GMS Receives Acquisition Proposal from QXO, Inc.

GMS ( (GMS) ) just unveiled an update.

On June 19, 2025, GMS Inc., a leading distributor of specialty building products in North America, announced it received an unsolicited acquisition proposal from QXO, Inc. to purchase all outstanding shares at $95.20 per share in cash. The GMS Board of Directors, with guidance from independent legal and financial advisors, will review the proposal to determine the best course of action for the company and its shareholders. No immediate action is required from shareholders, and the company will not comment further until the review is complete.

The most recent analyst rating on (GMS) stock is a Hold with a $81.00 price target. To see the full list of analyst forecasts on GMS stock, see the GMS Stock Forecast page.

Spark’s Take on GMS Stock

According to Spark, TipRanks’ AI Analyst, GMS is a Neutral.

GMS’s overall stock score is driven by strong financial performance indicators, particularly in revenue growth and equity stability. However, profitability margins, valuation concerns, and economic uncertainty weigh on the score. The company’s strategic initiatives and cost management provide some optimism, but the challenging macroeconomic environment remains a significant factor.

To see Spark’s full report on GMS stock, click here.

More about GMS

Founded in 1971, GMS Inc. operates a network of over 320 distribution centers offering a wide range of building products such as wallboard, ceilings, steel framing, and complementary construction products. The company also runs nearly 100 tool sales, rental, and service centers, catering to residential and commercial contractors across the United States and Canada. GMS combines a national platform with a local market focus, achieving economies of scale while maintaining high customer service levels.

Average Trading Volume: 403,782

Technical Sentiment Signal: Buy

Current Market Cap: $3.11B

See more data about GMS stock on TipRanks’ Stock Analysis page.