Susquehanna cuts target for Old Dominion stock from USD 232.00 to USD 202.00
Published on 10/02/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Old Dominion Freight Line stock (ISIN US6795801009) was trading at EUR 160.25 at Lang & Schwarz on October 2, 2026 at 4:08 p.m. CEST, up 1.16 percent from the prior close of EUR 158.41. On October 2, 2026, Susquehanna cut its price target from USD 232.00 to USD 202.00 while maintaining a neutral rating, as MarketBeat reported.
Target cut resets the valuation debate
The revised target puts the latest Nasdaq-listed share price context below Susquehanna's former valuation mark and narrows the analyst view around Old Dominion's earnings trajectory. MarketBeat also cited a broader consensus price target of USD 226.35, with 10 analysts rating the stock a Buy, 14 a Hold and two a Sell on October 2, 2026.
The contrast is important because the latest operating performance remains positive. MarketBeat said diluted earnings per share reached USD 1.68 in the second quarter of 2026, above the USD 1.54 consensus estimate, while revenue rose 10.4 percent year over year to USD 1.55 billion.
August volumes show the pressure point
Old Dominion's August operating update gives investors a more granular view of the freight cycle. In its September 3, 2026 release, Old Dominion Freight Line reported revenue per day up 12.4 percent from August 2025. LTL tons per day declined 0.9 percent, while shipments per day fell 2.4 percent and weight per shipment increased 1.7 percent.
The mix points to pricing and yield doing much of the work. For the quarter-to-date period, LTL revenue per hundredweight increased 11.3 percent year over year, or 4.8 percent excluding fuel surcharges, according to the same September 3, 2026 release from Old Dominion Freight Line.
Stock remains below its yearly high
At EUR 160.25, the Lang & Schwarz reference price sits well below the primary-market 52-week range of USD 126.01 to USD 252.03 reported for Nasdaq on October 2, 2026. The currencies and venues differ, so the range serves as separate U.S. market context rather than a calculation against the euro quote.
Old Dominion operates regional, inter-regional and national less-than-truckload freight services, with additional container drayage, truckload brokerage and supply-chain consulting. Its business profile makes the next evidence point especially important: revenue growth can remain firm while shipment volumes soften, leaving pricing power and freight demand as the central variables for the valuation.
Trading price and investor context
Old Dominion stock was trading at EUR 160.25 at Lang & Schwarz on October 2, 2026 at 4:08 p.m. CEST, plus 1.16 percent versus the Lang & Schwarz prior close of EUR 158.41 on October 1, 2026. The company had a market capitalization of USD 37.8 billion as of October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of Old Dominion stock.
Old Dominion stock facts
- Company: Old Dominion Freight Line, Inc.
- ISIN: US6795801009
- Ticker: ODFL
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 2, 2026 at 4:08 p.m. CEST: EUR 160.25
- Change versus prior close: plus 1.16 percent
- Prior close Lang & Schwarz October 1, 2026: EUR 158.41
- Market capitalization: USD 37.8 billion (as of October 2, 2026)
- 52-week range: USD 126.01-252.03 (as of October 2, 2026)
- Sector / Industry: Industrials / Trucking
