Fintel reports that on January 24, 2025, UBS upgraded their outlook for XP (NasdaqGS:XP) from Neutral to Buy.
Analyst Price Forecast Suggests 83.35% Upside
As of December 23, 2024, the average one-year price target for XP is $23.46/share. The forecasts range from a low of $16.16 to a high of $34.65. The average price target represents an increase of 83.35% from its latest reported closing price of $12.80 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for XP is 23,391MM, an increase of 47.24%. The projected annual non-GAAP EPS is 11.64.
What is the Fund Sentiment?
There are 578 funds or institutions reporting positions in XP. This is an increase of 28 owner(s) or 5.09% in the last quarter. Average portfolio weight of all funds dedicated to XP is 0.43%, an increase of 8.31%. Total shares owned by institutions increased in the last three months by 9.23% to 426,721K shares. 
The put/call ratio of XP is 5.07, indicating a bearish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 34,862K shares representing 8.04% ownership of the company. In its prior filing, the firm reported owning 34,353K shares , representing an increase of 1.46%. The firm decreased its portfolio allocation in XP by 2.48% over the last quarter.
Capital World Investors holds 30,606K shares representing 7.06% ownership of the company. In its prior filing, the firm reported owning 28,747K shares , representing an increase of 6.08%. The firm increased its portfolio allocation in XP by 3.24% over the last quarter.
General Atlantic holds 29,618K shares representing 6.83% ownership of the company. No change in the last quarter.
Mawer Investment Management holds 26,234K shares representing 6.05% ownership of the company. In its prior filing, the firm reported owning 19,522K shares , representing an increase of 25.59%. The firm increased its portfolio allocation in XP by 31.79% over the last quarter.
DODFX - Dodge & Cox International Stock Fund holds 17,777K shares representing 4.10% ownership of the company. No change in the last quarter.
XP Background Information
(This description is provided by the company.)
XP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil. XP's mission is to disintermediate the legacy models of traditional financial institutions by:
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