Old Dominion Freight Line Inc. Surges to 330th in Trading Volume with $301 Million in Shares Exchanged

On June 10, 2025, Old Dominion Freight Line Inc. (ODFL) saw a significant increase in trading volume, with a total of $301 million in shares exchanged, marking a 54.72% rise from the previous day. This surge placed ODFL at the 330th position in terms of trading volume for the day. The stock price of ODFL also experienced a notable increase, rising by 3.50% over the past three days, with a cumulative gain of 5.14%.

Old Dominion Freight Line Inc. is a prominent player in the truck transportation services sector, specializing in less-than-truckload (LTL) freight. The company's stock has been the subject of various analyst ratings and price targets, reflecting a mix of optimism and caution among market experts.

Analysts have provided a range of price targets for ODFL, with the average target set at $170.00, indicating a potential upside of 6.03% from the current price. The highest price target stands at $200.00, while the lowest is $150.00. This range reflects the varying opinions on the company's future performance, with some analysts expressing confidence in its growth prospects while others remain more conservative.

Several analysts have recently reiterated their ratings for ODFL. For instance, Barclays and BMO Capital both maintain a Hold rating, with price targets of $170.00 and $170.00 respectively. Wells Fargo, on the other hand, has a Sell rating with a price target of $150.00, citing valuation concerns and challenging market conditions. Goldman Sachs, however, has upgraded its rating to Buy, with a price target of $200.00, highlighting positive strategic initiatives and strong financial performance.

The company's financial forecasts also provide insights into its expected performance. For the next quarter, analysts estimate earnings per share (EPS) to be $1.30, with a range of $1.26 to $1.37. Sales are projected to reach $1.43 billion, with a range of $1.41 billion to $1.47 billion. These forecasts suggest a mixed outlook, with the company expected to perform in line with its industry peers.