TD Cowen Boosts XPO (NYSE:XPO) Price Target to $224.00

XPO (NYSE:XPO) had its price objective hoisted by stock analysts at TD Cowen from $192.00 to $224.00 in a report released on Friday. The firm currently has a “buy” rating on the transportation company’s stock. TD Cowen’s price target points to a potential upside of 2.01% from the company’s current price.

XPO has been the subject of a number of other reports. Jefferies Financial Group raised their price target on shares of XPO to $275.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Citigroup reissued a “neutral” rating on shares of XPO in a research report on Friday. Stephens restated an “overweight” rating and issued a $170.00 target price on shares of XPO in a research note on Tuesday, January 6th. Benchmark reaffirmed a “buy” rating on shares of XPO in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPO in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average target price of $198.52.

XPO Stock Up 1.3%

Shares of XPO stock opened at $219.58 on Friday. XPO has a one year low of $103.71 and a one year high of $231.46. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s 50-day moving average is $204.05 and its 200 day moving average is $167.28. The firm has a market cap of $25.78 billion, a price-to-earnings ratio of 82.86, a PEG ratio of 2.84 and a beta of 1.94.

XPO (NYSE:XPO) last released its earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.04 billion. XPO had a return on equity of 25.07% and a net margin of 3.87%.During the same quarter last year, the firm posted $0.73 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. Equities research analysts anticipate that XPO will post 4.49 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Amundi grew its holdings 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 buying an additional 1,820 shares during the last quarter. AQR Capital Management LLC boosted its stake in XPO by 7.6% during the 1st 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 last quarter. NewEdge Advisors LLC increased its holdings in XPO by 3.2% during the 1st quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company’s stock worth $1,228,000 after purchasing an additional 355 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in XPO by 35.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock worth $42,000 after purchasing an additional 88 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of XPO in the second quarter worth approximately $611,000. 97.73% of the stock is owned by institutional investors.

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

About XPO

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.