Old Dominion Freight Line Inc (NASDAQ: ODFL) Financial Overview and Analyst Ratings

Font: Financial Modeling Prep  • Feb 05, 2026

• Deutsche Bank sets a price target of $205 for ODFL, indicating a potential 1.41% increase.
• Despite a 5.7% year-over-year decline in revenue, Old Dominion's earnings per share (EPS) of $1.09 surpassed Street estimates.
• Analyst ratings vary, with Baird downgrading the stock to Underperform and adjusting the price target to $204, while Jefferies maintains a Hold rating with a price target of $195.

Old Dominion Freight Line Inc (NASDAQ: ODFL) is a leading entity in the freight and logistics sector, renowned for its less-than-truckload (LTL) shipping services across North America. As of February 5, 2026, Deutsche Bank has set a price target of $205 for ODFL, slightly above its current trading price of $202.14, suggesting a potential 1.41% increase.

Despite a 5.7% year-over-year decline in revenue to $1.307 billion, Old Dominion exceeded expectations, beating the anticipated $1.298 billion. This decrease in revenue was primarily attributed to a 10.7% reduction in LTL tons per day. Nonetheless, the company's ability to surpass revenue forecasts has bolstered analyst optimism.

Earnings per share (EPS) for Old Dominion were reported at $1.09, marking an 11.4% decrease year-over-year. Despite this downturn, the EPS still exceeded the Street estimate of $1.06. This outcome underscores the company's resilience in sustaining profitability amidst challenging market conditions.

Following the earnings announcement, Old Dominion's shares saw a 6% decrease to $196.00 in pre-market trading. Analyst Daniel Moore from Baird downgraded the stock from Neutral to Underperform, adjusting the price target from $166 to $204. Conversely, Jefferies analyst Stephanie Moore maintained a Hold rating, revising the price target from $160 to $195.

Old Dominion's stock has exhibited volatility, with today's price fluctuating between $198 and $206.43. Over the past year, the stock has reached a high of $209.61 and a low of $126.01. The company boasts a market capitalization of approximately $42.27 billion, reflecting its significant stature in the freight industry.