Marten Transport Ltd has a consensus price target of $23.67 based on the ratings of 4 analysts. The high is $27 issued by Stephens & Co. on July 20, 2023. The low is $19 issued by Stephens & Co. on January 28, 2025. The 3 most-recent analyst ratings were released by Stephens & Co., Raymond James, and Stephens & Co. on January 28, 2025, May 15, 2024, and April 19, 2024, respectively. With an average price target of $20 between Stephens & Co., Raymond James, and Stephens & Co., there's an implied 34.50% upside for Marten Transport Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Marten Transport (NASDAQ:MRTN) was reported by Stephens & Co. on January 28, 2025. The analyst firm set a price target for $19.00 expecting MRTN to rise to within 12 months (a possible 27.77% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Marten Transport (NASDAQ:MRTN) was provided by Stephens & Co., and Marten Transport maintained their overweight rating.
The last upgrade for Marten Transport Ltd happened on January 10, 2024 when Vertical Research raised their price target to $25. Vertical Research previously had a hold for Marten Transport Ltd.
The last downgrade for Marten Transport Ltd happened on October 14, 2024 when Raymond James changed their price target from N/A to N/A for Marten Transport Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marten Transport, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marten Transport was filed on January 28, 2025 so you should expect the next rating to be made available sometime around January 28, 2026.
While ratings are subjective and will change, the latest Marten Transport (MRTN) rating was a maintained with a price target of $18.00 to $19.00. The current price Marten Transport (MRTN) is trading at is $14.87, which is out of the analyst’s predicted range.
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