Brokerages Set XP Inc. (NASDAQ:XP) PT at $23.33

Shares of XP Inc. (NASDAQ:XP) have been assigned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $23.3333.

Several brokerages recently commented on XP. Weiss Ratings raised shares of XP from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Zacks Research lowered shares of XP from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, UBS Group cut their target price on shares of XP from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd.

Hedge Funds Weigh In On XP

Hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in shares of XP by 65.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,634 shares of the company’s stock worth $33,000 after acquiring an additional 646 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in XP by 1,783.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,825 shares of the company’s stock valued at $53,000 after purchasing an additional 2,675 shares during the last quarter. Parallel Advisors LLC raised its stake in XP by 117.3% in the 1st quarter. Parallel Advisors LLC now owns 3,288 shares of the company’s stock valued at $63,000 after purchasing an additional 1,775 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in XP in the 4th quarter valued at $55,000. Finally, Vestcor Inc purchased a new position in XP in the 3rd quarter valued at $64,000. Institutional investors and hedge funds own 59.15% of the company’s stock.

XP Trading Down 0.8%

Shares of XP stock opened at $15.70 on Tuesday. XP has a 1-year low of $14.80 and a 1-year high of $23.13. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 8.67, a PEG ratio of 0.46 and a beta of 1.10. The company has a debt-to-equity ratio of 0.02, a current ratio of 6.66 and a quick ratio of 6.66. The stock has a 50 day simple moving average of $16.23 and a 200-day simple moving average of $18.11.

XP announced that its board has initiated a stock buyback program on Tuesday, May 19th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

XP News Roundup

Here are the key news stories impacting XP this week:

• Positive Sentiment: XP beat earnings expectations, reporting adjusted EPS of approximately $0.52–$0.53 versus consensus estimates of $0.50–$0.51. Revenue reached $943.6 million, ahead of the $935.2 million estimate and up 8.3% year over year. Net margin was 27.4% and return on equity was 22.5%. XP Inc. Tops Q2 Earnings Estimates
• Positive Sentiment: Operating momentum was strong: total client assets rose 12% year over year to R$1.535 trillion, while net inflows surged 188% to R$28 billion. These figures support XP’s ability to attract and retain customer assets in Brazil. XP Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: XP canceled 11.8 million treasury Class A shares, equal to 2.3% of total shares outstanding. The reduced share count could modestly improve per-share earnings and tighten the stock’s float. XP Inc. To Cancel Treasury Shares
• Neutral Sentiment: Analysts have cited a consensus price target of $23.33, substantially above recent trading levels, but the target may not immediately affect the stock without additional upgrades or catalysts. XP Receives Consensus Price Target
• Negative Sentiment: The annualized retail take rate declined five basis points year over year to 1.20%, indicating some pressure on revenue earned per client asset. The modest revenue and earnings growth may also have disappointed investors seeking stronger profitability expansion, helping explain why XP shares remained under pressure despite the earnings beat.

About XP

XP Inc provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients.