QXO INC

QXO’s stock fell to a new 52-week low of $13.18 and is down 29.52% year over year, most recently dropping 45% in recent months. For Q2 2026, QXO reported revenue of $3.25 billion, up 70% year over year and above consensus, including $595 million from the acquisition of Kodiak Building Partners. Benchmark reiterated a buy rating with a $50.00 price target, and analysts expect a return to profitability, while InvestingPro rates the stock as potentially undervalued. » Altro su de.investing.com

Shareholders of QXO and TopBuild approved the merger transaction: at QXO about 99% of votes cast supported the stock payout, and at TopBuild roughly 78% of votes cast (about 65% of outstanding shares) approved the merger agreement. Closing is expected around July 1, 2026, subject to customary closing conditions. QXO has a market capitalization of $13.4 billion and a share price of $18.34; it most recently reported a loss of $0.92 per share, but analysts expect a return to profitability this year and InvestingPro rates the stock as undervalued. » Altro su de.investing.com

QXO reported that holders tendered 99.54% of TopBuild's 4.125% senior notes due 2032 and 99.72% of its 5.625% senior notes due 2034 in early tender offers tied to QXO's pending acquisition. Early-tendered holders will receive $1,011.25 per $1,000 principal, including a $50 early-tender payment. Supplemental indentures removing the change-of-control offer requirement, the most restrictive covenants and several default provisions were executed and will take effect upon purchase settlement, which QXO expects to align with closing of the acquisition. The tender offers are set to expire June 29, 2026, unless extended. » Altro su finance.yahoo.com