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WERN
ACCE-researched

Werner Enterprises Inc. Common Stock (WERN) fair value

Industrials · Trucking · NASDAQ · United States
$28.79-1.34%
Market cap $1.7BNext earnings 2026-10-27Updated Oct 21, 2026
Add earnings to calendarGoogle
Our verdict
Trades 46% below our fair value
Price
$28.79
Model fair valueConfidence: low
about $53.10
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a loss-making company: Sales comps and Analyst consensus.
ACCE opinionWerner Enterprises Inc. Common Stock (WERN)
Fair value (3 models)
Not available
ACCE price target
$34.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 28 Sept 2026, 00:00 CEST.
Price used: $28.79 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus and Sales comps.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
41
out of 100
Analysts
31% buy
16 covering
P/E
0.0x
forward 16.4x
1-year return
+5.2%
Dividend yield
1.87%

Werner Enterprises Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Werner Enterprises is a US truckload carrier that runs dedicated fleets and one-way freight, and has a logistics arm with Mexico cross-border service. Dedicated contracts give it steadier volume than spot freight. A recovery in the freight market is the driver. Revenue grew 24.0%, but the operating margin is 2.6%, trailing earnings are negative and the forward multiple is 16.4x, so earnings need to rebuild.

AI-assisted·How I use AIWritten Oct 14, 2026
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
  • high
    Earnings collapse and negative profitability
    Earnings down 85.3% YoY; net margin -1.4% and ROE -3.9%. Revenue up 24% but not translating to profit.
  • high
    Negative free cash flow
    FCF negative $68.5M despite revenue growth. Capital intensity or working capital strain outpacing sales gains.
  • high
    ACCE score collapse
    Score fell 15 points in 90 days (64 to 49). Quality score particularly weak at 31/100, signalling deteriorating fundamentals.
  • moderate
    Elevated short interest
    11.4% short interest combined with earnings miss and cash burn may amplify downside volatility.

AI research notes

AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue surged 24.0% year over year, driven by strategic acquisitions that expand Werner's market footprint.
  • Analyst consensus targets $41.53, implying 27.0% upside from current $32.70 share price.
  • Share buybacks reduced diluted count by 3.3% last fiscal year, concentrating ownership and supporting per-share value.
Why it could disappoint
  • Free cash flow burned $69M over the last twelve months while net margin sits at negative 1.4%.
  • Return on equity of negative 3.9% and ROIC of negative 0.6% show the business is destroying shareholder capital.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Oct 27, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where WERN's valuation models land
Price
$28.79
Model fair valueConfidence: low
about $53.10
Model
Fair value
Upside
Analyst consensus
Sales comps
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish31% buy · 16 covering analysts
● Strong buy 4● Buy 1● Hold 9● Sell 2● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-12.3%
1 month
-16.3%
3 months
-32.1%
6 months
-14.9%
YTD
-4.1%
1 year
+5.2%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
9 Oct 2026, 00:00 CESTFair value$30.29$31.37$32.34
6 Oct 2026, 00:00 CESTFair value$31.37$30.88$35.35
28 Sept 2026, 00:00 CESTACCE price target$34.00first publication$32.89
27 Sept 2026, 00:00 CESTFair value$30.88$32.30$32.89
20 Sept 2026, 00:00 CESTFair value$32.30$33.37$35.67
18 Sept 2026, 00:00 CESTFair value$33.37$34.66$35.84
15 Sept 2026, 00:00 CESTFair value$34.66$34.09$37.28
13 Sept 2026, 00:00 CESTFair value$34.09$35.11$37.28
11 Sept 2026, 00:00 CESTFair value$35.11$35.63$38.89
8 Sept 2026, 00:00 CESTFair value$35.63$36.35$40.04

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth52Value50Quality31Momentum32Total41
Valuation
Trailing P/E
0.0x
Forward P/E
16.4x
PEG
no data
P/B
1.52x
EV / Revenue
0.9x
Book value/sh
$22.61
Enterprise value
$3.0B
Profitability
ROE
-3.9%
FCF yield
-3.92%
ROIC
-0.6%
Health and risk
Debt / equity
0.55
Dividend yield
1.87%
Beta
1.29

Price

+4.0% · 1Y

Ask anything about WERN

Answered from Werner Enterprises Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 2919.0x
ROEbetter than 0% of peers
low -4%-4%high 10%
Div yieldbetter than 50% of peers
low 0.4%1.9%high 2.6%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
WERN Werner Enterprises Inc. Common Stock$28.79----3.9%3141
MTL.TO Mullen Group Ltd.C$28.76C$2135% above26.1x9.6%5173
ARCB ArcBest Corporation Common Stock$127.01$9238% above181.4x1.3%3556
MRTN Marten Transport Ltd. Common Stock$11.78$1112% above78.5x1.7%3833
HTLD Heartland Express Inc. Common Stock$10.18----1.7%3934
CVLG Covenant Logistics Group Inc. Class A Common Stock$29.19$2420% above2919.0x0.2%2945
9064.T Yamato Holdings Co., Ltd.¥2050.50--50.1x2.3%3046

Sector report card

Where WERN ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Sep 24, 2026
    Werner® to Release Third Quarter Earnings and Host Earnings Call on October 27, 2026
  • Business Wire•Sep 9, 2026
    Werner® to Celebrate National Truck Driver Appreciation Week Across All Network Locations
  • Business Wire•Aug 25, 2026
    Werner® to Ring Nasdaq Closing Bell to Commemorate 70 Years of Service and 40 Years as a Publicly Traded Company
9 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 19
8-KCurrent reportPeriod 2026-10-19
View on SEC →
Oct 8
8-KCurrent reportPeriod 2026-10-05
View on SEC →
Oct 6
8-KCurrent reportPeriod 2026-10-05
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR