Old Dominion Freight Line Shares Rebound 38%, Yet Demand Remains Weak
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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Source: Fool
- Stock Rebound: Old Dominion Freight Line's shares have rebounded from a 52-week low of $126 to $173, marking a 38% increase; however, the market's outlook on future demand remains uncertain, prompting caution among investors.
- Revenue Decline: The company reported a 4.3% year-over-year decline in third-quarter revenue to $1.41 billion, with operating income falling 10.2% to approximately $361 million, indicating pressure from reduced customer shipments.
- Pricing Power Maintained: Despite weak demand, Old Dominion's revenue per hundredweight increased by 4.7% year-over-year, attributed to a 99% on-time service rate and a 0.1% cargo claims ratio, highlighting its service quality advantage.
- Capital Return: In the first nine months of 2025, Old Dominion repurchased $605.4 million in shares and paid $177.2 million in dividends, demonstrating its ability to continue returning capital to shareholders even in unfavorable market conditions.
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Analyst Views on ODFL
Wall Street analysts forecast ODFL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ODFL is 162.18 USD with a low forecast of 114.00 USD and a high forecast of 196.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
7 Buy
8 Hold
3 Sell
Hold
Current: 172.720
Low
114.00
Averages
162.18
High
196.00
Current: 172.720
Low
114.00
Averages
162.18
High
196.00
About ODFL
Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carrier. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage and supply chain consulting. It operates approximately 261 service center locations, of which it owns 239 and leased 22. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its systems allow it to offer its customers access to information, such as freight tracking, shipping documents, rate quotes, rate databases and account activity. Its integrated systems and customer service department provide its customers with a single point of contact to access information.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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