GXO Logistics (NYSE:GXO – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.950-3.150 for the period, compared to the consensus EPS estimate of 3.060. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several research firms recently commented on GXO. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Citigroup initiated coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating on the stock. Stephens started coverage on GXO Logistics in a research report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 price objective for the company. Morgan Stanley raised their price objective on GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Stifel Nicolaus decreased their target price on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.71.
View Our Latest Stock Analysis on GXO
GXO Logistics Trading Up 3.3%
GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The firm had revenue of $3.44 billion for the quarter, compared to analysts’ expectations of $3.46 billion. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, sell-side analysts predict that GXO Logistics will post 3.07 EPS for the current year.
Institutional Investors Weigh In On GXO Logistics
Several hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of GXO Logistics by 29.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock valued at $1,568,000 after purchasing an additional 9,134 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of GXO Logistics by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock worth $14,741,000 after purchasing an additional 8,670 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after purchasing an additional 1,958 shares during the period. Hsbc Holdings PLC grew its position in GXO Logistics by 2.0% during the second quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock valued at $622,000 after purchasing an additional 253 shares in the last quarter. Finally, M&T Bank Corp purchased a new position in GXO Logistics during the second quarter valued at approximately $271,000. 90.67% of the stock is owned by hedge funds and other institutional investors.
About GXO Logistics
GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.
The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.
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