XP Inc. (XP) is trading higher today as the market reacts to recent analyst actions that lifted price targets, framing XP’s reiterated 2026 gross revenue guidance as a signal of faster growth ahead. In the latest notable update, Bank of America lifted its price target to $26 from $22 while keeping a Neutral rating, citing management’s reiterated 2026 gross revenue guidance and expectations for roughly 12% growth in 2026 (while still modeling growth below the low end of management’s guidance). (tipranks.com)

With XP’s next earnings approaching, incremental changes to the Street’s price targets and growth assumptions can move the stock, especially when the narrative centers on an inflection in 2026 growth. XP’s market calendar also shows an upcoming earnings date around May 19, 2026, which can amplify positioning and day-to-day sensitivity to research notes. (stockanalysis.com)

XP has also been in a capital-return mode, which can provide a supportive backdrop for sentiment when the stock is weak and investors look for downside buffers. The company previously authorized a repurchase program of up to R$1.0 billion (or USD equivalent) beginning November 18, 2025 and running through November 18, 2026, alongside a cash dividend and treasury share retirement actions. (api.mziq.com)

Key near-term swing factors include any incremental research changes (rating shifts vs. target-only moves), updates to 2026 guidance expectations as analysts refresh models, and any company commentary ahead of earnings. Traders will be focused on whether XP’s upcoming results and outlook reinforce the idea of a 2026 growth acceleration or suggest a more muted trajectory than current guidance implies. (tipranks.com)