GXO Logistics (NYSE:GXO) Price Target Raised to $69.00

GXO Logistics (NYSE:GXO) had its target price lifted by investment analysts at UBS Group from $64.00 to $69.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group‘s price target points to a potential upside of 24.78% from the stock’s previous close.

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. The Goldman Sachs Group restated a “buy” rating and issued a $66.00 price objective on shares of GXO Logistics 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. TD Cowen lifted their target price on GXO Logistics from $69.00 to $72.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Citizens Jmp began coverage on GXO Logistics in a report on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price target for the company. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.87.

GXO Logistics Stock Performance

Shares of NYSE GXO traded down $1.66 during midday trading on Thursday, hitting $55.30. 2,859,400 shares of the company’s stock traded hands, compared to its average volume of 1,362,969. The firm has a fifty day moving average of $47.28 and a 200 day moving average of $51.78. GXO Logistics has a 1 year low of $43.61 and a 1 year high of $66.85. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of 46.86, a price-to-earnings-growth 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, analysts forecast that GXO Logistics will post 3.05 earnings per share for the current year.

Institutional Investors Weigh In On GXO Logistics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its holdings in GXO Logistics by 25.4% during the third quarter. Maryland State Retirement & Pension System now owns 6,877 shares of the company’s stock valued at $306,000 after purchasing an additional 1,391 shares in the last quarter. Leuthold Group LLC boosted its position in shares of GXO Logistics by 9.7% in the third quarter. Leuthold Group LLC now owns 65,787 shares of the company’s stock worth $2,924,000 after purchasing an additional 5,800 shares during the period. Fulcrum Asset Management LLP purchased a new stake in shares of GXO Logistics in the third quarter worth $471,000. Ethic Inc. increased its stake in shares of GXO Logistics by 24.0% in the third quarter. Ethic Inc. now owns 14,011 shares of the company’s stock worth $623,000 after purchasing an additional 2,709 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its stake in shares of GXO Logistics by 6.5% in the third quarter. Pictet Asset Management Holding SA now owns 17,620 shares of the company’s stock worth $783,000 after purchasing an additional 1,073 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

Trending Headlines about GXO Logistics

Here are the key news stories impacting GXO Logistics this week:

• Positive Sentiment: GXO earned $0.89 per share, above the $0.86 consensus, and revenue of about $3.59 billion also topped estimates. Revenue rose 5.7% year over year. Zacks Q3 earnings report
• Positive Sentiment: Management reiterated 2026 adjusted EPS guidance of $2.95–$3.15 and forecast more than $850 million in incremental revenue in 2027, supporting the growth outlook. GXO outlook report
• Positive Sentiment: CEO Patrick Kelleher sees growth accelerating and margins improving; reports also cite data-center demand and expanding AI and automation initiatives as potential drivers. Yahoo Finance CEO interview Logistics Management report
• Positive Sentiment: JPMorgan raised its target to $73 and maintained Overweight; Citi lifted its target to $66 with a Buy rating, and Oppenheimer raised its target to $65 with an Outperform rating. Read More., Read More., Read More.
• Neutral Sentiment: GXO shares moved lower despite the upbeat earnings, outlook, and analyst actions. The supplied reports do not point to a specific negative catalyst for the move.

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.