Market Overview - US stock index futures are all down ahead of the market opening, with Dow futures down 0.16%, S&P 500 futures down 0.21%, and Nasdaq futures down 0.23% [1] - European indices show positive performance, with Germany's DAX up 0.91%, UK's FTSE 100 up 0.45%, France's CAC40 up 0.55%, and the Euro Stoxx 50 up 0.85% [2][3] Commodity Prices - WTI crude oil is up 0.35%, trading at $73.76 per barrel, while Brent crude oil is down 2.44%, trading at $76.93 per barrel [3][4] Corporate News - Accenture (ACN.US) reported a 7.5% increase in Q3 revenue to $17.7 billion, with a GAAP EPS of $3.49, and a significant surge in generative AI orders amounting to $1.5 billion [8] - SoftBank (SFTBY.US) plans to collaborate with TSMC (TSM.US) to create a $1 trillion AI and robotics industrial park in Arizona, aiming to replicate China's manufacturing success [9] - Meta (META.US) has invested $14.3 billion in AI startup Scale AI and is targeting further talent acquisition from Safe Superintelligence [10] - TerraPower, a nuclear startup founded by Bill Gates, has secured $650 million in funding, with Nvidia's venture arm participating, as it prepares for regulatory approval of its first commercial nuclear reactor [11] - Home Depot (HD.US) has made a takeover bid for GMS (GMS.US), potentially leading to a bidding war with QXO (QXO.US) [12] Economic Data and Events - Upcoming economic data includes the US June Philadelphia Fed Manufacturing Index and the May Conference Board Leading Economic Index [12]

Group 1 - QXO has proposed to acquire GMS for approximately $5 billion, offering $95.20 per share, which is a 27% premium over GMS's 60-day volume-weighted average price of $74.82 [1] - GMS's stock rose nearly 11% to $81.01 following the announcement, with after-hours trading pushing it up an additional 17.27% to around $95 [1] - QXO's CFO emphasized the straightforward nature of the offer, stating it is at the upper end of their valuation range [1] Group 2 - Following the acquisition of Beacon Roofing Supply, QXO has become the largest publicly traded building products distributor in the U.S., with a market capitalization nearing $13 billion after a 42% increase in stock price this year [2] - QXO is willing to sign a confidentiality agreement with GMS, provided it does not include clauses that would hinder direct communication with GMS shareholders [2] - QXO has engaged Goldman Sachs and Morgan Stanley as financial advisors and Wharton & Garrison as legal counsel for the acquisition proposal [2]

Core Viewpoint - QXO, Inc. is showing a significantly improving earnings outlook, making it a potentially solid investment choice as analysts continue to raise their earnings estimates for the company [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding QXO's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, QXO is projected to earn $0.09 per share, reflecting a -97.2% change from the previous year, but the Zacks Consensus Estimate has increased by 280% over the last 30 days due to one upward revision [6]. - For the full year, the earnings estimate stands at $0.35 per share, representing a +450% change from the year-ago figure, with one estimate moving up and no negative revisions in the past month [7]. Zacks Rank - QXO has achieved a Zacks Rank 2 (Buy), supported by favorable estimate revisions, which is a reliable tool for investors to leverage earnings estimate trends for investment decisions [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, indicating a strong potential for QXO's stock [8]. Stock Performance - QXO shares have increased by 23.5% over the past four weeks, suggesting that investors are responding positively to the company's impressive estimate revisions [9].

Core Viewpoint - QXO, Inc. shows significant potential for upside, with a mean price target of $34.33 indicating a 70.8% increase from the current trading price of $20.10, which has already gained 23.5% over the past four weeks [1]. Price Targets and Analyst Consensus - The average price target for QXO ranges from a low of $27 to a high of $44, with a standard deviation of $8.74, suggesting variability in analyst estimates. The lowest estimate indicates a 34.3% increase, while the highest suggests an 118.9% upside [2]. - A low standard deviation among price targets indicates strong agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9]. Earnings Estimates and Analyst Optimism - Analysts have shown growing optimism regarding QXO's earnings prospects, as evidenced by a positive trend in earnings estimate revisions. This trend has a strong correlation with near-term stock price movements [11]. - Over the last 30 days, one earnings estimate for QXO has increased, leading to a Zacks Consensus Estimate rise of 391.7% [12]. Zacks Rank and Investment Potential - QXO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13].

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - QXO, Inc. has shown a significant price increase of 49.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 23.5% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, QXO is trading at 92.9% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - QXO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like QXO that have the fundamental strength to sustain their recent uptrends [3]. - The article suggests that there are several other stocks passing through this screen, indicating potential investment opportunities [8].

Company Overview - QXO is a new company that is expected to gain significant recognition among investors, founded by an entrepreneur with a history of establishing or controlling five publicly listed companies [1]. Analyst Background - The analyst, Joseph Shaefer, has extensive experience in military service, academia, and investment banking, having served as a senior executive at Charles Schwab [2]. - His investment approach encompasses deep dives into sectors such as Energy, Resources, Aerospace and Defense, and Infrastructure, while also focusing on income-generating investments like ETFs and preferred shares [2]. Investment Group Features - The Investor's Edge® offers unique features for subscribers, including a Growth & Value sample portfolio, early notifications of articles, and real-time updates on investment activities [2]. - Subscribers benefit from five decades of experience and receive 2 to 4 exclusive articles monthly, along with access to community discussions [2].

Core Insights - Roofr has announced a strategic integration with QXO, enhancing the capabilities of roofing contractors by providing real-time material pricing and integrated ordering [1][3][4] Company Overview - Roofr, founded in 2015, is a leading provider of roofing software solutions, offering tools for CRM, instant estimates, roof measurement reports, proposals, material ordering, payments, and invoicing [6] - QXO, Inc. is the largest publicly traded distributor of commercial and residential roofing products in North America, aiming to become a tech-enabled leader in the $800 billion building products distribution industry [1][4] Integration Benefits - The integration allows roofing contractors to access live material costs based on individual contracts, streamlining proposal creation and reducing manual data entry [3][7] - Contractors can place integrated material orders through Roofr and view real-time product availability, improving scheduling and reducing project delays [3][7] - The collaboration enhances operational efficiency and profitability for roofing professionals by providing up-to-date pricing and effortless ordering [4][7] Future Goals - QXO is targeting $50 billion in annual revenue within the next decade through a focus on accretive acquisitions and organic growth [4]

Core Viewpoint - QXO, a building products distributor, has received a bullish price target from Wolfe Research, leading to a significant increase in its stock price [1][4]. Company Overview - QXO was established by entrepreneur Brad Jacobs with the aim of consolidating the building products distribution sector [3]. - The company completed an $11 billion acquisition of Beacon Roofing Supply in April and plans to increase its revenue from approximately $10 billion to $50 billion in the coming years [3]. Analyst Insights - Wolfe Research analyst Trevor Allinson initiated coverage on QXO with an "outperform" rating and set a price target of $44, which is over 150% higher than the stock's closing price of $16.75 [4]. - Allinson highlighted QXO's potential for superior EBITDA growth, forecasting a 35% compound annual growth rate over the next five years, significantly outpacing the industry average [5]. Management and Strategy - Brad Jacobs has a proven track record with over 500 acquisitions, having built two of the top 10 Fortune 500 companies in the last decade [6]. - QXO's management team is expected to leverage a combination of acquisitions and technology to drive both organic and inorganic growth [7]. - The company recently completed a secondary offering to enhance its acquisition capabilities [7].

QXO, Inc. (QXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of 60%.Over the last four quarters, the company has surpassed consens ...

or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38063 QXO, INC. (Exact name of registrant as specified in its charter) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________ FORM 10-Q ____________ Delaware (State or other jurisdiction of ...