ArcBest (ARCB) Stock Forecast & Price Target

$120.15

-4.33 (-3.48%)

(As of 07/26/2024 ET)

ArcBest - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Based on 13 Wall Street analysts who have issued ratings for ArcBest in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 1 has given a sell rating, 4 have given a hold rating, and 8 have given a buy rating for ARCB.

Consensus Price Target

$143.85
19.72% Upside

High Forecast	$205.00
Average Forecast	$143.85
Low Forecast	$112.00

According to the 13 analysts' twelve-month price targets for ArcBest, the average price target is $143.85. The highest price target for ARCB is $205.00, while the lowest price target for ARCB is $112.00. The average price target represents a forecasted upside of 19.72% from the current price of $120.15.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	0 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$143.85	$145.00	$151.54	$114.56
Forecasted Upside	19.72% Upside	22.56% Upside	16.98% Upside	27.04% Upside

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ARCB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ARCB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

ArcBest Stock vs. The Competition

Type	ArcBest	Transportation Companies	S&P 500
Consensus Rating Score	2.54	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.72% Upside	35.04% Upside	9.09% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	Bank of America 4 of 5 stars	Boost Target	Underperform ➝ Underperform	$110.00 ➝ $112.00	-4.13%
7/9/2024	JPMorgan Chase & Co. 3 of 5 stars	Downgrade	Overweight ➝ Neutral	$145.00 ➝ $127.00	+17.15%
7/8/2024	Morgan Stanley 3 of 5 stars	Lower Target	Overweight ➝ Overweight	$180.00 ➝ $176.00	+64.78%
6/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$140.00	+37.88%
5/15/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$159.00 ➝ $150.00	+25.26%
5/1/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$150.00 ➝ $126.00	+14.46%
Get the Latest News and Ratings for ARCB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for ArcBest and its competitors with MarketBeat's FREE daily newsletter.
5/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$177.00 ➝ $148.00	+33.44%
4/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$133.00 ➝ $149.00	+0.51%
2/7/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$165.00 ➝ $205.00	+41.25%
1/29/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$148.00	+22.26%
10/4/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$137.00 ➝ $130.00	+32.15%
8/21/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$132.00	+26.20%
7/31/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$104.00 ➝ $127.00	+6.36%
6/30/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
6/12/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$110.00	+29.11%
2/6/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$124.00 ➝ $127.00	+46.48%
8/9/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$127.00	+47.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:51 AM ET.

ARCB Forecast - Frequently Asked Questions

What is ArcBest's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for ArcBest is $143.85, with a high forecast of $205.00 and a low forecast of $112.00.
Should I buy or sell ArcBest stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There is currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ARCB shares.
Does ArcBest's stock price have much upside?: According to analysts, ArcBest's stock has a predicted upside of 23.75% based on their 12-month stock forecasts.
Has ArcBest been downgraded by Wall Street analysts recently?: Over the previous 90 days, ArcBest's stock had 1 downgrade by analysts.
What analysts cover ArcBest?: ArcBest has been rated by research analysts at Bank of America, JPMorgan Chase & Co., Morgan Stanley, Stifel Nicolaus, TD Cowen, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like ArcBest more than its competitors?: Analysts like ArcBest less than other "transportation" companies. The consensus rating score for ArcBest is 2.54 while the average consensus rating score for "transportation" companies is 2.55. Learn more on how ARCB compares to other companies.