Old Dominion Freight Line jumps as investors lean into pricing resilience ahead of Q1 results

Old Dominion Freight Line (ODFL) is up 5.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to renewed optimism around Old Dominion’s pricing/yield performance and profitability durability, following its first-quarter operating update and a wave of upward revisions to Wall Street expectations into the late-April earnings report. With the stock sensitive to any sign that the freight cycle is stabilizing, even modestly constructive data points can drive outsized daily moves.

Details:

The company’s early first-quarter update showed LTL revenue per hundredweight (including and excluding fuel) rising year over year, signaling continued pricing discipline despite softer freight volumes.

That same update indicated tonnage and shipments were still down year over year, which can make investors focus more heavily on yield and cost control as the key swing factors for earnings.

Several major brokerages have recently adjusted ratings and/or price targets upward, which can bring incremental buyers back into the name after a weak industry backdrop.

The company is scheduled to report first-quarter 2026 results and hold its earnings call on April 29, which can also fuel positioning and short-covering ahead of the event.

Sources:

Old Dominion Freight Line (Investor Relations), Investing.com, Trucking Dive

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ODFL Insider Trading Activity

$ODFL insiders have traded $ODFL stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $ODFL stock by insiders over the last 6 months:

DAVID S CONGDON (Executive Chairman) has made 0 purchases and 2 sales selling 52,000 shares for an estimated $10,127,839.
GREG C GANTT sold 12,024 shares for an estimated $2,361,874
BRADLEY R GABOSCH sold 3,134 shares for an estimated $608,842
CHRISTOPHER JAMES KELLEY (SVP - Operations) sold 80 shares for an estimated $16,034

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$ODFL Hedge Fund Activity

We have seen 478 institutional investors add shares of $ODFL stock to their portfolio, and 404 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 5,109,768 shares (+288.4%) to their portfolio in Q4 2025, for an estimated $801,211,622
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,403,605 shares (-78.0%) from their portfolio in Q4 2025, for an estimated $533,685,264
BOSTON PARTNERS added 2,044,434 shares (+98.4%) to their portfolio in Q4 2025, for an estimated $320,567,251
PRICE T ROWE ASSOCIATES INC /MD/ added 1,761,511 shares (+14.1%) to their portfolio in Q4 2025, for an estimated $276,204,924
AMERIPRISE FINANCIAL INC removed 1,246,482 shares (-83.1%) from their portfolio in Q4 2025, for an estimated $195,448,377
LAZARD ASSET MANAGEMENT LLC removed 1,186,192 shares (-57.7%) from their portfolio in Q4 2025, for an estimated $185,994,905
FRANKLIN RESOURCES INC added 1,004,609 shares (+122.9%) to their portfolio in Q4 2025, for an estimated $157,522,691

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$ODFL Analyst Ratings

Wall Street analysts have issued reports on $ODFL in the last several months. We have seen 6 firms issue buy ratings on the stock, and 2 firms issue sell ratings.

Here are some recent analyst ratings:

Baird issued a "Underperform" rating on 02/05/2026
Stifel issued a "Buy" rating on 01/21/2026
Truist Securities issued a "Buy" rating on 01/15/2026
BMO Capital issued a "Outperform" rating on 12/01/2025
Stephens & Co. issued a "Overweight" rating on 10/30/2025
Raymond James issued a "Outperform" rating on 10/30/2025
Wells Fargo issued a "Underweight" rating on 10/30/2025

To track analyst ratings and price targets for $ODFL, check out Quiver Quantitative's $ODFL forecast page.

$ODFL Price Targets

Multiple analysts have issued price targets for $ODFL recently. We have seen 18 analysts offer price targets for $ODFL in the last 6 months, with a median target of $190.0.

Here are some recent targets:

J. Bruce Chan from Stifel set a target price of $228.0 on 04/16/2026
Christian Wetherbee from Wells Fargo set a target price of $200.0 on 04/07/2026
Jonathan Chappell from Evercore ISI Group set a target price of $201.0 on 03/27/2026
Brian Ossenbeck from JP Morgan set a target price of $182.0 on 03/10/2026
Bascome Majors from Susquehanna set a target price of $205.0 on 02/11/2026
Ariel Rosa from Citigroup set a target price of $216.0 on 02/09/2026
Thomas Wadewitz from UBS set a target price of $202.0 on 02/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.