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

Key Points

• Benchmark raised its price target on XPO to $240 (from $220) and kept a "buy" rating, implying roughly a 9.3% upside from the prior close.
• XPO topped Q1 expectations with $1.01 EPS vs. $0.89 and $2.10B revenue vs. $2.04B, and management highlighted AI-driven productivity, pricing momentum, and targeted capacity investments as drivers of margin improvement.
• The company guided to a higher adjusted effective tax rate of 23%–24% for 2026, which may weigh on reported EPS despite operational gains.

XPO (NYSE:XPO - Get Free Report) had its price target hoisted by analysts at Benchmark from $220.00 to $240.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the transportation company's stock. Benchmark's price target suggests a potential upside of 9.30% from the stock's previous close.

A number of other equities analysts have also recently weighed in on XPO. JPMorgan Chase & Co. increased their price objective on shares of XPO from $189.00 to $201.00 and gave the company an "overweight" rating in a research note on Tuesday, March 10th. Stifel Nicolaus increased their price objective on shares of XPO from $206.00 to $232.00 and gave the company a "buy" rating in a research note on Thursday, April 16th. Citigroup reissued a "neutral" rating on shares of XPO in a research note on Friday. BMO Capital Markets set a $230.00 price objective on shares of XPO in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $220.00 price objective on shares of XPO in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $202.10.

XPO Stock Performance

NYSE:XPO opened at $219.58 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75. XPO has a fifty-two week low of $103.71 and a fifty-two week high of $231.46. The stock has a market cap of $25.78 billion, a PE ratio of 82.86, a price-to-earnings-growth ratio of 2.84 and a beta of 1.94. The firm's fifty day simple moving average is $204.05 and its 200-day simple moving average is $167.28.

XPO (NYSE:XPO - Get Free Report) last posted 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 for the quarter, compared to analysts' expectations of $2.04 billion. During the same period in the prior year, the company posted $0.73 EPS. The business's revenue for the quarter was up 7.3% on a year-over-year basis. Analysts expect that XPO will post 4.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of XPO. Amundi raised its stake in shares of XPO by 50.7% during the first quarter. Amundi now owns 5,412 shares of the transportation company's stock valued at $582,000 after purchasing an additional 1,820 shares during the period. AQR Capital Management LLC raised its stake in shares of XPO by 7.6% during the first quarter. AQR Capital Management LLC now owns 17,654 shares of the transportation company's stock valued at $1,856,000 after purchasing an additional 1,243 shares during the period. NewEdge Advisors LLC raised its stake in shares of XPO by 3.2% during the first quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company's stock valued at $1,228,000 after purchasing an additional 355 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of XPO by 35.8% during the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company's stock valued at $42,000 after purchasing an additional 88 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of XPO during the second quarter valued at approximately $611,000. Hedge funds and other institutional investors own 97.73% of the company's stock.

Key Stories 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.

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