QXO's Potential Roofing Rebound Seen Driving Near-Term Stock Recovery, Truist Says

MT Newswires Live
08/15

QXO's (QXO) residential roofing volume and pricing, along with non-residential roofing prices will improve in the latter half of 2026, with the potential rebound key for the stock move, Truist said in a note Friday.

While better second-half roofing will help lift results, investors are awaiting the "tech stack" leverage, which is currently a story for 2027, according to the note.

Roofing pricing improved sequentially across both markets during the quarter, turning positive in May after being negative in April and continuing to improve in June, according to the note.

Truist adjusted its 2026 earnings before interest, taxes, depreciation, and amortization estimate to $1.28 billion from $1.34 billion and its 2027 estimate to $2.13 billion from $2.26 billion.

Truist maintained its buy rating and $26 price target.

Price: 14.50, Change: -0.40, Percent Change: -2.65

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10