From Seekingalpha · Rafa F. Oliver, CFA · · 40s
QXO Overvalued at $10.64
QXO stock priced too high at $10.64 per share, with intrinsic value at $6.92.
In brief
QXO stock priced too high at $10.64 per share, with intrinsic value at $6.92. QXO stock is overvalued at $10.64 per share, with intrinsic value at $6.92. Originally reported by Seekingalpha.
QXO Overvalued
QXO stock priced at $10.64 per share, intrinsic value estimated at $6.92.
Expensive Acquisitions
QXO spent $28 billion on Beacon, Kodiak, and TopBuild, yielding thin cash returns and high goodwill.
Declining Roofing Margins
Roofing margins have declined for six consecutive quarters, requiring sustained improvement to justify current valuation.
Awaiting Q3 and FY2026 Filings
Analyst awaits Q3 and FY2026 filings to assess roofing sales, gross margins, and TopBuild's initial performance.
The takeaway
QXO stock is overvalued at $10.64 per share, with intrinsic value at $6.92.
