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ArcBest Corporation (NASDAQ:ARCB) Stock Analysis and Insights
Jun 11, 2025 2:09 PM - Gordon Thompson
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- Jefferies maintains a "Buy" rating for ArcBest Corporation (NASDAQ:ARCB), raising the price target from $75 to $85, indicating strong growth potential.
- BofA Securities upgrades ArcBest from "Underperform" to "Neutral," with a price target increase from $63 to $74, reflecting market share gains and strong growth.
- ArcBest's CFO reports stronger-than-expected volume trends in Q2, with a significant increase in tons per day and shipments per day in its core LTL business.
ArcBest Corporation (NASDAQ:ARCB) is a leading logistics company that specializes in freight transportation services and solutions, particularly in the Less-Than-Truckload (LTL) sector. This sector focuses on transporting smaller freight loads that do not require the use of a full truck. ArcBest competes with other major logistics companies such as Old Dominion Freight Line and XPO Logistics.
On June 10, 2025, Jefferies maintained a "Buy" rating for ArcBest, with the stock price at $70.90. Jefferies also raised the price target from $75 to $85, as highlighted by TheFly. This adjustment indicates a strong confidence in ArcBest's potential for growth and profitability.
BofA Securities analyst Ken Hoexter upgraded ArcBest from an "Underperform" to a "Neutral" rating, increasing the price target from $63 to $74. This upgrade is a reflection of ArcBest's strong growth and market share gains among core customers, which help mitigate pressure on core yield.
ArcBest's CFO, Matt Beasley, noted stronger-than-expected volume trends in the second quarter, with broad-based growth in its core LTL business. In May, the company saw a 5% increase in tons per day over April, surpassing the typical 3% rise. Shipments per day increased by 2%, compared to the usual 1%.
The current stock price of ARCB is $70.54, reflecting a decrease of 0.51% or $0.37. Today, the stock has traded between a low of $70.40 and a high of $72.10. Over the past year, ARCB has reached a high of $129.83 and a low of $55.19. The company's market capitalization is approximately $1.62 billion.
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