(XP) Xp - Overview

Exchange: NASDAQ • Country: Cayman Islands • Currency: USD • Type: Common Stock • ISIN: KYG982391099

Stock: Investments, Brokerage, Banking, Insurance, Education

Total Rating 38

Risk 28

Buy Signal -0.86

Capital Markets -4.0
Investment Banking & Brokerage -5.5

Market Cap: 11,227m
Avg Trading Vol: 133M USD

ATR: 5.58%
Peers RS (IBD): 74.1

Risk 5d forecast
Volatility	47.4%
Relative Tail Risk	-6.27%

Reward TTM
Sharpe Ratio	0.71
Alpha	8.24

Character TTM
Beta	1.500
Beta Downside	1.380

Drawdowns 3y
Max DD	56.64%
CAGR/Max DD	0.40

EPS (Earnings per Share)

EPS CAGR: 11.36%
EPS Trend: 20.9%

Last SUE: 0.07
Qual. Beats: 0

Revenue

Rev. CAGR: 16.78%
Rev. Trend: 59.5%

Last SUE: -0.01
Qual. Beats: 0

Description: XP Xp March 05, 2026

XP Inc. (XP) is a Brazilian financial services company. It offers a broad range of investment products and services through its open platform, including brokerage, funds, and insurance.

XPs business model centers on an open architecture platform, common in the financial advisory sector, providing clients access to diverse investment options. The company also provides wealth management, banking products, and financial education.

To understand XPs market position and financial health, further research on ValueRay is recommended.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 5.10b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.19 > 1.0
NWC/Revenue: -194.2% < 20% (prev 23.24%; Δ -217.5% < -1%)
CFO/TA 0.03 > 3% & CFO 12.04b > Net Income 5.10b
Net Debt (10.61b) to EBITDA (6.30b): 1.68 < 3
Current Ratio: 0.56 > 1.5 & < 3
Outstanding Shares: last quarter (520.2m) vs 12m ago -3.74% < -2%
Gross Margin: 67.35% > 18% (prev 0.69%; Δ 6666 % > 0.5%)
Asset Turnover: 4.93% > 50% (prev 5.02%; Δ -0.09% > 0%)
Interest Coverage Ratio: 9.74 > 6 (EBITDA TTM 6.30b / Interest Expense TTM 615.8m)

Altman Z'' -0.44

A: -0.09 (Total Current Assets 46.28b - Total Current Liabilities 81.94b) / Total Assets 396.53b
B: 0.01 (Retained Earnings 3.87b / Total Assets 396.53b)
C: 0.02 (EBIT TTM 6.00b / Avg Total Assets 371.99b)
D: 0.01 (Book Value of Equity 3.98b / Total Liabilities 372.98b)
Altman-Z'' Score: -0.44 = B

Beneish M 1.00

DSRI: 49.86 (Receivables 35.93b/684.8m, Revenue 18.36b/17.44b)
GMI: 1.02 (GM 67.35% / 68.96%)
AQI: 0.90 (AQ_t 0.88 / AQ_t-1 0.98)
SGI: 1.05 (Revenue 18.36b / 17.44b)
TATA: -0.02 (NI 5.10b - CFO 12.04b) / TA 396.53b)
Beneish M-Score: 37.17 (Cap -4..+1) = D

What is the price of XP shares?

As of March 07, 2026, the stock is trading at USD 18.64 with a total of 7,068,375 shares traded.
Over the past week, the price has changed by -13.42%, over one month by -3.87%, over three months by +2.83% and over the past year by +29.40%.

Is XP a buy, sell or hold?

Xp has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy XP.

StrongBuy: 5
Buy: 5
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the XP price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	24.3	30.4%
Analysts Target Price	24.3	30.4%

XP Fundamental Data Overview March 04, 2026

P/E Trailing = 11.4868
P/E Forward = 10.6952
P/S = 0.6317
P/B = 2.4256
Revenue TTM = 18.36b USD
EBIT TTM = 6.00b USD
EBITDA TTM = 6.30b USD
Long Term Debt = unknown (0.0)
Short Term Debt = 81.94b USD (from shortTermDebt, last quarter)
Debt = 20.96b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 10.61b USD (from netDebt column, last quarter)
Enterprise Value = 21.84b USD (11.23b + Debt 20.96b - CCE 10.35b)
Interest Coverage Ratio = 9.74 (Ebit TTM 6.00b / Interest Expense TTM 615.8m)
EV/FCF = 1.87x (Enterprise Value 21.84b / FCF TTM 11.70b)
FCF Yield = 53.57% (FCF TTM 11.70b / Enterprise Value 21.84b)
FCF Margin = 63.74% (FCF TTM 11.70b / Revenue TTM 18.36b)
Net Margin = 27.78% (Net Income TTM 5.10b / Revenue TTM 18.36b)
Gross Margin = 67.35% ((Revenue TTM 18.36b - Cost of Revenue TTM 5.99b) / Revenue TTM)
Gross Margin QoQ = 67.41% (prev 67.12%)
Tobins Q-Ratio = 0.06 (Enterprise Value 21.84b / Total Assets 396.53b)
Interest Expense / Debt = 0.63% (Interest Expense 132.4m / Debt 20.96b)
Taxrate = 16.63% (259.5m / 1.56b)
NOPAT = 5.00b (EBIT 6.00b * (1 - 16.63%))
Current Ratio = 0.56 (Total Current Assets 46.28b / Total Current Liabilities 81.94b)
Debt / Equity = 0.89 (Debt 20.96b / totalStockholderEquity, last quarter 23.55b)
Debt / EBITDA = 1.68 (Net Debt 10.61b / EBITDA 6.30b)
Debt / FCF = 0.91 (Net Debt 10.61b / FCF TTM 11.70b)
Total Stockholder Equity = 22.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.37% (Net Income 5.10b / Total Assets 396.53b)
RoE = 22.53% (Net Income TTM 5.10b / Total Stockholder Equity 22.63b)
RoCE = 26.50% (EBIT 6.00b / Capital Employed (Equity 22.63b + L.T.Debt 0.0))
RoIC = 5.52% (NOPAT 5.00b / Invested Capital 90.50b)
WACC = 4.33% (E(11.23b)/V(32.19b) * Re(11.44%) + D(20.96b)/V(32.19b) * Rd(0.63%) * (1-Tc(0.17)))
Discount Rate = 11.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.33%
[DCF] Terminal Value 80.82% ; FCFF base≈11.38b ; Y1≈7.47b ; Y5≈3.41b
[DCF] Fair Price = 235.4 (EV 108.64b - Net Debt 10.61b = Equity 98.03b / Shares 416.5m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 20.92 | EPS CAGR: 11.36% | SUE: 0.07 | # QB: 0
Revenue Correlation: 59.47 | Revenue CAGR: 16.78% | SUE: -0.01 | # QB: 0
EPS next Quarter (2026-06-30): EPS=2.78 | Chg7d=+0.185 | Chg30d=+0.185 | Revisions Net=+2 | Analysts=1
EPS current Year (2026-12-31): EPS=11.07 | Chg7d=+0.055 | Chg30d=+0.492 | Revisions Net=+0 | Growth EPS=+12.9% | Growth Revenue=+12.6%
EPS next Year (2027-12-31): EPS=12.18 | Chg7d=+0.149 | Chg30d=+0.149 | Revisions Net=+1 | Growth EPS=+9.9% | Growth Revenue=+13.6%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.7% (Discount Rate 11.4% - Earnings Yield 8.7%)
[Growth] Growth Spread = +10.6% (Analyst 13.3% - Implied 2.7%)

Additional Sources for XP Stock

Fund Manager Positions: Dataroma | Stockcircle