WallStSmart
ODFL

Old Dominion Freight Line Inc

NASDAQ: ODFL · INDUSTRIALS · TRUCKING

$209.35
-5.60% today

Updated 2026-04-29

Market cap
$43.63B
P/E ratio
43.34
P/S ratio
7.94x
EPS (TTM)
$4.83
Dividend yield
52W range
$126 – $234
Volume
2.1M

Old Dominion Freight Line Inc (ODFL) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$209.35
Consensus
$183.40
-12.40%
2030 Target
$455.40
+117.53%
DCF
$147.56
-31.78% MoS
21 analysts:
8 Buy11 Hold3 Sell

Management guidance

No specific revenue targets disclosed by management for 2026-2030. CEO commentary focuses on pricing power offsetting volume declines and navigating freight market recovery, but no quantified revenue guidance provided.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$772.20
$8.1B Rev × 20x P/S
Base case (2030)
$455.40
$8.1B Rev × 12x P/S
Bear case (2030)
$316.80
$8.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$5.9B$5.8B$5.5B$5.8B$6.4B$7.0B$7.5B$8.1B
Revenue growth-0.9%-5.5%6.4%9.1%8.9%8.2%7.5%
EPS$11.26$5.48$4.83$5.25$6.40$7.35$8.10$8.75
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$336.60$356.40$396.00$435.60$455.40

Catalysts & risks

Growth catalysts
+ Freight market recovery from current soft demand cycle (2H 2026-2027)
+ Pricing power maintenance as volumes stabilize and market share consolidation occurs
+ Q1 2026 earnings (April 29) will signal strength of pricing vs. volume dynamics
+ Potential margin expansion if freight volumes recover while pricing holds
+ Dividend growth continuation (recently raised) supporting shareholder returns
Key risks
- Prolonged freight recession extending beyond 2026; volumes declining YoY through 2027
- Pricing power erosion if competitors engage in rate wars during recovery phase
- Macro recession/economic slowdown reducing shipper demand and market TAM
- High valuation (41.0x P/E, 7.67x P/S) leaves limited margin for disappointment
- Operating margin compression if fixed costs don't decline with volume drops

Methodology

Old Dominion Freight Line Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 21 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.