Wolfe Research Raises Old Dominion Freight Line Price Target to $185

The transportation company's stock received an 'underperform' rating from the research firm.

Apr. 8, 2026 at 1:29pm

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Wolfe Research analysts have raised their price target on shares of Old Dominion Freight Line (NASDAQ:ODFL) from $183.00 to $185.00, while maintaining an 'underperform' rating on the stock. The new price target suggests a potential downside of 7% from the company's previous closing price.

Why it matters

This price target adjustment reflects Wolfe Research's view that Old Dominion Freight Line's stock is overvalued compared to the firm's assessment of the company's fundamentals. The 'underperform' rating indicates the analysts believe the stock will underperform the broader market.

The details

In a research report issued on Tuesday, Wolfe Research analysts boosted their price target on Old Dominion Freight Line shares. Several other research firms have also recently weighed in on the stock, with Susquehanna reissuing a 'neutral' rating and Jefferies Financial Group raising its target price.

  • The new Wolfe Research price target and rating were issued on Tuesday, April 8, 2026.

The players

Wolfe Research

A Wall Street research firm that covers Old Dominion Freight Line and other transportation companies.

Old Dominion Freight Line

A U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services.

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The takeaway

This price target adjustment from Wolfe Research reflects the firm's view that Old Dominion Freight Line's stock is overvalued compared to the company's fundamentals, suggesting investors may want to approach the stock with caution.