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

GXO Logistics (NYSE:GXO) had its price target boosted by research analysts at JPMorgan Chase & Co. from $68.00 to $73.00 in a report released on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 32.01% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Oppenheimer lifted their price target on shares of GXO Logistics from $61.00 to $65.00 and gave the stock an “outperform” rating in a research note on Thursday. Truist Financial decreased 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 set an “overweight” rating and a $75.00 target price on the stock. Weiss Ratings raised GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 16th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of GXO Logistics in a research report on Thursday. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $65.20.

GXO Logistics Stock Performance

Shares of NYSE:GXO traded down $1.66 during trading on Thursday, hitting $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 50-day moving average of $47.28 and a 200-day moving average of $51.78. GXO Logistics has a 12 month low of $43.61 and a 12 month high of $66.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 46.86, a P/E/G ratio of 1.63 and a beta of 1.52.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, November 3rd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.03. GXO Logistics had a net margin of 0.98% and a return on equity of 10.92%. The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.54 billion. During the same period in the previous year, the business posted $0.79 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts expect that GXO Logistics will post 3.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC purchased a new stake in shares of GXO Logistics in the first quarter worth approximately $2,919,000. Public Employees Retirement System of Ohio bought a new stake in shares of GXO Logistics during the 2nd quarter worth approximately $1,650,000. Edgestream Partners L.P. boosted its holdings in GXO Logistics by 1,344.4% during the 1st quarter. Edgestream Partners L.P. now owns 108,601 shares of the company’s stock valued at $5,631,000 after acquiring an additional 101,082 shares during the period. Dimensional Fund Advisors LP boosted its holdings in GXO Logistics by 8.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock valued at $252,318,000 after acquiring an additional 371,391 shares during the period. Finally, Segall Bryant & Hamill LLC boosted its holdings in GXO Logistics by 9.6% during the 1st quarter. Segall Bryant & Hamill LLC now owns 261,426 shares of the company’s stock valued at $13,555,000 after acquiring an additional 22,940 shares during the period. Institutional investors own 90.67% of the company’s stock.

GXO Logistics News Roundup

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.