GXO Logistics (NYSE:GXO) Price Target Raised to $73.00

Key Points

• JPMorgan raised its GXO Logistics price target to $73 from $68 and maintained an Overweight rating, implying about 32% upside from the cited $55.30 share price.
• GXO beat quarterly estimates, reporting earnings of $0.89 per share versus $0.86 expected and revenue of $3.59 billion versus $3.54 billion; revenue grew 5.7% year over year.
• Despite the earnings beat and higher price target, shares fell 2.9% on Thursday. Analysts’ consensus rating was Moderate Buy, with an average target of $65.20.

GXO Logistics (NYSE:GXO - Get Free Report) had its price target raised by stock analysts at JPMorgan Chase & Co. from $68.00 to $73.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 32.01% from the company's current price.

A number of other research firms also recently issued reports on GXO. Weiss Ratings raised shares of GXO Logistics from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, October 16th. Citizens Jmp assumed coverage on GXO Logistics in a research report on Wednesday, July 15th. They set a "market perform" rating and a $80.00 price objective on the stock. Truist Financial reduced their target price on GXO Logistics from $70.00 to $55.00 and set a "buy" rating on the stock in a report on Wednesday, July 15th. Stephens assumed coverage on GXO Logistics in a research report on Wednesday, July 8th. They issued an "overweight" rating and a $75.00 target price for the company. Finally, Wells Fargo & Company assumed coverage on GXO Logistics in a research note on Tuesday, July 28th. They issued an "overweight" rating and a $18.00 target price for the company. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, GXO Logistics currently has a consensus rating of "Moderate Buy" and a consensus price target of $65.20.

GXO Logistics Trading Down 2.9%

Shares of GXO stock traded down $1.66 during trading hours on Thursday, reaching $55.30. The company's stock had a trading volume of 2,859,400 shares, compared to its average volume of 1,362,969. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. GXO Logistics has a one year low of $43.61 and a one year high of $66.85. The stock has a market capitalization of $6.34 billion, a P/E ratio of 46.86, a P/E/G ratio of 1.63 and a beta of 1.52. The firm's fifty day simple moving average is $47.28 and its 200 day simple moving average is $51.78.

GXO Logistics (NYSE:GXO - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.03. The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.54 billion. GXO Logistics had a return on equity of 10.92% and a net margin of 0.98%. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.79 earnings per share. Equities research analysts expect that GXO Logistics will post 3.05 EPS for the current year.

Institutional Trading of GXO Logistics

A number of hedge funds have recently made changes to their positions in the stock. Trust Co. of Vermont purchased a new stake in GXO Logistics in the second quarter worth approximately $37,000. Integrated Wealth Concepts LLC purchased a new stake in GXO Logistics during the 2nd quarter valued at $48,000. Nykredit A S purchased a new stake in GXO Logistics during the 2nd quarter valued at $73,000. Covestor Ltd lifted its holdings in shares of GXO Logistics by 230.6% during the 3rd quarter. Covestor Ltd now owns 1,792 shares of the company's stock valued at $80,000 after buying an additional 1,250 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of GXO Logistics by 14.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,841 shares of the company's stock valued at $82,000 after buying an additional 231 shares during the period. 90.67% of the stock is owned by institutional investors.

Key GXO Logistics News

Here are the key news stories impacting GXO Logistics this week:

• Positive Sentiment: GXO beat third-quarter expectations: earnings were $0.89 per share versus the $0.86 consensus, while revenue of $3.59 billion topped estimates of $3.54 billion and rose 5.7% year over year. GXO Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management reiterated its 2026 adjusted EPS forecast of $2.95–$3.15 and expects more than $850 million in incremental revenue in 2027. Data-center demand was cited as a growth driver. GXO forecasts incremental 2027 revenue GXO growth fueled by data center demand
• Positive Sentiment: Analysts raised their targets: Citigroup lifted its target to $66 and maintained a Buy rating; Oppenheimer raised its target to $65 and maintained Outperform. Both imply meaningful upside from the cited $55.30 reference price. Citigroup recommendations Oppenheimer recommendations
• Neutral Sentiment: Despite the earnings beat, growth outlook and analyst target increases, GXO shares traded lower during Thursday’s session; the cited reports do not identify a specific negative catalyst.

GXO Logistics Company Profile

GXO Logistics, Inc NYSE: GXO is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO's logistics segment and began operating as an independent public company in 2021.

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