BofA Turns More Bullish on C.H. Robinson (CHRW) with Target Increase

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) is included among the 14 Best Dividend Growth Stocks to Buy and Hold in 2026.

BofA Turns More Bullish on C.H. Robinson (CHRW) with Target Increase

Image by Steve Buissinne from Pixabay

On December 24, BofA raised its price target on C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to $182 from $167 and kept a Buy rating on the shares. The firm pointed to an improving outlook, even with an end-of-quarter spike in spot rates, as ongoing cost controls continue to show results. It also lifted its Q4 EPS estimate to $1.14, slightly above the Street’s $1.13 forecast.

The stock stood out in 2025, climbing nearly 57%. Investors responded to a strong quarterly profit beat from the global freight forwarder at a time when much of the logistics sector was under pressure. That performance has been tied closely to the company’s use of artificial intelligence. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has been automating tasks like generating shipping quotes, scheduling pickups and deliveries, and tracking shipments. Those changes have helped speed up operations and cut back on manual work.

The company also managed to grow shipment volumes across both its truckload and less-than-truckload businesses. That momentum helped its North American Surface Transportation segment deliver a 1.1% increase in revenue.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) is a U.S.-based transportation company operating in third-party logistics, providing freight transportation services across multiple modes.

While we acknowledge the potential of CHRW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHRW and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Income Stocks to Buy Now and 20 Best Performing Dividend Stocks in 2025

Disclosure: None.