Wolfe Research has upgraded RXO Inc (RXO) to Peer Perform from Underperform, signaling a shift in analyst sentiment regarding the company's future prospects. The upgrade, effective November 13, 2025, aligns with RXO's current trading price of $10.86.
This change may reflect improved fundamentals or enhanced business performance, suggesting analysts are gaining confidence in RXO's strategic direction. The company, which specializes in asset-light transportation solutions, operates from Charlotte, North Carolina, and employs nearly 10,000 people. RXO provides tech-enabled truck brokerage services, managed transportation, and last-mile delivery solutions. Its self-learning RXO Connect platform offers advanced features for freight tracking and transaction management.
As of November 1, 2025, the analyst consensus for RXO includes 3 Strong Buy, 4 Buy, 16 Hold, 2 Sell, and 1 Strong Sell, indicating a prevailing Hold sentiment among analysts. Recent earnings performance has shown mixed results, with the company reporting an EPS of $0.01 for Q3 2025, falling short of the $0.04 estimate.
Looking ahead, RXO is scheduled to announce its upcoming earnings on August 4, 2026, with an EPS estimate of $0.11 and revenue expectations of $1.5 billion. This upgrade underscores the evolving views on RXO's market position and potential growth trajectory.