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RXO (RXO) Stock Forecast & Price Target

RXO logo
$27.79 -1.62 (-5.51%)
(As of 11/12/2024 ET)

RXO - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
11
Buy
3

Based on 16 Wall Street analysts who have issued ratings for RXO in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 2 have given a sell rating, 11 have given a hold rating, and 3 have given a buy rating for RXO.

Consensus Price Target

$26.29
-5.41% Downside
According to the 16 analysts' twelve-month price targets for RXO, the average price target is $26.29. The highest price target for RXO is $33.00, while the lowest price target for RXO is $12.00. The average price target represents a forecasted downside of -5.41% from the current price of $27.79.

RXO Analyst Ratings Over Time

TypeCurrent Forecast
11/14/23 to 11/13/24
1 Month Ago
10/15/23 to 10/14/24
3 Months Ago
8/16/23 to 8/15/24
1 Year Ago
11/14/22 to 11/14/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
11 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
10 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$26.29$26.23$26.00$20.81
Forecasted Upside-5.41% Downside-11.56% Downside-9.28% Downside3.96% Upside
Consensus Rating
Hold
Hold
Hold
Hold

RXO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RXO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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RXO Stock vs. The Competition

TypeRXOTransportation CompaniesS&P 500
Consensus Rating Score
2.06
2.58
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-5.41% Downside32.22% Upside7.92% Upside
News Sentiment Rating
Neutral News

See Recent RXO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/12/2024Susquehanna
2 of 5 stars
 Lower TargetNegative ➝ Negative$16.00 ➝ $12.00-57.60%
11/12/2024Citigroup
3 of 5 stars
A. Rosa
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DowngradeBuy ➝ Neutral$33.00 ➝ $33.00+12.21%
11/11/2024Wells Fargo & Company
3 of 5 stars
A. Poliniak-Cusi
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Reiterated RatingEqual Weight ➝ Equal Weight$31.00+4.06%
10/15/2024Benchmark
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 Reiterated RatingHold
9/17/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$31.00 ➝ $31.00+19.37%
8/13/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$33.00 ➝ $31.00+13.51%
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8/12/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$19.00 ➝ $26.00-7.70%
8/8/2024TD Cowen
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 Boost TargetHold ➝ Hold$23.00 ➝ $28.00-4.27%
8/8/2024JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$25.00 ➝ $26.00-12.84%
8/8/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$22.00 ➝ $31.00+6.90%
7/16/2024Barclays
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 Boost TargetOverweight ➝ Overweight$24.00 ➝ $30.00+0.10%
5/15/2024Raymond James
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 Initiated CoverageMarket Perform
5/6/2024Stephens
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 Reiterated RatingEqual Weight ➝ Equal Weight$22.00+6.08%
2/8/2024Bank of America
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 DowngradeBuy ➝ Neutral$25.00 ➝ $22.00+3.04%
1/10/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$20.00 ➝ $22.00-0.54%
1/10/2024Vertical Research
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 DowngradeBuy ➝ Hold$23.00+2.54%
7/12/2023Wolfe Research
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 DowngradePeer Perform ➝ Underperform$18.00-18.11%
2/27/2023Cowen
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 Initiated CoverageMarket Perform$22.00+8.43%
2/9/2023The Goldman Sachs Group
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 Boost TargetNeutral$20.00 ➝ $22.00+3.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:38 AM ET.


RXO Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for RXO is $26.29, with a high forecast of $33.00 and a low forecast of $12.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RXO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RXO, but not buy additional shares or sell existing shares.

According to analysts, RXO's stock has a predicted downside of -5.41% based on their 12-month stock forecasts.

Over the previous 90 days, RXO's stock had 1 downgrade by analysts.

RXO has been rated by research analysts at Benchmark, Citigroup, Oppenheimer, Susquehanna, and Wells Fargo & Company in the past 90 days.

Analysts like RXO less than other "transportation" companies. The consensus rating for RXO is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how RXO compares to other companies.


This page (NYSE:RXO) was last updated on 11/13/2024 by MarketBeat.com Staff
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