Oppenheimer Raises PT on QXO (QXO) Stock
Key takeaways
- Oppenheimer Raises PT on QXO (QXO) Stock Bob Karr Sun, May 10, 2026 at 10:54 PM GMT+7 1 min read QXO BLD QXO, Inc.
- (NYSE:QXO) stated that the acquisition is expected to expand its scale and capabilities throughout the building products value chain.
- (NYSE:QXO)’s positions in roofing, waterproofing, lumber-related building materials, as well as related associated products, with TopBuild’s insulation capabilities.
Oppenheimer Raises PT on QXO (QXO) Stock Bob Karr Sun, May 10, 2026 at 10:54 PM GMT+7 1 min read QXO BLD QXO, Inc. (NYSE:QXO) is one of the Unstoppable Stocks to Buy in 2026. On May 5, Oppenheimer analyst Scott Schneeberger lifted its price objective on the company’s stock to $32 from $30 and kept an “Outperform” rating on the shares. Notably, the firm remains positive on the company after QXO, Inc. (NYSE:QXO) announced that it will acquire Top Build for $17 billion.
Notably, QXO, Inc. (NYSE:QXO) stated that the acquisition is expected to expand its scale and capabilities throughout the building products value chain. This transaction is anticipated to be immediately and significantly accretive to the company’s earnings.
This combination will bring together QXO, Inc. (NYSE:QXO)’s positions in roofing, waterproofing, lumber-related building materials, as well as related associated products, with TopBuild’s insulation capabilities. This will result in a higher-margin business possessing expansive value-added offerings for customers. The acquisition is projected to close in Q3 2026. After the completion of the TopBuild transaction, QXO, Inc. (NYSE:QXO) will operate in an addressable market of over $300 billion.