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Investing.com - Stifel raised its price target on RXO, Inc. (NYSE:RXO) to $17.00 from $14.00 on Friday, while maintaining a Hold rating on the truckload brokerage company. The stock, currently trading at $17.66, has shown significant volatility with a 25.5% gain over the past six months, according to InvestingPro data.
The research firm cited RXO’s technological advantage relative to peers as a key factor that will support above-market growth and lead to multiple expansion as the standalone company matures. This aligns with InvestingPro analysis, which indicates that net income and sales are expected to grow this year, despite the company operating with moderate debt levels.
RXO predominantly operates within the truckload brokerage industry, with additional service offerings including managed transportation, last-mile delivery and freight forwarding.
Stifel’s rating is based on assumptions of market growth and RXO’s ability to continue growing market share while serving its diverse clientele.
The price target increase represents a 21.4% boost from the previous target of $14.00 set by the firm.
In other recent news, RXO Inc reported its second-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.04, which was significantly below the forecasted $0.22. The company’s revenue reached $1.4 billion, aligning with expectations but failing to mitigate the impact of the EPS miss on investor sentiment. Additionally, Barclays reduced its price target for RXO to $17.00 from $18.00, maintaining an Overweight rating due to ongoing operational progress and synergies from the 2024 Coyote acquisition. Meanwhile, BofA Securities lowered its price target to $16.00, citing a flat EBITDA outlook, with a revised estimate of $39 million for the third quarter of 2025. TD Cowen raised its price target to $16.00, highlighting RXO’s strong performance in the less-than-truckload (LTL) segment during the second quarter. Truist Securities maintained its Buy rating with a $20.00 price target, noting RXO’s favorable positioning amid emerging signs of capacity tightening in the freight market. These developments reflect a mix of positive and cautious outlooks from various analyst firms.
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