Evercore ISI Group Rates XPO buy, $232 Price Target

Evercore ISI Group raised its rating on XPO, Inc. to 'buy' with a $232 price target, a 13.01% upside from the current price.

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Evercore ISI Group rated XPO, Inc. ($XPO) "buy" with a $232 price target on July 1, 2026.

Since the rating, $XPO is down 1.2% after 1 week, down 2.9% after 1 month and down 9.8% to date (from the $207.06 close on Jul 1, 2026).

XPO XPO, Inc.
$186.67 +34.50% year to date
Daily close · Oct 16, 2026

Key Points

  • Evercore ISI Group upgraded XPO, Inc. to a 'buy' rating on July 1, 2026, setting a new price target of $232.
  • Evercore ISI Group's $232 price target implies 13.01% upside from XPO, Inc.'s ($XPO) current $205.29 share price.
  • XPO, Inc. shares traded at $206.14 on Wednesday, with a market cap of $24.1 billion and a P/E ratio of 70.3.
  • Notable insider transactions include CEO Mario Harik selling 24,781 shares on March 15, 2026.

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Evercore ISI Group has upgraded its rating on XPO, Inc. (NYSE: XPO) to 'buy', setting a new price target of $232. This change was announced on July 1, 2026, by analyst Jonathan Chappell. XPO shares were trading at $206.14 on Wednesday.

Analyst rating track record

Evercore ISI Group vs. the S&P 500

YTD return +15.45% hypothetical
All-time return +28.68% S&P 500 +28.47%
vs. S&P 500 +0.21% ahead of the index

Hypothetical returns from Evercore ISI Group's disclosed trades, not real profit or advice. How we model this.

XPO, Inc. Stock Up 17.8%

Shares of NYSE:XPO traded near $206.14 on Wednesday. XPO, Inc. has a market cap of approximately $24.1 billion, with a P/E ratio of 70.3 and a forward P/E of 34.1. The stock has a 52-week low of $116.68 and a 52-week high of $232.05. Its 50-day moving average stands at $212.33, while the 200-day moving average is $172.00. The company's beta is 1.638, indicating higher volatility compared to the market.

12-month forecast

$XPO price target

XPO, Inc. daily closes and this analyst's $232 target. Not advice.

Insider Buying and Selling at XPO, Inc.

Recent insider activity at XPO, Inc. includes several transactions. On May 28, 2026, insider Allison Landry sold 2,400 shares at an average price of $215.61. Earlier, on March 15, 2026, Chief Accounting Officer Christopher Michael Brown sold 1,193 shares at $181.71. CEO Mario Harik sold 24,781 shares on the same day, though the price was not specified. Chief Financial Officer Kyle Wismans was active on March 15, both selling and buying 9,783 shares, though no price was listed for these transactions.

Analysts Set New Price Targets

On July 1, 2026, Evercore ISI Group upgraded XPO, Inc. to a 'buy' rating with a $232 price target. Citigroup maintained its 'hold' rating on June 15, 2026, with a target of $236. JP Morgan, Wells Fargo, and BMO Capital all maintained 'buy' ratings in June, with targets ranging from $210 to $250. The consensus among analysts is a 'buy' recommendation, with a mean target price of $226.09 based on 22 opinions.

About XPO, Inc.

XPO, Inc., based in Greenwich, Connecticut, provides freight transportation services across North America and Europe. The company operates in two main segments: North American Less-Than-Truckload (LTL) and European Transportation. Its services include truckload, LTL, freight forwarding, and warehousing solutions. Founded in 1989, XPO, Inc. employs around 37,000 people and is led by CEO Mario A. Harik.

Bottom Line

Evercore ISI Group's upgrade to a 'buy' rating and the new $232 price target reflect confidence in XPO, Inc.'s prospects. Investors often track such analyst updates for potential impacts on stock performance. Note that analyst ratings are based on projections and may not predict future performance accurately.

Source: Evercore ISI Group's rating change on $XPO (Jul 1, 2026). Written by software, not financial advice. How we make alerts

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