Stifel cuts XPO stock price target to $135, maintains buy rating

Published 01/05/2025, 15:36
Stifel cuts XPO stock price target to $135, maintains buy rating

On Thursday, Stifel analysts adjusted their stance on XPO Logistics , Inc. (NYSE:XPO), reducing the firm’s price target on the stock to $135 from $142 while reiterating a Buy rating. Currently trading at $105.88, XPO has seen its price fall significantly over the last three months, though InvestingPro data shows analyst targets ranging from $85 to $160. The revision follows XPO’s first-quarter performance, where the company managed to expand its margins despite a challenging freight market.

XPO reported an adjusted EBITDA of $287 million and adjusted earnings per share (EPS) of $0.73, surpassing Wall Street’s expectations by approximately 2% and 10%, respectively. With trailing twelve-month EBITDA reaching $1.2 billion and revenue of $8 billion, the company demonstrates solid operational performance. The results were attributed to the company’s successful implementation of its LTL 2.0 operating improvement plan, which focuses on managing controllable aspects of the business such as service investments, pricing, and cost efficiencies. For deeper insights into XPO’s financial health and valuation metrics, check out the comprehensive research report available on InvestingPro.

The company’s management is committed to driving long-term earnings growth through these initiatives, which are designed to counterbalance market pressures. Even with potential demand remaining below seasonal trends throughout 2025, XPO is expected to achieve a year-over-year margin expansion of about 100 basis points.

Stifel’s analysts highlighted XPO’s unique ability to scale its operations while enhancing profitability. They also noted that the company is well-positioned to increase its market share once the economic cycle turns favorable. The analysts emphasized that despite the reduced price target, XPO’s ongoing improvements and strategic initiatives support a continued optimistic outlook for the stock.

In other recent news, XPO Logistics reported its first-quarter 2025 earnings, surpassing analyst expectations with an adjusted diluted earnings per share (EPS) of $0.73, compared to the forecasted $0.68. However, the company’s revenue fell short of projections, coming in at $1.95 billion against a forecast of $1.98 billion. Despite the revenue miss, XPO’s operating income rose 9% year-over-year to $151 million, and net income increased by 3% to $69 million. Analysts at BMO Capital Markets and BofA Securities have adjusted their price targets for XPO Logistics, cutting them to $145 and $119, respectively, while maintaining positive ratings on the stock. BMO Capital noted XPO’s likelihood of achieving its operating ratio target ahead of schedule due to improvements in revenue quality and productivity. Meanwhile, BofA highlighted XPO’s progress in enhancing less-than-truckload (LTL) yield, productivity, and service quality. XPO also reported a decline in outsourced linehaul miles and an increase in contract renewals, reflecting strategic moves to enhance operational efficiency. The company’s ongoing investments in AI technology are expected to further enhance operational efficiency and margin improvements in the coming quarters.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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