QXO shares surge 8.89% after-hours on analyst upgrades, EPS growth forecasts, and Jim Cramer's endorsement.

QXO, Inc. (QXO) surged 8.89% in after-hours trading following a series of analyst upgrades, research initiations, and high-profile endorsements. KeyCorp initiated coverage with a multi-year earnings growth forecast, projecting $0.11 in Q3 2025 EPS and $0.67 for FY 2027, signaling confidence in the company’s financial trajectory. Jim Cramer’s public endorsement of QXO’s roofing business on national TV further fueled retail and institutional investor interest. Additionally, analysts highlighted the company’s disciplined capital allocation as a strategic strength, reinforcing positive sentiment. While KeyBanc and KeyCorp also introduced new ratings (though unspecified), the broader analyst community’s focus on QXO’s earnings potential and operational efficiency aligned with the sharp price increase. The stock’s after-hours rally reflects growing optimism around its business model and future performance amid heightened visibility from institutional coverage and media exposure.