Old Dominion Freight Line Inc (ODFL) is seeing a positive boost in its stock price, reflecting investor confidence amid recent developments.
Old Dominion Freight Line Inc (NASDAQ:ODFL) is up today, with shares increasing by 1.62% to close at CA$180.99. This rise comes as the company manages ongoing cost pressures while making strategic pricing adjustments.
Investor takeaway: Investors are optimistic about Old Dominion's recent rate increase and its potential to improve cash flow, even with concerns about past price fluctuations.
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Old Dominion Freight Line Inc
ODFL.US
ODFL.US
Old Dominion Freight Line Inc
WealthAwesomeMarket cap
$37.04B
P/E
33.4x
Div. yield
0.66%
Div. / share
$1.14
52W high
$251.64
52W low
$125.23
1W change
+1.81%
Beta
1.17
Analyst Price Targets
Based on 25 analysts covering ODFL · as of Sep 30, 2026
Wall Street analysts forecast ODFL stock price to rise 29.7% over the next 12 months.
Consensus
Hold3.40 / 5.00
Avg. Target
C$230.91
+29.7% Upside
Previously C$228.78 on Sep 17, 2026
Current Price
C$178.10
Last close
Analyst Breakdown (25 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ODFL's historical volatility
30-Day Vol
29.0%
Annualized
90-Day Vol
29.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$148.97
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$167.81 | C$151.82 – C$185.48 |
| 60 trading days | C$158.11 | C$137.24 – C$182.16 |
| 90 trading days | C$148.97 | C$125.26 – C$177.18 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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1.62% Increase in Share Price
Old Dominion's stock has risen 1.62% today, showing a recovery from previous declines and investor optimism regarding its pricing strategy.
Bull case
The recent announcement of a 4.9% general rate increase is expected to boost revenue and help offset rising operational costs, which could improve the company's profitability in the future.
Bear case
Despite today's gains, Old Dominion has experienced a significant drop in share price over the past month, raising concerns about its ability to sustain momentum in a competitive market.
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Strategic Rate Increase
Old Dominion Freight Line recently announced a 4.9% general rate increase effective October 5, 2026. This strategic move aims to address rising costs related to real estate, equipment, and labor, potentially increasing revenue and supporting future cash flow.
Market Confidence Amidst Challenges
Even with a noticeable decline in share price over the past month, today's gain suggests renewed investor confidence. The company's strong profit margin of 19.44% and a P/E ratio of 33.41 indicate that investors are hopeful about Old Dominion's long-term growth prospects.
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