Argus raises target for DXP Enterprises stock to USD 220.00

Published on 10/17/2026 at 19:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 576.46 million for the second quarter of 2026. DXP Enterprises stock was USD 175.79 on October 16, 2026, down 1.09 percent on Nasdaq.

Target and quarterly revenue

Argus raised its DXP Enterprises target to USD 220.00 on October 7, 2026.
Revenue reached USD 576.46 million in the second quarter of 2026.
DXP Enterprises stock was last at USD 175.79 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.09 percent versus the prior close.
The next earnings date is November 5, 2026, while the stock trades at a P/E ratio of 31.06.

DXPE, US2333774071, Illustration mit AI erstellt.

Argus raised its target for DXP Enterprises to USD 220.00 on October 7, 2026, according to Yahoo Finance. DXP Enterprises reported revenue of USD 576.46 million and net income of USD 28.69 million for the second quarter ended June 30, 2026, figures carried by Yahoo Finance. The stock was last at USD 175.79 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.09 percent from the prior close.

Revenue provides the operating anchor

The second-quarter revenue figure was 10.51 percent above DXP's USD 521.66 million in the first quarter of 2026. Net income also rose from USD 19.98 million in the first quarter to USD 28.69 million in the second quarter, while diluted earnings per share increased from USD 1.22 to USD 1.76. These sequential figures give the stock a concrete earnings reference alongside the higher analyst target.

DXP stock remains below its yearly high

At USD 175.79 on October 16, 2026 at 4:00 p.m. ET, DXP Enterprises stood 15.49 percent below its 52-week high of USD 208.00 and 109.18 percent above its 52-week low of USD 84.04. Trading volume was 492,366 shares, compared with an average volume of 143,037 shares. The market capitalization was USD 2.7 billion.

Valuation and the next reporting date

The finance snapshot places DXP Enterprises at a trailing P/E ratio of 31.06. Yahoo Finance lists November 5, 2026 as the next earnings date, giving investors a clear calendar marker for the next company update. The October 7 target of USD 220.00 stands 25.15 percent above the October 16 Nasdaq price of USD 175.79.

Comparison with peers

DXPE (Nasdaq, USD): minus 1.09 percent, P/E 31.06, market capitalization USD 2.7 billion.

Fastenal Company (Nasdaq, USD): plus 1.27 percent, P/E 41.15, market capitalization USD 58.5 billion.

W.W. Grainger (NYSE, USD): minus 0.04 percent, P/E 33.96, market capitalization USD 62.7 billion.

What the figures mean for investors

DXP combines a smaller valuation footprint with a lower P/E than both listed distribution peers in this comparison. The next test is the November 5 earnings release, when the second-quarter revenue and earnings trend can be measured against the next reported period.