Saia (SAIA) Stock Is Up, What You Need To Know

What Happened?

Shares of freight transportation and logistics provider Saia (NASDAQ:SAIA) jumped 4.9% in the morning session after an analyst at Susquehanna raised the price target on the stock. 

Analyst Bascome Majors increased the price target on Saia to $390.00 from $350.00, an increase of about 11.4%, while keeping a "Positive" rating on the shares. This move from the analyst showed continued confidence in the company's market performance. A higher price target often suggests that an analyst believes the stock has more room to grow in value, which can lead to increased investor interest.

Is now the time to buy Saia? Access our full analysis report here.

What Is The Market Telling Us

Saia’s shares are very volatile and have had 24 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 8 months ago when the stock dropped 34.8% on the news that the company reported weak first-quarter 2025 results, with its revenue and EBITDA both falling short of analysts' estimates, reflecting a tough start to the year. 

The real story was the sharp sales and profit declines, driven by weather-related disruptions, and weaker-than-expected March shipments. While revenue ticked up 4%, that modest gain masked deeper issues: growth in tonnage and shipments was undermined by a drop in revenue per unit, especially when excluding fuel surcharges, which fell more than 5%. The lack of typical seasonal acceleration in March also weighed heavily on performance. Overall, this was a softer quarter.

Saia is up 6.1% since the beginning of the year, but at $357.66 per share, it is still trading 29.7% below its 52-week high of $508.47 from February 2025. Investors who bought $1,000 worth of Saia’s shares 5 years ago would now be looking at an investment worth $1,978.

Microsoft, Alphabet, Coca-Cola, Monster Beverage—all began as under-the-radar growth stories riding a massive trend. We’ve identified the next one: a profitable AI semiconductor play Wall Street is still overlooking.Go here for access to our full report.