XP

XP Inc

Add to Watchlist

Advanced Chart

16.420

+0.02(0.122%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.555

Open

16.310

VWAP

16.36

Vol

6.07M

Mkt Cap

8.67B

Low

16.140

Amount

99.22M

EV/EBITDA(TTM)

18.20

Total Shares

548.39M

20.04B

EV/OCF(TTM)

9.04

P/S(TTM)

2.94

XP Inc. is a Cayman Islands-based holding company. The Company owns technological platforms for investments, financial services and education, in addition to media and content platforms, including brands, such as XP, Rico, Clear, Infomoney, XPeed and IM+. It distributes a range of financial products and services, such as financial education and digital content platform, financial advisory services and open financial product platform. Xpeed is a financial education platform in Brazil, which offers courses, MBAs and learning tools, as well as a range of digital content. It advises and supports its customers in a range of activities related to the financial universe, such as advisory services for institutional clients, private banking for high income clients, international financial services, structuring and issuance of financial products for corporate clients and issuers. It offers an open financial product platform to its clients, encompassing both proprietary and partnership products.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

4.58B

+8.56%

2.327

+14.63%

4.73B

+9.52%

2.355

+8.03%

4.91B

+9.47%

2.420

+8.52%

Estimates Revision

The market is revising Downward the revenue expectations for XP Inc. (XP) for FY2025, with the revenue forecasts being adjusted by -0.98% over the past three months. During the same period, the stock price has changed by 2.82%.

Revenue Estimates for FY2025

Revise Downward

-0.98%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.77%

In Past 3 Month

Stock Price

Go Up

+2.82%

In Past 3 Month

6 Analyst Rating

37.03% Upside

Wall Street analysts forecast XP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XP is 22.50 USD with a low forecast of 19.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

2 Hold

0 Sell

Moderate Buy

37.03% Upside

Current: 16.420

Low

19.00

Averages

22.50

High

26.00

37.03% Upside

Current: 16.420

Low

19.00

Averages

22.50

High

26.00

Itau BBA

Outperform -> Market Perform

downgrade

$21

2025-06-22

Reason

Itau BBA

Price Target

$21

2025-06-22

downgrade

Outperform -> Market Perform

Reason

Itau BBA downgraded XP Inc. to Market Perform from Outperform with a $21 price target.

UBS

Buy

maintain

$17 -> $24

2025-06-10

Reason

UBS

Price Target

$17 -> $24

2025-06-10

maintain

Buy

Reason

UBS raised the firm's price target on XP Inc. to $24 from $17 and keeps a Buy rating on the shares.

Goldman Sachs

Tito Labarta

Neutral -> Buy

upgrade

$17 -> $23

2025-06-04

Reason

Goldman Sachs

Tito Labarta

Price Target

$17 -> $23

2025-06-04

upgrade

Neutral -> Buy

Reason

Goldman Sachs analyst Tito Labarta upgraded XP Inc. to Buy from Neutral with a price target of $23, up from $17. The firm sees the company well positioned to benefit from operating leverage, with possible upside risks if revenue growth accelerates further. XP's "healthy" capital ratio should also be supportive for dividends and buybacks, the analyst tells investors in a research note. Goldman increased the price target to reflect higher earnings estimates, a higher pay-out ratio and lower cost of equity.

Grupo Santander

Neutral -> Outperform

upgrade

$22

2025-05-28

Reason

Grupo Santander

Price Target

$22

2025-05-28

upgrade

Neutral -> Outperform

Reason

Grupo Santander upgraded XP Inc. to Outperform from Neutral with a $22 price target. The company has exposure to Brazil's better capital market trends, the analyst tells investors in a research note.

BofA

Mario Pierry

Neutral

maintain

$16 -> $19

2025-05-21

Reason

BofA

Mario Pierry

Price Target

$16 -> $19

2025-05-21

maintain

Neutral

Reason

BofA analyst Mario Pierry raised the firm's price target on XP Inc. to $19 from $16 and keeps a Neutral rating on the shares. Net income of R$1.2B remained "relatively unchanged for a third quarter," though it rose 20% year-over-year on easy comps, the analyst tells investors. The firm increased its target to reflect updated estimates and a higher target P/E multiple, but reiterates a Neutral rating as it waits for evidence of improving earnings momentum, the analyst added.

Morgan Stanley

Equal Weight -> Overweight

upgrade

$18 -> $24

2025-05-12

Reason

Morgan Stanley

Price Target

$18 -> $24

2025-05-12

upgrade

Equal Weight -> Overweight

Reason

Morgan Stanley upgraded XP Inc. to Overweight from Equal Weight with a price target of $24, up from $18 as part of a broader research note on Brazil Financial Institutions. The stock offers leveraged exposure to rising equity trading volumes and capital markets recovery, the analyst tells investors in a research note. XP also stands to benefit from two key effects of falling rates - portfolio rotation and renewed investor confidence, the firm added.

See All Ratings

Valuation Metrics

The current forward P/E ratio for XP Inc (XP.O) is 9.50, compared to its 5-year average forward P/E of 21.05. For a more detailed relative valuation and DCF analysis to assess XP Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

21.05

Current PE

9.50

Overvalued PE

35.32

Undervalued PE

6.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

5.47

Current PS

2.53

Overvalued PS

8.96

Undervalued PS

1.98