Raymond James cuts target for Saia stock to USD 410

Published on 10/20/2026 at 21:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saia reports third-quarter results on October 29, 2026. Saia stock costs EUR 297.15 on October 20, 2026 at 9:32 p.m. CEST.

Analyst target and reporting date

Raymond James lowered its Saia target from USD 457.00 to USD 410.00 on October 15, 2026.
Second-quarter 2026 revenue reached USD 956.49 million, up 17.10 percent year over year.
Saia stock costs EUR 297.15 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST.
Saia is scheduled to report third-quarter 2026 results on October 29, 2026.

SAIA, US78709Y1055, Illustration mit AI erstellt.

Raymond James analyst Patrick Tyler Brown lowered the firm's price target for Saia from USD 457.00 to USD 410.00 on October 15, 2026, while keeping an Outperform rating, Markets Insider reported. Saia stock was trading at EUR 297.15 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST.

Target cut meets strong quarterly figures

The target reduction came after a strong second-quarter operating update, but the next company milestone is the October 29, 2026 earnings release. Saia reported USD 956.49 million in revenue for the second quarter of 2026, up 17.10 percent from USD 817.12 million a year earlier. Net income reached USD 94.26 million, compared with USD 71.39 million in the second quarter of 2025, according to MarketWatch.

Stock position remains wide

Saia's Nasdaq quote was USD 333.76 on October 20, 2026 at 3:34 p.m. EDT. The price stood between the USD 249.32 52-week low and the USD 494.71 52-week high, leaving the stock 32.53 percent below its high. The company had a market capitalization of USD 8.9 billion, with a price-to-earnings ratio of 32.34.

What does the target imply?

Raymond James's USD 410.00 target was 22.84 percent above the Nasdaq price of USD 333.76 on October 20, 2026. The gap is notable because the target was cut by USD 47.00, or 10.28 percent, from USD 457.00. The analyst cited improving truckload fundamentals but also pointed to rising truck orders and monetary headwinds that could challenge the 2027 recovery, Markets Insider reported.

Valuation ahead of results

Saia's valuation remains higher than Old Dominion Freight Line's price-to-earnings ratio of 36.38 only in the sense that the two companies have different earnings bases, while ArcBest traded at a much higher ratio of 188.51 on October 20, 2026. Old Dominion had a USD 39.2 billion market capitalization, and ArcBest had USD 2.9 billion. These figures place Saia between a larger established peer and a smaller carrier by market value.

Dates and investor frame

Saia's investor-relations calendar lists its third-quarter 2026 earnings conference call for October 29, 2026 at 10:00 a.m. EDT, Saia states. The company operates a less-than-truckload network with more than 200 terminals in 46 states and employs more than 14,000 people.

Saia stock was trading at EUR 297.15 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Saia stock.