Expro Group Holdings (XPRO) Upgraded to Hold at Freedom Broker

Expro Group Holdings N.V. (NYSE:XPRO) is included among the 10 Most Popular Small Cap Stocks to Buy.

Expro Group Holdings (XPRO) Upgraded to Hold at Freedom Broker

Expro Group Holdings N.V. (NYSE:XPRO) is a global energy services company, delivering innovative, sustainable well solutions with a focus on safety, data, and performance.

Expro Group Holdings N.V. (NYSE:XPRO) received a boost on May 19 when Freedom Broker upgraded the stock from ‘Sell’ to ‘Hold’, while keeping its price target unchanged at $16. The analyst firm cited valuation considerations for the upgrade, but noted that the company’s share repurchase strategy “raises questions”.

Expro Group Holdings N.V. (NYSE:XPRO) reported better-than-expected results for its Q1 2026 on May 5, with the company beating estimates in both profits and revenue. The firm also announced that it had entered into a definitive agreement to acquire Enhanced Well Technologies in a deal worth approximately $215 million. The acquisition will be immediately accretive to cash flows and EBITDA margins, and it adds over $275 million of order backlog to the company’s portfolio.

Expro Group Holdings N.V. (NYSE:XPRO) reaffirmed its guidance for full-year 2026. The company also sees a $10 million to $15 million revenue impact from the Middle East conflict in the second quarter.

READ NEXT: Top 12 Undervalued Dividend Stocks to Buy Now and 10 Best US Stocks to Invest in According to Billionaires

Disclosure: None. Follow Insider Monkey on Google News.