On May 16, 2025, ArcBest (ARCB, Financial), a leader in supply chain logistics, received a revised price target from B of A Securities analyst Ken Hoexter. The new price target is set at $67.00, increased from the previous $58.00. This adjustment reflects a 15.52% increase in the projected valuation of the company.
Despite the raised price target, B of A Securities maintains its current "Underperform" rating for ArcBest (ARCB, Financial). This rating suggests that the firm's stock performance is expected to lag behind similar companies in the logistics and transportation sector.
The update comes as ArcBest (ARCB, Financial) continues to navigate the competitive landscape of the logistics industry, with investors and market participants keeping a keen eye on its development. The adjustment in price target indicates a potential reevaluation of the company's financial and market position, although the maintained rating implies cautious optimism.
ArcBest (ARCB, Financial) remains a stock to watch as market conditions evolve, and further updates from analysts could provide additional insights into its future performance in the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for ArcBest Corp (ARCB, Financial) is $79.82 with a high estimate of $140.00 and a low estimate of $58.00. The average target implies an upside of 18.71% from the current price of $67.24. More detailed estimate data can be found on the ArcBest Corp (ARCB) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, ArcBest Corp's (ARCB, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ArcBest Corp (ARCB, Financial) in one year is $96.21, suggesting a upside of 43.08% from the current price of $67.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ArcBest Corp (ARCB) Summary page.
