GXO Logistics, Inc. provides supply chain management solutions for multinational companies and blue-chip market leaders worldwide. It serves consumer packaged goods, ecommerce, food and beverage, retail, technology, and consume electronic industries. The company was incorporated in 2021 and is based in Greenwich, Connecticut. GXO Logistics, Inc. operates independently of XPO Logistics, Inc. as of August 2, 2021.
IPO Year: 2021
Exchange: NYSE
Website: gxo.com/
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/13/2025 | $40.00 | Hold | Truist |
3/7/2025 | $45.00 | Hold | Deutsche Bank |
2/3/2025 | $71.00 → $49.00 | Buy → Hold | Loop Capital |
10/9/2024 | $60.00 | Buy | Citigroup |
6/7/2024 | $58.00 | Overweight | Wells Fargo |
4/25/2024 | $78.00 → $80.00 | Buy | TD Cowen |
3/27/2024 | $50.00 | Underperform → Neutral | Exane BNP Paribas |
2/15/2024 | $70.00 → $78.00 | Outperform | TD Cowen |
1/12/2024 | $72.00 → $70.00 | Outperform | TD Cowen |
8/22/2023 | $74.00 | Buy | UBS |
Service platform from PFS acquisition integrated into a unified, scalable fulfillment offering for midsize companies & growing brands GREENWICH, Conn. , June 10, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today the launch of an enhanced offering for growing midsize companies in the United States by unifying the premier services platform it acquired through its acquisition of PFSweb (PFS) with GXO Direct, its industry-leading multi-tenant warehousing solution. "We are excited to expand our offering for growing midsize companies by bringing together the capabilities of GXO Direct and PFS with our extensive
PARIS, France, May 22, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, today announced a long-term contract renewal and extension with bioMérieux, a world leader in the field of In Vitro Diagnostics providing solutions to improve patient health and to ensure consumer safety. "We are delighted that bioMérieux, our partner for over 20 years, renewed the trust they place in GXO. Following a successful overhaul of the distribution of the Reagents range, the extension of the contract for the Instrumentation range marks the continuation of a fruitful collaboration," said Vincent Ricci, Managing Director, France, GXO. "Since 200
Toolstation outsources its logistics operations in the Netherlands for the first time EINDHOVEN, The Netherlands, May 20, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc., the world's largest pure-play contract logistics provider, today announced a new partnership in the Netherlands with Toolstation, a leading supplier of building supplies and tools for professionals and serious DIY customers, and one of the fastest growing businesses in Europe. The agreement marks Toolstation's first outsourcing partnership in the Netherlands and highlights GXO's ability to seamlessly transition and scale logistics operations for customers. "We are delighted Toolstation has entrusted GXO with management of
GREENWICH, Conn., May 13, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, today announced the election of five new members to its Board of Directors at its 2025 Annual Meeting of Stockholders. The five new directors join four incumbent directors who were re-elected at the same meeting. Brad Jacobs, GXO's chairman, said, "These leaders bring deep expertise in operational excellence and strategic growth across all aspects of the supply chain. They will add immediate value as GXO accelerates its path to becoming the world's leading logistics provider." Below are brief biographies of the newly elected directors. For more i
Increased first quarter revenue 21% year over year, to $3 billion, with organic revenue growth of 3%Grew sales pipeline to three-year high of $2.5 billion, excluding WincantonRepurchased 2.8 million sharesReaffirmed full-year 2025 organic revenue growth and adjusted EBITDA guidance GREENWICH, Conn. , May 07, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) today announced results for the first quarter 2025. Malcolm Wilson, chief executive officer of GXO, said, "GXO delivered a strong first quarter. We generated revenue of $3 billion, up 21% year over year, and delivered $163 million in adjusted EBITDA. "We signed $228 million of new business wins and our sales pipelin
Ten-year $2.5 billion contract with UK's National Health Service and recent agreement with Siemens Healthineers in the U.S. are springboards for growth GREENWICH, Conn., May 06, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced a significant expansion in the health sector, following today's announcement by NHS Supply Chain, part of the National Health Service (NHS) in the UK that it has selected GXO as its the new logistics partner in a landmark 10-year, $2.5 billion contract. The agreement significantly expands GXO's presence in healthcare logistics, a strategic growth sector, where GXO's solutions are uniquely
New agreement creates strategic growth opportunities for both companies while delivering industry-leading supply chain solutions for customers GREENWICH, Conn. and DALLAS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, and Blue Yonder, the world leader in end-to-end digital supply chain transformation, announced today a global multi-year strategic agreement to deploy new end-to-end logistics software solutions that will enhance speed, flexibility and predictability for GXO customers. To support GXO's rapid growth and need for seamless implementations at scale for clients across industries, Blue Yonder wi
GXO to manage four additional brands in the Eindhoven site New contract brings longstanding partnership to more than a decade EINDHOVEN, The Netherlands, April 23, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc., (NYSE:GXO), the world's largest pure-play contract logistics provider, today announced the renewal and expansion of its partnership with Revelyst, a collective of brands that design and manufacture performance gear and precision technologies to fuel outdoor experiences. GXO will continue managing B2B and B2C logistics services, including picking, packing and managing returns out of its Eindhoven warehouse. "We are proud to expand our partnership with Revelyst adding new brands a
TREZZO SULL'ADDA, Italy, April 15, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today the signing of an agreement with PRG Retail Group, one of the main retailers of children's items and toys, to serve as its managed transport partner. GXO will supervise the transport chain from the Castel San Giovanni warehouse for an important selection of Toys Center, Bimbostore and Fao Schwarz stores in the regions of Lombardy, Emilia Romagna and Piedmont, providing customized solutions based on technologies that provide real-time visibility on shipments and optimize costs. "Following the recent expansion of our transpor
Rapid 2-month implementation already improving productivity and stock control accuracy at a new 36,000-square-meter logistics center in Valencia MADRID, Spain, April 07, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense's logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization. ‘We are very proud of this