Expeditors International of Washington: B of A Securities downgrades to 'Underperform' Rating, The Target Price is $118

Friday, Jul 11, 2025 10:00 am ET1min read

B of A Securities downgrades 'Underperform' rating on Expeditors International of Washington(EXPD), compare with the 'Neutral' previously.

The target price is $118, compare with $117 previously.

[Recent Rating]

DateAgencyChangeRatingRating (previously)Target PriceTarget Price(previously)
2025-07-11B of A SecuritiesDowngradesUnderperformNeutral$118$117
2025-07-08JP MorganMaintainsUnderweightUnderweight$107$105
2025-07-01BairdReinstatesNeutral--$124$--
2025-06-30Truist SecuritiesMaintainsHoldHold$110$105

[Recent Earning Results] Expeditors International Of Washington posted the Q1 of its 2025 financial results on 5/8/2025, reporting total revenue of USD 2666.42 million in the first quarter, up 20.83% from USD 2206.68 million year over year, reporting net income of USD 204.10 million in the first quarter, up 19.78% from USD 170.40 million year over year.

[Company Profile] Expeditors International Of Washington, Inc. was incorporated in the State of Washington in May 1979. The company provides a full suite of global logistics services, offering customers a seamless international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, the company purchase cargo space from carriers (such as airlines, ocean shipping lines, and trucking lines) on a volume basis and resell that space to customers. The company provide a broad range of transportation services and customer solutions, such as customs brokerage, order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other customized logistics and consulting solutions. In addition, the company Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and ground transportation and generally require a high level of specialized attention because of the unusual size or nature of what is being shipped.

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