JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Saia (NASDAQ:SAIA) Stock

Posted by Francis Steltz on Jun 8th, 2026

Saia (NASDAQ:SAIA – Get Free Report) had its price target upped by stock analysts at JPMorgan Chase & Co. from $465.00 to $490.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 1.69% from the stock’s current price.

A number of other brokerages also recently issued reports on SAIA. Benchmark reaffirmed a “buy” rating on shares of Saia in a report on Wednesday. Morgan Stanley reaffirmed an “underweight” rating and set a $265.00 price target on shares of Saia in a report on Friday, May 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $441.00 price target on shares of Saia in a report on Thursday, April 30th. Wolfe Research raised Saia from a “peer perform” rating to an “outperform” rating in a report on Tuesday, April 7th. Finally, Bank of America upped their price target on Saia from $413.00 to $429.00 and gave the company a “neutral” rating in a report on Tuesday, March 3rd. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $453.56.

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Saia Stock Up 3.3%

Shares of NASDAQ SAIA traded up $15.34 during trading on Monday, reaching $481.85. The company had a trading volume of 75,422 shares, compared to its average volume of 504,628. Saia has a 12-month low of $249.00 and a 12-month high of $489.43. The stock has a market cap of $12.85 billion, a PE ratio of 50.61, a P/E/G ratio of 2.23 and a beta of 2.10. The business’s 50-day moving average is $427.54 and its 200 day moving average is $375.60. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.04.

Saia (NASDAQ:SAIA – Get Free Report) last released its earnings results on Thursday, April 30th. The transportation company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. The firm had revenue of $806.23 million for the quarter, compared to analysts’ expectations of $789.08 million. Saia had a return on equity of 9.60% and a net margin of 7.84%.The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.86 earnings per share. As a group, equities analysts forecast that Saia will post 11.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC lifted its position in shares of Saia by 11.4% during the 1st quarter. Parallel Advisors LLC now owns 627 shares of the transportation company’s stock valued at $220,000 after buying an additional 64 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Saia by 3,706.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,751 shares of the transportation company’s stock valued at $615,000 after buying an additional 1,705 shares in the last quarter. Henshaw Capital LLC lifted its position in shares of Saia by 21.8% during the 1st quarter. Henshaw Capital LLC now owns 5,476 shares of the transportation company’s stock valued at $1,924,000 after buying an additional 980 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Saia by 35.6% during the 1st quarter. Bank of America Corp DE now owns 119,297 shares of the transportation company’s stock valued at $41,907,000 after buying an additional 31,323 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in shares of Saia by 23.1% during the 1st quarter. California State Teachers Retirement System now owns 30,917 shares of the transportation company’s stock valued at $10,861,000 after buying an additional 5,810 shares in the last quarter.

About Saia

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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.