Expeditors International of Washington (EXPD) Stock Forecast & Price Target

$124.23

-0.62 (-0.50%)

(As of 07/26/2024 ET)

Expeditors International of Washington - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Expeditors International of Washington in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 10 analysts, 2 have given a sell rating, and 8 have given a hold rating for EXPD.

Consensus Price Target

$113.56
-8.59% Downside

High Forecast	$132.00
Average Forecast	$113.56
Low Forecast	$84.00

According to the 10 analysts' twelve-month price targets for Expeditors International of Washington, the average price target is $113.56. The highest price target for EXPD is $132.00, while the lowest price target for EXPD is $84.00. The average price target represents a forecasted downside of -8.59% from the current price of $124.23.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Reduce	Reduce	Reduce	Sell
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$113.56	$111.88	$108.63	$102.33
Forecasted Upside	-8.59% Downside	-4.75% Downside	-8.29% Downside	-7.55% Downside

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EXPD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EXPD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Expeditors International of Washington Stock vs. The Competition

Type	Expeditors International of Washington	Transportation Companies	S&P 500
Consensus Rating Score	1.80	2.55	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	-8.59% Downside	35.02% Upside	9.10% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	Bank of America 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$131.00 ➝ $132.00	+8.68%
7/3/2024	Robert W. Baird 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$118.00 ➝ $126.00	+3.86%
5/28/2024	Wolfe Research 3 of 5 stars		Upgrade	Underperform ➝ Peer Perform
5/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$112.00 ➝ $114.00	-2.31%
5/14/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Joynson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$112.00	-4.77%
5/8/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$112.00 ➝ $120.00	+4.50%
Get the Latest News and Ratings for EXPD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Expeditors International of Washington and its competitors with MarketBeat's FREE daily newsletter.
5/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$111.00 ➝ $112.00	-2.46%
4/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$106.00 ➝ $107.00	-9.59%
11/13/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$85.00 ➝ $84.00	-26.32%
8/9/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$105.00 ➝ $115.00	-2.91%
5/3/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$90.00 ➝ $95.00	-16.11%
2/22/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Allison Poliniak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight	$95.00 ➝ $100.00	-4.94%
1/6/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$122.00 ➝ $108.00	+2.94%
11/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$122.00	+5.48%
11/9/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$110.00 ➝ $95.00	-9.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:54 AM ET.

EXPD Forecast - Frequently Asked Questions

What is Expeditors International of Washington's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Expeditors International of Washington is $113.56, with a high forecast of $132.00 and a low forecast of $84.00.
Should I buy or sell Expeditors International of Washington stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Expeditors International of Washington in the last year. There are currently 2 sell ratings and 8 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" EXPD shares.
Does Expeditors International of Washington's stock price have much downside?: According to analysts, Expeditors International of Washington's stock has a predicted downside of -3.36% based on their 12-month stock forecasts.
Has Expeditors International of Washington been upgraded by Wall Street analysts recently?: Over the previous 90 days, Expeditors International of Washington's stock had 2 upgrades by analysts.
What analysts cover Expeditors International of Washington?: Expeditors International of Washington has been rated by research analysts at Bank of America, BNP Paribas, Robert W. Baird, Stifel Nicolaus, Susquehanna, TD Cowen, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Expeditors International of Washington more than its competitors?: Analysts like Expeditors International of Washington less than other "transportation" companies. The consensus rating for Expeditors International of Washington is Reduce while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how EXPD compares to other companies.