Last week, you might have seen that QXO, Inc. (NYSE:QXO) released its quarterly result to the market. The early response was not positive, with shares down 7.1% to US$17.43 in the past week. It was a pretty bad result overall; while revenues were in line with expectations at US$1.7b, statutory losses exploded to US$0.35 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Taking into account the latest results, the consensus forecast from QXO's eight analysts is for revenues of US$13.5b in 2026. This reflects a major 58% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 55% to US$0.40. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$11.5b and losses of US$0.21 per share in 2026. Ergo, there's been a clear change in sentiment, with the analysts lifting this year's revenue estimates, while at the same time increasing their loss per share numbers to reflect the cost of achieving this growth.

There was no major change to the consensus price target of US$31.50, with growing revenues seemingly enough to offset the concern of growing losses. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic QXO analyst has a price target of US$50.00 per share, while the most pessimistic values it at US$26.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the QXO's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of QXO'shistorical trends, as the 84% annualised revenue growth to the end of 2026 is roughly in line with the 94% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 7.0% per year. So it's pretty clear that QXO is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple QXO analysts - going out to 2028, and you can see them free on our platform here.

Even so, be aware that QXO is showing 1 warning sign in our investment analysis , you should know about...

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.