Technical Analysis
Recent price action shows EXPD forming a bullish trend with higher lows and higher highs. The stock has broken above its previous resistance level at $116 and is currently trading at $118.70.
News Sentiment & Fundamental Factors
Price Prediction for Next Week (Feb 24-28, 2025) Based on technical analysis and recent fundamental developments:
Target Prices:
Recommendation: HOLD
Target Exit Points:
The price of EXPD is predicted to go up 34.05%, based on the high correlation periods with ADAP. The similarity of these two price pattern on the periods is 91.35%.
EXPD
ADAP
Expeditors has a long history of impressive execution and industry-leading profitability throughout the business cycle. Its non-asset-based operating model has generated average returns on capital near 40% over the past decade.
Over the years, Expeditors has boosted its presence on key freight lanes touching Europe and targeting import business in China.
Expeditors' global IT platform is seamless, integrated, and uniform, and the firm has historically focused on organic growth, providing for best-in-class operating margins.
Stifel
2025-01-23
Price Target
$122 → $117
Upside
+2.36%
B of A Securities
2025-01-16
Price Target
$129 → $120
Upside
+7.9%
Barclays
2024-11-06
Price Target
$105 → $110
Downside
-7.88%