XPO, Inc. (NYSE: XPO) Stock Price Target Raised Amid Strong Q1 Performance

Font: Financial Modeling Prep  • May 04, 2026

• Oppenheimer has increased the price target for XPO to $236.00, suggesting a potential upside of 9.6% from its previous stock price of $215.28.
• XPO, Inc. reported robust first-quarter performance, with total revenue climbing 7.3% to nearly $2.10 billion and earnings of $1.01 per share, surpassing consensus estimates of $0.89.
• The North American Less-Than-Truckload (LTL) segment was a key driver, experiencing revenue growth of 4.9% to over $1.20 billion and a significant 20% increase in adjusted operating income to $198.00 million.

XPO, Inc. (NYSE: XPO) is a leading freight transportation company with a market capitalization of approximately $25.28 billion. The company specializes in Less-Than-Truckload (LTL) services, which involves transporting smaller freight shipments from multiple customers on a single truck.

An analyst from Oppenheimer has increased the price target for XPO to $236.00. At the time of the update, the stock's price was $215.28. This new target suggests a potential upside of about 9.6% for the company's shares.

This positive outlook is supported by the company's strong first-quarter performance. XPO reported a 7.3% increase in total revenue to nearly $2.10 billion. As highlighted by Zacks, its earnings of $1.01 per share also surpassed consensus estimates of $0.89.

The North American Less-Than-Truckload segment was a primary driver of this success. The segment's revenue grew by 4.9% to over $1.20 billion. Its adjusted operating income also saw a significant increase of 20% to $198.00 million for the quarter.

XPO's operational efficiency is shown in its 83.9% operating ratio for the LTL segment. This ratio measures operating expenses as a percentage of revenue, meaning a lower number indicates better profitability. This performance is notable during a challenging freight cycle.