XP (XP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $2.67
- Estimate
- $2.62
- Surprise
- +2.0%
- Score at report (before → after)
- 5.9 → 5.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
XP (XP) beat the $2.62 estimate with adjusted EPS of $2.67 — a modest 2.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates XP Sell at 5.6/10.
2 of the last 4 quarters beat the estimate; this quarter's +2.0% surprise compares with a +1.0% four-quarter average. Next scheduled report: 2026-11-16.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.4 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 6.4): -1.5
- Elevated risk factors
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $30.49
- Price target
- $32.08
- Stop
- $28.36
- Upside to target
- +5.2%
The stock trades at 16.4× trailing but 12.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 83 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
XP at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $15.92B
- P/E (fwd)
- 12.6
- P/E (ttm)
- 16.4
- 52-week range
- $14.80–$32.73
- Off 52-week high
- 6.8%
- RSI (14)
- 83
- Volume vs avg
- 0.86×
- Score today
- 5.6/10