | Medium | The company is still in the early stages of integrating diverse platforms into a cohesive, high-quality business. |
| Dividend income | Low / none | QXO is growth-focused and provides no income to shareholders. |
| Execution risk | High | The company's success depends entirely on effectively merging multiple large acquisitions and achieving synergies. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 272.8% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.45B USD | Price to earnings Ratio - | 1Y Target Price 24.06 |
Price to earnings Ratio - | 1Y Target Price 24.06 | ||
Volume (30-day avg) 22.1M shares | Beta 2.28 | 52 Weeks Range 10.04 - 27.61 | Updated Date 11/01/2026 |
52 Weeks Range 10.04 - 27.61 | Updated Date 11/01/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.89 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Distribution | Selling insulation, roofing materials, and lumber through a massive national network of locations. | The core of the business is the volume of building materials sold to professional contractors and builders. |
| Installation Services | Providing professional installation for insulation and specialized building products. | This adds a service-revenue layer that creates deeper relationships with homebuilders. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-11-05 | When After Market | Estimate 0.13 | Actual - |
Profitability
Profit Margin -5.17% | Operating Margin (TTM) 1.29% |
Management Effectiveness
Return on Assets (TTM) -0.27% | Return on Equity (TTM) -4.6% |
Valuation
Trailing PE - | Forward PE 21.23 | Enterprise Value 16.77B | Price to Sales(TTM) 1.16 |
Enterprise Value 16.77B | Price to Sales(TTM) 1.16 | ||
Enterprise Value to Revenue 1.69 | Enterprise Value to EBITDA 37.74 | Shares Outstanding 1.04B | Shares Floating 1.03B |
Shares Outstanding 1.04B | Shares Floating 1.03B | ||
Percent Insiders 0.23 | Percent Institutions 94.54 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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