Old Dominion stock trades at EUR 157.04 as rates rise

Old Dominion stock (ISIN US6795801009) was trading at EUR 157.04 at Lang & Schwarz on September 30, 2026, at 9:22 a.m. CEST. The less-than-truckload carrier has set a 4.9 percent general rate increase for October 5, giving pricing power a fresh test as shipment volumes remain uneven. For investors, the key question is whether higher rates can lift revenue without accelerating customer losses.

Rates rise as volumes soften

Old Dominion Freight Line announced the increase for three existing tariffs, with the final customer impact varying by shipment lane and distance. Yahoo Finance reported that the adjustment takes effect on October 5, 2026, while minimum charges will also rise.

The operating backdrop is mixed rather than uniformly weak. Business Wire said August 2026 revenue per day increased 12.4 percent year over year, even as LTL tons per day declined 0.9 percent. For the quarter-to-date period, revenue per hundredweight rose 11.3 percent, or 4.8 percent excluding fuel surcharges.

Q2 margins strengthen

Old Dominion's second-quarter 2026 results show why pricing remains central to the stock story. Business Wire reported revenue of USD 1.554 billion, up 10.4 percent from USD 1.408 billion in the second quarter of 2025. Diluted earnings per share reached USD 1.68, while operating income rose to USD 465.3 million.

The operating ratio improved to 70.1 percent from 74.6 percent in the prior-year quarter, a 4.5 percentage-point improvement. That comparison matters because a lower ratio means less operating expense consumed each dollar of revenue, although the quarter also benefited from USD 17.2 million of net gains on property and equipment disposals.

Analyst target stays above price

Bernstein initiated coverage at Market Perform with a USD 200.00 price target on September 10, 2026, according to MarketScreener. The target sits above the Lang & Schwarz euro quote, but the currencies and venues are different, so the figures should not be combined into a single return calculation.

Nasdaq identified Old Dominion as a Nasdaq-100 constituent in its September 29, 2026 index analysis. The company had a 70.1 percent operating ratio in Q2 2026 and reported August revenue-per-day growth of 12.4 percent, leaving pricing retention and freight volumes as the next measurable checkpoints.

Stock trades at EUR 157.04

Old Dominion stock was trading at EUR 157.04 at Lang & Schwarz on September 30, 2026, at 9:22 a.m. CEST. The quote is an intraday indication; the available Lang & Schwarz record does not provide a valid prior-close comparison for a daily percentage move.

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