XP
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 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
45% more call options, than puts
Call options by funds: $51.3M | Put options by funds: $35.5M
40% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 55
18% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 82
11% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 10 (+1) [Q3]
11% more capital invested
Capital invested by funds: $5.53B [Q2] → $6.13B (+$604M) [Q3]
8% more funds holding
Funds holding: 263 [Q2] → 285 (+22) [Q3]
6.36% more ownership
Funds ownership: 71.88% [Q2] → 78.24% (+6.36%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
31%
upside
Avg. target
$22
81%
upside
High target
$29
138%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
B of A Securities Mario Pierry 33% 1-year accuracy 1 / 3 met price target | 31%upside $16 | Neutral Downgraded | 10 Dec 2024 |
Morgan Stanley Jorge Kuri 83% 1-year accuracy 5 / 6 met price target | 72%upside $21 | Equal-Weight Maintained | 26 Nov 2024 |
JP Morgan Domingos Falavina 17% 1-year accuracy 1 / 6 met price target | 138%upside $29 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Negative
Invezz
1 week ago
These 2 emerging markets stocks could return 50% each in 2025
HSBC says emerging markets could prove to be relatively “less vulnerable” as President-elect Donald Trump proceeds with raising tariffs on foreign goods in 2025. EMs typically have better growth dynamics than the developed markets which justifies a “small overweight” in their stocks.
Neutral
Seeking Alpha
1 month ago
XP Inc. (XP) Q3 2024 Earnings Call Transcript
XP Inc.
Neutral
Business Wire
1 month ago
XP Inc. Announces Cash Dividend
SÃO PAULO--(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 its Board of Directors has approved payment of a cash dividend of US$0.65 per common share. The dividend will be payable on December 18, 2024, to shareholders of record as of December 10, 2024. About XP XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services.
Neutral
Business Wire
1 month ago
XP Inc. Reports Third Quarter 2024 Results
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the third quarter of 2024. Summary Operating Metrics (unaudited) 3Q24 3Q23 YoY 2Q24 QoQ Total Client Assets (in R$ bn) 1,213 1,080 12% 1,167 4% Total Net Inflow (in R$ bn) 31 48 -36% 32 -3% Annualized Retail Take Rate 1.33% 1.34% -1 bps 1.29% 4 bps Active Clients (i.
Neutral
Business Wire
1 month ago
XP Inc. Announces New Share Repurchase Program
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), announced today that its board of directors has approved a new share repurchase program. Under the repurchase program, XP may repurchase up to the amount in dollars equivalent to R$1.0 billion (one billion Brazilian Reais) of its outstanding Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on November 20th, 2024 continuing until the earlier of the comple.
Positive
Seeking Alpha
3 months ago
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.
Neutral
Seeking Alpha
4 months ago
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.
Negative
Zacks Investment Research
4 months ago
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 $0.40 per share a year ago.
Neutral
Business Wire
4 months ago
XP Inc. Reports Second Quarter 2024 Results
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the second quarter of 2024. Summary Operating Metrics (unaudited) 2Q24 2Q23 YoY 1Q24 QoQ Total Client Assets (in R$ 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 (.
Neutral
Business Wire
4 months ago
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,.
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