Analyst Ariel Rosa of Citi maintained a Buy rating on ArcBest, boosting the price target to $107.00.
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Ariel Rosa has given his Buy rating due to a combination of factors that point to gradually improving fundamentals and earnings leverage at ArcBest. The latest mid‑quarter data show pricing metrics firming, with revenue per hundredweight and per shipment recovering as the mix shifts away from low‑margin heavy loads toward more profitable core freight, while the asset‑based segment is tracking toward better‑than‑seasonal operating performance.
At the same time, the asset‑light business is now expected to generate positive operating income instead of a loss, supported by robust shipment growth, which adds an incremental earnings tailwind. Backed by healthy leading indicators such as an expansionary ISM and ArcBest’s unionized cost structure that should translate into meaningful operating leverage in an upcycle, Rosa modestly raises his 2026 EPS forecast and target price, concluding the shares offer attractive upside from current levels.
According to TipRanks, Rosa is a 5-star analyst with an average return of 17.1% and a 75.93% success rate. Rosa covers the Industrials sector, focusing on stocks such as XPO, Knight Transportation, and Union Pacific.
In another report released on March 2, Jefferies also maintained a Buy rating on the stock with a $125.00 price target.