RXO Establishes New Credit Facility Amid Weaker Earnings

RXO, Inc. ( (RXO) ) just unveiled an update.

On February 5, 2026, RXO, Inc. and certain subsidiaries entered into a new five-year, $450 million asset-based revolving credit facility secured by substantially all of the company’s and guarantors’ personal property, replacing and terminating its prior unsecured revolving credit facility that had provided up to $600 million in commitments. The borrowing base of the new facility is tied to eligible accounts receivable and liquid assets, includes capacity for up to $100 million in letters of credit and potential incremental commitments, and is designed to give RXO greater financial flexibility across market cycles while imposing customary covenants and mandatory prepayment triggers tied to availability levels. On February 6, 2026, RXO reported fourth-quarter 2025 results showing revenue of $1.5 billion, down from $1.7 billion a year earlier, and a GAAP net loss of $46 million versus a $25 million loss in the prior-year quarter, with margins pressured by a significantly tightened full‑truckload market and lower brokerage profitability. Adjusted EBITDA fell to $17 million from $42 million, and the quarter included $31 million of transaction, integration, restructuring and other costs, including a goodwill impairment related to changes in the managed transportation ground and air express offering, even as the company reported strong sales momentum with brokerage late‑stage pipeline up more than 50% year over year, over $200 million of new managed transportation freight under management, modest growth in last mile, and guidance for first‑quarter 2026 adjusted EBITDA of $5 million to $12 million and a further volume decline in brokerage.

The most recent analyst rating on (RXO) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on RXO, Inc. stock, see the RXO Stock Forecast page.

Spark’s Take on RXO Stock

According to Spark, TipRanks’ AI Analyst, RXO is a Neutral.

RXO, Inc. faces significant challenges, primarily driven by weak financial performance and bearish technical indicators. The company’s negative profitability and cash flow issues are major concerns, compounded by a negative P/E ratio. While there are positive aspects such as growth in LTL volume and strategic investments, these are currently overshadowed by broader market and operational challenges.

To see Spark’s full report on RXO stock, click here.

More about RXO, Inc.

RXO, Inc., headquartered in Charlotte, N.C., is a leading provider of asset-light transportation solutions in North America. The company offers tech-enabled truck brokerage services alongside complementary offerings such as managed transportation and last mile delivery, leveraging large-scale capacity and proprietary technology to move freight efficiently through customer supply chains.

Average Trading Volume: 2,178,058

Technical Sentiment Signal: Buy

Current Market Cap: $2.8B

For an in-depth examination of RXO stock, go to TipRanks’ Overview page.