J.B. Hunt Transport Services (JBHT) Stock Forecast & Price Target

$171.54

+0.76 (+0.45%)

(As of 07/26/2024 ET)

J.B. Hunt Transport Services - 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 16 Analyst Ratings

Based on 16 Wall Street analysts who have issued ratings for J.B. Hunt Transport Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 6 have given a hold rating, and 10 have given a buy rating for JBHT.

Consensus Price Target

$181.88
6.02% Upside

High Forecast	$211.00
Average Forecast	$181.88
Low Forecast	$151.00

According to the 16 analysts' twelve-month price targets for J.B. Hunt Transport Services, the average price target is $181.88. The highest price target for JBHT is $211.00, while the lowest price target for JBHT is $151.00. The average price target represents a forecasted upside of 6.02% from the current price of $171.54.

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	10 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$181.88	$192.29	$194.24	$195.30
Forecasted Upside	6.02% Upside	13.44% Upside	13.35% Upside	7.18% Upside

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JBHT 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.

JBHT 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.

J.B. Hunt Transport Services Stock vs. The Competition

Type	J.B. Hunt Transport Services	Transportation Companies	S&P 500
Consensus Rating Score	2.63	2.54	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.49% Upside	35.25% Upside	8.98% 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
7/23/2024	Stifel Nicolaus 4 of 5 stars	Lower Target	Hold ➝ Hold	$173.00 ➝ $151.00	-8.73%
7/18/2024	Loop Capital 2 of 5 stars	Lower Target	Hold ➝ Hold	$177.00 ➝ $173.00	+6.89%
7/17/2024	Barclays 2 of 5 stars	Lower Target	Equal Weight ➝ Equal Weight	$170.00 ➝ $160.00	-1.61%
7/17/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$191.00 ➝ $185.00	+11.29%
7/17/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$188.00 ➝ $195.00	+17.31%
7/17/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$175.00 ➝ $155.00	-11.93%
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7/17/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$181.00 ➝ $161.00	-8.52%
7/10/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$200.00 ➝ $185.00	+18.94%
7/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$204.00 ➝ $184.00	+17.97%
7/8/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$162.00 ➝ $160.00	+2.11%
6/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$185.00	+16.35%
4/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$215.00 ➝ $199.00	+18.77%
4/17/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$215.00 ➝ $205.00	+22.35%
4/17/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$210.00 ➝ $192.00	+14.59%
4/17/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$234.00 ➝ $211.00	+26.55%
1/16/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$200.00 ➝ $209.00	+8.81%
6/29/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$200.00 ➝ $207.00	+15.74%
6/27/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Reiterates
4/20/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$225.00 ➝ $200.00	+12.10%
3/20/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$214.00 ➝ $207.00	+22.85%
1/19/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform	$196.00 ➝ $193.00	+4.31%
1/19/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$194.00 ➝ $195.00	+5.39%
10/19/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Positive	$196.00 ➝ $194.00	+15.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:01 AM ET.

JBHT Forecast - Frequently Asked Questions

What is J.B. Hunt Transport Services' forecast for 2024?: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for J.B. Hunt Transport Services is $181.88, with a high forecast of $211.00 and a low forecast of $151.00.
Should I buy or sell J.B. Hunt Transport Services stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last twelve months. There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" JBHT shares.
Does J.B. Hunt Transport Services's stock price have much upside?: According to analysts, J.B. Hunt Transport Services's stock has a predicted upside of 9.27% based on their 12-month stock forecasts.
What analysts cover J.B. Hunt Transport Services?: J.B. Hunt Transport Services has been rated by research analysts at Barclays, Benchmark, BMO Capital Markets, Evercore ISI, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Stifel Nicolaus, Susquehanna, TD Cowen, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like J.B. Hunt Transport Services more than its competitors?: Analysts like J.B. Hunt Transport Services more than other "transportation" companies. The consensus rating score for J.B. Hunt Transport Services is 2.63 while the average consensus rating score for "transportation" companies is 2.55. Learn more on how JBHT compares to other companies.