Old Dominion stock closed October 16 at USD 187.72 below Evercore's USD 243 target

Published on 10/17/2026 at 19:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.40 percent in second-quarter 2026. Old Dominion stock costs USD 187.72 on October 16, 2026, down 0.61 percent on Nasdaq.

Analyst view and reporting date

Evercore ISI lifted its Old Dominion target from USD 237.00 to USD 243.00 on October 8, 2026.
Second-quarter revenue rose 10.40 percent to USD 1.55 billion.
Old Dominion stock closed at USD 187.72 on Nasdaq on October 16, 2026, down 0.61 percent on the day.
Old Dominion plans to release third-quarter results on October 28, 2026.

Isometrische 3D-Illustration eines Hub-and-Spoke-Netzwerks mit zentralem Verteilzentrum und Trucks — Old Dominion Freight Line US6795801009 zeigt isometrisches 3D-Modell eines Hub-and-Spoke-Logistiknetzwerks mit zentralem Verteilzentrum, Illustration mit AI erstellt.

Evercore ISI lifted its Old Dominion target from USD 237.00 to USD 243.00 on October 8, 2026, putting the target 22.75 percent above the October 16 closing price. Yahoo Finance carried the adjustment. Old Dominion stock closed at USD 187.72 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 0.61 percent from the prior close.

Second-quarter revenue grew

Old Dominion generated USD 1.55 billion in second-quarter 2026 revenue, an increase of 10.40 percent from the year-earlier quarter. Net income reached USD 350.60 million, up 31.00 percent, while diluted earnings per share came to USD 1.68. MarketBeat reported that the result exceeded the USD 1.54 consensus estimate.

Price range and trading activity

The October 16 close stood 24.72 percent above the 52-week low of USD 126.01 and 25.52 percent below the 52-week high of USD 252.03. Trading volume was 1,681,172 shares against an average volume of 1,754,640 shares. The closing price therefore sat 4.19 percent below the 50-day average of USD 189.17 and 9.63 percent below the 200-day average of USD 207.73.

Valuation and October 28 results

Old Dominion carried a market capitalization of USD 39.0 billion and a trailing P/E ratio of 36.17 as of October 16, 2026. The quarterly dividend was USD 0.29 per share, paid on September 16, 2026, for an annualized yield of 0.60 percent, according to MarketBeat. On September 30, 2026, Old Dominion announced that it planned to release third-quarter results before the market opened on October 28, 2026, followed by a conference call at 10:00 a.m. ET, according to Old Dominion Freight Line.

Comparison with peers

Old Dominion (Nasdaq, USD): minus 0.61 percent, P/E 36.17, market capitalization USD 39.0 billion.
FedEx (NYSE, USD): minus 0.67 percent, P/E 16.01, market capitalization USD 69.5 billion.
United Parcel Service (NYSE, USD): minus 0.34 percent, P/E 18.12, market capitalization USD 73.1 billion.

What the valuation leaves investors

Old Dominion's valuation remains higher than the two large parcel peers on the same market-data snapshot, while its operating figures show a stronger second-quarter earnings increase. The upcoming October 28 release is the next scheduled test for whether revenue growth and the 36.17 P/E can remain aligned.

Stock price and upcoming date

The stock's October 16 close leaves it below Evercore ISI's USD 243.00 target and below its 52-week high, while the next results date is October 28, 2026. Old Dominion stock closed at USD 187.72 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 0.61 percent from the prior close.