XPO (XPO) Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for XPO in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XPO shares.
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20 brokers have issued 12 month price targets for XPO's stock. Their XPO share price forecasts range from $36.00 to $72.00. On average, they expect the company's stock price to reach $49.19 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
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XPO's stock was trading at $33.29 at the beginning of 2023. Since then, XPO stock has increased by 45.8% and is now trading at $48.54.
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XPO saw a increase in short interest in April. As of April 30th, there was short interest totaling 6,610,000 shares, an increase of 36.0% from the April 15th total of 4,860,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the days-to-cover ratio is currently 2.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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XPO, Inc. (NYSE:XPO) announced its earnings results on Thursday, May, 4th. The transportation company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.11. The transportation company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. XPO had a net margin of 1.92% and a trailing twelve-month return on equity of 39.93%. The firm's revenue for the quarter was down 45.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.25 earnings per share.

ETFs with the largest weight of XPO (NYSE:XPO) stock in their portfolio include Innovator IBD Breakout Opportunities ETF (BOUT), SPDR S&P Transportation ETF (XTN), Invesco S&P MidCap 400 Pure Value ETF (RFV), Motley Fool Mid-Cap Growth ETF (TMFM), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), ProShares Supply Chain Logistics ETF (SUPL), Invesco S&P MidCap Quality ETF (XMHQ) and First Trust Nasdaq Transportation ETF (FTXR).

2,170 employees have rated XPO Chief Executive Officer Bradley S. Jacobs on Glassdoor.com. Bradley S. Jacobs has an approval rating of 87% among the company's employees. 72.0% of employees surveyed would recommend working at XPO to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other XPO investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Walt Disney (DIS), Netflix (NFLX), Visa (V), PayPal (PYPL), Adobe (ADBE), Block (SQ) and Advanced Micro Devices (AMD).

XPO trades on the New York Stock Exchange (NYSE) under the ticker symbol "XPO."

XPO's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.46%), Orbis Allan Gray Ltd (8.42%), FMR LLC (4.87%), State Street Corp (2.80%), Frontier Capital Management Co. LLC (2.66%) and Cercano Management LLC (2.20%). Insiders that own company stock include Adrian Kingshott, J Wes Frye, Jacobs Private Equity, Llc, Kevin J Yeaman, Lance A Robinson, Lance A Robinson, Mario A Harik, S Jacobs Bradley and Troy A Cooper.
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Shares of XPO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of XPO stock can currently be purchased for approximately $48.54.

XPO (NYSE:XPO) has a market capitalization of $5.62 billion and generates $7.72 billion in revenue each year. The transportation company earns $666 million in net income (profit) each year or $1.67 on an earnings per share basis.

The company employs 38,000 workers across the globe.

XPO's mailing address is 5 AMERICAN LANE, GREENWICH CT, 06831. The official website for the company is www.xpo.com. The transportation company can be reached via phone at (855) 976-6951, via email at investors@xpo.com, or via fax at 269-695-7458.