ArcBest

ARCB · NASDAQ

$129.99+$1.81 (+1.41%)TodayMarket closed · Oct 20, 7:44 PM ET

Prev close $128.18

ARCB analyst rating

BuyConsensus of 13 analysts over the last 12 months. 54% rate it a buy.

Strong buy0
Buy7
Hold6
Underperform0
Sell0

12-month price target · 16 analysts

Average $174.45 (+34.2% upside)

Low: $151.50
Now: $129.99
High: $210.00

Upgrades and downgrades

The latest rating actions, newest first

ARCB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Stifel	Oct 8, 2026	Maintains	Buy	$185.00 → $168.00	50%
Citigroup	Oct 7, 2026	Maintains	Buy	$173.00 → $170.00	66%
Truist Securities	Oct 7, 2026	Maintains	Buy	$165.00 → $160.00	67%
Citigroup	Aug 4, 2026	Maintains	Buy	$178.00 → $171.00	66%
UBS	Aug 3, 2026	Maintains	Neutral	$145.00 → $154.00	61%
TD Cowen	Jul 30, 2026	Maintains	Hold	$175.00 → $155.00	21%
Stifel	Jul 21, 2026	Maintains	Buy	$134.00 → $176.00	50%
Truist Securities	Jul 15, 2026	Maintains	Buy	$145.00 → $165.00	67%
Citizens	Jul 15, 2026	Initiates	Market Outperform	$180.00	32%
Citigroup	Jul 9, 2026	Maintains	Buy	$202.00 → $178.00	66%

The case for and against

Updated Oct 16, 2026

Bull case

ArcBest is positioned favorably because both operating segments are showing improving fundamentals: 1Q adj. EPS of $0.32 beat estimates, Asset-Based tonnage rose 6% with LTL contract renewals up 6.3%, and Asset-Light moved to a $2.8MM EBIT profit while April rev/day accelerated to +24% Y/Y. The Asset-Based unit is benefiting from tighter truckload capacity, stronger weight/shipment trends, and disciplined pricing that should support 400-500 bps sequential OR improvement in 2Q26, even after weather and inflationary cost pressure. At the same time, Asset-Light appears to be turning a corner structurally, with record productivity, lower SG&A per shipment, and improving profitability that could add meaningful earnings leverage as freight conditions normalize.

Bear case

ArcBest is challenged by weak demand and a decelerating pricing environment, which can pressure both revenue growth and margin recovery while prompting out-year consensus estimates to drift lower. The company is also exposed to macroeconomic cyclicality, with earnings at risk if North American GDP softens, and 2024 fuel, supplies and expenses already represented 11.5% of Asset-Based revenue, highlighting sensitivity to cost inflation. Additional downside stems from labor union obligations, a ~15k employee base, regulatory and cybersecurity risks, and the execution risk of reshaping its network toward more profitable freight while integrating past and future acquisitions.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.