QXO Inc Announces $750 Million Public Equity Offering

QXO Inc ( (QXO) ) has shared an update.

On January 15, 2026, QXO Inc. announced plans to offer $750 million of its common stock to the public, with an additional option for the underwriter, BofA Securities, to purchase up to $112.5 million more at the public offering price, less underwriting discounts and commissions. The company said it intends to use the net proceeds for general corporate purposes, including funding future acquisitions, signaling continued consolidation ambitions in the building products distribution sector and adding equity capital that could support its expansion plans following the Beacon Roofing Supply acquisition and its broader growth strategy.

The most recent analyst rating on (QXO) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on QXO Inc stock, see the QXO Stock Forecast page.

Spark’s Take on QXO Stock

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

The score is driven primarily by solid financial positioning (low leverage) despite profitability and cash flow challenges, plus strong technical momentum with the stock trading above major moving averages. Valuation is a notable drag due to negative earnings (negative P/E), while recent financing and credit improvements modestly strengthen the outlook by enhancing flexibility for acquisitions.

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

More about QXO Inc

QXO Inc. is the largest publicly traded distributor of roofing, waterproofing and complementary building products in North America, operating within the broader $800 billion building products distribution industry. The company is pursuing a technology-enabled growth strategy, combining acquisitions and organic expansion to scale its presence and enhance shareholder value.

Average Trading Volume: 7,573,004

Technical Sentiment Signal: Sell

Current Market Cap: $17.21B

See more insights into QXO stock on TipRanks’ Stock Analysis page.