Saia (NASDAQ:SAIA) Price Target Cut to $490.00 by Analysts at Stephens

Saia (NASDAQ:SAIA) had its target price cut by Stephens from $520.00 to $490.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

A number of other brokerages also recently issued reports on SAIA. The Goldman Sachs Group restated a “buy” rating and set a $476.00 price objective on shares of Saia in a research report on Thursday. Barclays dropped their target price on Saia from $500.00 to $475.00 and set an “overweight” rating for the company in a report on Friday. Evercore raised Saia from an “in-line” rating to an “outperform” rating in a research report on Wednesday, July 1st. Stifel Nicolaus upgraded Saia from a “hold” rating to a “buy” rating and set a $438.00 price target on the stock in a report on Friday. Finally, BMO Capital Markets increased their price target on Saia from $450.00 to $470.00 and gave the company a “market perform” rating in a report on Thursday, June 4th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Saia currently has a consensus rating of “Moderate Buy” and an average price target of $453.28.

Saia Stock Down 0.9%

Shares of NASDAQ SAIA opened at $347.63 on Friday. The firm’s 50-day moving average price is $437.65 and its 200-day moving average price is $405.81. The company has a current ratio of 1.58, a quick ratio of 1.52 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $9.27 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 1.64 and a beta of 2.13. Saia has a 12-month low of $249.32 and a 12-month high of $494.71.

Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $3.51 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.13. The firm had revenue of $956.49 million during the quarter, compared to the consensus estimate of $956.20 million. Saia had a net margin of 8.19% and a return on equity of 10.21%. The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.67 EPS. On average, equities research analysts anticipate that Saia will post 11.46 EPS for the current fiscal year.

Institutional Trading of Saia

Several institutional investors have recently added to or reduced their stakes in SAIA. Viking Global Investors LP purchased a new position in shares of Saia during the second quarter valued at approximately $226,770,000. Invesco Ltd. grew its stake in shares of Saia by 1,300.4% during the third quarter. Invesco Ltd. now owns 701,418 shares of the transportation company’s stock valued at $209,976,000 after buying an additional 651,332 shares during the last quarter. Norges Bank bought a new position in shares of Saia during the fourth quarter valued at approximately $130,411,000. Freestone Grove Partners LP purchased a new stake in shares of Saia in the third quarter worth approximately $56,305,000. Finally, First Trust Advisors LP raised its holdings in shares of Saia by 33.0% in the fourth quarter. First Trust Advisors LP now owns 740,798 shares of the transportation company’s stock worth $241,885,000 after buying an additional 183,669 shares during the period.

Saia News Summary

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Saia reported a solid Q2 2026: diluted EPS rose 31.5% year over year to $3.51, exceeding consensus estimates, while revenue increased 17.1% to a record $956.5 million. Operating income climbed 26% to $125.2 million, and the operating ratio improved to 86.9%. LTL tonnage and shipments per workday increased 8.4% and 4.4%, respectively. Saia Reports Second Quarter Results
• Positive Sentiment: JPMorgan raised its Saia price target to $498 from $490 and maintained an “overweight” rating, signaling confidence in the company’s long-term growth and execution. JPMorgan price target update
• Positive Sentiment: Stifel upgraded SAIA from “hold” to “buy” and assigned a $438 price target, adding to the bullish analyst commentary. Stifel upgrade
• Neutral Sentiment: Stephens lowered its target to $490 from $520 but retained an “overweight” rating. The target remains well above the stock’s recent trading level, although the reduction reflects more cautious expectations.
• Negative Sentiment: Management indicated that Q3’s operating ratio could deteriorate by approximately 100 basis points sequentially. Investors are concerned about a July wage increase, higher diesel, purchased transportation, insurance and workers’ compensation costs, as well as softer shipment growth following a 7.1% general rate increase. Saia Q3 margin outlook
• Negative Sentiment: Wells Fargo cut its price target sharply to $400 from $490 and shifted to an “equal weight” rating, reinforcing concerns about the company’s near-term margin and cost outlook. Wells Fargo price target update
• Negative Sentiment: Reported insider activity shows nine open-market sales and no purchases over the past six months, including sales by senior executives. While not necessarily company-specific, the pattern may add to investor caution.

Saia Company Profile

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.