XP Inc. — Cyborg Score 8/10

Strong
Financial Services / Capital Markets / Fintech

Strategic Profile

XP owns technological platforms for investments, financial services and education, plus media and content platforms, including brands such as XP, Rico, Clear, Infomoney, XPeed and IM+. The platform provides access to over 800 investment products from XP, its partners and competitors, positioning it as a market leader in Brazil's fintech ecosystem with strong competitive differentiation.

Cyborg Score Rationale

In 2025, XP's revenue reached 17.77 billion (up 9.36% YoY) with earnings of 5.17 billion (up 14.54%), demonstrating solid profitability and growth. Recent analyst sentiment is positive, though litigation and regulatory scrutiny pose near-term risks.

Top Insights

  • Q4 2025 results showed non-GAAP EPS of $0.49 (up 26% YoY) and revenue of $952M (up 21% YoY), beating estimates
  • Average analyst rating is 'Strong Buy' with 12-month price target of $22.67 (up 14.67% from latest price)
  • Founded in 2001 by Guilherme Dias Fernandes Benchimol and headquartered in Vila Olimpia, Brazil
  • As of Feb 13, 2026, the company employs 7.44K employees

Named Competitors

  • Itaú Unibanco — Traditional Brazilian banking services
  • Bradesco — Diversified banking and investment services
  • Nubank — Digital banking and fintech services in Brazil
  • Clear — XP-owned fintech platform for trading and investing

Recent Developments

  • (February 2026) Analyst upgrade from Jefferies with Buy rating
  • (December 2025) UBS raised price target to $25 from $23
  • (November 2025) Strong Q3 2025 earnings; announced dividend, share retirement, and new buyback program
  • (February 2026) Q4 2025 earnings beat with 21% revenue growth YoY

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