GXO Logistics (NYSE:GXO) Stock Price Target Raised at JPMorgan Chase & Co.

GXO Logistics (NYSE:GXO) had its target price raised by JPMorgan Chase & Co. from $68.00 to $73.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages have also weighed in on GXO. Citigroup boosted their target price on GXO Logistics from $65.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday. Oppenheimer raised their price target on shares of GXO Logistics from $61.00 to $65.00 and gave the company an “outperform” rating in a report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $66.00 price target on shares of GXO Logistics in a research note on Thursday. Stephens initiated coverage on shares of GXO Logistics in a report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 price objective for the company. Finally, Wells Fargo & Company began coverage on shares of GXO Logistics in a research report on Tuesday, July 28th. They set an “overweight” rating and a $18.00 price objective on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.00.

GXO Logistics Trading Down 2.9%

NYSE GXO opened at $55.30 on Thursday. GXO Logistics has a 12 month low of $43.61 and a 12 month high of $66.85. The company has a current ratio of 0.76, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock’s fifty day moving average price is $47.42 and its 200-day moving average price is $51.77. The stock has a market cap of $6.34 billion, a P/E ratio of 46.86, a P/E/G ratio of 1.78 and a beta of 1.52.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.03. GXO Logistics had a net margin of 0.98% and a return on equity of 10.91%. 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 earned $0.79 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, equities analysts forecast that GXO Logistics will post 3.05 EPS for the current fiscal year.

Institutional Trading of GXO Logistics

Hedge funds and other institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System raised 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 acquiring an additional 1,391 shares during the period. Leuthold Group LLC increased its stake in GXO Logistics by 9.7% during the third quarter. Leuthold Group LLC now owns 65,787 shares of the company’s stock worth $2,924,000 after acquiring an additional 5,800 shares during the last quarter. Fulcrum Asset Management LLP purchased a new stake in shares of GXO Logistics in the third quarter valued at $471,000. Ethic Inc. lifted its stake in shares of GXO Logistics by 24.0% during the 3rd quarter. Ethic Inc. now owns 14,011 shares of the company’s stock worth $623,000 after acquiring an additional 2,709 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in GXO Logistics by 6.5% during the 3rd quarter. Pictet Asset Management Holding SA now owns 17,620 shares of the company’s stock valued at $783,000 after buying an additional 1,073 shares in the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics News Summary

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.

About GXO Logistics

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.