QXO Completes TopBuild Acquisition
QXO has successfully completed its $17 billion acquisition of TopBuild Corp., significantly expanding its presence in the building products sector. This acquisition strengthens QXO's market-leading positions in insulation, waterproofing, roofing, lumber, and other building materials, and is expected to generate at least $300 million in annual synergies by 2030. The company has been on an acquisition spree since its founding in 2023, previously acquiring Beacon Roofing Supply and Kodiak Building Partners.
QXO Stock Gains Overnight: Why TopBuild Acquisition Has Investors Energized
QXO stock gained overnight after completing its $17 billion acquisition of TopBuild, aiming to become an $18 billion annual revenue technology-driven building products distribution business. Despite a lowered price target from KeyBanc due to merger arbitrage and sector weakness, the firm maintained its 'Overweight' rating, signaling confidence in QXO's long-term growth, especially in fast-growing markets like data centers. The acquisition is expected to generate significant annual synergies and remove uncertainty surrounding the stock, with retail sentiment remaining "extremely bullish."
RBC Capital Remains a Buy on QXO Inc (QXO)
RBC Capital analyst Michael Dahl has reiterated a Buy rating on QXO Inc (QXO) with a price target of $27.00. KeyBanc also maintained a Buy rating with a $28.00 price target. The analyst consensus suggests a Strong Buy for QXO Inc, with an average price target of $29.57, indicating a significant upside potential despite the company reporting a GAAP net loss in its latest quarter.
RBC Capital Maintains QXO Inc(QXO.US) With Buy Rating, Cuts Target Price to $27
RBC Capital has reaffirmed its Buy rating on QXO Inc (QXO.US) but has adjusted its price target downward to $27. This adjustment reflects an updated outlook on the company's valuation while maintaining a positive investment recommendation.
QXO, Inc. (QXO) interim CAO reports stock and RSU holdings
QXO, Inc.'s interim Chief Accounting Officer, Madeline Otero, has filed an initial Form 3 disclosing her equity holdings in the company. She directly owns 868 shares of common stock and holds several grants of restricted stock units (RSUs) which represent contingent rights to receive QXO common stock upon vesting. The RSU awards, totaling thousands of underlying shares, are scheduled to vest between February 2027 and February 2029, contingent on her continued service.
QXO - QXO Inc Volatility & Greeks
This article provides a detailed financial overview of QXO Inc. (QXO), including its latest stock performance, key financial metrics like market cap, sales, and earnings, and various valuation ratios. It also highlights insider and institutional ownership, profitability, and stock performance over different periods.
QXO Inc (QXO) Receives a Buy from KeyBanc
KeyBanc analyst Jeffrey Hammond reiterated a Buy rating for QXO Inc with a price target of $28.00, citing his strong track record. The company, which recently reported a quarterly revenue of $1.73 billion and a net loss of $227.1 million, has a Strong Buy consensus rating from analysts with an average price target of $29.57.
QXO Inc (QXO) Receives a Buy from KeyBanc
KeyBanc analyst Jeffrey Hammond reiterated a Buy rating on QXO Inc (QXO) with a price target of $28.00. This recommendation is based on the company's financial performance, which recently reported $1.73 billion in quarterly revenue, despite a GAAP net loss of $227.1 million. The broader analyst consensus for QXO Inc is a Strong Buy with an average price target of $29.57.
QXO Stock And Other US Dollar Beneficiaries Investors May Want To Watch
This article identifies QXO, Chewy, and Pattern Group as potential beneficiaries of a strong US dollar, explaining how currency fluctuations impact companies. It details each company's operations, market cap, and how they are positioned to benefit from a stronger dollar, while also highlighting their unique financial considerations and risks. The article encourages investors to use Simply Wall St's tools for further research into these and other US dollar beneficiaries.
QXO Completes TopBuild Acquisition and Expands Capital Structure
QXO has successfully completed its acquisition of TopBuild Corp., making TopBuild a wholly-owned subsidiary and delisting its shares from the NYSE. The acquisition was financed through a $3 billion incremental term loan, new senior note guarantees, increased share authorizations, and a combination of cash and stock paid to TopBuild shareholders. Following the acquisition, former TopBuild chairman Alec Covington joined QXO’s board, and TopBuild’s Chief Accounting Officer, Madeline Otero, was appointed QXO’s Interim Chief Accounting Officer.
QXO (NYSE: QXO) registers 19,352 shares for former TopBuild RSUs after merger
QXO, Inc. has filed an S-3 Registration Statement to register 19,352 shares of its common stock. These shares are intended for the vesting and settlement of restricted stock units (RSUs) and performance stock units (PSUs) from TopBuild Corp., which QXO assumed following its acquisition of TopBuild. The registered shares are for awards held by former TopBuild employees, and QXO will not receive any proceeds from their issuance.
QXO Completes Acquisition of TopBuild
QXO, Inc. announced on July 1, 2026, the completion of its previously disclosed acquisition of TopBuild Corp., a specialist in insulation and building material distribution and installation. This acquisition positions QXO as a leader in North American building product categories and expands its market reach into growing sectors like data centers. Alec Covington, former Chairman of TopBuild, has joined QXO’s Board of Directors.
QXO completes acquisition of TopBuild
QXO, Inc. has finalized its acquisition of TopBuild Corp. for approximately $17 billion, a move that significantly expands QXO's presence and capabilities in the North American building products market, making it a leader in insulation, roofing, and waterproofing. The transaction is expected to generate at least $300 million in annual synergies by 2030 and contribute to QXO's goal of reaching $50 billion in revenue, with Alec Covington joining the board.
QXO Closes TopBuild Acquisition, Expands Roofing Reach
QXO Inc. has completed its $17 billion acquisition of TopBuild Corp., significantly expanding its presence across various building product markets, including insulation, roofing, and waterproofing. This strategic move is expected to generate at least $300 million in annual synergies for QXO by 2030 and enhances the company's market intelligence through TopBuild's installation platform and contractor relationships. The acquisition positions QXO with leadership roles in several North American building product categories, though market pressures like soft roofing demand are noted.
QXO, Inc. completed the acquisition of TopBuild Corp..
QXO, Inc. has completed its $14.3 billion acquisition of TopBuild Corp. The deal, which involved a mix of cash and QXO common stock, was approved by the shareholders of both companies and is expected to be immediately accretive to QXO's earnings. Following the acquisition, QXO will have expanded operations with approximately 28,000 employees and 1,150 locations across the U.S. and Canada.
QXO Completes TopBuild Acquisition, Expanding Building Products Platform Across North America
QXO Inc. has finalized its acquisition of TopBuild Corp., a move that significantly boosts its presence in the North American building products industry. This acquisition broadens QXO's product offerings, adds installation services, and strengthens its position in fast-growing sectors like data centers, with the company aiming for $50 billion in annual revenue within a decade. The deal is expected to generate at least $300 million in annual synergies by 2030 through various operational efficiencies.
QXO advances TopBuild acquisition with successful bond tenders
QXO Inc. has successfully completed cash tender offers for TopBuild Corp.'s senior notes, acquiring roughly 99.5% of both major note issues. This move streamlines TopBuild's capital structure and reduces risks for QXO's planned acquisition, with supplemental indentures becoming operative on July 1, 2026. Despite mixed financial fundamentals, the pending acquisition adds moderate upside potential for QXO.
QXO Completes Acquisition of TopBuild
QXO, Inc. has announced the completion of its acquisition of TopBuild Corp., which is expected to significantly expand QXO's market position in key building product categories across North America, including insulation, roofing, waterproofing, and lumber. Brad Jacobs, QXO's Chairman and CEO, anticipates at least $300 million in annual synergies by 2030 and a target of $50 billion in annual revenue within the next decade. Alec Covington, former TopBuild Chairman, has joined QXO's Board of Directors.
Pretax income of QXO, Inc. – BMV:QXO
This article from TradingView provides financial information for QXO, Inc. (BMV:QXO), specifically its pretax income. The content features core financial data without additional commentary or detailed analysis.
QXO Announces the Expiration and Final Results of Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034
QXO, Inc. announced the expiration and final results of its cash tender offers and consent solicitations for outstanding senior notes of TopBuild Corp. A significant majority of the 2032 and 2034 Notes were validly tendered and accepted for purchase. The transaction, contingent on QXO's acquisition of TopBuild, also involved amending note indentures to remove certain covenants and conditions.
Total assets of QXO, Inc. – BMV:QXO
This article provides financial information for QXO, Inc. (BMV:QXO), specifically highlighting its total assets. The content appears to be a stub or a section from a financial data provider like TradingView, and does not contain detailed asset figures, but confirms the availability of financial data for the company.
QXO, Inc.'s Titanium MergerCo, Inc. Announces Expiration And Final Results Of Cash Tender Offers And Consent Solicitations For Any And All Of TopBuild Corp.?s 4.125% Senior Notes Due 2032 And 5.625% Senior Notes Due 2034
Titanium MergerCo, Inc., a wholly-owned subsidiary of QXO, Inc., announced the expiration and final results of its cash tender offers and consent solicitations for TopBuild Corp.'s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034. The tender offers expired on June 29, 2026, with approximately 99.54% of the 2032 Notes and 99.75% of the 2034 Notes validly tendered. The settlement date is expected to be July 1, 2026, contingent on QXO's acquisition of TopBuild, and holders received varying prices based on their tender date, along with accrued interest.
TopBuild Stockholders Largely Elect Cash in Pending QXO Acquisition
TopBuild shareholders overwhelmingly chose cash in the pending acquisition by QXO Inc., with approximately 91% electing cash consideration. Due to oversubscription, these shareholders will receive a prorated combination of cash and QXO common stock, while the remaining shareholders will receive stock. The acquisition, expected to close around July 1, 2026, will significantly expand QXO's presence in the North American building products distribution market, strengthening its position in insulation installation, specialty building products, and commercial roofing systems.
QXO stock jumps 8% on TopBuild merger election results By Investing.com
QXO, Inc. shares rose 8% after the announcement of stockholder election results for its acquisition of TopBuild Corp. Approximately 91.0% of TopBuild shareholders elected to receive cash consideration, leading to a proration where they will receive a mix of cash and QXO common stock. The transaction is expected to close around July 1, 2026.
QXO (NYSE: QXO) nears TopBuild deal after high bond tenders and election results
QXO, Inc. has announced the final results of its cash tender offers for TopBuild’s senior notes, with nearly all outstanding 2032 and 2034 notes being tendered, simplifying the post-acquisition capital structure. Additionally, TopBuild stockholders have made their elections for merger consideration, with approximately 91.0% choosing cash, leading to a proration of cash and QXO common stock for these shareholders. The acquisition of TopBuild is expected to close around July 1, 2026, contingent on standard closing conditions.
QXO and TopBuild Stockholders Overwhelmingly Approve QXO’s Acquisition of TopBuild
QXO, Inc. and TopBuild Corp. announced that their respective stockholders overwhelmingly approved all proposals necessary for QXO's acquisition of TopBuild. Approximately 99% of QXO's votes and 78% of TopBuild's votes cast were in favor of the transaction. The acquisition is anticipated to close around July 1, 2026, subject to customary closing conditions.
QXO and TopBuild Stockholders Approve Merger, Creating Industry-Leading Building Products Distributor
Stockholders of QXO, Inc. and TopBuild Corp. have overwhelmingly approved QXO's acquisition of TopBuild. The merger is expected to close around July 1, 2026, creating North America's largest publicly traded distributor of roofing and related products and the second-largest in lumber and building materials. This strategic move positions QXO to target $50 billion in annual revenues over the next decade through aggressive growth and technological integration in the building products distribution industry.
QXO and TopBuild approve deal
QXO and TopBuild Corp. announced that their stockholders have overwhelmingly approved all proposals necessary for QXO to acquire TopBuild. Approximately 99% of QXO's votes and 78% of TopBuild's votes were in favor of the transaction, which is expected to close around July 1, 2026. QXO is a major distributor of roofing and building materials, while TopBuild is the largest distributor and installer of insulation in North America.
QXO (NYSE: QXO) investors overwhelmingly approve TopBuild acquisition and share boost
QXO, Inc. stockholders have overwhelmingly approved the acquisition of TopBuild Corp. and an increase in authorized common shares from 2 billion to 4 billion. This approval, with approximately 99% of votes cast in favor of the share issuance, clears a significant hurdle for the merger, which is expected to close around July 1, 2026. The strategic combination aims to expand QXO's footprint in the building products distribution market.
QXO and TopBuild Stockholders Overwhelmingly Approve QXO’s Acquisition of TopBuild
Stockholders of QXO, Inc. and TopBuild Corp. have overwhelmingly approved all proposals necessary for QXO to acquire TopBuild. The transaction is anticipated to close around July 1, 2026, subject to customary closing conditions. QXO is North America's largest publicly traded distributor of roofing and waterproofing, while TopBuild is the largest distributor and installer of insulation and related building products.
BLD: Merger with QXO, Inc. and executive compensation were approved; adjournment was not required
TopBuild Corp. (BLD) shareholders have approved the merger with QXO, Inc. and executive compensation. An adjournment to solicit additional proxies was deemed unnecessary as sufficient votes were already secured. No shareholder questions were submitted, and the final results will be filed with the SEC.
Price to earnings forward of QXO, Inc. – NYSE:QXO
This article provides details on the "Price to earnings forward" metric for QXO, Inc. (NYSE:QXO). The content appears to be a financial data snippet from TradingView, focusing on the company's financial overview within the Wholesale Distributors sector.
QXO Inc Options Spot-On: On June 26th, 88,843 Contracts Were Traded, With 554.13K Open Interest
This article reports on significant options trading activity for QXO Inc. On June 26th, a total of 88,843 options contracts were traded, with an open interest of 554.13K. This data suggests notable investor interest and potential volatility for QXO Inc.
Venezuela Earthquake Rebuild Stocks Retail Investors Are Watching Now
This article examines three stocks that could be relevant for investors monitoring the rebuilding efforts after the Venezuela earthquakes. It highlights QXO, a building products distributor, Hemlo Mining, a Canadian gold producer with potential disaster-related reconstruction themes, and Allied Gold, an African gold and silver miner with a pending acquisition and exploration projects. The article provides an overview of each company's operations, financial standing, and potential risks and opportunities in the context of disaster recovery and construction.
Truist Financial Maintains QXO Inc(QXO.US) With Buy Rating
Truist Financial has reiterated its Buy rating for QXO Inc (QXO.US). No specific price target or detailed reasoning is provided in this brief update.
TopBuild and QXO amend proxy statement following stockholder lawsuit over merger
TopBuild Corp. and QXO, Inc. have amended their joint proxy statement and prospectus due to a stockholder lawsuit and demand letters concerning merger disclosures. A QXO stockholder filed a lawsuit alleging incomplete material information for an informed decision on the merger, leading to voluntary supplemental disclosures regarding fees paid to Morgan Stanley, QXO's financial advisor. Special meetings for stockholders to vote on the merger are scheduled for June 29, 2026, with TopBuild's board unanimously recommending approval.
Qxo: Co & TopBuild Deny All Allegations -
This article provides a brief update on Qxo and TopBuild, stating that both companies deny all allegations made against them. No further details about the nature of the allegations are included in this very short piece.
TopBuild and QXO amend proxy statement following stockholder lawsuit over merger
TopBuild Corp. and QXO, Inc. have amended their joint proxy statement and prospectus for their proposed merger due to a stockholder lawsuit and demand letters concerning disclosure deficiencies. While both companies deny any wrongdoing, they voluntarily issued supplemental disclosures, including details about fees paid to Morgan Stanley, QXO's financial advisor, to avoid delays and litigation expenses. Special meetings for stockholders of both companies to vote on the merger are scheduled for June 29, 2026.
QXO files supplemental disclosures following stockholder lawsuit over TopBuild merger
QXO, Inc. has filed supplemental disclosures regarding its pending merger with TopBuild Corp. following a stockholder lawsuit alleging inadequate information in the joint proxy statement. The lawsuit claims QXO's board breached fiduciary duties by not disclosing all material information. QXO and TopBuild deny the allegations but are making the disclosures voluntarily to avoid delays and litigation costs, while the board still recommends stockholders vote in favor of the merger.
QXO supplements proxy after Delaware suit, discloses Morgan Stanley fees tied to TopBuild deal
QXO has supplemented its joint proxy/prospectus for the TopBuild acquisition following a Delaware stockholder lawsuit and demand letters. The company denied allegations of disclosure omissions but voluntarily supplemented its disclosures to prevent deal delays. The added information includes details on significant fees Morgan Stanley received and expects from QXO for advisory and financing services.
QXO, Inc. (QXO) Secures Over 99% Early Tender Participation For TopBuild Notes
QXO, Inc. announced high early tender participation for TopBuild Corp.'s outstanding notes, with over 99% of both 2032 and 2034 series notes tendered by the June 11, 2026 deadline. This strong support facilitates the acquisition financing and allows TopBuild to execute supplemental indentures removing change of control requirements and restrictive covenants. The tender offers are expected to be extended to align with the completion of the TopBuild acquisition.
Unusual Options Activity Flags UMC, ASX and QXO Ahead of July Expiration
This article examines unusual options activity for United Microelectronics (UMC), ASE Technology Holding Co. (ASX), and QXO (QXO) ahead of their July 17 expiration. It delves into the stock performance and financial health of each company, highlighting significant call option volumes and analyzing potential trading strategies for these options, including a hypothetical scenario for QXO.
QXO Inc Completes $3 Billion Senior Notes Offering
QXO Inc. has successfully completed a $3 billion senior notes offering to fund its proposed acquisition of TopBuild Corp. The offering consists of 6.500% notes due 2031 and 6.875% notes due 2034, with proceeds secured in escrow. This move underscores QXO's strategy to expand its building products distribution platform through debt-funded acquisitions, though it also introduces risks related to leverage, supplier concentration, and integration challenges.
5 Stocks Under $20 That Will Explode
This article highlights QXO, Inc. (NYSE:QXO) as one of five stocks under $20 with high potential for growth. QXO is shown to have 65 hedge fund holders and an upside potential of 76.37%. The company is currently involved in financing its acquisition of TopBuild Corp, including successful tender offers and consent solicitations for TopBuild's outstanding notes.
QXO Inc (QXO) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a revenue breakdown for QXO Inc (QXO) based on its business segments. As of FY2025, the company's revenue primarily comes from residential roofing products (48.33%), non-residential roofing products (27.53%), and complementary building products (23.28%), with a small portion from software products and services (0.85%). Regional revenue data has not yet been disclosed by the company.
QXO Inc (QXO) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides details on the dividend and stock split history for QXO Inc (QXO). It indicates that QXO Inc has distributed $0.00 in dividends over the past five years and lists several stock split events, all identified as an "8→1 Merger" on December 4, 2023. The article is a factual overview of these corporate actions for investors.
QXO Raises $3.0 Billion Via Senior Notes to Finance TopBuild Acquisition
QXO has successfully raised $3.0 billion through private offerings of senior notes to finance its proposed acquisition of TopBuild. The company sold two tranches of notes: $1.5 billion of 6.500% notes due 2031 and $1.5 billion of 6.875% notes due 2034. These notes are initially secured by an escrow account and will become unsecured upon the acquisition's closing, with a special mandatory redemption condition if the transaction isn't completed by January 31, 2027.
QXO (QXO) sells $3.0B in senior notes as funding step for TopBuild acquisition
QXO, Inc. announced that its subsidiary, QXO Building Products, Inc., has completed the private sale of $3.0 billion in senior notes, comprising $1.5 billion each of 6.500% Senior Notes due 2031 and 6.875% Senior Notes due 2034. These proceeds are held in an escrow account to finance the proposed acquisition of TopBuild Corp. The notes include a special mandatory redemption feature if the TopBuild acquisition is not completed by January 31, 2027, ensuring investor protection.
Initial Shock: QXO, SRS, GMS, FBM
The building materials industry is experiencing a "initials era" with major players like QXO, SRS, GMS, and FBM making significant consolidations and acquisitions. Home Depot and Lowe's are integrating multi-billion dollar acquisitions to expand their market share and product portfolios. Despite this trend, independent LBM businesses express confidence in their ability to compete through local market knowledge and agility.
QXO Stock And Two Quiet US Dollar Beneficiaries To Watch
This article identifies three companies—QXO, Hammond Power Solutions, and Daqo New Energy—that could benefit from a strengthening US Dollar following the Federal Reserve's latest meeting. It outlines each company's operations, market capitalization, and potential exposure to currency movements, alongside key financial considerations and risks for investors. The piece serves as an initial screen for investors looking for US Dollar beneficiaries, encouraging further research.
