GXO Logistics (NYSE:GXO) Stock Crosses Above 200-Day Moving Average – Here’s Why

Posted by Geri Gentry on Nov 4th, 2026

GXO Logistics, Inc. (NYSE:GXO – Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $51.80 and traded as high as $52.67. GXO Logistics shares last traded at $52.0630, with a volume of 2,384,089 shares changing hands.

Key Stories Impacting GXO Logistics

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

Positive Sentiment: GXO reported third-quarter adjusted earnings of $0.89 per share, ahead of the $0.86 consensus estimate. Revenue of $3.59 billion also topped expectations of $3.54 billion and increased 5.7% year over year. GXO Reports Third Quarter 2026 Results
Positive Sentiment: Management reiterated its 2026 adjusted EPS outlook of $2.95–$3.15 and forecast more than $850 million in incremental revenue in 2027, supporting expectations for continued growth. GXO forecasts 2027 revenue growth and reiterates 2026 outlook
Positive Sentiment: Data-center demand is contributing to GXO’s growth, while the company’s record business pipeline offers a potential source of future contract wins. GXO growth fueled by data center demand
Neutral Sentiment: GXO and Agility Robotics plan to expand humanoid-robot deployments at U.S. warehouses in 2027. The initiative could support automation over time, though the financial impact is not yet clear. GXO and Agility Robotics to deploy humanoid robots at more US warehouses in 2027

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of GXO Logistics in a research report on Wednesday. Oppenheimer set a $61.00 price objective on shares of GXO Logistics in a research report on Thursday, August 6th. Stifel Nicolaus dropped their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Truist Financial dropped their price objective on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Finally, Weiss Ratings raised shares of GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 16th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.14.

Get Our Latest Stock Report on GXO Logistics

GXO Logistics Stock Up 9.6%

The company has a market cap of $6.54 billion, a PE ratio of 48.34, a P/E/G ratio of 1.63 and a beta of 1.52. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $47.28 and its 200 day moving average is $51.78.

GXO Logistics (NYSE:GXO – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.03. GXO Logistics had a return on equity of 10.92% and a net margin of 0.98%. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.54 billion. During the same quarter last year, the firm posted $0.79 EPS. The business’s revenue was up 5.7% on a year-over-year basis. As a group, analysts predict that GXO Logistics, Inc. will post 3.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GXO Logistics

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Leuthold Group LLC grew its position in GXO Logistics by 9.7% during the third quarter. Leuthold Group LLC now owns 65,787 shares of the company’s stock worth $2,924,000 after buying an additional 5,800 shares in the last quarter. Fulcrum Asset Management LLP acquired a new position in shares of GXO Logistics in the 3rd quarter worth approximately $471,000. Ethic Inc. lifted its holdings in GXO Logistics by 24.0% during the third quarter. Ethic Inc. now owns 14,011 shares of the company’s stock valued at $623,000 after purchasing an additional 2,709 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of GXO Logistics by 6.5% during the 3rd quarter. Pictet Asset Management Holding SA now owns 17,620 shares of the company’s stock worth $783,000 after acquiring an additional 1,073 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of GXO Logistics by 7.8% in the third quarter. Parallel Advisors LLC now owns 2,719 shares of the company’s stock valued at $121,000 after acquiring an additional 196 shares during the period. 90.67% of the stock is currently owned by hedge funds and other institutional investors.

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.