Wells Fargo Increases Target Price for Old Dominion Freight Line, Inc. to $200 from $165
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2026
0mins
Should l Buy ODFL?
Source: moomoo
Company Announcement: Old Dominion Freight Line, Inc. has announced an increase in its target price.
New Target Price: The target price has been raised to $200 from the previous $165.
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Analyst Views on ODFL
Wall Street analysts forecast ODFL stock price to fall
18 Analyst Rating
7 Buy
8 Hold
3 Sell
Hold
Current: 217.760
Low
114.00
Averages
162.18
High
196.00
Current: 217.760
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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Wells Fargo Increases Target Price for Old Dominion Freight Line, Inc. to $200 from $165
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New Target Price: The target price has been raised to $200 from the previous $165.
See More
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- Supply Chain Disruption: The sharp decline in tanker traffic through the Strait of Hormuz, which accounts for about 20% of global oil supplies, has led to the International Energy Agency declaring this the largest oil supply disruption in history, potentially causing further price increases.
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- Gasoline Price Increase: Gasoline prices have also surged 27% since the onset of the war, averaging $3.79 per gallon, marking the highest level since October 2023, indicating the overall tension in the energy market.
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