Old Dominion Freight Line Inc. ($ODFL) Stock Forecast: Up 5.2% Today

What is Old Dominion Freight Line Inc.?

Old Dominion Freight Line Inc (ODFL) is a transportation and logistics company that provides less-than-truckload shipping services. The company has been experiencing a bullish market movement today.

Why is Old Dominion Freight Line Inc. going up?

ODFL stock is up 5.2% on Jan 21, 2026 18:45

• ODFL stock price saw a strong bullish movement despite a recent drop in mid-day trading.
• Fisher Funds Management LTD acquiring a significant new stake in ODFL demonstrates confidence in the company's future performance.
• The positive market sentiment towards ODFL might be linked to institutional investors collectively holding a significant portion of the stock, reflecting trust in the company's growth potential.
• Despite concerns affecting companies like Euronet Worldwide and Fiserv, ODFL appears to have navigated through structural pressures in the payment service provider industry and competitive challenges in other sectors, attracting investor interest.

ODFL Price Chart

ODFL Technical Analysis

ODFL News

Old Dominion Freight Line Inc (ODFL) Stock Price Down 3.33% on J

Shares of Old Dominion Freight Line Inc (ODFL) dropped 3.33% in mid-day trading on January 20th, reaching an intraday low of $169.06. This places ODFL 18.99% below its 52-week high and 34.76% above its 52-week low. Wall Street analysts have an average target price of $165.59, implying a slight downside, while GuruFocus estimates a fair value of $179.69, suggesting an upside.

https://www.gurufocus.com/news/6771012/old-dominion-freight-line-inc-odfl-stock-price-down-333-on-jan-20?mobile=true

Fisher Funds Management LTD Purchases Shares of 468,469 Old Dominion Freight Line, Inc. $ODFL

Fisher Funds Management LTD acquired a significant new stake of 468,469 shares in Old Dominion Freight Line (NASDAQ:ODFL) during the third quarter, valued at approximately $65.95 million. This investment positions ODFL as Fisher Funds' 17th-largest holding, representing 1.7% of its portfolio and 0.22% of ODFL's total shares. Other institutional investors also adjusted their positions, with institutional and hedge funds collectively owning 77.82% of the stock.

https://www.marketbeat.com/instant-alerts/filing-fisher-funds-management-ltd-purchases-shares-of-468469-old-dominion-freight-line-inc-odfl-2026-01-20/

Here’s What Wall Street Thinks About Euronet Worldwide, Inc. (EEFT)

Wolfe Research and Monness recently downgraded Euronet Worldwide, Inc. (EEFT) due to concerns about structural pressures in the payment service provider industry and increasing competition. Wolfe Research specifically cited challenges in the European ATM business due to rising cash-to-card conversion and immigration headwinds affecting the retail remittance business, setting a price target of $80. Monness also raised concerns about competitive pressures impacting the company's long-term growth rates.

https://www.insidermonkey.com/blog/heres-what-wall-street-thinks-about-euronet-worldwide-inc-eeft-1677293/?amp=1

TD Cowen Remains a Hold on Fiserv (FISV)

TD Cowen has reiterated a Hold rating on Fiserv (FISV) and adjusted its price target from $80 to $77, citing strong fundamentals in the payments group but a cautious sentiment. Wolfe Research also maintained a Hold rating. Despite analysts not anticipating Q4 earnings to be a significant catalyst, Fiserv announced a collaboration with Microsoft to integrate AI more extensively into its operations, aiming to boost efficiency and enhance client solutions.

https://www.insidermonkey.com/blog/td-cowen-remains-a-hold-on-fiserv-fisv-1677309/

KeyBanc Downgrades EOG Resources (EOG) to Sector Weight, RBC Capital Lowers PT

KeyBanc downgraded EOG Resources (EOG) from Overweight to Sector Weight due to concerns over degradation in its Eagle Ford and Delaware Basin assets and a significant drop in Eagle Ford activity. Simultaneously, RBC Capital reduced its price target for EOG Resources from $145 to $138, maintaining an Outperform rating, because of an updated commodity price outlook, particularly for WTI crude oil. Despite concerns, KeyBanc holds a positive view on EOG's Utica asset and its efforts to develop Utica and Dorado assets and international exploration.

https://www.insidermonkey.com/blog/keybanc-downgrades-eog-resources-eog-to-sector-weight-rbc-capital-lowers-pt-1677262/

Trending Today

Internet Computer ($ICP) Crypto Forecast: Down 5.0% Today

Quidelortho Corpoation ($QDEL) Stock Forecast: Down 7.7% Today

Mobileye Global ($MBLY) Stock Forecast: Down 7.0% Today

Plug Power Inc. ($PLUG) Stock Forecast: Down 5.4% Today

Moderna Inc. ($MRNA) Stock Forecast: Down 10.7% Today

Intel Corporation ($INTC) Stock Forecast: Down 17.6% Today

Live Nation Entertainment Inc. ($LYV) Stock Forecast: Up 4.9% Today

Sonos Inc. ($SONO) Stock Forecast: Down 5.2% Today

Capital One Financial Corporation ($COF) Stock Forecast: Down 8.0% Today

Leggett & Platt Incorporated ($LEG) Stock Forecast: Down 5.2% Today

Old Dominion Freight Line Inc. Price History

30.09.2025 - ODFL Stock was down 1.7%

• Despite surpassing Q3 earnings and revenue expectations, ODFL saw a decline in its stock performance.
• The market react negatively possibly because of a year-over-year decrease in revenue and worries regarding softness in the freight market, inflationary pressures, and uncertainties related to tariffs.
• Investors may have paid more attention to the revenue shortfall and the challenging market environment, resulting in the decline in ODFL stock.
• The positive initial response to the earnings beat may have been overshadowed by broader market concerns and uncertainties about the future.

08.09.2025 - ODFL Stock was up 2.7%

• Decrease in short interest: The significant decrease in short interest indicates that investors are feeling more positive about ODFL's future prospects.
• Bullish sentiment: The bullish movement in the stock price could be attributed to growing confidence in the company's performance and potential for growth.
• Market optimism: Investors may be reacting positively to ODFL's strong position in the transportation industry and the overall economic recovery, leading to increased buying activity and driving the stock price higher.

02.00.2026 - ODFL Stock was up 1.8%

• Old Dominion Freight Line Inc. (ODFL) stock experienced a strong bullish movement today, defying the recent downward trend.
• The underperformance of ODFL shares in the past few days was reversed, possibly due to investors recognizing the company's resilience and competitive edge in the industry.
• The acquisition of an industrial property by a competitor to expand its operations in competition with ODFL may have sparked renewed investor interest in ODFL, highlighting its position as a key player in the market.
• Despite challenges faced by competitors, ODFL's positive market movement could be attributed to investors reassessing the value and growth potential of the company, leading to increased buying activity.

29.09.2025 - ODFL Stock was down 1.2%

• The bearish movement in ODFL's stock today could be attributed to the expected impact of freight market softness, inflationary pressure, and tariff-related uncertainties on the company's third-quarter earnings.
• The anticipation of a challenging quarter ahead due to these factors might have led investors to sell off ODFL shares, causing the bearish movement.
• Investors are likely cautious about the potential negative effects of these external factors on ODFL's financial performance, prompting a pessimistic outlook and driving the stock price down.

03.11.2025 - ODFL Stock was up 6.1%

• Despite the weak LTL unit performance, Old Dominion Freight Line's stock witnessed significant bullish movement.
• The uptick in ODFL's stock price may be driven by positive sentiment from institutional investors such as Schroder Investment Management Group and Watchtower Advisors LP, both of whom have been incrementally increasing their holdings in the company.
• Market optimism surrounding ODFL's future outlook is bolstered by the company's dedication to yield management strategies and its ability to sustain profitability despite decreased revenues.
• Analyst ratings on ODFL are divided, reflecting varying sentiments among investors monitoring the company's progress amidst challenging market conditions. However, the recent surge in stock price signals growing confidence in its resilience and potential for expansion.

03.11.2025 - ODFL Stock was up 5.4%

• Institutional investors like Watchtower Advisors LP and Schroder Investment Management Group have increased their stakes in ODFL, reflecting confidence in its long-term prospects.
• The company's profitability and outperformance in earnings may have boosted investor optimism, leading to a positive trend in the stock market.
• Mixed analyst ratings, with some upgrades and an overall "Hold" consensus, combined with the company's resilience in a challenging market, may have contributed to the stock's positive performance.
• ODFL is perceived as a profitable entity in a challenging economic landscape, further supported by strategic investments from institutional investors, driving the stock's upward momentum.

10.11.2025 - ODFL Stock was up 5.4%

• An investment firm significantly increased its stake in ODFL, indicating confidence in the company's future prospects.
• A major shareholder selling 200,000 shares could have initially caused some uncertainty, but the overall market sentiment remained positive.
• Another investment firm's increased stake further reinforced the bullish movement in ODFL.
• Despite internal changes and financial challenges, the overall market movement suggests that investors are focusing more on the positive aspects of the company, such as the dividend yield and analyst ratings.

21.00.2026 - ODFL Stock was up 5.2%

• ODFL stock price saw a strong bullish movement despite a recent drop in mid-day trading.
• Fisher Funds Management LTD acquiring a significant new stake in ODFL demonstrates confidence in the company's future performance.
• The positive market sentiment towards ODFL might be linked to institutional investors collectively holding a significant portion of the stock, reflecting trust in the company's growth potential.
• Despite concerns affecting companies like Euronet Worldwide and Fiserv, ODFL appears to have navigated through structural pressures in the payment service provider industry and competitive challenges in other sectors, attracting investor interest.

11.11.2025 - ODFL Stock was up 5.9%

• Institutional investors like OCONNOR and Investment Management Corp of Ontario demonstrated a strong vote of confidence in ODFL by significantly increasing their holdings in the company.
• Conversely, Menora Mivtachim Holdings LTD. and California Public Employees Retirement System reduced their positions in ODFL, possibly due to concerns over a decline in company revenue.
• Analysts have varied opinions on ODFL, with a consensus rating of "Hold" and a price target of $157.48, reflecting uncertainty surrounding the company's future despite surpassing EPS projections.
• The market's positive movement may be a result of heightened institutional purchasing, certain investors opting to take profits, and the general cautious stance held by analysts regarding ODFL's revenue prospects.

30.06.2025 - ODFL Stock was down 8.8%

• ODFL stock faced downward pressure today after falling short of expectations in its Q2 earnings and revenues. This decline was likely connected to a drop in LTL shipments, reflecting the ongoing economic slowdown.
• The company's stock was also affected by concerns over weak Q2 earnings amid challenges in the freight market, rising inflation, and uncertainty surrounding tariffs.
• These various factors caused a negative response from investors, resulting in a decrease in ODFL stock value. The overall market sentiment was further impacted by the broader economic difficulties encountered by the company in the current business landscape.

30.06.2025 - ODFL Stock was down 8.1%

• ODFL experienced a bearish movement possibly linked to concerns surrounding its Q2 performance.
• The expectation of softness in the freight market, inflationary pressures, and tariff-related uncertainties might have impacted ODFL negatively.
• Investors could be wary of the company's financial outlook amidst these challenges, leading to a sell-off of ODFL shares.
• The market will closely monitor the upcoming earnings release to gauge how ODFL deals with these obstacles and whether they can offer a positive outlook to reverse the recent bearish trend.

11.11.2025 - ODFL Stock was up 5.4%

• ODFL experienced a strong bullish movement today.
• The bullish trend can be attributed to increased institutional investments in the company, with notable purchases from OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC and Investment Management Corp of Ontario.
• Despite a lowered price target by a financial institution, the overall market sentiment remains positive towards ODFL, as evidenced by the increased stake from institutional investors.
• The market movement suggests that investors are optimistic about ODFL's growth prospects and resilience in the face of short-term challenges, positioning the company for continued success in the transportation industry.