Citigroup Forecasts Strong Price Appreciation for GXO Logistics (NYSE:GXO) Stock

Posted by Stanley Muller on Nov 7th, 2026

GXO Logistics (NYSE:GXO – Get Free Report) had its price target upped by research analysts at Citigroup from $65.00 to $66.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup‘s price target indicates a potential upside of 19.48% from the stock’s previous close.

A number of other research firms have also commented on GXO. Stifel Nicolaus reduced their target price on GXO Logistics from $71.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. UBS Group lowered their target price on shares of GXO Logistics from $74.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Stephens started coverage on shares of GXO Logistics in a research note on Wednesday, July 8th. They issued an “overweight” rating and a $75.00 price target for the company. The Goldman Sachs Group upgraded shares of GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 price target for the company in a research note on Wednesday, October 14th. Finally, Citizens Jmp started coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price objective for the company. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, GXO Logistics has an average rating of “Moderate Buy” and a consensus price target of $65.57.

Read Our Latest Research Report on GXO Logistics

GXO Logistics Trading Up 0.1%

GXO Logistics stock traded up $0.06 during trading hours on Thursday, reaching $55.24. The stock had a trading volume of 1,269,269 shares, compared to its average volume of 1,000,167. GXO Logistics has a 52 week low of $43.61 and a 52 week high of $66.85. The stock has a market cap of $6.33 billion, a PE ratio of 46.81, a PEG ratio of 1.63 and a beta of 1.52. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. The company has a fifty day simple moving average of $47.57 and a 200-day simple moving average of $51.77.

GXO Logistics (NYSE:GXO – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.03. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter last year, the business posted $0.79 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts forecast that GXO Logistics will post 3.07 EPS for the current fiscal year.

Institutional Investors Weigh In On GXO Logistics

Several hedge funds have recently modified their holdings of the company. Maryland State Retirement & Pension System boosted its stake in shares of GXO Logistics by 25.4% during the 3rd quarter. Maryland State Retirement & Pension System now owns 6,877 shares of the company’s stock worth $306,000 after acquiring an additional 1,391 shares in the last quarter. Leuthold Group LLC increased its stake in shares of GXO Logistics by 9.7% in the 3rd quarter. Leuthold Group LLC now owns 65,787 shares of the company’s stock valued at $2,924,000 after purchasing an additional 5,800 shares in the last quarter. Fulcrum Asset Management LLP purchased a new position in shares of GXO Logistics in the 3rd quarter valued at about $471,000. Ethic Inc. raised its holdings in GXO Logistics by 24.0% in the 3rd quarter. Ethic Inc. now owns 14,011 shares of the company’s stock worth $623,000 after purchasing an additional 2,709 shares during the period. Finally, Pictet Asset Management Holding SA raised its holdings in GXO Logistics by 6.5% in the 3rd quarter. Pictet Asset Management Holding SA now owns 17,620 shares of the company’s stock worth $783,000 after purchasing an additional 1,073 shares during the period. 90.67% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting GXO Logistics

Here are the key news stories impacting GXO Logistics this week:

Positive Sentiment: Broad analyst optimism: JPMorgan raised its target to $73 and maintained an overweight rating; UBS lifted its target to $69 with a buy rating; Susquehanna raised its target to $66 and assigned a positive rating. Citigroup and Oppenheimer also raised their targets, to $66 and $65, respectively, with buy/outperform ratings. JPMorgan rating UBS rating Susquehanna rating Citigroup rating Oppenheimer rating
Positive Sentiment: Quarterly results beat estimates: GXO reported Q3 earnings of $0.89 per share versus the $0.86 consensus and revenue of $3.59 billion versus $3.54 billion expected. Revenue grew 5.7% year over year. Coverage also noted expanded AI and automation initiatives. GXO Q3 growth and automation
Positive Sentiment: Improving outlook: GXO’s CEO sees growth accelerating and a margin inflection ahead, signaling potential operating improvement that may support future earnings. CEO outlook

About GXO Logistics

(Get Free Report)

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.