Saia (NASDAQ:SAIA) Price Target Lowered to $400.00 at Wells Fargo & Company

Saia (NASDAQ:SAIA) had its target price lowered by Wells Fargo & Company from $490.00 to $400.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an equal weight rating on the transportation company’s stock.

Other equities research analysts have also issued research reports about the company. Bank of America upgraded Saia from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $499.00 to $502.00 in a research note on Monday, July 13th. Morgan Stanley boosted their target price on shares of Saia from $265.00 to $295.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. JPMorgan Chase & Co. raised their price target on shares of Saia from $465.00 to $490.00 and gave the stock an “overweight” rating in a report on Monday, June 8th. Wolfe Research upgraded shares of Saia from a “peer perform” rating to an “outperform” rating in a research note on Tuesday, April 7th. Finally, Susquehanna boosted their price objective on shares of Saia from $465.00 to $470.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Saia currently has a consensus rating of “Moderate Buy” and an average target price of $453.28.

Saia Stock Down 0.9%

Saia stock opened at $347.63 on Friday. Saia has a 1-year low of $249.32 and a 1-year high of $494.71. The business has a fifty day moving average price of $437.65 and a 200-day moving average price of $405.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.52. The stock has a market capitalization of $9.27 billion, a price-to-earnings ratio of 33.56, a PEG ratio of 1.64 and a beta of 2.13.

Saia (NASDAQ:SAIA) last announced its earnings results on Thursday, July 30th. The transportation company reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.13. Saia had a return on equity of 10.21% and a net margin of 8.19%.The company had revenue of $956.49 million for the quarter, compared to analyst estimates of $956.20 million. During the same period in the prior year, the company posted $2.67 EPS. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. Equities research analysts forecast that Saia will post 11.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Saia

Several hedge funds and other institutional investors have recently bought and sold shares of SAIA. Vestor Capital LLC raised its position in Saia by 9.5% during the 4th quarter. Vestor Capital LLC now owns 323 shares of the transportation company’s stock worth $96,000 after buying an additional 28 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Saia by 5.8% in the 4th quarter. Parallel Advisors LLC now owns 563 shares of the transportation company’s stock valued at $184,000 after acquiring an additional 31 shares during the last quarter. Wealth Alliance LLC boosted its holdings in shares of Saia by 5.1% in the 1st quarter. Wealth Alliance LLC now owns 763 shares of the transportation company’s stock valued at $268,000 after acquiring an additional 37 shares during the last quarter. Handelsbanken Fonder AB increased its stake in shares of Saia by 0.5% in the second quarter. Handelsbanken Fonder AB now owns 8,858 shares of the transportation company’s stock worth $3,731,000 after acquiring an additional 40 shares during the period. Finally, Boothbay Fund Management LLC increased its stake in shares of Saia by 3.2% in the second quarter. Boothbay Fund Management LLC now owns 1,401 shares of the transportation company’s stock worth $384,000 after acquiring an additional 43 shares during the period.

Key Headlines Impacting Saia

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.

About Saia

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.