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Saia ( (SAIA) ) has shared an update.
On March 3, 2026, Saia reported operating data for January and February 2026 showing mixed trends in its less-than-truckload business versus a year earlier. January saw LTL shipments per workday fall 2.1%, tonnage per workday drop 7.0% and weight per shipment decline 5.1% compared with January 2025, underscoring softer freight density early in the quarter.
In February 2026, LTL shipments per workday edged up 0.3% while tonnage per workday was still down 2.7% and weight per shipment decreased 3.0% from February 2025, pointing to modest volume improvement but lighter loads. For the quarter to date, shipments per workday were down 0.9% and tonnage per workday fell 4.8%, though Saia highlighted solid pricing power with contractual renewals of 6.6% in January and 5.9% in February, a supportive sign for revenue quality despite softer tonnage.
The most recent analyst rating on (SAIA) stock is a Buy with a $500.00 price target. To see the full list of analyst forecasts on Saia stock, see the SAIA Stock Forecast page.
Spark’s Take on SAIA Stock
According to Spark, TipRanks’ AI Analyst, SAIA is a Outperform.
The score is driven primarily by strong underlying financial position (notably low leverage) and supportive technical momentum. This is balanced by weak/volatile free cash flow and a premium valuation (high P/E), while earnings-call guidance is moderately positive but constrained by near-term cost and volume headwinds.
To see Spark’s full report on SAIA stock, click here.
More about Saia
Saia, Inc., based in Georgia and listed on Nasdaq as SAIA, is a transportation provider specializing in national less-than-truckload freight, brokered truckload, expedited transportation and broader logistics services. The company operates a network of 213 Saia LTL Freight terminals across the U.S., giving it nationwide coverage for shippers seeking time-sensitive and regional LTL solutions.
Its service mix positions Saia as a key player in the competitive LTL and logistics market, where scale, pricing discipline and contractual renewals are critical to maintaining profitability. By combining asset-based LTL operations with non-asset truckload brokerage and expedited offerings, the company targets customers that value integrated freight and logistics capabilities.
Average Trading Volume: 520,623
Technical Sentiment Signal: Buy
Current Market Cap: $10.88B
See more data about SAIA stock on TipRanks’ Stock Analysis page.