Rating Change
Wells Fargo reiterated its Overweight rating on QXO Inc (NASDAQ:QXO) on October 13, 2026.
reiterateNASDAQ:QXO
Wells Fargo Reiterates Overweight Rating on QXO Inc (QXO)
Wells Fargo reiterated its Overweight rating on QXO Inc (NASDAQ:QXO) on October 13, 2026.
At publication ·
What changed
QXO Inc (NASDAQ:QXO) · reiterate
- Firm
- Wells Fargo
- Rating
- Overweight to Overweight
- Price at event
- $11.02
- Market capitalization
- $14.9B
At a glance
Key takeaways
- Wells Fargo reiterated an Overweight rating on QXO Inc on October 13, 2026, with the stock trading at $11.02 and a market cap of $14.9 billion.
Market Context
QXO Inc operates in the Technology sector. The stock currently trades at $11.02 with a market capitalization of $14.9B. The stock has declined 43.6% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for QXO Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for QXO Inc
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 13, 2026 | Wells Fargo | Overweight | N/A |
| Oct 08, 2026 | Truist Securities | Buy | N/A |
| Oct 07, 2026 | RBC Capital | Outperform | N/A |
| Aug 25, 2026 | DA Davidson | Buy | N/A |
| Jul 13, 2026 | Citigroup | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View QXO Stock Page
Frequently Asked Questions
What does the Overweight rating mean for QXO?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on QXO Inc (NASDAQ:QXO). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the QXO forecast page.