QXO, Inc. (NYSE:QXO) is one of the Unstoppable Stocks to Buy in 2026.
On May 5, Oppenheimer analyst Scott Schneeberger lifted its price objective on the company’s stock to $32 from $30 and kept an “Outperform” rating on the shares
Notably, the firm remains positive on the company after QXO, Inc. (NYSE:QXO) announced that it will acquire TopBuild for $17 billion. Notably, QXO, Inc. (NYSE:QXO) stated that the acquisition is expected to expand its scale and capabilities throughout the building products value chain. This transaction is anticipated to be immediately and significantly accretive to the company’s earnings.
This combination will bring together QXO, Inc. (NYSE:QXO)’s positions in roofing, waterproofing, lumber-related building materials, as well as related associated products, with TopBuild’s insulation capabilities. This will result in a higher-margin business possessing expansive value-added offerings for customers. The acquisition is projected to close in Q3 2026.