Old Dominion Freight Line, IncNasdaq: ODFL
Industrials · Cargo Ground Transportation
$205.68
-3.18%
Vol: 1.7M
Research Digest
Friday, May 1, 2026
Old Dominion reports Q1 EPS of $1.14 beating estimates, but stock falls 5% as revenue declines 2.9% YoY; seven analysts raise price targets including Morgan Stanley to $235.
Old Dominion Freight Line reported Q1 2026 earnings per diluted share of $1.14 on April 29, beating estimates, with revenue of $1.33 billion down 2.9% year-over-year. Adjusted EBITDA of $409.6 million exceeded analyst estimates of $383.4 million. Despite beating earnings, the stock fell 5% in afternoon trading. Multiple analysts raised price targets on May 1, with Morgan Stanley raising to $235 from $215, Evercore ISI to $219 from $201, and Goldman Sachs to $216 from $202.
Previous Market Intelligence
13 daysApr 30Old Dominion Freight Line reports Q1 2026 EPS of $1.14, beating estimates by 8.6%, but stock falls 5% on revenue decline concerns.Mixed▶
Old Dominion Freight Line reported Q1 2026 earnings per diluted share of $1.14, beating analyst consensus by 8.6%, despite a 2.9% revenue decline to $1.33 billion. The stock fell 5% following the announcement despite the earnings beat. Management expressed cautious optimism about domestic demand and indicated capacity is available for incremental volume. Stifel raised its price target to $228 from $217 with a Buy rating, while Goldman Sachs adjusted its target to $198 from $195, also maintaining a Buy rating. The company announced a 4.9% rate increase effective November 2025 to offset rising costs.
Apr 29Old Dominion beats Q1 revenue expectations; stock falls 5% despite earnings beat on softening demandNeutral▶
Old Dominion Freight Line reported Q1 2026 EPS of $1.14, beating consensus by 8.6%, but revenue fell 2.9% YoY to $1.33 billion. Stock declined 5% after earnings despite beating expectations. CEO remains cautiously optimistic with available capacity to capture incremental volume. Company announced 4.9% general rate increase effective November 3, 2025. Declared quarterly dividend of $0.28 per share (+7.7% YoY). Stifel raised price target to $228 from $217 with Buy; Baird upgraded to Neutral from Underperform with $229 PT.
Apr 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 15Wells Fargo upgrades Old Dominion to Equal Weight with $200 target as freight recession signals may be ending.Positive▶
Old Dominion Freight Line announced Q1 2026 earnings will be released April 29. Wells Fargo upgraded highlighting LTL pricing resilience and fuel surcharge benefits. The company faces 5.7% revenue decline but maintains operational efficiency and service quality.
Apr 14Wells Fargo upgraded to Equal Weight with $200 price target; JPMorgan raised target to $183 on pricing power visibility ahead of Q1 earnings on April 29.Positive▶
Old Dominion Freight Line gained investor attention with analyst rating upgrades. Wells Fargo upgraded from Underweight to Equal Weight with a $200 price target (up from $165), while JPMorgan raised its target to $183. The company will report Q1 2026 results before market opening on April 29, 2026.
Apr 13Old Dominion Freight Line Q1 2026 update showing 3.3% revenue per day decline with 6.8% tonnage decrease; Q1 earnings April 29.Neutral▶
Old Dominion provided Q1 2026 operating update on April 8 with revenue per day down 3.3%, driven by 6.8% LTL tons per day decrease partially offset by higher revenue per hundredweight. Wells Fargo upgraded to Equal Weight with $200 target, highlighting firm LTL pricing and freight recession bottoming. Company reported Q4 2025 earnings beat with 99% on-time performance. Full-year 2025 revenue declined 5.48% to $5.50B.
Apr 10JPMorgan raises Old Dominion Freight Line price target to $183 on operational excellence, with Q1 2026 earnings due April 29.Positive▶
JPMorgan raised its price target for Old Dominion Freight Line to $183 from $182, maintaining a neutral rating. The company maintains 99% on-time performance despite a 5.7% revenue decline. Analysts expect fiscal 2026 EPS of $5.10, up 5.4% from $4.84 in fiscal 2025.
Apr 9ODFL surges 4.59% on Q4 earnings beat despite freight sector headwindsPositive▶
Old Dominion Freight Line stock jumped 4.59% to $208.07 on April 8 after surpassing Q4 2025 earnings expectations while maintaining 99% on-time performance. The company faces a 5.7% revenue decline but Morgan Stanley noted the industry is entering its most constructive backdrop in four years. With Q1 2026 earnings call scheduled, analysts remain cautiously optimistic despite operational challenges.
Apr 8Wells Fargo upgrades Old Dominion to Equal Weight citing durable freight recovery and higher earnings estimatesPositive▶
Old Dominion Freight Line received an upgrade from Wells Fargo on April 7, 2026, from Underweight to Equal Weight with a $200 price target, based on evidence that the freight recovery is more durable than expected with earnings estimates now biased higher for the first time in two years. The company surpassed Q4 2025 earnings expectations with $1.09 EPS and $1.31 billion revenue while maintaining 99% on-time performance. Q1 2026 results are scheduled for April 29. JPMorgan also raised its price target from $182 to $183, maintaining neutral. The company demonstrates strong pricing discipline with 4.1-5.3% LTL revenue per hundredweight growth despite lower volumes.
Apr 7Q1 2026 earnings April 29; Morgan Stanley raises PT to $215 amid freight headwinds.Positive▶
ODFL Q4 2025 beat with 99% on-time, 90-day return 20.93%. Morgan Stanley PT $215 from $209, Overweight April 6. Industry weak freight demand. Q1 2026 release April 29.
Apr 6Old Dominion Freight Reports Mixed Q1 Update; Earnings Webcast Set for April 29Neutral▶
Old Dominion Freight Line provided a Q1 2026 update showing revenue per day decreased 3.3% compared to February 2025 due to a 6.8% decrease in LTL tons per day, partially offset by higher LTL revenue per hundredweight. The company plans to release full Q1 2026 financial results on April 29, 2026 before market open with a conference call at 10:00 a.m. ET. Earlier full-year results showed $1.09 EPS topping consensus estimate of $1.06 with $1.31 billion revenue. The company declared a quarterly dividend of $0.29. Analysts project an 11.8% decline in EPS year-over-year for Q1 2026.
Apr 3Q1 2026 earnings scheduled for April 29; analyst expects 11.8% EPS decline year-over-year.Neutral▶
Old Dominion announced Q1 2026 earnings release for April 29, 2026. The stock surged 2.16% on April 1 with strong trading volume. Analysts project an 11.8% decline in EPS year-over-year for Q1 2026 due to declining freight volumes. Benchmark reiterates Hold ahead of earnings.
Apr 2Old Dominion Freight Line schedules Q1 2026 earnings for April 29; analysts expect 11.8% EPS decline year-over-year amid declining freight volumes.Negative▶
Old Dominion Freight Line announced Q1 2026 earnings release scheduled for April 29, 2026 before market open with conference call at 10:00 a.m. ET. The company faces headwinds with a 5.7% revenue decline and 3.3% revenue-per-day decrease in February 2026 amid declining freight volumes and rising costs. Analysts project 11.8% EPS decline year-over-year. Recent performance shows 2.98% daily gain, but stock faces valuation concerns with high multiples.
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Price above both MAs — bullish structure.