WERNWerner Enterprises, Inc.
The Read
WERN's stock historically reacted with a median absolute move of ~8%.
The schedule
- Thu15Oct
With shares at $41.50, shifting trade policies and cross-border logistics regulations under President Trump pose a distinct catalyst, driving a move up to $44.50 or a tariff-induced drop to $36.50.
- Mon8Feb
WERN reports Q3 2026 results from a depressed $36.50 level, where successful cost-cutting could drive a recovery to $41.00, while persistent freight recession metrics would break support down to $32.50.
- Thu25Mar
Entering the spring bid season at $36.00, WERN updates investors on contractual rate negotiations, setting up a recovery to $40.50 or a drop to $33.50 if pricing power remains weak.
- Fri7May
From $40.50, Q1 2027 earnings will test WERN's margin resilience, with an upside path to $45.00 against downside cyclical risks extending to $35.50.
- Wed12May
Anchored at $41.00, WERN issues full-year 2027 guidance, which will dictate whether shares reclaim $45.50 or suffer a cyclical guidance reset back to $36.00.
Past
- Tue15Sep
From a reset base of $38.50, the market evaluates WERN's fall freight volume commentary and peak season surcharges, eyeing a rebound to $41.50 or a further slide to $35.50.
- Sun9Aug
Actual outcome: Bear · $36.43 at outcome
Werner Enterprises reported Q2 2026 EPS of -$0.07, exactly matching analyst estimates. However, underlying fundamental concerns—including logistics losses, driver constraints, and debt levels—overshadowed the in-line results and a newly declared quarterly dividend. As a result, the stock continued its broader downward trend, breaking well below the $38.50 bear floor.
WERN announces Q2 2026 earnings with shares trading at $43.20, near the 52-week high, raising the bar for a sustained rally toward $46.50 or a cyclical pullback to $38.50.
- Fri8May
Actual outcome: Bull · $37.31 at outcome
Werner Enterprises delivered better-than-expected Q1 2026 results, posting EPS of $0.02 against estimates of a $0.03 loss alongside a 13.6% year-over-year increase in revenue. The strong top- and bottom-line beat, driven by strength in both its Truckload Transportation Services and Logistics segments as well as improved operating margins, signaled that the company's margin deterioration was stabilizing, driving the stock well past the $33.50 bull target.
- Mon16Mar
Actual outcome: Mixed · $27.62 at outcome
Werner's stock remained range-bound as a 'Reduce' consensus rating from fourteen research firms offset the lack of any major negative surprises from the industry update. While the company celebrated its 70th anniversary, the absence of a clear fundamental catalyst or improved guidance from the industry update kept the price stagnant between the bull and bear targets.
- Thu5Feb
Actual outcome: Bear · $32.61 at outcome
Werner missed Q4 2025 earnings and revenue estimates (EPS $0.05 vs. $0.09), failing to deliver the confident guidance needed to justify its high valuation. The results reflected continued cyclical weakness and margin deterioration in core segments, signaling that the freight cycle bottom had not yet been reached. This fundamental disappointment drove the stock down 13.9% immediately following the release, aligning with the bear scenario.