Expro Group is an oil and gas equipment and services company with exceptional free cash flow conversion at 412% of net income and a low forward P/E of 13.5x, but revenue is declining 6% year-over-year and the stock has reached its analyst price target, leaving essentially no near-term upside buffer.
Thesis pillars
- Exceptional Free Cash Flow Conversion→Stable
- Revenue Decline Oilfield Cycle→Stable
- Target Reached Zero Upside↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Expro Ltd (XPRO) Stock Analysis
Inst Constrain edge
Energy · Oil & Gas Equipment & Services
Sell if holding. Engine safety override at $15.79: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10. Specifically: Below-average business quality.
Expro Group Holdings N.V. provides energy services — well construction, flow management, subsea well access, and well intervention — to exploration and production companies across 50+ countries. The company generated $1.607 billion in 2025 revenue across four geographic segments... Read more
Sell if holding. Engine safety override at $15.79: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10. Specifically: Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 2d<=7d. Suitability: aggressive.
Recent developments
updated 2026-07-26Recent Developments — Expro Ltd
Latest news
- NEWS Barclays Maintains Overweight on Expro, Lowers Price Target to $20 — benzinga Jul 16, 2026 neutral
- NEWS Expro Group Secures ISS Backing For Cayman Redomicile Plan After Board's June 1 Disclosures — benzinga Jun 4, 2026 positive
- NEWS Expro Signed A New Contract Extension For Up To Five Years With A Global Operator To Continue Delivering Subsea Completi — benzinga Jun 4, 2026 positive
- NEWS Barclays Maintains Overweight on Expro Gr Hldgs, Raises Price Target to $23 — benzinga May 8, 2026 positive
- NEWS Earnings Scheduled For May 5, 2026 — benzinga May 5, 2026 neutral
Generated 2026-07-26T08:02:05Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMSupplierlimited number of third party suppliers10-K Item 1A: 'Certain of our product lines depend on a limited number of third party suppliers.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $15.79: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10. Specifically: Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $14.68. Score 5.7/10, moderate confidence.
Take-profit target: $16.64 (-4.1% upside). Prior stop was $14.68. Stop-loss: $14.68.
Target reached (-4.1% upside); Quality below floor (3.9 < 4.0).
Expro Ltd trades at a P/E of 49.3 (forward 13.9). TrendMatrix value score: 7.2/10. Verdict: Sell.
11 analysts cover XPRO with a consensus score of 3.8/5. Average price target: $17.
What does Expro Ltd do?Expro Group Holdings N.V. provides energy services — well construction, flow management, subsea well access, and well...
Expro Group Holdings N.V. provides energy services — well construction, flow management, subsea well access, and well intervention — to exploration and production companies across 50+ countries. The company generated $1.607 billion in 2025 revenue across four geographic segments (NLA 34.7%, ESSA 30.3%, MENA 22.6%, APAC 12.4%) with approximately 8,500 employees and no single customer exceeding 10%.