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ArcBest (ARCB) Stock Forecast & Price Target

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$111.75 -1.12 (-0.99%)
(As of 12:25 PM ET)

ArcBest - 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

Sell
1
Hold
7
Buy
5

Based on 13 Wall Street analysts who have issued ratings for ArcBest in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 1 has given a sell rating, 7 have given a hold rating, and 5 have given a buy rating for ARCB.

Consensus Price Target

$124.50
11.41% Upside
According to the 13 analysts' twelve-month price targets for ArcBest, the average price target is $124.50. The highest price target for ARCB is $170.00, while the lowest price target for ARCB is $99.00. The average price target represents a forecasted upside of 11.41% from the current price of $111.75.

ARCB Analyst Ratings Over Time

TypeCurrent Forecast
11/15/23 to 11/14/24
1 Month Ago
10/16/23 to 10/15/24
3 Months Ago
8/17/23 to 8/16/24
1 Year Ago
11/15/22 to 11/15/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$124.50$127.92$143.25$125.10
Forecasted Upside11.41% Upside22.03% Upside31.43% Upside2.42% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

ARCB 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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ARCB 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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ArcBest Stock vs. The Competition

TypeArcBestTransportation CompaniesS&P 500
Consensus Rating Score
2.31
2.58
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside11.50% Upside31.83% Upside8.16% Upside
News Sentiment Rating
Neutral News

See Recent ARCB News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/12/2024Citigroup
3 of 5 stars
A. Rosa
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Boost TargetNeutral ➝ Neutral$110.00 ➝ $127.00+7.39%
11/4/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$111.00 ➝ $110.00+7.46%
11/4/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$130.00 ➝ $117.00+17.27%
11/4/2024Wells Fargo & Company
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C. Wetherbee
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Lower TargetEqual Weight ➝ Equal Weight$112.00 ➝ $105.00+4.98%
11/4/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$175.00 ➝ $170.00+69.97%
10/21/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$131.00 ➝ $119.00+17.10%
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10/14/2024TD Cowen
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J. Seidl
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DowngradeBuy ➝ Hold$131.00 ➝ $114.00+7.60%
10/10/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$140.00 ➝ $130.00+28.84%
10/9/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$133.00 ➝ $125.00+21.61%
10/9/2024Wolfe Research
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S. Group
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DowngradeOutperform ➝ Peer Perform
9/4/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$130.00 ➝ $130.00+26.12%
9/4/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$102.00 ➝ $99.00-5.98%
1/29/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$148.00+22.26%
7/31/2023Credit Suisse Group
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 DowngradeOutperform ➝ Neutral$104.00 ➝ $127.00+6.36%
6/30/202322nd Century Group
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 Reiterated RatingMaintains
2/6/2023Cowen
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 Boost Target$124.00 ➝ $127.00+46.48%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:45 PM ET.


ARCB Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for ArcBest is $124.50, with a high forecast of $170.00 and a low forecast of $99.00.

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There is currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ARCB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARCB, but not buy additional shares or sell existing shares.

According to analysts, ArcBest's stock has a predicted upside of 11.41% based on their 12-month stock forecasts.

Over the previous 90 days, ArcBest's stock had 3 downgrades by analysts.

Analysts like ArcBest less than other "transportation" companies. The consensus rating for ArcBest is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how ARCB compares to other companies.


This page (NASDAQ:ARCB) was last updated on 11/14/2024 by MarketBeat.com Staff
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