This trucking stock has doubled in 2026. BMO says it has more room to run
- Posted on July 14, 2026
- By CNBC
- 0 Views
- 1 min read
In brief
RXO Inc. has experienced significant growth in 2026, with its stock price doubling as market conditions favor the transportation sector. BMO Capital Markets analysts believe the company's momentum will continue, driven by robust financial performance and favorable industry dynamics. The tightening trucking market, characterized by limited supply and strong demand, positions RXO to sustain earnings growth and deliver further shareholder value. The analyst consensus suggests additional upside potential ahead.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
This trucking stock has doubled in 2026. BMO says it has more room to run
RXO's shares are likely to advance as the company notches strong earnings amid a tightening trucking market, per BMO Capital Markets.
