Saia Inc. ($SAIA) Stock Forecast: Down 5.1% Today

What is Saia Inc.?

SAIA is a transportation company offering regional and interregional less-than-truckload services. The overall market sentiment for SAIA is bearish today.

Why is Saia Inc. going down?

SAIA stock is down 5.1% on Apr 29, 2025 13:45

• Analyst downgrades on SAIA may have eroded investor confidence, impacting the market sentiment negatively.
• The altered perspective by prominent Wall Street analysts might have sparked a selling spree among investors, leading to a decline in the stock price.
• Investor responses to the downgrades may have outweighed any positive developments or financial results by SAIA, contributing to today's bearish market movement.

SAIA Price Chart

SAIA Technical Analysis

SAIA News

This Saia Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Tuesday - Icon ( NASDAQ:ICLR ) , Insulet ( NASDAQ:PODD )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

https://www.benzinga.com/25/04/45064605/this-saia-analyst-is-no-longer-bullish-here-are-top-4-downgrades-for-tuesday

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Saia Inc. Price History

21.10.2024 - SAIA Stock was up 5.9%

• The company was recognized as a "Top Company for Women to Work in Transportation" in 2024, reflecting its dedication to diversity and inclusion, potentially enhancing investor confidence in its values and operations.
• The establishment of a new terminal in Warren, Michigan, signals Saia's expansion efforts and enhanced service capabilities in the region, likely contributing to positive investor perception.
• Saia commemorating 100 years of operation underscores its enduring presence and reliability in the industry, potentially appealing to investors seeking established companies with a history of success.

21.10.2024 - SAIA Stock was up 6.2%

• Saia Inc. opened a new terminal in Warren, Michigan, which will enhance service efficiency and reduce transit times for shippers. This expansion indicates growth and improved operational capabilities, which likely boosted investor confidence.
• Celebrating 100 years in the industry, Saia LTL Freight's long-standing commitment to employees and customers showcases stability and reliability, potentially attracting more investors seeking established companies with a strong track record.
• The company's strategic expansion and milestone anniversary reflect a positive outlook for Saia Inc., contributing to the bullish movement in the stock price today.

03.08.2024 - SAIA Stock was up 5.1%

• The options market is predicting a spike in Saia (SAIA) stock, indicating increasing investor interest and potential positive sentiment towards the company.
• This spike in stock price could be attributed to positive earnings reports, new business contracts, or overall growth in the transportation sector.
• Investors are closely monitoring Saia (SAIA) stock movements, suggesting that there may be significant developments or announcements on the horizon that could further drive up the stock price.

19.08.2024 - SAIA Stock was up 5.5%

• Saia has shown a strong bullish movement.
• The opening of strategic terminals in the Western U.S. (Bismarck, Fargo, and Sidney) aims to expand Saia's presence and improve service in the region.
• The expansion into these new locations is fostering investor optimism regarding Saia's potential growth and enhanced service offerings.
• This favorable development likely influenced the upward movement in Saia's stock price today.

25.09.2024 - SAIA Stock was up 6.2%

• The bullish movement in Saia's stock today is linked to the announcement of the company's expansion with the unveiling of three new terminals, one of which is situated in Akron, Ohio.
• The expansion of Saia's terminals in Ohio and Kentucky is projected to enhance service quality and efficiency, ultimately improving regional freight capabilities and accelerating transit times.
• Investors have shown a favorable response to the expansion plans, as it indicates growth prospects for Saia. This move could potentially bolster the company's market share and revenue within the competitive transportation sector.

13.02.2025 - SAIA Stock was down 5.0%

• The decline in SAIA's stock price could be linked to investor perceptions regarding the partnership with the Atlanta Braves, which some may view as an unnecessary expense impacting the company's financial performance.
• Despite the sponsorship agreement with the Braves, investors may be wary of the associated expenses and the potential return on investment from such a collaboration.
• Market reactions, reflected in the selling of SAIA's shares, could stem from uncertainties surrounding the financial impact of the sports team partnership.

09.09.2024 - SAIA Stock was up 5.4%

• The recent announcement of Saia's third-quarter 2024 financial results date amplified positive sentiment and excitement among investors.
• Expectations for a strong performance or positive future prospects in the upcoming earnings report likely played a role in boosting investor interest and driving the bullish movement.
• Optimism surrounding Saia's growth opportunities and financial well-being is encouraging heightened buying activity and contributing to the rise in the stock price.

19.11.2024 - SAIA Stock was down 6.8%

• The partnership with Tesla to introduce two electric Semi trucks shows Saia's commitment to sustainability and innovation in logistics.
• Despite the positive news of the collaboration, the market might have reacted bearishly due to potential concerns about the high costs associated with integrating electric vehicles into their fleet.
• Investors could be worried about the short-term impact on Saia's financials as they transition to more sustainable transportation options.
• The market might also be pricing in uncertainties about the operational efficiency and reliability of the new electric Semi trucks in Saia's day-to-day logistics operations.

19.11.2024 - SAIA Stock was down 5.2%

• Saia's partnership with Tesla to launch two electric semis demonstrates the company's focus on sustainable practices and embracing technological advancements.
• Market sentiment regarding the potential high costs of transitioning to electric vehicles may be contributing to the stock's decline despite the positive partnership announcement.
• Uncertainty surrounding the immediate financial impact of the collaboration could be prompting investors to sell Saia's stock in the short term.
• The recent bearish movement in Saia's stock price may also be attributed to profit-taking activities by traders who had previously purchased the stock based on rumors about the partnership, leading to a temporary decline.

30.06.2024 - SAIA Stock was up 5.1%

• The company recorded its highest-ever revenue during its recent earnings call, indicating promising growth prospects.
• Although falling short of earnings projections, Saia's strategic expansions and revenue uptick fueled positive investor sentiment.
• Investor optimism was bolstered by the strong revenue performance, overshadowing the earnings disappointment and propelling the stock price upwards.
• Despite lingering cost concerns, investors remained confident in Saia's growth outlook.

02.07.2024 - SAIA Stock was down 5.0%

• In Q2, Saia reported earnings below expectations, resulting in a downturn in the market.
• Despite achieving record revenue and outlining expansion plans, worries about cost challenges impacted the company's performance.
• Earnings updates significantly influenced market sentiment, leading to a decline in Saia's stock while 3M saw gains in the industrial sector.
• The market's response to Saia's lower-than-expected earnings emphasizes the need to address cost issues and offer positive future guidance to restore investor trust.

29.03.2025 - SAIA Stock was down 5.1%

• Analyst downgrades on SAIA may have eroded investor confidence, impacting the market sentiment negatively.
• The altered perspective by prominent Wall Street analysts might have sparked a selling spree among investors, leading to a decline in the stock price.
• Investor responses to the downgrades may have outweighed any positive developments or financial results by SAIA, contributing to today's bearish market movement.