XPO (NYSE:XPO) Stock Price Target Raised at TD Cowen

XPO (NYSE:XPO) had its price target boosted by TD Cowen from $228.00 to $230.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.

Several other research firms have also commented on XPO. Wells Fargo & Company cut their price objective on XPO from $250.00 to $230.00 and set an “overweight” rating on the stock in a research report on Friday. Oppenheimer upped their target price on XPO from $236.00 to $238.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Truist Financial lowered their target price on XPO from $240.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Stifel Nicolaus set a $235.00 target price on XPO in a report on Friday. Finally, Bank of America raised their target price on XPO from $228.00 to $230.00 and gave the company a “buy” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $221.45.

XPO Stock Performance

Shares of XPO stock opened at $189.81 on Friday. The company has a current ratio of 0.99, a quick ratio of 1.01 and a debt-to-equity ratio of 1.52. The company has a market cap of $22.22 billion, a PE ratio of 44.77, a P/E/G ratio of 1.81 and a beta of 1.85. The company’s fifty day simple moving average is $183.82 and its 200-day simple moving average is $196.17. XPO has a 52 week low of $124.82 and a 52 week high of $232.05.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, October 29th. The transportation company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.12. XPO had a net margin of 5.69% and a return on equity of 32.80%. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the prior year, the company earned $1.07 EPS. The firm’s revenue was up 12.4% on a year-over-year basis. As a group, equities research analysts anticipate that XPO will post 5.54 EPS for the current year.

Insider Activity at XPO

In related news, CAO Christopher Brown sold 3,750 shares of XPO stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $201.94, for a total transaction of $757,275.00. Following the sale, the chief accounting officer owned 31,005 shares of the company’s stock, valued at $6,261,149.70. The trade was a 10.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Kyle Wismans sold 750 shares of XPO stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $175.47, for a total transaction of $131,602.50. Following the sale, the chief financial officer directly owned 47,966 shares in the company, valued at $8,416,594.02. This trade represents a 1.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 11,730 shares of company stock valued at $2,208,974. Corporate insiders own 0.87% of the company’s stock.

Institutional Trading of XPO

A number of hedge funds and other institutional investors have recently modified their holdings of XPO. BlackRock Inc. purchased a new position in XPO in the second quarter valued at about $2,985,276,000. MFN Partners Management LP purchased a new stake in XPO during the 2nd quarter worth approximately $2,026,148,865. Bessemer Group Inc. increased its holdings in XPO by 115.9% during the 1st quarter. Bessemer Group Inc. now owns 2,420,899 shares of the transportation company’s stock worth $470,986,000 after purchasing an additional 1,299,480 shares during the last quarter. Findlay Park Partners LLP acquired a new position in shares of XPO in the 2nd quarter valued at approximately $236,104,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of XPO in the 2nd quarter valued at approximately $151,798,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO News Summary

Here are the key news stories impacting XPO this week:

• Positive Sentiment: Quarterly earnings beat expectations. XPO reported adjusted diluted EPS of $1.70, up from $1.07 a year earlier and above the $1.58 analyst consensus. Revenue rose 12.4% year over year to $2.37 billion, broadly in line with estimates. XPO Reports Third Quarter 2026 Results
• Positive Sentiment: Operating momentum strengthened. North American less-than-truckload tonnage increased 5%, the company’s best performance in years, while revenue including fuel surcharges climbed 17%. Pricing actions and operating initiatives helped drive margin improvement, with management indicating there is additional room for gains. After Another Strong Quarter, XPO Sees More Room for Margin Improvements
• Positive Sentiment: Analyst targets remain bullish. TD Cowen raised its target from $228 to $230 and assigned a “buy” rating, while Citigroup increased its target from $224 to $229 and also rated the stock “buy.” Both targets imply more than 20% potential upside from the referenced price. TD Cowen XPO recommendations
• Neutral Sentiment: Wells Fargo reduced its target but retained a positive view. The firm lowered its price target from $250 to $230 while maintaining an “overweight” rating, suggesting tempered expectations rather than a bearish change in stance. Wells Fargo XPO recommendations
• Negative Sentiment: Valuation and recent gains remain risks. Commentary noted that XPO’s stock has already risen substantially, potentially limiting near-term upside. Its elevated earnings multiple means further appreciation depends on continued freight growth, margin expansion and execution.

About XPO

XPO, Inc is a transportation and logistics company that provides freight-moving services to businesses across North America and Europe. Its operations are centered on less-than-truckload (LTL) transportation, which involves consolidating shipments from multiple customers onto a single truck and is commonly used for freight that does not require a full trailer.

In North America, XPO provides regional, interregional and national LTL services, along with related offerings such as freight pickup and delivery, shipment visibility and technology-enabled transportation management.