J.B. Hunt Transport Services, Inc. (JBHT), headquartered in Lowell, Arkansas, provides surface transportation, delivery, and logistic services. With a market cap of $13.8 billion, the company  transports a variety of products including automotive parts, department store merchandise, paper and wood products, food and beverages, plastics, chemicals, and manufacturing materials and supplies.

Shares of this transportation and logistics company have underperformed the broader market considerably over the past year. JBHT has declined 12% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 10.1%. In 2025, JBHT’s stock fell 18.5%, compared to the SPX’s marginal dip on a YTD basis. 

Narrowing the focus, JBHT’s underperformance is also apparent compared to the Pacer Industrials and Logistics ETF (SHPP). The exchange-traded fund has gained about 2.2% over the past year. Moreover, the ETF’s 3.9% returns on a YTD basis outshine the stock’s double-digit losses over the same time frame.

On Apr. 15, JBHT reported its Q1 results, and its shares closed down more than 7% in the following trading session. Its EPS of $1.17 surpassed Wall Street expectations of $1.15. The company’s revenue was $2.9 billion, meeting Wall Street forecasts.

For the current fiscal year, ending in December, analysts expect JBHT’s EPS to grow 3.4% to $5.75 on a diluted basis. The company’s earnings surprise history is mixed. It beat the consensus estimate in two of the last four quarters while missing the forecast on two other occasions.

Among the 24 analysts covering JBHT stock, the consensus is a “Moderate Buy.” That’s based on 13 “Strong Buy” ratings, one “Moderate Buy,” nine “Holds,” and one “Moderate Sell.”

This configuration is less bullish than two months ago, with 14 analysts suggesting a “Strong Buy.” 

On May 16, BofA analyst Ken Hoexter kept a “Buy” rating on JBHT and raised the price target to $166, implying a potential upside of 19.4% from current levels.

The mean price target of $151.33 represents an 8.8% premium to JBHT’s current price levels. The Street-high price target of $200 suggests an ambitious upside potential of 43.9%.