Saia (NASDAQ:SAIA) Sets New 12-Month High After Analyst Upgrade

Posted by Francis Steltz on Jun 8th, 2026

Saia, Inc. (NASDAQ:SAIA – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday after JPMorgan Chase & Co. raised their price target on the stock from $465.00 to $490.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Saia traded as high as $485.78 and last traded at $485.6650, with a volume of 19338 shares changing hands. The stock had previously closed at $466.51.

Several other analysts also recently issued reports on SAIA. Bank of America upped their price objective on Saia from $413.00 to $429.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. TD Cowen upped their price objective on Saia from $367.00 to $445.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Jefferies Financial Group increased their target price on Saia from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Stifel Nicolaus set a $450.00 target price on Saia in a research report on Friday, May 1st. Finally, Citigroup increased their target price on Saia from $428.00 to $516.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Saia presently has an average rating of “Hold” and a consensus price target of $453.56.

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Institutional Investors Weigh In On Saia

A number of institutional investors have recently made changes to their positions in SAIA. Wilson Asset Management International PTY Ltd. purchased a new position in Saia in the 3rd quarter valued at approximately $1,538,000. Lincoln Capital Corp bought a new position in Saia during the fourth quarter valued at approximately $1,371,000. M&T Bank Corp lifted its position in Saia by 383.7% during the fourth quarter. M&T Bank Corp now owns 26,524 shares of the transportation company’s stock valued at $8,661,000 after purchasing an additional 21,041 shares during the period. Lecap Asset Management Ltd. bought a new position in Saia during the fourth quarter valued at approximately $1,692,000. Finally, Envestnet Asset Management Inc. lifted its position in Saia by 5.1% during the third quarter. Envestnet Asset Management Inc. now owns 131,516 shares of the transportation company’s stock valued at $39,371,000 after purchasing an additional 6,410 shares during the period.

Saia Trading Up 4.1%

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market cap of $12.95 billion, a P/E ratio of 50.99, a P/E/G ratio of 2.23 and a beta of 2.10. The stock’s 50-day moving average is $427.54 and its two-hundred day moving average is $375.60.

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

Saia Company Profile

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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.