On June 9, 2025, B of A Securities kept its rating on ArcBest (ARCB, Financial) at "Underperform". The decision reflects a continuation of the firm's previous stance, as the rating remains unchanged from its prior assessment.
However, analyst Ken Hoexter at B of A Securities lowered the price target for ArcBest (ARCB, Financial) from $67.00 to $63.00. This adjustment marks a decrease of 5.97% from the previous target. The revised price target reflects the analyst's latest expectations for the company's stock performance in the near term.
The changes in the price target and maintained rating highlight the current evaluation by B of A Securities of ArcBest's (ARCB, Financial) market position and future prospects. Investors are advised to take note of this updated guidance as part of their investment strategies concerning ArcBest (ARCB).
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 $81.82 with a high estimate of $140.00 and a low estimate of $60.00. The average target implies an upside of 23.28% from the current price of $66.37. 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 2.4, 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 45.7% from the current price of $66.37. 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.
