XPO (NYSE:XPO) Price Target Raised to $240.00 at Benchmark

XPO (NYSE:XPO) had its price target upped by equities researchers at Benchmark from $220.00 to $240.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Benchmark’s price objective would suggest a potential upside of 9.30% from the stock’s previous close.

A number of other analysts also recently weighed in on XPO. Evercore set a $200.00 price target on shares of XPO in a research report on Friday, February 6th. Morgan Stanley reissued an “underweight” rating and set a $95.00 price target on shares of XPO in a research report on Thursday, February 5th. Wells Fargo & Company raised their price target on shares of XPO from $205.00 to $225.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. TD Cowen raised their price target on shares of XPO from $192.00 to $224.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Zacks Research raised shares of XPO from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $202.10.

XPO Stock Up 1.3%

XPO stock opened at $219.58 on Friday. XPO has a twelve month low of $103.71 and a twelve month high of $231.46. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $25.78 billion, a P/E ratio of 82.86, a PEG ratio of 2.84 and a beta of 1.94. The firm has a 50 day simple moving average of $204.05 and a 200-day simple moving average of $167.28.

XPO (NYSE:XPO) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. XPO had a net margin of 3.87% and a return on equity of 25.07%. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the company earned $0.73 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts predict that XPO will post 4.49 earnings per share for the current fiscal year.

Hedge Funds Weigh In On XPO

Several hedge funds and other institutional investors have recently modified their holdings of the company. Capital World Investors boosted its holdings in shares of XPO by 7.3% during the third quarter. Capital World Investors now owns 10,860,803 shares of the transportation company’s stock valued at $1,403,973,000 after acquiring an additional 735,450 shares during the period. Invesco Ltd. boosted its holdings in shares of XPO by 19.8% during the third quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock valued at $810,249,000 after acquiring an additional 1,036,434 shares during the period. Durable Capital Partners LP boosted its holdings in shares of XPO by 20.5% during the third quarter. Durable Capital Partners LP now owns 4,331,280 shares of the transportation company’s stock valued at $559,905,000 after acquiring an additional 736,224 shares during the period. Orbis Allan Gray Ltd boosted its holdings in shares of XPO by 15.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 3,652,589 shares of the transportation company’s stock valued at $496,423,000 after acquiring an additional 499,220 shares during the period. Finally, Clearbridge Investments LLC boosted its holdings in shares of XPO by 9.7% during the fourth quarter. Clearbridge Investments LLC now owns 2,970,231 shares of the transportation company’s stock valued at $403,684,000 after acquiring an additional 261,935 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

Key Headlines Impacting XPO

Here are the key news stories impacting XPO this week:

• Positive Sentiment: XPO beat expectations: Q1 adjusted EPS of $1.01 vs. $0.89 consensus and revenue of $2.10B vs. $2.04B, with year-over-year revenue growth and improved margins — a primary driver of the upside. XPO Reports First-Quarter 2026 Results
• Positive Sentiment: Earnings call highlighted margin strength and upbeat commentary from management on pricing and cost control, reinforcing confidence in profitability trends. Earnings Call Highlights Margin Strength
• Positive Sentiment: Management points to AI-driven productivity gains, pricing momentum and targeted capacity investments as drivers of future operating leverage and improved LTL performance. Those operational levers support upside to margins and returns. XPO Q1 Deep Dive
• Neutral Sentiment: CEO noted that higher oil prices have not meaningfully weakened demand — a supportive operational datapoint, though its impact on margins depends on fuel-hedging and pass-through. CEO: Higher Oil Prices Not Impacting Demand
• Negative Sentiment: XPO guided to a higher adjusted effective tax rate (23%–24%) for 2026 — this raises the company’s tax burden and will weigh on reported EPS compared with a lower prior rate. Tax-Rate Forecast and LTL Target

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.