XP Q2 Earnings: On Track To Meet Its 2026 Financial Targets [Seeking Alpha]
XP Inc. - Class A (XP)
Company Research
Source: Seeking Alpha
Q2 results demonstrated a solid performance in both growth and profitability. The company remains on track to meet its 2026 financial targets in terms of revenue and margins. I remain confident in XP's business despite competitive threats and an uncertain macro environment. I rate shares a Buy with a price target of $30 by 2026. FotografiaBasica Investment Thesis In my previous write-up covering the company, I maintained a Bullish view sighting XP Inc.'s ( NASDAQ: XP ) leading market position and its solid execution, even as the business faced headwinds from elevated interest rates in Brazil. I found its valuation appealing based on the 2026 financial targets presented during last year's Investor Day . Its Q2 results further demonstrated solid execution as the company remains well on track to meet these targets. With Brazilian interest rates now at 10.5%, down from its peak at 13.75%, consistent growth can be expected in the coming quarters. The company's continued succes
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XP
News
- XP Inc. Q2: Good, But Not Enough To Change The Recommendation [Seeking Alpha]Seeking Alpha
- Foreign Investors Flock Back to Brazil Stocks as Fed Cut Nears [BNN Bloomberg (Canada)]BNN Bloomberg
- Drought Strains Brazil Hydropower Supply, Raising Energy Costs [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Positive week for XP Inc. (NASDAQ:XP) institutional investors who lost 21% over the past year [Yahoo! Finance]Yahoo! Finance
- XP Inc. (XP) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
XP
Earnings
- 8/13/24 - Beat
XP
Sec Filings
- 8/26/24 - Form SC
- 8/14/24 - Form 6-K
- 8/14/24 - Form 6-K
- XP's page on the SEC website