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.

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, 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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