QXO (Nasdaq:QXO) - Stock Price, News & Analysis

QXO Stock Overview

Operates as a business application, technology, and consulting company in North America.

QXO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 86.9% below our estimate of its fair value

Revenue is forecast to grow 44.38% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Earnings have declined by 30.6% per year over past 5 years

Highly volatile share price over the past 3 months compared to the US market

QXO, Inc. Competitors

Varonis Systems

NasdaqGS:VRNS

US$6.4b

Commvault Systems

NasdaqGS:CVLT

US$6.0b

UiPath

NYSE:PATH

US$6.9b

Tenable Holdings

NasdaqGS:TENB

US$4.8b

Price History & Performance

Summary of all time highs, changes and price drops for QXO
Historical stock prices
Current Share Price	US$15.34
52 Week High	US$290.00
52 Week Low	US$10.61
Beta	2.29
11 Month Change	-2.48%
3 Month Change	22.72%
1 Year Change	-38.93%
33 Year Change	-67.72%
5 Year Change	-45.37%
Change since IPO	136.73%

Recent updates

Investors Could Be Concerned With SilverSun Technologies' (NASDAQ:SSNT) Returns On Capital

Mar 08

SilverSun Technologies (NASDAQ:SSNT) Could Be Struggling To Allocate Capital

Oct 28

SilverSun Technologies (NASDAQ:SSNT) Is Experiencing Growth In Returns On Capital

Jun 28

A Look At The Intrinsic Value Of SilverSun Technologies, Inc. (NASDAQ:SSNT)

Mar 31

Have Insiders Been Selling SilverSun Technologies, Inc. (NASDAQ:SSNT) Shares?

Dec 30

SilverSun Technologies reports Q3 results

Nov 10

Shareholder Returns

	QXO	US Software	US Market
7D	0.6%	1.3%	-0.09%
1Y	-38.9%	34.0%	38.6%

Return vs Industry: QXO underperformed the US Software industry which returned 33% over the past year.

Return vs Market: QXO underperformed the US Market which returned 39.5% over the past year.

Price Volatility

Is QXO's price volatile compared to industry and market?
QXO volatility
QXO Average Weekly Movement	23.8%
Software Industry Average Movement	7.4%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.2%
10% least volatile stocks in US Market	3.0%

Stable Share Price: QXO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: QXO's weekly volatility has decreased from 42% to 24% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
n/a	195	Brad Jacobs	www.qxo.com

QXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services.

QXO, Inc. Fundamentals Summary

How do QXO's earnings and revenue compare to its market cap?
QXO fundamental statistics
Market cap	US$6.35b
Earnings (TTM)	-US$8.14m
Revenue (TTM)	US$57.11m

110.0x

P/S Ratio

-771.3x

P/E Ratio

Is QXO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QXO income statement (TTM)
Revenue	US$57.11m
Cost of Revenue	US$34.58m
Gross Profit	US$22.52m
Other Expenses	US$30.67m
Earnings	-US$8.14m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	39.44%
Net Profit Margin	-14.26%
Debt/Equity Ratio	0.2%

How did QXO perform over the long term?

See historical performance and comparison

QXO Stock Overview

Rewards

Risk Analysis

QXO, Inc. Competitors

NasdaqGS:VRNS

US$6.4b

NasdaqGS:CVLT

US$6.0b

NYSE:PATH

US$6.9b

NasdaqGS:TENB

US$4.8b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released

New major risk - Shareholder dilution

QXO, Inc. announced that it expects to receive $620.000009 million in funding from A Fin Management LLC and other investors

Now 28% undervalued after recent price drop

QXO Receives Letter from Nasdaq Due to Non-Compliance with the Minimum 500,000 Publicly Held Shares Requirement Pursuant to Nasdaq Listing Rule 5550(a)(4)

Now 26% undervalued after recent price drop

Recent updates

Second quarter 2024 earnings released

New major risk - Shareholder dilution

QXO, Inc. announced that it expects to receive $620.000009 million in funding from A Fin Management LLC and other investors

Now 28% undervalued after recent price drop

QXO Receives Letter from Nasdaq Due to Non-Compliance with the Minimum 500,000 Publicly Held Shares Requirement Pursuant to Nasdaq Listing Rule 5550(a)(4)

Now 26% undervalued after recent price drop

QXO Receives Letter from Nasdaq Due to Non-Compliance with the Minimum 500,000 Publicly Held Shares Requirement Pursuant to Nasdaq Listing Rule 5550(a)(4)

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 25% undervalued after recent price drop

QXO, Inc. announced that it expects to receive $3.499999998 billion in funding

President of SilverSun Technologies recently sold US$5.2m worth of stock

QXO, Inc. Announces CFO Changes

First quarter 2024 earnings released: EPS: US$0.026 (vs US$0.053 in 1Q 2023)

Chairman recently sold US$115k worth of stock

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.055 loss in FY 2022)

Insufficient new directors

SilverSun Technologies, Inc. announced that it expects to receive $1 billion in funding from Sequoia Heritage, Jacobs Private Equity, LLC, JPE Inc., SilverSun Technologies, Inc.

SilverSun Technologies, Inc., Annual General Meeting, Dec 19, 2023

Investor sentiment deteriorates as stock falls 15%

SilverSun Technologies (NASDAQ:SSNT) Might Have The Makings Of A Multi-Bagger

SilverSun Technologies, Inc. Declares Special Cash Dividend, Payable on August 25, 2023

Second quarter 2023 earnings released: EPS: US$0.065 (vs US$0.017 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.053 (vs US$0.008 loss in 1Q 2022)

Full year 2022 earnings released: US$0.055 loss per share (vs US$0.027 loss in FY 2021)

Now 21% undervalued after recent price drop

Now 20% undervalued

Now 20% undervalued after recent price drop

Third quarter 2022 earnings released: US$0.026 loss per share (vs US$0.06 loss in 3Q 2021)

SilverSun Technologies, Inc., Annual General Meeting, Dec 15, 2022

Rhodium Enterprises, Inc. entered into a definitive agreement and plan of merger to acquire SilverSun Technologies, Inc. (NasdaqCM:SSNT) in a reverse merger transaction.

Estimating The Intrinsic Value Of SilverSun Technologies, Inc. (NASDAQ:SSNT)

Now 20% undervalued

Second quarter 2022 earnings released: US$0.017 loss per share (vs US$0.026 profit in 2Q 2021)

SilverSun Technologies GAAP EPS of -$0.02, revenue of $10.64M

Is SilverSun Technologies (NASDAQ:SSNT) Using Debt In A Risky Way?

First quarter 2022 earnings released: US$0.008 loss per share (vs US$0.074 profit in 1Q 2021)

Full year 2021 earnings released: US$0.027 loss per share (vs US$0.039 profit in FY 2020)

Investors Could Be Concerned With SilverSun Technologies' (NASDAQ:SSNT) Returns On Capital

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: US$0.06 loss per share (vs US$0.012 profit in 3Q 2020)

Investor sentiment improved over the past week

SilverSun Technologies (NASDAQ:SSNT) Could Be Struggling To Allocate Capital

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$0.026 (vs US$0.007 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.60 per share

SilverSun Technologies (NASDAQ:SSNT) Is Experiencing Growth In Returns On Capital

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.074 (vs US$0.065 loss in 1Q 2020)

A Look At The Intrinsic Value Of SilverSun Technologies, Inc. (NASDAQ:SSNT)

Full year 2020 earnings released: EPS US$0.039 (vs US$0.33 loss in FY 2019)

New 90-day high: US$6.40