Wells Fargo & Company Issues Pessimistic Forecast for C.H. Robinson Worldwide (NASDAQ:CHRW) Stock Price

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) had its price objective cut by equities researchers at Wells Fargo & Company from $215.00 to $200.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 58.15% from the stock’s previous close.

A number of other equities analysts have also weighed in on CHRW. Raymond James Financial set a $163.00 target price on C.H. Robinson Worldwide in a research note on Thursday. Sanford C. Bernstein reiterated a “market perform” rating on shares of C.H. Robinson Worldwide in a research report on Tuesday, October 6th. Bank of America reissued a “buy” rating on shares of C.H. Robinson Worldwide in a report on Thursday. Wolfe Research set a $196.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $153.00 target price on the stock. in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $186.08.

View Our Latest Stock Analysis on C.H. Robinson Worldwide

C.H. Robinson Worldwide Price Performance

NASDAQ CHRW traded down $1.14 on Thursday, hitting $126.46. The stock had a trading volume of 278,684 shares, compared to its average volume of 1,964,431. The firm has a 50-day moving average of $146.00 and a 200-day moving average of $170.03. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58. C.H. Robinson Worldwide has a 52-week low of $125.32 and a 52-week high of $210.33. The company has a market capitalization of $14.78 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 1.17 and a beta of 0.94.

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.92 billion. During the same quarter in the prior year, the firm posted $1.40 earnings per share. The business’s quarterly revenue was up 29.5% on a year-over-year basis. Equities analysts expect that C.H. Robinson Worldwide will post 6.26 EPS for the current year.

Institutional Trading of C.H. Robinson Worldwide

A number of hedge funds have recently bought and sold shares of CHRW. Burkett Financial Services LLC acquired a new stake in C.H. Robinson Worldwide during the third quarter worth $25,000. Millstone Evans Group LLC raised its position in C.H. Robinson Worldwide by 79.8% in the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Continuum Advisory LLC acquired a new position in shares of C.H. Robinson Worldwide in the 2nd quarter valued at $27,000. NBH Bank acquired a new position in shares of C.H. Robinson Worldwide in the 2nd quarter valued at $29,000. Finally, Reyes Financial Architecture Inc. purchased a new position in shares of C.H. Robinson Worldwide during the 3rd quarter worth $30,000. Institutional investors own 93.15% of the company’s stock.

Key Headlines Impacting C.H. Robinson Worldwide

Here are the key news stories impacting C.H. Robinson Worldwide this week:

  • Positive Sentiment: Third-quarter adjusted earnings were $1.80 per share, above the $1.75 consensus estimate and up from $1.40 a year earlier. Revenue rose 29.5% year over year to $5.36 billion, exceeding expectations of $4.92 billion. C.H. Robinson Reports 2026 Third Quarter Results
  • Positive Sentiment: Stifel Nicolaus maintained a Buy rating and set a $198 price target, while Raymond James retained a $163 target. Although both targets were reduced, they remain above the current share price and indicate potential upside. Stifel Nicolaus CHRW rating Raymond James CHRW price target
  • Neutral Sentiment: The company entered a fifth amendment to its credit agreement on October 22. The filing provides no clear indication in the available report that the amendment materially changes CHRW’s near-term investment outlook. CHRW credit agreement amendment
  • Negative Sentiment: Shares faced pressure after the earnings release because higher operating costs overshadowed the revenue and earnings beat. Reports described trading as jittery, suggesting investors remain concerned about profitability and the sustainability of recent growth. C.H. Robinson shares and operating costs Jittery trading on C.H. Robinson
  • Negative Sentiment: The reductions in Stifel’s target from $209 to $198 and Raymond James’ target to $163 signal more cautious expectations, even though analysts remain constructive on CHRW. CHRW analyst target reductions

C.H. Robinson Worldwide Company Profile

(Get Free Report)

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.

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Analyst Recommendations for C.H. Robinson Worldwide (NASDAQ:CHRW)

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