Citigroup Issues Positive Forecast for J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Price

Posted by Brian Himes on Jul 16th, 2026

J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) had its price target hoisted by research analysts at Citigroup from $278.00 to $309.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the transportation company’s stock. Citigroup’s price target indicates a potential upside of 3.55% from the stock’s current price.

JBHT has been the topic of several other research reports. Stephens raised their target price on J.B. Hunt Transport Services from $360.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday. Truist Financial increased their price target on shares of J.B. Hunt Transport Services from $280.00 to $295.00 and gave the company a “hold” rating in a research note on Thursday. Sanford C. Bernstein reissued an “outperform” rating on shares of J.B. Hunt Transport Services in a report on Thursday. BMO Capital Markets restated an “outperform” rating on shares of J.B. Hunt Transport Services in a research report on Thursday. Finally, Wells Fargo & Company upped their target price on shares of J.B. Hunt Transport Services from $310.00 to $335.00 and gave the company an “overweight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $286.30.

Read Our Latest Report on JBHT

J.B. Hunt Transport Services Stock Up 8.0%

NASDAQ:JBHT traded up $22.13 during trading hours on Thursday, hitting $298.41. The company’s stock had a trading volume of 2,452,013 shares, compared to its average volume of 1,018,448. The stock has a market capitalization of $28.14 billion, a P/E ratio of 46.19, a price-to-earnings-growth ratio of 2.04 and a beta of 1.29. The stock has a fifty day moving average of $272.26 and a 200-day moving average of $237.17. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.36. J.B. Hunt Transport Services has a 52-week low of $130.12 and a 52-week high of $299.76.

J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.20. The company had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.J.B. Hunt Transport Services’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.31 EPS. On average, equities analysts forecast that J.B. Hunt Transport Services will post 7.32 earnings per share for the current year.

Insider Activity

In other J.B. Hunt Transport Services news, EVP Spencer Frazier sold 2,000 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $258.20, for a total transaction of $516,400.00. Following the transaction, the executive vice president owned 4,604 shares of the company’s stock, valued at $1,188,752.80. The trade was a 30.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Nicholas Hobbs sold 1,272 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $250.75, for a total value of $318,954.00. Following the completion of the sale, the chief operating officer owned 91,736 shares of the company’s stock, valued at approximately $23,002,802. This represents a 1.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,119 shares of company stock worth $4,736,095 over the last ninety days. 2.50% of the stock is owned by corporate insiders.

Institutional Trading of J.B. Hunt Transport Services

Several institutional investors and hedge funds have recently bought and sold shares of JBHT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in J.B. Hunt Transport Services by 74.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,643 shares of the transportation company’s stock valued at $2,314,000 after purchasing an additional 6,668 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of J.B. Hunt Transport Services by 3.3% during the first quarter. Goldman Sachs Group Inc. now owns 433,661 shares of the transportation company’s stock worth $64,160,000 after buying an additional 13,729 shares during the period. Empowered Funds LLC boosted its stake in shares of J.B. Hunt Transport Services by 27.8% during the first quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock worth $262,000 after buying an additional 385 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of J.B. Hunt Transport Services during the second quarter worth about $539,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of J.B. Hunt Transport Services by 21.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 583 shares of the transportation company’s stock worth $84,000 after buying an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

Key Headlines Impacting J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

Positive Sentiment: J.B. Hunt beat Q2 expectations, reporting EPS of $1.91 versus the $1.71 consensus and revenue of $3.50 billion versus $3.26 billion expected, with revenue up 19.4% year over year and net earnings rising to $181 million. Article Title
Positive Sentiment: Results were driven by intermodal growth, stronger pricing, and cost discipline, with record quarterly intermodal volumes helping lift operating income and margins. Article Title
Positive Sentiment: Analysts turned more constructive after the report, including JPMorgan raising its price target to $313 from $280 with an overweight rating, and Robert W. Baird lifting its target to $320 with an outperform rating. Article Title
Positive Sentiment: Additional target increases from Barclays to $300 and TD Cowen to $297 reinforce the view that recent results support further upside, though some firms still have more neutral ratings. Article Title
Neutral Sentiment: Other commentary suggests the stock is already trading near record highs, so some investors may be weighing the strong execution against a richer valuation. Article Title

J.B. Hunt Transport Services Company Profile

(Get Free Report)

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.