Old Dominion Freight Line Inc. ($ODFL) Stock Forecast: Up 6.1% Today

What is Old Dominion Freight Line Inc.?

Old Dominion Freight Line (ODFL) is a transportation and logistics company specializing in less-than-truckload (LTL) services. The company has been facing challenges in its LTL unit performance, with a decline in revenue and tons per day in November.

Why is Old Dominion Freight Line Inc. going up?

ODFL stock is up 6.1% on Dec 3, 2025 20:36

• 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.

ODFL Price Chart

ODFL Technical Analysis

ODFL News

Old Dominion Unveils Weak LTL Unit Performance for November

Old Dominion Freight Line (ODFL) reported a 4.4% year-over-year decline in LTL revenue per day for November, primarily due to a 10% decrease in LTL tons per day. Despite this, the company saw an increase in LTL revenue per hundredweight and affirmed its commitment to its yield management initiatives. ODFL currently holds a Zacks Rank #4 (Sell), with its shares having fallen 12.4% over the past six months.

https://www.tradingview.com/news/zacks:2d5cac325094b:0-old-dominion-unveils-weak-ltl-unit-performance-for-november/

Old Dominion Freight Line reports 4.4% revenue decline in November By Investing.com

Old Dominion Freight Line (NASDAQ: ODFL) reported a 4.4% decrease in revenue per day for November 2025, primarily due to a 10.0% decline in LTL tons per day, despite some gains in LTL revenue per hundredweight. This comes amid ongoing softness in the domestic economy, though the company remains profitable and surpassed Q3 2025 earnings expectations. Analyst ratings for ODFL are varied, reflecting a challenging but resilient market position.

https://au.investing.com/news/company-news/old-dominion-freight-line-reports-44-revenue-decline-in-november-93CH-4152166

23,175 Shares in Old Dominion Freight Line, Inc. $ODFL Purchased by Watchtower Advisors LP

Watchtower Advisors LP recently acquired 23,175 shares of Old Dominion Freight Line (NASDAQ: ODFL) valued at approximately $3.76 million, making it their 15th largest holding. Other institutional investors have also adjusted their positions, and 77.82% of the company's stock is institutionally owned. Analyst ratings are mixed, with a "Hold" consensus and an average price target of $157.83, while the company also announced a quarterly dividend.

https://www.marketbeat.com/instant-alerts/filing-23175-shares-in-old-dominion-freight-line-inc-odfl-purchased-by-watchtower-advisors-lp-2025-12-02/

Schroder Investment Management Group Acquires 22,723 Shares of Old Dominion Freight Line, Inc. $ODFL

Schroder Investment Management Group increased its stake in Old Dominion Freight Line by 11.3%, acquiring an additional 22,723 shares, bringing their total ownership to 223,235 shares valued at approximately $36.23 million. This comes as Old Dominion Freight Line reported quarterly earnings that beat estimates, despite a revenue decline. Analyst sentiment regarding the stock is mixed, with an average price target of $157.83 and a consensus "Hold" rating.

https://www.marketbeat.com/instant-alerts/filing-schroder-investment-management-group-acquires-22723-shares-of-old-dominion-freight-line-inc-odfl-2025-12-02/

Old Dominion Freight Line reports 4.4% revenue decline in November By Investing.com

Old Dominion Freight Line (NASDAQ: ODFL) reported a 4.4% decrease in revenue per day for November 2025, primarily due to a 10.0% decline in LTL tons per day, reflecting ongoing softness in the domestic economy. Despite this, the company remains profitable and recently surpassed third-quarter earnings expectations. Analyst ratings are mixed, with some upgrading and others initiating with a "Sell."

https://ng.investing.com/news/company-news/old-dominion-freight-line-reports-44-revenue-decline-in-november-93CH-2235575

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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.

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.

24.03.2025 - ODFL Stock was down 7.5%

• Despite surpassing EPS projections, ODFL witnessed an 11.2% year-over-year reduction in revenue during the first quarter of 2025, contributing to the downward trend.
• The company's CEO linked the revenue decline to the prevailing economic challenges, citing persistent weaknesses in the economy.
• While there was a rise in LTL revenue per hundredweight, it failed to counterbalance the effects of reduced shipping volumes, highlighting the broader economic hurdles faced by Old Dominion Freight Line.
• Concerns among investors regarding the company's capacity to navigate the economic challenges and their potential impact on future earnings likely fueled the recent bearish market movement for ODFL.

17.03.2025 - ODFL Stock was up 5.1%

• ODFL's strong bullish movement today could be attributed to positive sentiment surrounding the upcoming Q1 earnings report, despite challenges such as high inflationary pressure and tariff-related uncertainties.
• The spike in ODFL stock could also be influenced by heightened investor interest in the options market, indicating bullish expectations and potential future growth opportunities.
• Overall, the market seems optimistic about ODFL's performance, potentially driven by anticipation of resilient financial results and strategic positioning within the transportation industry.

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.

11.03.2025 - ODFL Stock was down 6.2%

• The bearish movement in ODFL stock today could be attributed to the options market predicting a potential spike in the stock. This could have led to profit-taking by investors who were previously bullish on the stock.
• The options market movements may have indicated uncertainty or caution among investors, leading to a sell-off in ODFL shares.
• It's possible that some investors are reevaluating their positions in ODFL based on the options market activity, causing a short-term bearish trend in the stock price.

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.

22.04.2025 - ODFL Stock was down 45.6%

• ODFL stock experienced a bearish movement due to concerns over economic uncertainty impacting the transportation sector.
• Weak demand for shipping services and reduced operational efficiency likely contributed to the negative investor sentiment.
• The recommendation to avoid investing in ODFL reflects the current challenges facing the company in the market environment.
• Investors may be cautious about the company's growth prospects until there is more clarity on the economic outlook and demand for shipping services improves.

11.02.2025 - ODFL Stock was down 5.4%

• Old Dominion (ODFL) experienced a strong bearish movement recently.
• The stock declined by 9.3% since the last earnings report, indicating investor concerns about the company's performance.
• Weak LTL unit performance in February, with a 5% year-over-year revenue decrease and a 7.1% drop in LTL tons per day, likely contributed to the bearish market movement.
• Investors may be cautious about ODFL's ability to rebound in the near future given the recent performance metrics and earnings estimates.