Piper Sandler Initiates Coverage of Expro Group Holdings (XPRO) Stock With a Neutral Rating

Expro Group Holdings N.V. (NYSE:XPRO) is one of the Best Beaten Down Stocks to Buy Now. Piper Sandler analyst Derek Podhaizer initiated coverage of the company’s stock with a “Neutral” rating and a price objective of $10, as reported by The Fly. The firm expects a challenging backdrop for the US land, with the impact on oil prices because of tariffs and production hikes. Furthermore, the analyst expects a persistent negative rate-of-change environment for the remainder of 2025. However, Expro Group Holdings N.V. (NYSE:XPRO) saw Q1 2025 adjusted EBITDA and adjusted EBITDA margin of $76 million and 20%, respectively, which demonstrates its best first quarter performance since it completed the Expro/Frank’s merger in Q4 2021.

Notably, the organic investment, as well as a successful M&A strategy, have been enabling margin expansion. Expro Group Holdings N.V. (NYSE:XPRO) continues to advance the development and commercialization of technologies in a bid to increase automation and fuel demand for its services and solutions. Expro Group Holdings N.V. (NYSE:XPRO) continues to focus on making progress in 2025 towards its medium-term target of a mid-20s adjusted EBITDA margin, notwithstanding the near-term uncertainty due to tariffs, additional OPEC+ supply, and geopolitical risks. The company’s business, which is largely levered to long-cycle development, remains well-placed for the dynamic operating environment.

Expro Group Holdings N.V. (NYSE:XPRO) works across the entire well life cycle and is the leading provider of energy services, providing cost-effective and innovative solutions.

While we acknowledge the potential of XPRO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.