JPMorgan Chase & Co. Issues Positive Forecast for Saia (NASDAQ:SAIA) Stock Price

Posted by Brenda Bartman on Aug 1st, 2026

Saia (NASDAQ:SAIA – Free Report) had its target price boosted by JPMorgan Chase & Co. from $490.00 to $498.00 in a report published on Friday,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

Other equities analysts also recently issued research reports about the company. UBS Group reduced their price objective on Saia from $527.00 to $504.00 and set a “buy” rating on the stock in a research report on Friday. Raymond James Financial dropped their target price on Saia from $477.00 to $475.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Wolfe Research raised Saia from a “peer perform” rating to an “outperform” rating in a research note on Tuesday, April 7th. Evercore upgraded Saia from an “in-line” rating to an “outperform” rating in a report on Wednesday, July 1st. Finally, Jefferies Financial Group boosted their price target on shares of Saia from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $453.28.

Read Our Latest Research Report on SAIA

Saia Stock Down 0.9%

Shares of NASDAQ SAIA opened at $347.63 on Friday. Saia has a 12-month low of $249.32 and a 12-month high of $494.71. The stock has a market cap of $9.27 billion, a PE ratio of 33.56, a P/E/G ratio of 1.64 and a beta of 2.13. 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 company has a 50-day moving average of $437.65 and a 200 day moving average of $405.81.

Saia (NASDAQ:SAIA – Get Free Report) last released its earnings results on Thursday, July 30th. The transportation company reported $3.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.13. Saia had a net margin of 8.19% and a return on equity of 10.21%. The business had revenue of $956.49 million for the quarter, compared to analyst estimates of $956.20 million. During the same period last year, the company posted $2.67 EPS. The business’s revenue was up 17.1% on a year-over-year basis. As a group, sell-side analysts predict that Saia will post 11.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Quarry LP grew its position in Saia by 8,400.0% in the fourth quarter. Quarry LP now owns 85 shares of the transportation company’s stock worth $28,000 after acquiring an additional 84 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Saia during the fourth quarter worth $36,000. Torren Management LLC purchased a new stake in Saia in the fourth quarter valued at $40,000. Larson Financial Group LLC raised its position in Saia by 1,612.5% in the fourth quarter. Larson Financial Group LLC now owns 137 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 129 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Saia by 46.9% in the 4th quarter. Farther Finance Advisors LLC now owns 144 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 46 shares during the last quarter.

Key Saia News

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

(Get Free Report)

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.