Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on ArcBest today and set a price target of $73.00.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
J. Bruce Chan has given his Buy rating due to a combination of factors that highlight ArcBest’s potential for growth. The company has reported a higher than expected earnings per share for the third quarter of 2025, showing early progress in its technology and efficiency-based margin improvement plans, particularly in the less-than-truckload (LTL) segment. This suggests a promising trajectory towards the company’s mid-term earnings growth targets.
Despite some skepticism from the market regarding macroeconomic influences and pricing strategies, Chan remains optimistic about ArcBest’s valuation and strategic direction. The company’s stable network and service levels, along with its credible growth plan, make it an attractive option for value-oriented investors seeking exposure to the LTL market. Furthermore, recent improvements in cost controls and asset light brokerage performance add to the potential upside, reinforcing the Buy recommendation.
In another report released on November 6, Truist Financial also maintained a Buy rating on the stock with a $85.00 price target.