QX QXO QXO, Inc. Loading... : Bullish and Bearish Analyst Opinions

Short QXO common as the hedge leg of a convertible preferred arbitrage against long QXOPRB, capturing the preferred's discount to conversion value and dividend carry.

Brad Jacobs argues the TopBuild acquisition is an out-of-consensus pivot that adds installation to QXO's distribution business. The combined company has a few hundred thousand customers, creating a large cross-sell opportunity, especially into data centers, which buy nearly everything the company sells except windows. He also sees procurement overlap making the combined company a billion-dollar-plus customer for many vendors. Brad says the market has not yet fully appreciated how good the deal is and that it may be his best deal yet.

The CEO is successfully putting together a building products conglomerate, and when the Fed cuts rates, the stock could run from 14 to 24.

The author lists a massive basket of tickers without any directional commentary or position disclosure, so all are indexed as

UBS, Leerink Partners, BofA, JPMorgan, Truist, Exane BNP Paribas, and Wells Fargo issued multiple analyst upgrades and initiations across a range of stocks including Edwards Lifesciences, Enovis, Gossamer Bio, Honeywell, International Paper, Intuitive Surgical, Magnolia Oil & Gas, Nutrien, QXO, and Stryker.

QXO is a buy because interest rates have likely peaked with a new Fed chief, which will benefit the stock.

2XO (Brad Jacobs) is a winner; acquisitions and eventual rate cuts should drive the stock from $20 to $30.

Brad Jacobs is aggressively consolidating the homebuilding products and insulation space through QXO, having just acquired TopBuild for $17 billion, and is well-funded to continue making both large and small acquisitions.

Buy QXO as Brad Jacobs executes a John Malone-style serial acquirer playbook — issuing 50x P/E paper to acquire assets at 22x, generating automatic accretion on close, with $300M in synergies by 2030 in a fragmented $800B building products market.

Buy QXO as author discloses an active core holding, re-entered in February and at March lows; company has reached scale as the second-largest building products supplier in the U.S., supporting a long-term consolidation thesis.

QXO, led by serial entrepreneur Brad Jacobs, is consolidating the fragmented building products market. Jacobs plans to increase EBITDA from $1 billion to $5 billion by 2029-30 by adding efficiency, technology, and taking pricing in the industry.

Buy QXO alongside homebuilder theme; Brad Jacobs-led building supply roll-up benefited from oil-driven sector selloff creating an entry point in a quality compounder.