$XPO

StoneX reaffirmed a Buy rating and $240 price target on XPO, citing strong LTL trends and pricing discipline. XPO's Q2 2026 earnings beat estimates, with revenue up 13% YoY. Moody's upgraded XPO's rating to Ba1, while BofA maintained a Buy rating but lowered its target to $228. XPO's stock is up 36% YTD, with a market cap of $22.46B.

XPO Transport Solutions UK reported a 10% revenue increase to £784.8m in 2025, but pre-tax profit fell 81% to £4.36m due to cost pressures and a subsidiary's declining profits. Operating profit dropped 32% to £20.2m, impacted by inflation and higher royalty fees to its US parent, XPO Inc. The company cited new business wins and volume growth despite a challenging economic environment.

The trucking industry's freight recession is easing due to reduced capacity, regulatory changes, and firming demand. Old Dominion Freight Line (ODFL) reports a shift in shipments back to LTL from truckload, increasing its 2026 CapEx to $380M. Estimates Express Lines is expanding its fleet. The ISM Purchasing Manager's Index rose to 55.6 in July, indicating growth. XPO reports a 4% year-over-year tonnage increase in June, driven by industrial demand.

Moody's upgraded XPO's corporate family rating to Ba1 from Ba2, citing margin gains, stronger earnings, and improved credit metrics. The company's debt-to-EBITDA ratio fell to 2.8x, with revenue up 10% YoY. Moody's expects continued growth and deleveraging, with potential divestiture of XPO's European platform.

S&P Global upgraded XPO's (NYSE: XPO) issuer credit rating to BB+ from BB, one notch below investment grade. The upgrade reflects improved trucking market fundamentals and better debt metrics, like a 35.7% FFO-to-debt ratio in Q2. XPO's senior secured debt remains investment-grade at BBB-. S&P's rating is now higher than Moody's, which kept XPO at Ba2 with a positive outlook.

Brown Christopher Michael (Chief Accounting Officer) sold 5,000 shares of XPO, Inc. (XPO) at an average of $201.80 ($199.81–$203.00, $1.01M total) across 3 trades over 2026-08-10 to 2026-08-11.

Notes from recent earnings calls of Saia, Schneider, TFI International, and XPO. Saia reported Q2 operating profit up 26% and revenue up 17%, with 2026 capex forecast $350M-$400M. Schneider cut 2026 net capex to $350M-$400M. TFI said it will fix “too cheap” 3PL pricing. XPO expects Q3 operating ratio below 81% and a damage claims ratio under 0.2%.

XPO, Inc. reported Q2 2026 results with sales of $2,355 million and net income of $162 million, plus diluted EPS of $1.36 from continuing operations. The company completed a $224.99 million share repurchase and added Michael Kneeland to its board. The update may affect investor views on profitability and capital allocation amid freight cyclicality and leverage.

Simply Wall St reports XPO’s Q2 results showed higher sales, net income and EPS versus a year earlier, alongside continued share repurchases. The stock is down 3.2% over a month and 4% over a quarter, but up 41.5% YTD. A fair value narrative cites $231 versus a $196.35 close, and an SWS DCF estimates $236.75.

XPO reported second-quarter 2026 results: revenue rose to $2.36B from $2.08B in 2025. Operating income increased to $271M, net income to $162M, and diluted EPS to $1.36. Adjusted diluted EPS was $1.70 and adjusted EBITDA $434M. North American LTL revenue grew to $1.43B and adjusted operating ratio improved to 79.9%.