XPO (NYSE:XPO) Given New $230.00 Price Target at Wells Fargo & Company

XPO (NYSE:XPO) had its price objective decreased by Wells Fargo & Company from $250.00 to $230.00 in a research note published on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the transportation company’s stock.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their price objective on shares of XPO from $214.00 to $205.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of XPO in a research report on Wednesday, October 7th. TD Cowen lifted their target price on XPO from $224.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $275.00 price target on shares of XPO in a research report on Friday. Finally, Bank of America increased their price target on XPO from $228.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $221.45.

XPO Trading Up 3.7%

XPO opened at $189.81 on Friday. XPO has a fifty-two week low of $124.82 and a fifty-two week high of $232.05. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.99 and a quick ratio of 1.01. The firm has a market capitalization of $22.22 billion, a price-to-earnings ratio of 44.77, a PEG ratio of 1.81 and a beta of 1.85. The company’s 50 day moving average price is $183.82 and its two-hundred day moving average price is $196.17.

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

Insider Transactions at XPO

In other news, CFO Kyle Wismans sold 750 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $175.47, for a total transaction of $131,602.50. Following the completion of the sale, the chief financial officer directly owned 47,966 shares in the company, valued at $8,416,594.02. This represents a 1.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO David Bates sold 2,615 shares of XPO stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $177.93, for a total transaction of $465,286.95. Following the transaction, the chief operating officer directly owned 62,120 shares of the company’s stock, valued at $11,053,011.60. This represents a 4.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,730 shares of company stock worth $2,208,974 over the last three months. 0.87% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Compass Wealth Management LLC acquired a new position in shares of XPO during the third quarter valued at about $26,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of XPO in the 2nd quarter worth about $32,000. Transamerica Financial Advisors LLC acquired a new stake in shares of XPO in the 2nd quarter worth about $32,000. Lynch Investment Planning LLC acquired a new stake in shares of XPO in the 3rd quarter worth about $33,000. Finally, Reyes Financial Architecture Inc. bought a new position in XPO in the 3rd quarter valued at about $37,000. 97.73% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting XPO

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.