XPO (NYSE:XPO) Price Target Raised to $229.00

XPO (NYSE:XPO) had its price objective raised by investment analysts at Citigroup from $224.00 to $229.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Citigroup‘s target price would suggest a potential upside of 20.65% from the stock’s current price.

XPO has been the topic of several other research reports. UBS Group reiterated a “buy” rating and issued a $232.00 target price on shares of XPO in a research note on Friday. BMO Capital Markets reissued an “outperform” rating on shares of XPO in a research report on Wednesday, October 7th. Stephens raised their price target on shares of XPO from $255.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. decreased their price objective on shares of XPO from $214.00 to $205.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Finally, Truist Financial lowered their price objective on XPO from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $221.36.

XPO Stock Up 3.7%

Shares of XPO traded up $6.80 during trading hours on Friday, hitting $189.81. The company had a trading volume of 2,058,091 shares, compared to its average volume of 1,413,193. The stock has a market capitalization of $22.22 billion, a price-to-earnings ratio of 55.99, a P/E/G ratio of 1.82 and a beta of 1.85. The firm has a fifty day moving average price of $183.97 and a 200-day moving average price of $195.95. XPO has a 52-week low of $124.82 and a 52-week high of $232.05. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.01 and a current ratio of 1.01.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, October 29th. The transportation company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.58 by $0.12. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.38 billion. XPO had a net margin of 4.71% and a return on equity of 29.64%. XPO’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 EPS. On average, equities research analysts forecast that XPO will post 5.47 EPS for the current fiscal year.

Insider Activity

In related news, COO David J. Bates sold 2,615 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $179.41, for a total transaction of $469,157.15. Following the completion of the sale, the chief operating officer directly owned 64,735 shares in the company, valued at approximately $11,614,106.35. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kyle Wismans sold 750 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $175.47, for a total value of $131,602.50. Following the completion of the transaction, the chief financial officer directly owned 47,966 shares in the company, valued at approximately $8,416,594.02. This represents a 1.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,730 shares of company stock valued at $2,208,974 in the last ninety days. 0.87% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On XPO

A number of institutional investors and hedge funds have recently bought and sold shares of XPO. BlackRock Inc. bought a new position in shares of XPO during the 2nd quarter worth about $2,985,276,000. MFN Partners Management LP acquired a new stake in XPO during the 2nd quarter worth approximately $2,026,148,865. Bessemer Group Inc. grew its stake in shares of XPO by 115.9% during the 1st quarter. Bessemer Group Inc. now owns 2,420,899 shares of the transportation company’s stock worth $470,986,000 after acquiring an additional 1,299,480 shares in the last quarter. Findlay Park Partners LLP acquired a new stake in shares of XPO in the 2nd quarter valued at approximately $236,104,000. Finally, Bank of New York Mellon Corp bought a new stake in XPO in the 2nd quarter valued at $151,798,000. 97.73% of the stock is owned by institutional investors.

Key Headlines Impacting XPO

Here are the key news stories impacting XPO this week:

• Positive Sentiment: Adjusted EPS beat estimates: XPO reported third-quarter adjusted earnings of $1.70 per share, up from $1.07 a year earlier and above the roughly $1.56–$1.58 analyst consensus. Reported diluted EPS was $1.53, compared with $0.68 in the prior-year quarter. XPO Reports Third Quarter 2026 Results
• Positive Sentiment: Revenue and freight volumes grew: Revenue increased 12.4% year over year to $2.37 billion, broadly in line with expectations. North American less-than-truckload revenue rose 17%, including fuel surcharges, while tonnage increased 5%—the company’s strongest volume performance in years. After Another Strong Quarter, XPO Sees More Room for Margin Improvements
• Positive Sentiment: Margin improvement remains a catalyst: Pricing actions, operating initiatives and a greater focus on higher-margin freight helped drive the earnings beat. Management indicated there is additional room to improve margins, supporting expectations for continued earnings growth. XPO’s Pricing, Operating Initiatives Drive Q3 Beat
• Neutral Sentiment: Analyst remains bullish but trims target: Wells Fargo reduced its price target from $250 to $230 while maintaining an “overweight” rating, suggesting upside but reflecting more measured expectations after XPO’s substantial advance. Wells Fargo XPO Rating
• Negative Sentiment: Valuation and execution risks remain: Commentary noted that XPO’s stock has already gained substantially, while its elevated earnings multiple leaves less room for disappointment. Revenue was slightly below consensus, and investors will continue monitoring freight demand, pricing, fuel costs and margin execution.

XPO Company Profile

XPO, Inc is a transportation and logistics company that provides freight-moving services to businesses across North America and Europe. Its operations are centered on less-than-truckload (LTL) transportation, which involves consolidating shipments from multiple customers onto a single truck and is commonly used for freight that does not require a full trailer.

In North America, XPO provides regional, interregional and national LTL services, along with related offerings such as freight pickup and delivery, shipment visibility and technology-enabled transportation management.