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Werner Enterprises (WERN) Stock Forecast & Price Target

$36.01
-0.31 (-0.85%)
(As of 09/6/2024 ET)

Werner Enterprises - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for Werner Enterprises in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 12 analysts, 4 have given a sell rating, 5 have given a hold rating, and 3 have given a buy rating for WERN.

Consensus Price Target

$37.75
4.83% Upside
High Forecast$56.00
Average Forecast$37.75
Low Forecast$26.00

According to the 12 analysts' twelve-month price targets for Werner Enterprises, the average price target is $37.75. The highest price target for WERN is $56.00, while the lowest price target for WERN is $26.00. The average price target represents a forecasted upside of 4.83% from the current price of $36.01.

TypeCurrent Forecast
9/8/23 to 9/7/24
1 Month Ago
8/9/23 to 8/8/24
3 Months Ago
6/10/23 to 6/9/24
1 Year Ago
9/8/22 to 9/8/23
Consensus Rating
Reduce
Reduce
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
8 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
Sell
4 Sell rating(s)
4 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$37.75$38.62$40.08$49.18
Forecasted Upside4.83% Upside3.09% Upside8.09% Upside6.55% Upside
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WERN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WERN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Werner Enterprises Stock vs. The Competition

TypeWerner EnterprisesTransportation CompaniesS&P 500
Consensus Rating Score
1.92
2.58
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside4.83% Upside38.61% Upside11.36% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/5/2024Stephens
4 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $36.00-2.70%
8/1/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetHold ➝ Hold$39.00 ➝ $33.00-12.91%
7/31/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$32.00 ➝ $37.00-7.50%
7/31/2024Susquehanna
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B. Majors
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Lower TargetNegative ➝ Negative$27.00 ➝ $26.00-35.71%
7/31/2024TD Cowen
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 Boost TargetBuy ➝ Buy$38.00 ➝ $43.00+6.33%
7/9/2024UBS Group
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T. Wadewitz
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DowngradeBuy ➝ Neutral$39.00+11.88%
7/8/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$57.00 ➝ $56.00+61.85%
6/25/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$35.00 ➝ $33.00-5.06%
6/7/2024Wells Fargo & Company
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 Initiated CoverageUnderweight$38.00+3.01%
5/2/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $36.00+0.50%
5/1/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$46.00 ➝ $42.00+22.81%
4/15/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$35.00 ➝ $34.00-5.76%
8/16/2023Credit Suisse Group
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 Boost TargetNeutral ➝ Neutral$48.00 ➝ $49.00+11.44%
2/9/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy$57.00 ➝ $56.00+17.77%
2/8/2023The Goldman Sachs Group
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 Boost TargetSell$36.00 ➝ $40.00-16.86%
2/8/2023Cowen
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 Boost TargetOutperform$43.00 ➝ $53.00+7.88%
1/11/2023Citigroup
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 Boost TargetNeutral$42.00 ➝ $48.00+11.86%
11/15/2022Cowen
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 Boost Target$43.00+0.05%
10/14/2022Vertical Research
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:26 PM ET.

WERN Forecast - Frequently Asked Questions

What is Werner Enterprises' forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Werner Enterprises is $37.75, with a high forecast of $56.00 and a low forecast of $26.00.

Should I buy or sell Werner Enterprises stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Werner Enterprises in the last year. There are currently 4 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" WERN shares.

Does Werner Enterprises's stock price have much upside?

According to analysts, Werner Enterprises's stock has a predicted upside of 2.26% based on their 12-month stock forecasts.

Has Werner Enterprises been downgraded by Wall Street analysts recently?

Over the previous 90 days, Werner Enterprises's stock had 1 downgrade by analysts.

What analysts cover Werner Enterprises?

Werner Enterprises has been rated by research analysts at Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Stephens, Stifel Nicolaus, Susquehanna, TD Cowen, and UBS Group in the past 90 days.

Do Wall Street analysts like Werner Enterprises more than its competitors?

Analysts like Werner Enterprises less than other "transportation" companies. The consensus rating for Werner Enterprises is Reduce while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how WERN compares to other companies.


This page (NASDAQ:WERN) was last updated on 9/7/2024 by MarketBeat.com Staff

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