ArcBest (ARCB) Stock Forecast, Price Target & Predictions

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ARCB Stock Forecast

ArcBest stock forecast is as follows: an average price target of $139.33 (represents a 48.02% upside from ARCB’s last price of $94.13) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

ARCB Price Target

The average price target for ArcBest (ARCB) is $139.33 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $176.00 to $111.00. This represents a potential 48.02% upside from ARCB's last price of $94.13.

ARCB Analyst Ratings

Hold

According to 12 Wall Street analysts, ArcBest's rating consensus is 'Hold'. The analyst rating breakdown for ARCB stock is 1 'Strong Buy' (8.33%), 3 'Buy' (25.00%), 8 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ArcBest Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 09, 2024	Ariel Rosa	Citigroup	$111.00	$102.19	8.62%	17.92%
Aug 06, 2024	Bruce Chan	Stifel Nicolaus	$131.00	$109.22	19.94%	39.17%
Jul 08, 2024	Ravi Shanker	Morgan Stanley	$176.00	$107.40	63.87%	86.98%
May 14, 2024	Bruce Chan	Stifel Nicolaus	$150.00	$119.75	25.26%	59.35%
May 01, 2024	Thomas Wadewitz	UBS	$126.00	$110.91	13.61%	33.86%
Aug 01, 2023	Bruce Chan	Stifel Nicolaus	$134.00	$117.39	14.15%	42.36%
Feb 06, 2023		Credit Suisse	$100.00	$86.70	15.34%	6.24%
Jan 11, 2023		Morgan Stanley	$138.00	$78.51	75.77%	46.61%

The latest ArcBest stock forecast, released on Oct 09, 2024 by Ariel Rosa from Citigroup, set a price target of $111.00, which represents a 8.62% increase from the stock price at the time of the forecast ($102.19), and a 17.92% increase from ARCB last price ($94.13).

ArcBest Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	5
Avg Price Target	-	$111.00	$138.80
Last Closing Price	$94.13	$94.13	$94.13
Upside/Downside	-100.00%	17.92%	47.46%

In the current month, the average price target of ArcBest stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ArcBest's last price of $94.13. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 03, 2024	Citigroup	Neutral	Neutral	Hold
Oct 14, 2024	Cowen & Co.	Buy	Hold	Downgrade
Oct 09, 2024	Deutsche Bank		Hold	Initialise
Oct 09, 2024	Wolfe Research	Outperform	Peer Perform	Downgrade
Oct 08, 2024	Citigroup	Buy	Neutral	Initialise
Sep 05, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 04, 2024	Wells Fargo		Equal-Weight	Downgrade
Aug 05, 2024	Cowen & Co.	Buy	Buy	Hold
Jul 08, 2024	Morgan Stanley	Overweight	Overweight	Hold
May 01, 2024	UBS	Neutral	Neutral	Hold
Aug 21, 2023	Cowen & Co.		Market Perform	Downgrade
Aug 21, 2023	Wolfe Research		Outperform	Upgrade
Aug 21, 2023	Stephens		Overweight	Upgrade
Aug 21, 2023	Citigroup		Buy	Upgrade
Aug 21, 2023	Jefferies		Hold	Downgrade
Aug 21, 2023	Macquarie		Neutral	Downgrade
Aug 21, 2023	B. Riley Securities		Neutral	Downgrade
Jul 06, 2023	Raymond James	Strong Buy	Strong Buy	Hold
Jul 06, 2023	Morgan Stanley	Overweight	Overweight	Hold
Feb 06, 2023	Credit Suisse	Outperform	Outperform	Hold
Jan 11, 2023	Morgan Stanley	Overweight	Overweight	Hold
Oct 11, 2022	Credit Suisse	Outperform	Outperform	Hold

ArcBest's last stock rating was published by Citigroup on Dec 03, 2024. The company gave ARCB a "Neutral" rating, the same as its previous rate.

ArcBest Financial Forecast

ArcBest Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.13B	$1.10B	$1.11B	$1.24B	$1.35B	$1.39B	$1.34B	$1.19B	$1.02B	$948.97M	$829.21M	$816.41M	$794.98M
Avg Forecast	$1.57B	$1.52B	$1.48B	$1.43B	$1.39B	$1.35B	$1.31B	$1.27B	$1.09B	$1.13B	$1.10B	$1.02B	$1.00B	$1.07B	$1.06B	$1.03B	$1.09B	$1.12B	$1.11B	$1.18B	$1.25B	$1.34B	$1.39B	$1.28B	$1.10B	$1.01B	$923.45M	$813.61M	$802.11M	$771.38M
High Forecast	$1.63B	$1.58B	$1.54B	$1.49B	$1.45B	$1.41B	$1.36B	$1.32B	$1.14B	$1.18B	$1.14B	$1.07B	$1.01B	$1.08B	$1.06B	$1.03B	$1.11B	$1.15B	$1.15B	$1.23B	$1.30B	$1.34B	$1.39B	$1.28B	$1.10B	$1.01B	$923.45M	$813.61M	$802.11M	$771.38M
Low Forecast	$1.50B	$1.46B	$1.41B	$1.37B	$1.33B	$1.29B	$1.26B	$1.22B	$1.05B	$1.09B	$1.05B	$957.02M	$990.00M	$1.05B	$1.06B	$1.03B	$1.07B	$1.09B	$1.06B	$1.13B	$1.20B	$1.34B	$1.39B	$1.28B	$1.10B	$1.01B	$923.45M	$813.61M	$802.11M	$771.38M
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	7	3	2	2	4	7	6	3	2	2	2	2	3	4	5	6	6	15
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.00%	0.94%	0.99%	1.01%	1.01%	1.05%	1.08%	1.01%	1.03%	1.02%	1.02%	1.03%

ArcBest's average Quarter revenue forecast for Dec 23 based on 4 analysts is $1.09B, with a low forecast of $1.07B, and a high forecast of $1.11B. ARCB's average Quarter revenue forecast represents a -3.60% decrease compared to the company's last Quarter revenue of $1.13B (Sep 23).

ArcBest EBITDA Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	7	3	2	2	4	7	6	3	2	2	2	2	3	4	5	6	6	15
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$86.27M	$86.69M	$61.26M	$90.21M	$151.43M	$170.23M	$129.03M	$121.56M	$118.58M	$106.01M	$64.13M	$62.97M	$72.07M
Avg Forecast	$130.01M	$126.19M	$122.48M	$118.88M	$115.39M	$112.00M	$108.71M	$105.51M	$90.69M	$94.12M	$91.23M	$84.91M	$83.39M	$88.68M	$87.87M	$97.45M	$90.26M	$92.85M	$91.96M	$88.59M	$100.88M	$101.18M	$104.74M	$80.54M	$83.35M	$76.17M	$69.83M	$61.47M	$60.65M	$58.33M
High Forecast	$135.35M	$131.37M	$127.51M	$123.77M	$120.13M	$116.60M	$113.17M	$109.85M	$94.41M	$97.99M	$94.98M	$88.92M	$84.22M	$90.00M	$87.87M	$116.94M	$91.94M	$95.65M	$95.74M	$106.31M	$121.06M	$101.18M	$104.74M	$96.65M	$83.35M	$76.17M	$69.83M	$73.76M	$60.65M	$58.33M
Low Forecast	$124.58M	$120.92M	$117.37M	$113.92M	$110.57M	$107.32M	$104.17M	$101.11M	$86.90M	$90.20M	$87.43M	$79.42M	$82.15M	$87.37M	$87.87M	$77.96M	$88.59M	$90.26M	$88.12M	$70.87M	$80.70M	$101.18M	$104.74M	$64.43M	$83.35M	$76.17M	$69.83M	$49.17M	$60.65M	$58.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.93%	0.94%	0.69%	0.89%	1.50%	1.63%	1.60%	1.46%	1.56%	1.52%	1.04%	1.04%	1.24%

4 analysts predict ARCB's average Quarter EBITDA for Dec 23 to be $90.26M, with a high of $91.94M and a low of $88.59M. This is 4.64% upper than ArcBest's previous annual EBITDA (Sep 23) of $86.27M.

ArcBest Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	7	3	2	2	4	7	6	3	2	2	2	2	3	4	5	6	6	15
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$34.92M	$40.44M	$18.85M	$37.34M	$88.84M	$102.46M	$69.57M	$65.49M	$63.69M	$60.98M	$23.36M	$23.91M	$29.40M
Avg Forecast	$74.68M	$89.71M	$79.30M	$43.57M	$62.43M	$75.21M	$65.69M	$34.19M	$47.28M	$57.91M	$49.68M	$22.15M	$25.52M	$43.83M	$49.06M	$52.54M	$52.58M	$35.38M	$48.41M	$47.77M	$54.35M	$88.88M	$94.18M	$43.42M	$54.35M	$58.79M	$39.04M	$22.39M	$22.11M	$18.91M
High Forecast	$78.67M	$94.50M	$83.53M	$45.90M	$65.77M	$79.23M	$69.19M	$36.02M	$49.81M	$61.01M	$52.33M	$28.18M	$28.07M	$46.17M	$49.06M	$63.05M	$54.98M	$40.80M	$51.00M	$57.32M	$65.22M	$88.88M	$94.18M	$52.11M	$54.35M	$58.79M	$39.04M	$26.87M	$22.11M	$18.91M
Low Forecast	$70.63M	$84.84M	$74.99M	$41.20M	$59.05M	$71.13M	$62.12M	$32.33M	$44.72M	$54.77M	$46.98M	$16.33M	$22.74M	$41.45M	$49.06M	$42.03M	$48.50M	$32.78M	$45.78M	$38.21M	$43.48M	$88.88M	$94.18M	$34.74M	$54.35M	$58.79M	$39.04M	$17.91M	$22.11M	$18.91M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.84%	0.39%	0.69%	1.00%	1.09%	1.60%	1.20%	1.08%	1.56%	1.04%	1.08%	1.55%

ArcBest's average Quarter net income forecast for Dec 23 is $52.58M, with a range of $48.50M to $54.98M. ARCB's average Quarter net income forecast represents a 50.59% increase compared to the company's last Quarter net income of $34.92M (Sep 23).

ArcBest SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	7	3	2	2	4	7	6	3	2	2	2	2	3	4	5	6	6	15
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$134.62M	$-132.47M	-	-	$132.47M	-	-	-	$95.85M	-	-
Avg Forecast	$74.01M	$71.83M	$69.72M	$67.67M	$65.68M	$63.75M	$61.88M	$60.06M	$51.62M	$53.58M	$51.93M	$48.34M	$47.47M	$50.48M	$50.02M	$100.05M	$51.38M	$52.85M	$52.35M	$90.95M	$59.11M	$70.66M	$73.15M	$82.68M	$58.21M	$53.19M	$48.77M	$91.87M	$42.36M	$40.73M
High Forecast	$77.05M	$74.78M	$72.59M	$70.45M	$68.38M	$66.37M	$64.42M	$62.53M	$53.74M	$55.78M	$54.07M	$50.62M	$47.94M	$51.23M	$50.02M	$120.06M	$52.33M	$54.45M	$54.50M	$109.14M	$61.54M	$70.66M	$73.15M	$99.22M	$58.21M	$53.19M	$48.77M	$110.24M	$42.36M	$40.73M
Low Forecast	$70.92M	$68.83M	$66.81M	$64.85M	$62.94M	$61.09M	$59.30M	$57.55M	$49.47M	$51.34M	$49.77M	$45.21M	$46.77M	$49.73M	$50.02M	$80.04M	$50.43M	$51.38M	$50.16M	$72.76M	$56.65M	$70.66M	$73.15M	$66.15M	$58.21M	$53.19M	$48.77M	$73.49M	$42.36M	$40.73M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.48%	-2.24%	-	-	1.60%	-	-	-	1.04%	-	-

ArcBest's average Quarter SG&A projection for Jun 23 is $52.35M, based on 6 Wall Street analysts, with a range of $50.16M to $54.50M. The forecast indicates a -61.11% fall compared to ARCB last annual SG&A of $134.62M (Mar 23).

ArcBest EPS Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	7	3	2	2	4	7	6	3	2	2	2	2	3	4	5	6	6	15
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.45	$1.68	$0.78	$1.53	$3.61	$4.16	$2.82	$2.60	$2.48	$2.38	$0.92	$0.94	$1.15
Avg Forecast	$3.15	$3.79	$3.35	$1.84	$2.64	$3.17	$2.77	$1.44	$2.00	$2.44	$2.10	$0.93	$1.08	$1.85	$2.07	$1.53	$2.22	$1.49	$2.04	$1.99	$2.55	$3.72	$3.94	$2.13	$2.27	$2.46	$1.63	$0.59	$0.92	$0.79
High Forecast	$3.32	$3.99	$3.53	$1.94	$2.78	$3.34	$2.92	$1.52	$2.10	$2.58	$2.21	$1.19	$1.19	$1.95	$2.07	$1.55	$2.32	$1.72	$2.15	$2.09	$2.68	$3.72	$3.94	$2.13	$2.27	$2.46	$1.63	$0.59	$0.92	$0.79
Low Forecast	$2.98	$3.58	$3.17	$1.74	$2.49	$3.00	$2.62	$1.36	$1.89	$2.31	$1.98	$0.69	$0.96	$1.75	$2.07	$1.51	$2.05	$1.38	$1.93	$1.88	$2.41	$3.72	$3.94	$2.13	$2.27	$2.46	$1.63	$0.59	$0.92	$0.79
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.97%	0.82%	0.39%	0.60%	0.97%	1.06%	1.32%	1.14%	1.01%	1.46%	1.55%	1.02%	1.45%

According to 4 Wall Street analysts, ArcBest's projected average Quarter EPS for Dec 23 is $2.22, with a low estimate of $2.05 and a high estimate of $2.32. This represents a 53.07% increase compared to ARCB previous annual EPS of $1.45 (Sep 23).

ArcBest Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
HTLD	Heartland Express	$11.72	$16.33	39.33%	Hold
MRTN	Marten Transport	$16.71	$22.50	34.65%	Hold
ARCB	ArcBest	$106.03	$139.33	31.41%	Hold
ODFL	Old Dominion Freight Line	$198.98	$202.38	1.71%	Hold
KNX	Knight-Swift Transportation	$53.94	$54.00	0.11%	Buy
SAIA	Saia	$532.83	$505.40	-5.15%	Buy
SNDR	Schneider National	$30.08	$28.50	-5.25%	Buy
WERN	Werner Enterprises	$38.25	$35.67	-6.75%	Sell
ULH	Universal Logistics	$47.90	$36.00	-24.84%

ARCB Forecast FAQ

Is ArcBest a good buy?

No, according to 12 Wall Street analysts, ArcBest (ARCB) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 33.33% of ARCB's total ratings.

What is ARCB's price target?

ArcBest (ARCB) average price target is $139.33 with a range of $111 to $176, implying a 48.02% from its last price of $94.13. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ArcBest stock go up soon?

According to Wall Street analysts' prediction for ARCB stock, the company can go up by 48.02% (from the last price of $94.13 to the average price target of $139.33), up by 86.98% based on the highest stock price target, and up by 17.92% based on the lowest stock price target.

Can ArcBest stock reach $140?

ARCB's highest twelve months analyst stock price target of $176 supports the claim that ArcBest can reach $140 in the near future.

What are ArcBest's analysts' financial forecasts?

ArcBest's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.32B (high $5.54B, low $5.1B), average EBITDA is $441.6M (high $459.75M, low $423.17M), average net income is $237.52M (high $250.21M, low $224.64M), average SG&A $251.38M (high $261.71M, low $240.89M), and average EPS is $10.03 (high $10.56, low $9.48). ARCB's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $6B (high $6.24B, low $5.75B), average EBITDA is $497.56M (high $518M, low $476.79M), average net income is $287.25M (high $302.6M, low $271.67M), average SG&A $283.23M (high $294.87M, low $271.41M), and average EPS is $12.13 (high $12.77, low $11.47).

Did the ARCB's actual financial results beat the analysts' financial forecasts?

Based on ArcBest's last annual report (Dec 2022), the company's revenue was $5.32B, beating the average analysts forecast of $5.25B by 1.38%. Apple's EBITDA was $540.9M, beating the average prediction of $387.35M by 39.64%. The company's net income was $298.21M, beating the average estimation of $280.84M by 6.19%. Apple's SG&A was $0, missing the average forecast of $285.61M by -100.00%. Lastly, the company's EPS was $12.13, missing the average prediction of $12.33 by -1.66%. In terms of the last quarterly report (Sep 2023), ArcBest's revenue was $1.13B, beating the average analysts' forecast of $1.12B by 0.85%. The company's EBITDA was $86.27M, missing the average prediction of $92.85M by -7.09%. ArcBest's net income was $34.92M, missing the average estimation of $35.38M by -1.29%. The company's SG&A was $0, missing the average forecast of $52.85M by -100.00%. Lastly, the company's EPS was $1.45, missing the average prediction of $1.49 by -2.90%