ArcBest (ARCB, Financial), a leading logistics and transportation solutions provider, has received a significant upgrade from Goldman Sachs. The analyst, Jordan Alliger, has revised the rating on ArcBest from "Neutral" to "Buy," as of June 2, 2025.
Alongside the rating upgrade, Goldman Sachs has also raised its price target for ArcBest (ARCB, Financial) from $84.00 to $101.00. This adjustment represents a 20.24% increase in the price target, signaling renewed confidence in the company's potential future performance.
The changes in analyst ratings and price targets can have a notable impact on investor sentiment, and this update from a prominent financial institution like Goldman Sachs is likely to draw attention to ArcBest (ARCB, Financial) in the coming days.
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 $80.64 with a high estimate of $140.00 and a low estimate of $60.00. The average target implies an upside of 28.63% from the current price of $62.69. 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 $96.70, suggesting a upside of 54.25% from the current price of $62.69. 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.
