Benchmark maintains Buy rating on Schneider National stock amid muted freight demand

Investing.com - Benchmark maintained its Buy rating on Schneider National (NYSE:SNDR) stock while keeping its price target at $31.00, despite lowering estimates ahead of the company’s third-quarter results. The transportation company, currently trading at $22.68 with a market cap of $3.97 billion, has seen its stock decline 21.62% year-to-date.

The research firm noted that Schneider’s Truckload segment performance has generally reflected broader industry conditions, with freight volumes remaining stable but below normal seasonal levels during the third quarter.

Benchmark’s pre-quarter checks and transportation data indicated that September demand held steady but failed to show the typical seasonal uptick, suggesting muted shipper activity across the transportation sector.

The firm lowered its estimates for Schneider National due to sub-seasonal volumes and pricing conditions that continue to push the anticipated freight recovery further into the future.

Despite these near-term challenges, Benchmark remains positive on Schneider’s positioning to benefit from an eventual cyclical recovery and further Dedicated expansion, while also highlighting potential benefits from the company’s new partnership with Union Pacific and Canadian Pacific Kansas City, along with pent-up demand for intermodal services.

In other recent news, Schneider National Inc . reported its Q2 2025 earnings, demonstrating a solid performance amid uncertain conditions. The company’s enterprise revenues, excluding the fuel surcharge, reached $1.3 billion, marking a 10% increase compared to the same period last year. Adjusted income from operations rose by 9% to $57 million. Additionally, Schneider National’s adjusted diluted earnings per share (EPS) came in at $0.21. Despite the absence of forecast data, these results highlight the company’s growth trajectory. There is no mention of any mergers or acquisitions in the recent updates. Furthermore, there are no reports of analyst upgrades or downgrades for Schneider National at this time. These developments provide investors with key insights into the company’s recent financial performance.

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