Key Highlights

● ODFL shares ended 9 October 2026 at $181.97.

● Market data consensus target is $223.48, implying about 22.8% upside.

● The analyst rating consensus is Hold.

● JPMorgan lowered its target from $250 to $232 on 5 October.

Old Dominion Freight Line (NASDAQ:ODFL), a constituent of both the S&P 500 and the Nasdaq-100, ended Friday 9 October 2026 at $181.97. Analyst targets sit well above that level, with the consensus implying upside of about 22.8%. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

Market data shows a consensus price target of $223.48 from 26 analysts, implying upside of about 22.8% from the $181.97 close. Targets range from $172 to $260. The second data set shows a mean of $222.38 and a median of $229 from 24 analysts, with a high of $250 and a low of $156.

What Are Wall Street Analysts Saying?

The consensus rating is Hold on market data, with ten Buy, fifteen Hold and one Sell rating. The second data set shows nine Buy-equivalent ratings, fourteen Hold and one Sell. Recent named actions include Stifel Nicolaus cutting its target from $263 to $230 with a Buy rating on 8 October, Truist Financial lowering its target from $250 to $230 with a Buy rating on 7 October, and BMO Capital Markets setting a $235 target.

JPMorgan lowered its target from $250 to $232 with a Neutral rating on 5 October, and Susquehanna cut from $232 to $202 with a Neutral rating on 2 October. Wolfe Research upgraded the shares from Underperform to Peer Perform on 7 October. In September, Citigroup upgraded to Buy with a $223 target, Bank of America lowered its target from $240 to $205, and Bernstein initiated at Market Perform with a $200 target.

What Could Help the Stock Reach the Price Target?

The consensus target suggests substantial upside, and even the reduced targets from Stifel, Truist, BMO and JPMorgan, all between $230 and $235, sit well above the current price. The company's announced 4.9% general rate increase, effective 5 October 2026, per market data, may be viewed by some analysts as supportive of pricing. Upgrades from Citigroup and Wolfe Research suggest some brokers see improving prospects.

What Could Prevent the Stock Reaching the Target?

The direction of recent revisions is the main concern. Stifel's $33 cut and Susquehanna's $30 cut show that analysts have been lowering expectations, and the consensus could drift down if more follow. Hold ratings dominate, and the freight sector is sensitive to economic activity, shipment volumes, pricing and fuel and labour costs. A wide spread of targets, from $172 to $260, also shows how divided the opinions are. A 22% gap between price and consensus may reflect that caution as well as opportunity.

What Should Investors Watch Next?

Investors may wish to watch further target changes, evidence on how the rate increase affects revenue and whether the share price stabilises relative to the recent target revisions.

Old Dominion Freight Line and the Gap to Analyst Targets

Old Dominion Freight Line closed at $181.97 on 9 October 2026, against a market data consensus target of $223.48. JPMorgan lowered its target from $250 to $232 with a Neutral rating on 5 October, and Susquehanna cut from $232 to $202 with a Neutral rating on 2 October.