Expro Group Holdings N.V. (XPRO) AI Stock Analysis

NYSE: XPROAI research summary: business, growth, valuation, analysts, bull and bear case.

XPRO AI stock analysis summary

AI Research

Expro Group Holdings N.V. (XPRO) provides global well construction and management services to the energy industry. The company generated $1.55B in trailing twelve-month revenue, holds a net cash balance of $120.5M, but saw quarterly revenue fall 7.0% year-over-year in its latest quarter.

Market cap
$1.82B
Revenue (TTM)
$1.55B
P/E
89.8x
fwd 12.0x
1Y return
27.7%
S&P 500 16.8%
Avg. target
$17.50
8.3% vs last close

Bull case

  • Expro maintains a conservative balance sheet with $120.5M in net cash and a low debt-to-equity ratio of 0.05.
  • Free cash flow expanded to $97.8M in FY2025, supported by $210.2M in operating cash flow.
  • The stock trades at a forward P/E of 12.0x and an EV/EBITDA of 7.0x, both below the medians of its US-listed Energy peers.

Bear case

  • Quarterly performance weakened in the latest quarter ended June 30, 2026, with revenue down 7.0% and earnings falling 88.5% year-over-year.
  • Trailing profitability remains thin, reflected in a profit margin of 1.3% and an operating margin of 4.3%.
  • Earnings track record is inconsistent, with the company beating EPS estimates in only 1 of the last 4 quarters.

What Expro does

Expro Group Holdings N.V. operates globally as a provider of energy services across North and Latin America, Europe, Sub-Saharan Africa, the Middle East, and the Asia-Pacific region. The company specializes in delivering well construction and management solutions to the oil and gas industry. Its portfolio includes technologies for drilling, tubular running services, and cementing, along with services for managing well flow, subsea access, and intervention to ensure well integrity. Expro serves exploration and production companies in onshore and offshore environments, operating in approximately 60 countries across around 100 operational locations.

Growth and profitability

Between FY2021 and FY2025, revenue grew at an 18.9% 5-year CAGR, rising from $825.8M in FY2021 to a peak of $1.71B in FY2024 before dropping 6.2% to $1.61B in FY2025. Gross margin improved from 0.1% in FY2021 to 12.8% in FY2025, while operating margin shifted from -8.9% to 7.2%. Net income reached $51.7M in FY2025, compared to -$131.9M in FY2021. Over the trailing twelve months, revenue totaled $1.55B with an operating margin of 4.3% and a profit margin of 1.3%. For the latest quarter ended June 30, 2026, quarterly revenue fell 7.0% and quarterly earnings declined 88.5% year-over-year.

XPRO income statement →

Balance sheet and cash flow

As of June 30, 2026, Expro Group Holdings held $199.5M in cash and short-term investments against total debt of $79.1M, resulting in a net cash position of $120.5M. The company reported a current ratio of 2.05 and a debt-to-equity ratio of 0.05 on $1.51B in shareholders' equity. In FY2025, operating cash flow was $210.2M and free cash flow reached $97.8M. Capital allocation in FY2025 included $112.4M in capital expenditures, $40.1M in share buybacks, and $10.9M in dividends paid.

XPRO balance sheet →

Valuation and performance

At a last close of $16.16, Expro Group Holdings has a market capitalization of $1.82B and an enterprise value of $1.83B. The stock trades at a trailing P/E of 89.8x, compared to the median of 15.0x for its US-listed Energy peers, while its forward P/E of 12.0x is slightly below the peer group median of 12.7x. Its EV/EBITDA stands at 7.0x versus the peer median of 8.0x, and its price-to-sales of 1.2x trails the peer median of 1.8x. Over the past year, XPRO returned 27.7%, outperforming the SPY return of 16.8%, but its 5-year return of -7.2% lagged the SPY return of 83.0%.

XPRO key metrics →

What analysts expect

Five analysts cover Expro Group Holdings, with 1 Strong Buy, 2 Buys, 1 Hold, and 1 Sell. The mean price target of $17.50 implies an upside of 8.3% over the last close of $16.16. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $1.65B and EPS of $0.98, representing a 2.5% decline in earnings. Over the trailing four quarters, the company beat EPS estimates once. The next earnings release is scheduled for October 22, 2026.

XPRO forecast and price target →

Key risks and what to watch

  • Operating margin of 4.3% trails the median of 28.5% for its US-listed Energy peers.
  • Trailing P/E of 89.8x stands at a steep premium to the sector peer median of 15.0x.
  • Short interest represents 9.4% of the float, pointing to elevated skepticism among market participants.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this XPRO AI stock analysis

This page is an AI-written research summary of Expro Group Holdings N.V. (XPRO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: XPRO income statement, XPRO balance sheet, XPRO key metrics, XPRO analyst forecast, XPRO chart. See the XPRO stock overview for the latest quote and news.

XPRO AI stock analysis FAQ

What is Expro Group Holdings' net cash position?

As of June 30, 2026, Expro Group Holdings held $199.5M in cash and short-term investments and $79.1M in total debt, giving it net cash of $120.5M.

What is the consensus price target for XPRO stock?

Analysts have established a mean price target of $17.50, which sits 8.3% above its last closing price of $16.16.

How fast is Expro Group Holdings' revenue growing?

Revenue delivered a 5-year CAGR of 18.9% through FY2025, but FY2025 annual revenue fell 6.2% to $1.61B and the quarter ended June 30, 2026 declined 7.0% year-over-year.

When does Expro Group Holdings report earnings next?

The company's next earnings date is scheduled for October 22, 2026.

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