TickerTalks
Browse all tickers →
TickerTalks›$QXO
QXQXO

QXO, Inc.

$QXO·$12B·Industrial - Distribution·Industrials
$14.51-2.6%YTD-20.3%1Y-31.0%
Mentions · last 7 days
2026-08-08: 3 posts2026-08-09: 3 posts2026-08-10: 23 posts2026-08-11: 10 posts2026-08-12: 18 posts2026-08-13: 45 posts2026-08-14: 22 posts124+33%
Price updated 23h ago·X counts updated 21h ago
QXQXO
$QXOQXO, Inc.
$14.51-2.55%124 posts+33%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $QXO, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Comeback attemptEvent coming upAI verdict · as of 2026-08-15

A known event soon (earnings, a ruling, etc.) will likely decide the next move.

Brad Jacobs's roll-up of the roofing-distribution industry — top-line is up triple digits from acquisitions, but Wednesday's miss shows integration is not yet clean.

QXO is a pure roll-up story: Brad Jacobs (of XPO fame) is buying up regional roofing and building-products distributors and trying to be to that industry what Ferguson is to plumbing.

  • Q1 revenue $1.73B, +127% YoY, but that's acquisition-driven, not organic; EPS -$0.35 on integration costs.
  • Q2 (reported August 13) missed consensus — Zacks flagged it as a miss and the stock fell ~20% in July heading into the print, which tells you sentiment was already fragile.
  • Analyst consensus 2026 EPS $0.31 rising to $0.73 in 2027 and $1.19 in 2028 — a huge growth ramp priced in that requires clean integration of TopBuild and Kodiak.
  • Doubled authorized share count to 4B — gives the M&A runway the strategy requires but explicitly warns of more dilution to come.
  • Baillie Gifford has been adding, which is a stamp of quality-growth confidence.

The fundamental question is whether TopBuild and Kodiak integration produces the margin expansion the model needs (getting gross margin from 16% toward the 25% Ferguson-style benchmark). The market is giving no benefit of the doubt right now — stock is -30% TTM.

Agrees with X sentimentThe X bull thesis on scale, margin expansion, and roll-up compounding is directionally right on the strategy — Jacobs's track record deserves the credit the chatter is giving him. What the bulls are understating is that Q2 was a miss and the doubled share authorization is a real dilution overhang until the integration proves out.

What to watch: Next Q3 print — organic same-store growth stripped of acquisition contribution, and any commentary on TopBuild/Kodiak margin trajectory. The doubled share authorization means next equity raise timing is the pivotal capital-structure event.

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-08-14

QXO is bullish. Spyglass Growth Strategy long thesis on roofing/waterproofing distribution scale, margin expansion, and attractive valuation. Post-TopBuild + Kodiak integration first earnings on Aug 13 with potential massive re-rate. Doubled authorized shares to 4B gives runway for next raise. Consolidation growth compounder framing.

Read the AI verdict + X sentiment for $QXO

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Building products distributor focused on roofing and waterproofing materials, led by Brad Jacobs with a tech-enabled distribution rollup strategy.

Industry overviewAI analysisGenerated by AI from underlying data

Where Industrial - Distribution sits in its cycle right now — and what that implies for $QXO.

Industrial - Distribution · Industrials

No material change from last week — water and wastewater infrastructure replacement and upgrade cycles, supported by federal infrastructure spending, drive sustained demand for water, storm, and..

What this means for $QXO

Partial — Building products distributor focused on roofing and waterproofing materials, led by Brad Jacobs with a tech-enabled distribution rollup strategy; partial earnings exposure to industrial - distribution demand dynamics through its product portfolio.

Top industry ETF

$XLIIndustrial Select Sector SPDR
+19.8%YTD
+23.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-19.5How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-1.9%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-4.0%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.5%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
1.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-5.2%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
16.2%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.4Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 13, 2026$0.08$0.08+1.7%
Q1 2026May 12, 2026$-0.12$-0.10-24.8%
Q4 2025Feb 25, 2026$0.02$0.02+1.9%
Q3 2025Nov 6, 2025$0.14$0.12+16.7%

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$1.7B+12708.7%14.2%-11.8%$-0.35$48.1M
Q4 FY25$2.2B+14782.3%16.9%-1.8%$-0.17$158.2M
Q3 FY25$2.7B+20639.6%17.5%2.2%$-0.24$182.4M
Q2 FY25$1.9B+13047.6%15.5%-8.5%$-0.15$-193.1M

Forward consensus

5-year forecast · up to 8 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$14.0B$13.8B – $14.3B$0.31$0.17 – $0.448
FY27$19.3B$16.0B – $22.6B$0.73$0.55 – $0.917
FY28$24.0B$23.6B – $24.4B$1.19$0.58 – $1.806
FY29$30.4B$27.4B – $33.2B$1.72$1.51 – $1.935
FY30$35.8B$32.3B – $39.1B$2.24$1.95 – $2.513

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.0×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.9%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-6.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-25.3%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 942.9M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today2.7% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β2.305-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 16 other (10 awards · 6 exempts) in window

See when $QXO insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDJul 98-K — Item 7.01: Press release / Reg FD
AI summary

QXO Inc. (QXO) furnished a Regulation FD disclosure on July 9, 2026, consisting of a Q&A document dated July 9, 2026, and supplemental financial information. These materials were provided to investors as part of ongoing investor relations activity. The specific financial details and Q&A content are in the attached exhibits. The disclosure was furnished (not filed) under Item 7.01.

3New insider — initial holdingsJul 23
AI summary

QXO, Inc. filed an initial Form 3 for Madeline Otero, newly appointed Interim Chief Accounting Officer, as of July 1, 2026. She directly holds 868 shares of QXO common stock ($0.00001 par value). This is a routine Section 16(a) officer disclosure filed coincident with QXO's completion of the TopBuild acquisition on July 1, 2026.

3New insider — initial holdingsJul 23
AI summary

QXO, Inc. filed an initial Form 3 for Alec C. Covington, newly appointed Director, as of July 1, 2026. No common shares are reported in Table I; derivative security holdings (if any) are not visible in the excerpt. This is a routine new-director Section 16 disclosure filed at the time of QXO's TopBuild acquisition close.

S-3ASRAuto-shelf registrationJul 1S-3ASR
AI summary

QXO, Inc. filed a Form S-3ASR to register 19,352 shares of common stock assumed from TopBuild Corp. equity awards in connection with the TopBuild merger agreement (April 18, 2026). This is a minimal housekeeping registration covering assumed incentive equity for former TopBuild employees — 19,352 shares represents a negligible fraction of QXO's total share count and has no material market impact.

8-KMaterial agreementJul 18-K — Item 1.01: Material agreement · Item 2.01: Acquisition completed · Item 2.03: Material debt obligation · Item 3.03 · Item 5.02: Officer or director change · Item 5.03: Charter amendment · Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

QXO, Inc. completed the acquisition of TopBuild Corp. on July 1, 2026 (the 'TopBuild Acquisition'), filing a comprehensive 8-K covering Items 1.01, 2.01, 2.03, 3.03, 5.02, 5.03, 7.01, 8.01, and 9.01. Key elements include: an Incremental Term Loan Amendment (Amendment No. 2) under QXO Building Products' existing credit agreement, closure of the TopBuild merger, new financing arrangements, changes to corporate structure, director appointments, and investor presentation disclosure. This is QXO's transformative third major acquisition in 2026 following Beacon and Kodiak, creating a major building products distribution platform.

8-KShareholder voteJun 298-K — Item 5.07: Shareholder vote · Item 7.01: Press release / Reg FD
AI summary

QXO held a virtual special meeting of stockholders on June 29, 2026 to vote on (i) issuing QXO common stock as merger consideration to TopBuild shareholders in the pending Titanium Merger and (ii) a related proposal. The shares vote approving the stock issuance was a required step to complete the TopBuild acquisition. Vote outcome (presumably approved) enabled the deal's July 1, 2026 close. Also provides the investor presentation as Exhibit 99.1.

8-KMaterial agreementJun 178-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation · Item 8.01: Other event
AI summary

QXO Building Products completed a $3.0 billion private note offering on June 17, 2026: $1.5 billion of 6.500% Senior Notes due 2031 and $1.5 billion of 6.875% Senior Notes due 2034, both issued at 100% of principal. Gross proceeds were placed into an escrow account pending the TopBuild Acquisition close; if the acquisition does not close, the notes are subject to Special Mandatory Redemption. The notes are investment-grade-style but privately placed (144A/Reg S). This $3B debt raise is the primary acquisition financing for the TopBuild deal — a defining financing event for QXO's building-products roll-up strategy.

8-KPress release / Reg FDJun 48-K — Item 7.01: Press release / Reg FD
AI summary

QXO announced via Regulation FD on June 3-4, 2026 that its subsidiary QXO Building Products priced a $3.0 billion note offering: $1.5B of 6.500% Notes due 2031 and $1.5B of 6.875% Notes due 2034, both at 100% issue price, with close expected June 17, 2026. The offering is 144A/Reg S (qualified institutional buyers only) to finance the TopBuild acquisition. This is the pricing announcement preceding the actual closing and escrow funding, which occurred on June 17.

+ 50 other (9 routine 8-Ks · 8 13Gs · 8 425s · 5 8-Ks) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

QXO, Inc. (QXO) Misses Q2 Earnings Estimateszacks.com·2d agoQXO Reports Second Quarter 2026 Resultsbusinesswire.com·2d agoWhy QXO, Inc. Fell Over 20% in Julyfool.com·6d agoBaillie Gifford Expands QXO Inc (QXO) Stake -- Shares Trade Near GF Valuegurufocus.com·8d agoEarnings Preview: QXO, Inc. (QXO) Q2 Earnings Expected to Declinezacks.com·9d ago

More in Industrial - Distribution

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$WXM$FERG$CNM$DSGR$RUSMF
Voices on X · top 2 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport