Old Dominion Freight Line stock (US6795801009): Susquehanna lifts price target as shares hover above new forecast

Old Dominion Freight Line shares on the Nasdaq held above a fresh price target from Susquehanna on 06/02/2026, as the U.S. less-than-truckload specialist drew renewed analyst attention and continued to trade near recent highs.

Old Dominion Freight Line shares traded around the high-$220 range on Nasdaq on 06/02/2026, keeping the U.S. less-than-truckload carrier in focus after Susquehanna raised its price target to USD 224 from USD 205 while maintaining a neutral rating, according to a note summarized by MarketScreener on 06/02/2026 and further detailed by Gurufocus on the same day.MarketScreener as of 06/02/2026Gurufocus as of 06/02/2026

The stock last closed at USD 228.53 on Nasdaq, slightly above the new Susquehanna target, underscoring how the U.S.-listed shares have outpaced at least part of the sell-side valuation set for the North Carolina-based company, according to data cited by MarketScreener on 06/02/2026.MarketScreener as of 06/02/2026

As of: 06/02/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Old Dominion
• Sector/industry: Transportation - less-than-truckload freight
• Headquarters/country: Thomasville, United States
• Core markets: Domestic U.S. less-than-truckload network with selected international freight connections
• Key revenue drivers: Less-than-truckload freight volumes, yield per shipment, and value-added logistics services
• Home exchange/listing venue: Nasdaq (ODFL)
• Trading currency: USD

Old Dominion Freight Line: core business model

Old Dominion Freight Line primarily runs an extensive less-than-truckload network across the United States, generating most of its revenue from consolidating smaller freight loads and offering related logistics and warehousing services for industrial and commercial customers.MarketScreener company profile as of 12/31/2025

Latest quarterly results for Old Dominion Freight Line at a glance

For the latest reported period, Old Dominion Freight Line continued to highlight the strength of its core less-than-truckload operations, although the market focus on 06/02/2026 was more directly centered on valuation and analyst expectations than on a fresh earnings release. The company’s revenue mix remains dominated by LTL transportation, which accounted for about 99.1% of net sales in 2025, with the remainder tied to logistics, storage, and handling services, according to its business breakdown data cited by MarketScreener as of 12/31/2025.MarketScreener company profile as of 12/31/2025

While specific latest-quarter figures were not at the center of the 06/02/2026 newsflow, the existing analyst coverage and detailed business mix data indicate that investors continue to track Old Dominion Freight Line’s margins, tonnage trends, and pricing discipline across its 260 service centers, of which 240 were owned at the end of 2025.MarketScreener company profile as of 12/31/2025

Conclusion

The 06/02/2026 move by Susquehanna to lift its Old Dominion Freight Line price target to USD 224 while keeping a neutral stance highlights how the U.S.-listed LTL specialist continues to command a valuation near the upper end of published analyst expectations.MarketScreener as of 06/02/2026

With the shares changing hands around USD 228.53 on Nasdaq, slightly above the new target, and the business still heavily anchored in U.S. less-than-truckload freight, investors monitoring Old Dominion Freight Line will likely keep a close eye on future earnings updates, sector demand trends, and any additional revisions from U.S. research houses.StockAnalysis as of 06/02/2026

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.