JPMorgan cuts target for Saia stock from USD 490.00 to USD 463.00

Published on 10/06/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein keeps a USD 439.00 target for Saia on October 5, 2026. Saia stock costs EUR 311.30 after EUR 308.40, plus 0.94 percent.

SAIA, US78709Y1055, Illustration mit AI erstellt.

Saia (ISIN US78709Y1055) was trading at EUR 311.30 at Lang & Schwarz on October 6, 2026 at 10:15 a.m. CEST, up 0.94 percent from the prior close of EUR 308.40. JPMorgan cut its target for the freight carrier from USD 490.00 to USD 463.00 while keeping an Overweight rating in a note dated October 5, 2026, according to MarketBeat.

JPMorgan trims the target

The new JPMorgan target is USD 27.00 below the prior USD 490.00 objective, a 5.51 percent reduction. The Overweight rating stayed unchanged, making the target revision a more cautious valuation signal rather than a change in the firms stated stock stance.

Bernstein analyst David Vernon maintained a Buy rating and set a USD 439.00 target on October 5, 2026, as reported by Markets Insider. The two targets sit USD 24.00 apart, showing a wide range in current analyst valuation despite both ratings remaining positive.

Revenue growth meets heavier loads

Saia generated USD 956.49 million in revenue in the second quarter of 2026, up 17.10 percent from USD 817.12 million in the second quarter of 2025, according to Markets Insider. Net profit rose to USD 94.26 million from USD 71.39 million over the same periods, while quarterly earnings per share reached USD 3.51 against a USD 3.38 consensus estimate.

The operating picture also points to denser freight. Saia reported that August 2026 less-than-truckload tonnage per workday increased 8.70 percent year over year, while shipments per workday rose 1.10 percent, according to ScanX News. Weight per shipment increased 7.50 percent, so tonnage growth outpaced shipment growth by 7.60 percentage points.

October 29 results are next

Saia plans to release third-quarter 2026 results before the market opens on October 29, 2026, followed by a conference call at 10:00 a.m. Eastern Time, according to StockTitan. That report will test whether heavier freight loads can support revenue growth while analyst targets remain divided between USD 439.00 and USD 463.00.

Saia stock trades in the morning

Saia stock was trading at EUR 311.30 at Lang & Schwarz on October 6, 2026 at 10:15 a.m. CEST, plus 0.94 percent versus the prior close of EUR 308.40 at Lang & Schwarz.