RXO, Inc. (RXO)

In the past six months, RXO's stock has trended downwards by 14.44%, and over the past year, the share price declined by 48.50%. In December 2025, S&P Global Ratings revised RXO's outlook to negative due to weaker credit measures and an uncertain freight market recovery. In November 2025, RXO lagged Q3 earnings and revenue estimates, but analysts from Wolfe Research and Morgan Stanley upgraded the stock. In January 2026, RXO's shares climbed on hopes of a freight rebound, but some firms highlighted risks from softer seasonality and pressure on profit margins. Analyst price targets have been adjusted.

Demand for RXO's services is influenced by the cyclical nature of the trucking industry and seasonal factors. The bid season typically runs from October through February. Management expects a muted peak season due to weak consumer demand. RXO can adjust its last-mile services during seasonal peaks to meet demand. The company has been operating in a soft freight market, but its last-mile business has shown strong growth.

RXO, Inc. is an asset-light transportation solutions provider in the Industrials sector, focusing on Trucking, Ground Freight, and Logistics. The company provides tech-enabled truck brokerage services via its RXO Connect™ platform, connecting shippers with carriers. RXO offers managed transportation, last-mile delivery, and global freight forwarding, including ocean and air transportation and customs brokerage. Key products include the RXO Connect™ digital brokerage platform and the RXO Drive™ mobile application. RXO was incorporated in 2022 and is headquartered in Charlotte, North Carolina.

RXO operates across North America, including the United States, Canada, and Mexico, and provides freight forwarding services in Asia and Europe. In the U.S., RXO has a national network of 76 hubs, strategically located within 125 miles of the majority of the population.

RXO's brand reputation presents a mixed picture. RXO was recognized as a leader in the 2025 Gartner Magic Quadrant for Fourth-Party Logistics (4PL). However, the Better Business Bureau (BBB) shows a significant number of complaints related to RXO's delivery services, detailing issues such as damaged goods and ignored delivery instructions.

RXO's ownership is predominantly institutional, with 526 institutional owners holding 204,661,471 shares, accounting for 99.83% of the company based on the 1000 largest holdings. Major institutional owners include Orbis Allan Gray Ltd, MFN Partners Management, LP, and BlackRock, Inc. Individual investors and insiders hold approximately 1.13% (2.06 million shares) of the company.