How Do XP Inc (NASDAQ:XP)’s Fundamentals Affect Performance

In yesterday’s Wall Street session, XP Inc (NASDAQ:XP) shares traded at $22.39, up 0.77% from the previous session.

10 analysts cover XP Inc (NASDAQ:XP), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $175.24 and a low of $101.25, we find $146.03. Given the previous closing price of $22.22, this indicates a potential upside of 557.2 percent. XP stock price is now -0.75% away from the 50-day moving average and 15.29% away from the 200-day moving average. The market capitalization of the company currently stands at $12.27B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"


The stock has received a hold rating from 2 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $144.66 as their price target over the next twelve months.

With the price target enhanced from $15 to $26, Credit Suisse Upgraded its rating from Underperform to Neutral for XP Inc (NASDAQ: XP).

A total of 38.27% of the company’s stock is owned by insiders.

On Tuesday morning XP Inc (NASDAQ: XP) stock kicked off with the opening price of $23.50. During the past 12 months, XP Inc has had a low of $10.30 and a high of $27.71. According to the stock market information, the enterprise value for the company is $11.12B, which is based on a 18.26 price-to-earnings ratio, a 1.13 price-to-earnings-growth ratio, and a beta of 1.68. The fifty day moving average price for XP is $22.56 and a two-hundred day moving average price translates $19.42 for the stock.

The latest earnings results from XP Inc (NASDAQ: XP) was released for Jun, 2023. According to the Capital Markets Company, earnings per share came in at $0.43, beating analysts’ expectations of $0.42 by 0.01. This compares to $0.34 EPS in the same period last year. The net profit margin was 25.77% and return on equity was 20.05% for XP. The company reported revenue of $846.22 million for the quarter, compared to $690.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.51 percent. For the current quarter, analysts expect XP to generate $806.57M in revenue.

Related Posts