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UBS Group Issues Positive Forecast for GXO Logistics (NYSE:GXO) Stock Price

GXO Logistics logo with Industrials background
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Key Points

  • UBS raised its GXO Logistics price target from $64 to $69 and maintained a Buy rating, implying 24.78% potential upside from the previous close.
  • GXO reported quarterly EPS of $0.89, beating the $0.86 consensus, while revenue of $3.59 billion topped estimates and grew 5.7% year over year.
  • Shares fell 2.9% to $55.30 despite the earnings beat. Analysts’ average rating was Moderate Buy, with an average price target of $65.87.
  • Five stocks we like better than GXO Logistics.

GXO Logistics (NYSE:GXO - Get Free Report) had its target price raised by equities researchers at UBS Group from $64.00 to $69.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. UBS Group's price objective would indicate a potential upside of 24.78% from the company's previous close.

Several other equities analysts have also issued reports on the company. Citigroup lifted their price target on GXO Logistics from $65.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday. Weiss Ratings raised shares of GXO Logistics from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, October 16th. Oppenheimer raised their price objective on shares of GXO Logistics from $61.00 to $65.00 and gave the company an "outperform" rating in a research note on Thursday. Wells Fargo & Company initiated coverage on shares of GXO Logistics in a report on Tuesday, July 28th. They issued an "overweight" rating and a $18.00 target price for the company. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $66.00 target price on shares of GXO Logistics in a research note on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $65.87.

Get Our Latest Stock Analysis on GXO

GXO Logistics Stock Down 2.9%

Shares of GXO Logistics stock traded down $1.66 during midday trading on Thursday, hitting $55.30. The company had a trading volume of 2,859,400 shares, compared to its average volume of 1,362,969. GXO Logistics has a 52-week low of $43.61 and a 52-week high of $66.85. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.79. 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 company has a 50 day moving average of $47.28 and a 200 day moving average of $51.78.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in GXO Logistics by 7.8% in the 3rd quarter. Parallel Advisors LLC now owns 2,719 shares of the company's stock worth $121,000 after purchasing an additional 196 shares during the period. GAMMA Investing LLC raised its stake in 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 last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of GXO Logistics by 9.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,849 shares of the company's stock valued at $127,000 after buying an additional 245 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of GXO Logistics by 3.0% during the 1st quarter. Hsbc Holdings PLC now owns 11,953 shares of the company's stock valued at $620,000 after buying an additional 352 shares during the period. Finally, R Squared Ltd boosted its stake in shares of GXO Logistics by 8.3% in the 1st quarter. R Squared Ltd now owns 4,932 shares of the company's stock worth $256,000 after buying an additional 377 shares during the last quarter. Institutional investors own 90.67% of the company's stock.

More GXO Logistics News

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

  • Positive Sentiment: GXO earned $0.89 per share, above the $0.86 consensus, and revenue of about $3.59 billion also topped estimates. Revenue rose 5.7% year over year. Zacks Q3 earnings report
  • Positive Sentiment: Management reiterated 2026 adjusted EPS guidance of $2.95–$3.15 and forecast more than $850 million in incremental revenue in 2027, supporting the growth outlook. GXO outlook report
  • Positive Sentiment: CEO Patrick Kelleher sees growth accelerating and margins improving; reports also cite data-center demand and expanding AI and automation initiatives as potential drivers. Yahoo Finance CEO interview Logistics Management report
  • Positive Sentiment: JPMorgan raised its target to $73 and maintained Overweight; Citi lifted its target to $66 with a Buy rating, and Oppenheimer raised its target to $65 with an Outperform rating. Read More., Read More., Read More.
  • Neutral Sentiment: GXO shares moved lower despite the upbeat earnings, outlook, and analyst actions. The supplied reports do not point to a specific negative catalyst for the move.

GXO Logistics Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for GXO Logistics (NYSE:GXO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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