Truist Financial Raises RXO (NYSE:RXO) Price Target to $20.00

RXO (NYSE:RXO) had its price objective increased by investment analysts at Truist Financial from $18.00 to $20.00 in a research note issued on Monday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price target would indicate a potential upside of 22.25% from the company’s previous close.

A number of other research analysts have also weighed in on the stock. Benchmark reissued a “hold” rating on shares of RXO in a research report on Thursday, January 15th. Barclays decreased their price objective on shares of RXO from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Zacks Research downgraded RXO from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Stifel Nicolaus set a $15.00 target price on RXO in a report on Thursday, February 5th. Finally, Susquehanna increased their price target on RXO from $10.00 to $11.00 and gave the company a “negative” rating in a research report on Thursday, January 8th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $16.33.

RXO Stock Up 1.9%

RXO stock opened at $16.36 on Monday. The firm has a market capitalization of $2.68 billion, a PE ratio of -28.21, a P/E/G ratio of 11.24 and a beta of 1.74. The company has a quick ratio of 1.32, a current ratio of 1.27 and a debt-to-equity ratio of 0.25. RXO has a twelve month low of $10.43 and a twelve month high of $22.17. The stock’s 50 day moving average is $14.54 and its 200-day moving average is $15.16.

RXO (NYSE:RXO) last released its quarterly earnings results on Friday, February 6th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). RXO had a negative net margin of 1.74% and a negative return on equity of 0.44%. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the company posted $0.06 earnings per share. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. Sell-side analysts expect that RXO will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at RXO

In other news, Director Troy A. Cooper acquired 8,317 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was bought at an average price of $10.61 per share, with a total value of $88,243.37. Following the acquisition, the director owned 275,416 shares in the company, valued at $2,922,163.76. The trade was a 3.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.48% of the company’s stock.

Hedge Funds Weigh In On RXO

Several large investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC purchased a new position in shares of RXO during the 4th quarter valued at $25,000. AlphaQuest LLC bought a new stake in RXO during the second quarter valued at $29,000. Geneos Wealth Management Inc. purchased a new position in RXO during the first quarter worth about $30,000. Quarry LP bought a new position in RXO in the 3rd quarter worth about $33,000. Finally, Larson Financial Group LLC raised its holdings in shares of RXO by 146.5% in the 3rd quarter. Larson Financial Group LLC now owns 2,766 shares of the company’s stock valued at $43,000 after acquiring an additional 1,644 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Key Headlines Impacting RXO

Here are the key news stories impacting RXO this week:

• Positive Sentiment: Investors reacted to headlines tying an asset-based credit deal and impairment clarity to improved near-term liquidity and margin prospects — a note summarizing those developments says RXO jumped ~9% on the news. Why RXO Is Up 9.1%
• Positive Sentiment: Truist raised its price target to $20 and assigned a Buy rating, signaling analysts see meaningful upside versus recent levels and providing fresh buy-side momentum. Truist PT Raise
• Positive Sentiment: Coverage highlighting recent AI and capacity shifts frames a longer‑term operational improvement story for RXO, which may support rerating if execution follows. AI & Capacity Shifts
• Positive Sentiment: Technical/market-strength indicators improved — RXO’s relative strength reading rose to 74, which can attract momentum traders. Relative Strength
• Neutral Sentiment: RXO filed a private offering to issue $400 million of senior notes due 2031 — expands liquidity and capital options but increases long‑term leverage; market impact depends on use of proceeds and covenant terms. Senior Notes Offering
• Neutral Sentiment: Wells Fargo reaffirmed a Hold rating on RXO, and several brokerages’ consensus remains “Hold,” keeping analyst coverage balanced rather than uniformly bullish. Wells Fargo Hold
• Neutral Sentiment: Citigroup nudged its target to $18 and kept a Neutral rating — a modestly constructive signal but not a clear buy endorsement. Citigroup PT Raise
• Negative Sentiment: Analysts and commentary continue to flag weak Q4 results and margin pressure; valuation checks emphasize that near‑term earnings remain under strain until volumes/margins recover. Valuation After Weak Q4

About RXO

RXO Inc (NYSE: RXO) is a leading asset-light provider of digital freight brokerage and managed transportation solutions. The company leverages a proprietary technology platform to connect shippers with a network of third-party carriers, enabling optimized route planning, real-time shipment tracking, and dynamic pricing. RXO’s end-to-end service model spans full truckload, less-than-truckload (LTL), intermodal and cross-border freight movements, designed to improve efficiency and reduce transportation costs for its customers.

Operating primarily across North America, RXO serves a diverse base of shippers in industries ranging from retail and consumer goods to manufacturing and automotive.