XP
XP

$18.18

2.36%

Market Cap: $9.74B

About: XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission.

Employees: 6,669

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

130% more call options, than puts

Call options by funds: $66M | Put options by funds: $28.6M

10% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 92

2.5% less ownership

Funds ownership: 73.65% [Q1] → 71.15% (-2.5%) [Q2]

11% less funds holding

Funds holding: 292 [Q1] → 260 (-32) [Q2]

31% less funds holding in top 10

Funds holding in top 10: 13 [Q1] → 9 (-4) [Q2]

34% less capital invested

Capital invested by funds: $8.23B [Q1] → $5.47B (-$2.76B) [Q2]

45% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 71

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Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$19

5%

upside

Avg. target

$22

19%

upside

High target

$25

38%

upside

3 analyst ratings

1 positive

33%

2 neutral

67%

0 negative

0%

Goldman Sachs Tito Labarta 38% 1-year accuracy 5 / 13 met price target	5%upside $19	Neutral Maintained	30 Jul 2024
UBS Thiago Batista 100% 1-year accuracy 2 / 2 met price target	16%upside $21	Neutral Downgraded	11 Jul 2024
B of A Securities Mario Pierry 40% 1-year accuracy 2 / 5 met price target	38%upside $25	Buy Maintained	17 Jun 2024

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Financial journalist opinion

Based on 4 articles about XP published over the past 30 days

XP Q2 Earnings: On Track To Meet Its 2026 Financial Targets

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.

XP Q2 Earnings: On Track To Meet Its 2026 Financial Targets

XP Inc. (XP) Q2 2024 Earnings Call Transcript

XP Inc. (NASDAQ:XP ) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Andre Parize - Head, Investor Relations Thiago Maffra - Chief Executive Officer Victor Mansur - Chief Financial Officer Conference Call Participants Antonio Huet - Bank of America Jorge Kuri - Morgan Stanley Renato Meloni - Autonomous Research Daniel Vaz - Banco Safra Tito Labarta - Goldman Sachs Olavo Arthuzo - UBS Neha Agarwala - HSBC Operator Good evening, everyone, I'm Andre Parize, IRO at XP Inc. It's a pleasure to be here with you today. On behalf of the company, I'd like to thank you all for the interest and welcome you to our 2024 Second Quarter Earnings Call.

XP Inc. (XP) Q2 2024 Earnings Call Transcript

Zacks Investment Research

XP Inc.A (XP) Misses Q2 Earnings Estimates

XP Inc.A (XP) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.40 per share a year ago.

XP Inc.A (XP) Misses Q2 Earnings Estimates

XP Inc. Reports Second Quarter 2024 Results

SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the second quarter of 2024. Summary Operating Metrics (unaudited) 2Q24 2Q23 YoY 1Q24 QoQ Total Client Assets (in R$ bn) 1,167 1,024 14% 1,141 2% Total Net Inflow (in R$ bn) 32 22 44% 15 119% Annualized Retail Take Rate 1.29% 1.30% -1 bps 1.24% 5 bps Active Clients (.

XP Inc. Reports Second Quarter 2024 Results

XP Inc. to Cancel Treasury Shares

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the Company's Board of Directors approved the cancellation of existing treasury Class A shares held by the Company. The Company has cancelled in this date 12,650,574 Class A shares (2.3% of total shares). Total share count went from 549,630,977 to 536,980,403 after cancellation. About XP XP is a leading,.

XP Inc. to Cancel Treasury Shares

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XP Inc. Announces Pricing of Senior Notes Offering

SÃO PAULO--(BUSINESS WIRE)--XP Inc. (“XP” or “we”) (Nasdaq: XP) , a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced that on June 27, 2024 it priced an offering of US$500 million aggregate principal amount of 6.750% senior unsecured notes due 2029 (the "notes"). The notes will be guaranteed by XP Investimentos S.A. The transaction is expected to close on July 2, 2024, subject to the satisfaction of customary closing condi.

XP Inc. Announces Pricing of Senior Notes Offering

XP INC. ANNOUNCES TENDER RESULTS AND EXPIRATION TIME OF CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$736,435,000 AGGREGATE PRINCIPAL AMOUNT OF 3.250% SENIOR UNSECURED NOTES DUE 2026 (CUSIP NOS. 98379X AA2/G98239 AA7)

ANNOUNCEMENT TO THE MARKET SÃO PAULO, June 27, 2024 /PRNewswire/ -- XP Inc. ("XP" or "we") (Nasdaq: XP) , a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the tender results and expiration time of its offer to purchase for cash any and all of its outstanding 3.250% Senior Unsecured Notes Due 2026 (the "Notes"), for a purchase price set forth in the table below (the "Tender Offer"). The Tender Offer is being made upon the terms and subject to the conditions (including the Financing Condition (as defined in the Offer to Purchase)) set forth in the offer to purchase dated June 20, 2024 (the "Offer to Purchase") and the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents").

XP INC. ANNOUNCES TENDER RESULTS AND EXPIRATION TIME OF CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$736,435,000 AGGREGATE PRINCIPAL AMOUNT OF 3.250% SENIOR UNSECURED NOTES DUE 2026 (CUSIP NOS. 98379X AA2/G98239 AA7)

XP INC. ANNOUNCES COMMENCEMENT OF CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$736,435,000 AGGREGATE PRINCIPAL AMOUNT OF 3.250% SENIOR UNSECURED NOTES DUE 2026 (CUSIP NOS. 98379X AA2/G98239 AA7)

XP Inc. ANNOUNCEMENT TO THE MARKET SÃO PAULO, June 20, 2024 /PRNewswire/ -- XP Inc. ("XP" or "we") (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the commencement of an offer to purchase for cash any and all of its outstanding 3.250% Senior Unsecured Notes Due 2026 (the "Notes"), for a purchase price set forth in the table below (the "Tender Offer"). The Tender Offer is being made upon the terms and subject to the conditions (including the Financing Condition (as defined in the Offer to Purchase)) set forth in the offer to purchase dated June 20, 2024 (the "Offer to Purchase") and the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents").

XP INC. ANNOUNCES COMMENCEMENT OF CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$736,435,000 AGGREGATE PRINCIPAL AMOUNT OF 3.250% SENIOR UNSECURED NOTES DUE 2026 (CUSIP NOS. 98379X AA2/G98239 AA7)

XP Inc: The Post-Earnings Sell-Off Is A Buying Opportunity

XP's share price is down nearly 15% since its Q1 earnings release, and down 30% since the beginning of this year. Falling interest rates in Brazil will be a tailwind for revenue growth in upcoming quarters. Shares are attractively valued, and management is returning capital to shareholders through share repurchases and dividends.

XP Inc: The Post-Earnings Sell-Off Is A Buying Opportunity

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