ArcBest (ARCB) Stock Forecast, Price Target & Predictions
ARCB Stock Forecast
ArcBest stock forecast is as follows: an average price target of $128.80 (represents a 28.77% upside from ARCB’s last price of $100.02) 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 $128.80 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 $100.00. This represents a potential 28.77% upside from ARCB's last price of $100.02.
ARCB Analyst Ratings
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% | 10.98% |
| Aug 06, 2024 | Bruce Chan | Stifel Nicolaus | $131.00 | $109.22 | 19.94% | 30.97% |
| Jul 08, 2024 | Ravi Shanker | Morgan Stanley | $176.00 | $107.40 | 63.87% | 75.96% |
| May 14, 2024 | Bruce Chan | Stifel Nicolaus | $150.00 | $119.75 | 25.26% | 49.97% |
| May 01, 2024 | Thomas Wadewitz | UBS | $126.00 | $110.91 | 13.61% | 25.97% |
| Aug 01, 2023 | Bruce Chan | Stifel Nicolaus | $134.00 | $117.39 | 14.15% | 33.97% |
| Feb 06, 2023 | - | Credit Suisse | $100.00 | $86.70 | 15.34% | -0.02% |
| Jan 11, 2023 | - | Morgan Stanley | $138.00 | $78.51 | 75.77% | 37.97% |
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 10.98% increase from ARCB last price ($100.02).
ArcBest Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 5 |
| Avg Price Target | $111.00 | $121.00 | $138.80 |
| Last Closing Price | $100.02 | $100.02 | $100.02 |
| Upside/Downside | 10.98% | 20.98% | 38.77% |
In the current month, the average price target of ArcBest stock is $111.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.98% increase as opposed to ArcBest's last price of $100.02. This month's average price target is down -8.26% compared to last quarter, and down -20.03% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | B. Riley Securities | - | Neutral | Downgrade |
ArcBest's last stock rating was published by Cowen & Co. on Oct 14, 2024. The company Downgrade its ARCB rating from "Buy" to "Hold".
ArcBest Financial Forecast
ArcBest Revenue Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $627.37M | $701.40M | $717.42M | $787.56M |
| Avg Forecast | $1.39B | $1.35B | $1.31B | $1.27B | $1.13B | $1.14B | $1.12B | $1.04B | $1.04B | $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 | $642.48M | $706.02M | $721.13M | $797.06M |
| High Forecast | $1.42B | $1.38B | $1.34B | $1.30B | $1.16B | $1.17B | $1.14B | $1.07B | $1.06B | $1.09B | $1.06B | $1.03B | $1.11B | $1.15B | $1.13B | $1.20B | $1.28B | $1.34B | $1.39B | $1.28B | $1.10B | $1.01B | $923.45M | $813.61M | $802.11M | $771.38M | $642.48M | $706.02M | $721.13M | $797.06M |
| Low Forecast | $1.36B | $1.32B | $1.28B | $1.24B | $1.11B | $1.12B | $1.09B | $1.01B | $1.02B | $1.05B | $1.06B | $1.03B | $1.07B | $1.09B | $1.08B | $1.15B | $1.22B | $1.34B | $1.39B | $1.28B | $1.10B | $1.01B | $923.45M | $813.61M | $802.11M | $771.38M | $642.48M | $706.02M | $721.13M | $797.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 11 | 5 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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% | 0.98% | 0.99% | 0.99% | 0.99% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 11 | 5 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $53.20M | $34.34M | $19.98M | $55.60M |
| Avg Forecast | $105.14M | $102.05M | $99.05M | $96.14M | $85.81M | $86.34M | $84.42M | $78.83M | $78.41M | $80.81M | $80.07M | $97.45M | $82.25M | $84.60M | $83.79M | $88.59M | $100.88M | $101.18M | $104.74M | $80.54M | $83.35M | $76.17M | $69.83M | $61.47M | $60.65M | $58.33M | $48.58M | $162.98M | $54.53M | $60.27M |
| High Forecast | $107.53M | $104.37M | $101.30M | $98.32M | $87.76M | $88.30M | $86.33M | $80.96M | $79.85M | $82.61M | $80.07M | $116.94M | $83.77M | $87.15M | $85.70M | $106.31M | $121.06M | $101.18M | $104.74M | $96.65M | $83.35M | $76.17M | $69.83M | $73.76M | $60.65M | $58.33M | $48.58M | $195.58M | $54.53M | $60.27M |
| Low Forecast | $102.75M | $99.73M | $96.80M | $93.95M | $83.86M | $84.38M | $82.50M | $76.70M | $76.97M | $79.16M | $80.07M | $77.96M | $80.72M | $82.24M | $81.89M | $70.87M | $80.70M | $101.18M | $104.74M | $64.43M | $83.35M | $76.17M | $69.83M | $49.17M | $60.65M | $58.33M | $48.58M | $130.39M | $54.53M | $60.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 0.69% | 0.89% | 1.50% | 1.63% | 1.60% | 1.46% | 1.56% | 1.52% | 1.04% | 1.04% | 1.24% | 1.10% | 0.21% | 0.37% | 0.92% |
4 analysts predict ARCB's average Quarter EBITDA for Dec 23 to be $82.25M, with a high of $83.77M and a low of $80.72M. This is -4.66% lower than ArcBest's previous annual EBITDA (Sep 23) of $86.27M.
ArcBest Net Income Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 11 | 5 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $15.88M | $1.90M | $-5.55M | $16.27M |
| Avg Forecast | $62.43M | $75.21M | $65.69M | $34.19M | $54.35M | $61.21M | $54.27M | $29.28M | $33.06M | $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 | $36.17K | $9.03M | $10.15M | $20.73M |
| High Forecast | $64.28M | $77.44M | $67.63M | $35.20M | $55.95M | $63.02M | $55.87M | $31.32M | $36.65M | $47.90M | $49.06M | $63.05M | $54.98M | $40.80M | $49.84M | $57.32M | $65.22M | $88.88M | $94.18M | $52.11M | $54.35M | $58.79M | $39.04M | $26.87M | $22.11M | $18.91M | $36.17K | $10.83M | $10.15M | $20.73M |
| Low Forecast | $60.59M | $72.99M | $63.75M | $33.18M | $52.74M | $59.41M | $52.67M | $26.50M | $27.29M | $36.65M | $49.06M | $42.03M | $48.50M | $32.78M | $46.98M | $38.21M | $43.48M | $88.88M | $94.18M | $34.74M | $54.35M | $58.79M | $39.04M | $17.91M | $22.11M | $18.91M | $36.17K | $7.22M | $10.15M | $20.73M |
| 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% | 439.09% | 0.21% | -0.55% | 0.78% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 11 | 5 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $134.62M | $-132.47M | - | - | $132.47M | - | - | - | $95.85M | - | - | - | - | - | $146.58M |
| Avg Forecast | $73.43M | $71.27M | $69.18M | $67.14M | $59.93M | $60.30M | $58.95M | $55.06M | $54.76M | $56.44M | $55.92M | $100.05M | $57.44M | $59.08M | $58.52M | $90.95M | $66.08M | $70.66M | $73.15M | $82.68M | $58.21M | $53.19M | $48.77M | $91.87M | $42.36M | $40.73M | $33.93M | $37.28M | $38.08M | $42.09M |
| High Forecast | $75.10M | $72.89M | $70.75M | $68.67M | $61.29M | $61.67M | $60.29M | $56.54M | $55.77M | $57.69M | $55.92M | $120.06M | $58.50M | $60.86M | $59.85M | $109.14M | $67.59M | $70.66M | $73.15M | $99.22M | $58.21M | $53.19M | $48.77M | $110.24M | $42.36M | $40.73M | $33.93M | $37.28M | $38.08M | $42.09M |
| Low Forecast | $71.76M | $69.65M | $67.60M | $65.62M | $58.57M | $58.93M | $57.61M | $53.57M | $53.76M | $55.29M | $55.92M | $80.04M | $56.38M | $57.44M | $57.19M | $72.76M | $64.58M | $70.66M | $73.15M | $66.15M | $58.21M | $53.19M | $48.77M | $73.49M | $42.36M | $40.73M | $33.93M | $37.28M | $38.08M | $42.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | -2.00% | - | - | 1.60% | - | - | - | 1.04% | - | - | - | - | - | 3.48% |
ArcBest's average Quarter SG&A projection for Jun 23 is $58.52M, based on 6 Wall Street analysts, with a range of $57.19M to $59.85M. The forecast indicates a -56.53% fall compared to ARCB last annual SG&A of $134.62M (Mar 23).
ArcBest EPS Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 11 | 5 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $0.62 | $0.07 | $-0.22 | $0.64 |
| Avg Forecast | $2.64 | $3.17 | $2.77 | $1.44 | $2.29 | $2.58 | $2.29 | $1.24 | $1.40 | $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 | - | $-0.15 | $0.42 | $0.87 |
| High Forecast | $2.71 | $3.27 | $2.85 | $1.49 | $2.36 | $2.66 | $2.36 | $1.32 | $1.55 | $2.02 | $2.07 | $1.55 | $2.32 | $1.72 | $2.10 | $2.04 | $2.62 | $3.72 | $3.94 | $2.13 | $2.27 | $2.46 | $1.63 | $0.59 | $0.92 | $0.79 | - | $-0.15 | $0.42 | $0.87 |
| Low Forecast | $2.56 | $3.08 | $2.69 | $1.40 | $2.23 | $2.51 | $2.22 | $1.12 | $1.15 | $1.55 | $2.07 | $1.51 | $2.05 | $1.38 | $1.98 | $1.93 | $2.47 | $3.72 | $3.94 | $2.13 | $2.27 | $2.46 | $1.63 | $0.59 | $0.92 | $0.79 | - | $-0.15 | $0.42 | $0.87 |
| 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% | 410.05% | -0.46% | -0.52% | 0.74% |
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 | $10.91 | $16.33 | 49.68% | Hold |
| MRTN | Marten Transport | $15.86 | $22.50 | 41.87% | Hold |
| ODFL | Old Dominion Freight Line | $200.98 | $271.44 | 35.06% | Hold |
| ARCB | ArcBest | $100.02 | $128.80 | 28.77% | Hold |
| PTSI | P.A.M. Transportation Services | $15.59 | $19.00 | 21.87% | Hold |
| KNX | Knight-Swift Transportation | $52.93 | $59.40 | 12.22% | Buy |
| WERN | Werner Enterprises | $37.54 | $41.67 | 11.00% | Sell |
| SNDR | Schneider National | $28.41 | $27.75 | -2.32% | Buy |
| ULH | Universal Logistics | $42.69 | $36.00 | -15.67% | - |
| SAIA | Saia | $480.69 | $376.29 | -21.72% | Buy |
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 $128.8 with a range of $100 to $176, implying a 28.77% from its last price of $100.02. 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 28.77% (from the last price of $100.02 to the average price target of $128.8), up by 75.96% based on the highest stock price target, and down by -0.02% based on the lowest stock price target.
Can ArcBest stock reach $200?
ARCB's average twelve months analyst stock price target of $128.8 does not support the claim that ArcBest can reach $200 in the near future.
What is ArcBest's current price target trend?
1 Wall Street analyst forecast a $111 price target for ArcBest (ARCB) this month, up 10.98% from its last price of $100.02. Compared to the last 3 and 12 months, the average price target increased by 20.98% and increased by 38.77%, respectively.
What are ArcBest's analysts' financial forecasts?
ArcBest's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.44B (high $4.54B, low $4.33B), average EBITDA is $335.4M (high $343.36M, low $327.44M), average net income is $199.11M (high $206.16M, low $191.31M), average SG&A $234.24M (high $239.8M, low $228.68M), and average EPS is $8.4 (high $8.7, low $8.08). ARCB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.32B (high $5.44B, low $5.2B), average EBITDA is $402.38M (high $411.52M, low $393.23M), average net income is $237.52M (high $244.54M, low $230.5M), average SG&A $281.02M (high $287.4M, low $274.63M), and average EPS is $10.03 (high $10.32, low $9.73).
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 $292.58M 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, beating the average prediction of $84.6M by 1.97%. 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 $59.08M by -100.00%. Lastly, the company's EPS was $1.45, missing the average prediction of $1.49 by -2.90%