Werner Enterprises

WERN · NASDAQ

$29.80−$0.42 (−1.39%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $30.22

WERN analyst rating

HoldConsensus of 14 analysts over the last 12 months. 21% rate it a buy.

Strong buy0
Buy3
Hold9
Underperform2
Sell0

12-month price target · 17 analysts

Average $44.37 (+48.9% upside)

Low: $38.38
Now: $29.80
High: $57.75

Upgrades and downgrades

The latest rating actions, newest first

WERN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 20, 2026	Maintains	Equal-Weight	$37.00 → $35.00	57%
Barclays	Oct 20, 2026	Maintains	Equal-Weight	$40.00 → $38.00	50%
B of A Securities	Oct 20, 2026	Maintains	Underperform	$40.00 → $32.00	55%
Baird	Oct 20, 2026	Downgrade	Outperform → Neutral	$43.00 → $32.00	56%
Stifel	Oct 8, 2026	Maintains	Hold	$40.00 → $42.00	50%
Citigroup	Oct 7, 2026	Maintains	Neutral	$43.00 → $37.00	66%
Wells Fargo	Oct 6, 2026	Maintains	Equal-Weight	$46.00 → $37.00	57%
JP Morgan	Oct 5, 2026	Maintains	Underweight	$39.00 → $33.00	56%
Susquehanna	Jul 30, 2026	Upgrade	Neutral → Positive	$48.00 → $44.00	52%
Baird	Jul 30, 2026	Upgrade	Neutral → Outperform	$43.00	56%

The case for and against

Updated Jan 23, 2025

Bull case

Werner Enterprises has demonstrated a positive turnaround with a year-on-year increase in revenue per total mile for the first time in over 18 months, indicating a recovery in the One-way segment despite ongoing pressures. The Logistics segment has shown strong growth, with adjusted fuel metrics improving by 200 basis points sequentially and consolidated Logistics volumes increasing by 2% as the company secures new business while maintaining existing relationships. Additionally, Werner's cost savings initiative is exceeding expectations, projected to yield over $45 million in sustainable operational efficiencies, which further supports a favorable outlook as the company enhances its competitive advantage in the truckload transportation sector.

Bear case

Werner Enterprises is experiencing a decline in key financial metrics, with brokerage revenue exhibiting sequential deterioration and an anticipated one-way Revenue Per Truck Mile (RPTM) guidance indicating a potential 3% decrease year-over-year. The company's segment revenue has suffered, falling 9% year-over-year, primarily due to lower pricing, reduced fuel surcharges, and a significant decrease in truck count, which has outweighed any benefit gained from increased truck utilization. Overall gross revenue has also declined by 9% year-over-year, underperforming expectations, suggesting ongoing challenges within the transportation and logistics sector that are likely to impact earnings power through 2024.

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.