GXO Logistics, Inc. (GXO)
NYSE: GXO · IEX Real-Time Price · USD
50.23
+1.13 (2.30%)
May 31, 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 69.33, with a low estimate of 50 and a high estimate of 82. The average target predicts an increase of 38.03% from the current stock price of 50.23.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 3 | 3 | 5 | 5 |
| Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $74 | Strong Buy | Maintains | $74 | +47.32% | May 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $70 | Buy | Initiates | $70 | +39.36% | May 14, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $80 → $82 | Strong Buy | Maintains | $80 → $82 | +63.25% | May 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $78 → $80 | Strong Buy | Maintains | $78 → $80 | +59.27% | Apr 25, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $76 → $74 | Strong Buy | Maintains | $76 → $74 | +47.32% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
11.32B
from 9.78B
Increased by 15.81%
Revenue Next Year
12.52B
from 11.32B
Increased by 10.57%
EPS This Year
2.82
from 1.92
Increased by 46.87%
EPS Next Year
3.33
from 2.82
Increased by 18.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.2B | 13.8B | 15.2B | 14.5B |
| Avg | 11.3B | 12.5B | 13.3B | 13.9B |
| Low | 10.1B | 10.8B | 11.6B | 13.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.2% | 22.1% | 21.4% | 8.8% |
| Avg | 15.8% | 10.6% | 6.1% | 4.4% |
| Low | 2.9% | -4.7% | -7.3% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.08 | 3.78 | 4.01 | 3.93 |
| Avg | 2.82 | 3.33 | 3.80 | 3.78 |
| Low | 2.53 | 2.89 | 3.55 | 3.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 60.2% | 34.0% | 20.4% | 3.4% |
| Avg | 46.9% | 18.2% | 14.0% | -0.5% |
| Low | 31.7% | 2.5% | 6.5% | -3.5% |
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.