GXO Logistics, Inc. (GXO)
NYSE: GXO · IEX Real-Time Price · USD
54.14
+0.16 (0.30%)
At close: Jul 19, 2024, 4:00 PM
50.00
-4.14 (-7.65%)
After-hours: Jul 20, 2024, 1:23 PM EDT
GXO Logistics Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for GXO Logistics stock have an average target of 69.08, with a low estimate of 50 and a high estimate of 82. The average target predicts an increase of 27.60% from the current stock price of 54.14.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GXO Logistics stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 4 | 4 |
| Buy | 7 | 7 | 6 | 6 | 7 | 7 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $61 → $63 | Buy | Maintains | $61 → $63 | +16.36% | Jul 9, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $58 | Buy | Initiates | $58 | +7.13% | Jun 7, 2024 |
| Stifel | Stifel | Strong Buy Maintains $74 | Strong Buy | Maintains | $74 | +36.68% | May 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $70 | Buy | Initiates | $70 | +29.29% | May 14, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $80 → $82 | Strong Buy | Maintains | $80 → $82 | +51.46% | May 9, 2024 |
Financial Forecast
Revenue This Year
11.30B
from 9.78B
Increased by 15.51%
Revenue Next Year
12.43B
from 11.30B
Increased by 10.02%
EPS This Year
2.82
from 1.92
Increased by 47.08%
EPS Next Year
3.32
from 2.82
Increased by 17.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.2B | 13.8B | 15.2B | 16.7B |
| Avg | 11.3B | 12.4B | 13.1B | 15.7B |
| Low | 10.0B | 10.3B | 10.7B | 14.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.2% | 22.4% | 22.4% | 27.3% |
| Avg | 15.5% | 10.0% | 5.7% | 19.7% |
| Low | 2.1% | -8.6% | -13.9% | 13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.08 | 3.78 | 4.10 | 4.44 |
| Avg | 2.82 | 3.32 | 3.81 | 4.27 |
| Low | 2.53 | 2.89 | 3.55 | 4.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 60.2% | 33.8% | 23.4% | 16.6% |
| Avg | 47.1% | 17.5% | 14.8% | 12.1% |
| Low | 31.7% | 2.4% | 6.9% | 8.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.