GXO Logistics, Inc. (GXO)
NYSE: GXO · Real-Time Price · USD
60.42
-0.24 (-0.40%)
Oct 29, 2024, 4:00 PM EDT - Market closed

GXO Logistics Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for GXO Logistics stock have an average target of 66.75, with a low estimate of 50 and a high estimate of 82. The average target predicts an increase of 10.48% from the current stock price of 60.42.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $50 $66.75 $66 $82
Change -17.25% +10.48% +9.24% +35.72%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 544445
Buy 677766
Hold 111111
Sell 000000
Strong Sell 000000
Total 121212121112

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Initiates
$60
Strong Buy Initiates $60 -0.70% Oct 9, 2024
Susquehanna
Susquehanna
Buy
Maintains
$75$73
Buy Maintains $75$73 +20.82% Sep 26, 2024
UBS
UBS
Strong Buy
Maintains
$71$66
Strong Buy Maintains $71$66 +9.24% Aug 7, 2024
JP Morgan
JP Morgan
Buy
Maintains
$61$63
Buy Maintains $61$63 +4.27% Jul 9, 2024
Wells Fargo
Wells Fargo
Buy
Initiates
$58
Buy Initiates $58 -4.01% Jun 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
11.61B
from 9.78B
Increased by 18.68%
Revenue Next Year
12.81B
from 11.61B
Increased by 10.37%
EPS This Year
2.80
from 1.92
Increased by 45.65%
EPS Next Year
3.36
from 2.80
Increased by 20.18%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.09B6.20B7.94B8.99B9.78B11.61B12.81B13.71B
Revenue Growth
0.48%1.66%28.17%13.26%8.73%18.68%10.37%7.03%
EPS
0.52-0.271.321.671.922.803.363.89
EPS Growth
---26.52%14.97%45.65%20.18%15.65%
Forward PE
-----21.6117.9815.54
No. Analysts -----16168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 12.3B 13.8B 15.1B
Avg 11.6B 12.8B 13.7B
Low 11.0B 11.8B 12.6B

Revenue Growth

Revenue Growth 2024202520262027
High
25.7%
19.3%
17.7%
Avg
18.7%
10.4%
7.0%
Low
12.2%
1.7%
-1.6%

EPS Forecast

EPS 2024202520262027
High 2.98 3.78 4.20
Avg 2.80 3.36 3.89
Low 2.56 3.06 3.68

EPS Growth

EPS Growth 2024202520262027
High
55.3%
35.2%
25.0%
Avg
45.6%
20.2%
15.7%
Low
33.2%
9.3%
9.3%
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.