TOP TIERMARKET NEWSWIRE
Movers explained · 2026-07-31

Archived explainer. For the current picture see today's SAIA page.

Why Is SAIA INC (SAIA) Stock Down Today?

By the Top Tier Newswire AI Desk · July 31, 2026 at 12:18 AM ET · reviewed against 5 wire stories

SAIA INC (SAIA) is down -11.11% in the latest session. Our newswire has captured 5 stories on SAIA across 4 sources in the last 36 hours, with AI sentiment reading mixed (avg 55/100).

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Why SAIA stock is down today

SAIA stock fell 11.11% to $350.63 in early trading on July 31, 2026, following the release of its Q2 2026 earnings report and a cautious outlook for the third quarter. The company outlined an expected degradation in operating ratio (OR) by approximately 100 basis points sequentially, despite reporting record revenue of $956 million and a 7.1% July General Rate Increase (GRI). The stock has declined 18.8% over the past eight sessions, reflecting investor concerns about near-term profitability.

What Happened

Saia, Inc. reported second quarter 2026 earnings with diluted earnings per share of $3.51, up from $2.67 in the same period in 2025. Revenue for the quarter reached $956.5 million, exceeding estimates. However, the company warned of a projected 100 basis points sequential decline in operating ratio for Q3. This came as part of its Q2 earnings call on July 30, 2026, where CFO Matthew Batteh and CEO Frederick Holzgrefe outlined the impact of the Saia REV rollout and ongoing GRI initiatives. An SEC Form 8-K filed on the same day detailed the company’s results and financial statements, confirming the earnings beat but highlighting the near-term headwinds.

What The Data Shows

The stock has moved down from a 52-week high of $494.71 to its current level of $350.63, representing a significant correction. With a beta of 2.13, SAIA is more volatile than the broader market. The company’s net margin of 7.8% and a price-to-earnings ratio of 41.4 suggest a premium valuation, which may have been challenged by the Q3 guidance. Additionally, recent insider transactions show one sale totaling $137,000 by EVP Norwood Anthony R on May 20, 2026, while no insider purchases have been reported in the last 90 days.

What To Watch

Investors should monitor the company’s Q3 performance and how it manages the projected OR degradation. The stock is currently trading at a 28.1% discount from its 52-week high, and coverage from analysts remains mixed, with recent price targets ranging from $470 to $502.

AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.

SAIA by the numbers

Last: $350.63Session: -11.11%7 sessions: -17.83%Coverage: 5 stories / 4 sourcesAI sentiment: 55/100 (mixed)Mkt cap: $10.9BP/E: 41.452w: $249.32 to $494.71
SAIA · Jul 31 session (5-min) · -0.86% vs prior close · updated 8:55 PM ET
$343$350$356prev close $350.63$347.637:25 AM9:33 AM11:42 AM1:51 PM4:00 PM7:25 AM · $355.109:25 AM · $355.709:30 AM · $350.309:35 AM · $353.129:40 AM · $351.619:45 AM · $346.449:50 AM · $348.899:55 AM · $347.4010:00 AM · $346.7410:05 AM · $345.1910:10 AM · $344.1910:15 AM · $345.7010:20 AM · $346.0010:25 AM · $348.2010:30 AM · $347.5410:35 AM · $347.6910:40 AM · $349.6810:45 AM · $349.7910:50 AM · $352.0710:55 AM · $351.6411:00 AM · $352.5411:05 AM · $351.8811:10 AM · $351.8011:15 AM · $354.1211:20 AM · $352.5611:25 AM · $350.9311:30 AM · $351.7311:35 AM · $354.0911:40 AM · $352.9411:45 AM · $352.5611:50 AM · $352.7611:55 AM · $351.9812:00 PM · $351.5812:05 PM · $351.5012:10 PM · $351.1312:15 PM · $351.2512:20 PM · $350.2912:25 PM · $350.1512:30 PM · $351.3112:35 PM · $350.5212:40 PM · $350.9612:45 PM · $349.7812:50 PM · $350.1112:55 PM · $350.731:00 PM · $351.161:05 PM · $350.831:10 PM · $351.511:15 PM · $351.881:20 PM · $351.301:25 PM · $351.631:30 PM · $352.991:35 PM · $353.561:40 PM · $352.931:45 PM · $353.001:50 PM · $352.821:55 PM · $352.382:00 PM · $351.442:05 PM · $351.252:10 PM · $351.512:15 PM · $351.002:20 PM · $350.632:25 PM · $351.032:30 PM · $351.292:35 PM · $350.882:40 PM · $350.882:45 PM · $351.092:50 PM · $350.372:55 PM · $351.203:00 PM · $352.093:05 PM · $351.643:10 PM · $351.433:15 PM · $350.863:20 PM · $350.533:25 PM · $350.393:30 PM · $350.523:35 PM · $350.873:40 PM · $351.173:45 PM · $352.173:50 PM · $349.473:55 PM · $347.644:00 PM · $347.63
AI sentiment, last 36h · averaged over 5 stories · 55/100 bullish
AI sentiment 55/100 (bullish)0 · bearish50bullish · 100

The headlines behind the move

Story flow · 5 stories on the wire, last 36h · hover or tap a dot for the headline
36h ago24h ago12h agopublishBusiness Insider · sentiment 68 · Saia Reports Second Quarter ResultsBusiness Insider · 68Saia Reports Second Quarter ResultsStockTitan · sentiment 50 · Saia Reports Second Quarter Results | SAIA Stock NewsStockTitan · 50Saia Reports Second Quarter Results | SAIA Stock NewsSEC 8-K · sentiment 50 · SAIA INC (SAIA) files 8-KSEC 8-K · 50SAIA INC (SAIA) files 8-KSeeking Alpha · sentiment 50 · Saia, Inc. (SAIA) Q2 2026 Earnings Call TranscriptSeeking Alpha · 50Saia, Inc. (SAIA) Q2 2026 Earnings Call TranscriptSeeking Alpha · sentiment 58 · Saia outlines ~100 bps sequential OR degradation in Q3 amid 7.1% July GRI and Saia REV rolloutSeeking Alpha · 58Saia outlines ~100 bps sequential OR degradation in Q3 amid 7.1% July GRI and Saia REV ro…
10d agoSeeking AlphaBULLISH 58Earnings

Saia outlines ~100 bps sequential OR degradation in Q3 amid 7.1% July GRI and Saia REV rollout

Saia (SAIA) Q2 2026 earnings call recap: record $956M revenue, 86.9% OR, pricing/GRI and Saia REV gains, plus Q3 outlook.

10d agoSeeking AlphaNEUTRAL 50Earnings

Saia, Inc. (SAIA) Q2 2026 Earnings Call Transcript

Saia, Inc. (SAIA) Q2 2026 Earnings Call July 30, 2026 10:00 AM EDTCompany ParticipantsMatthew Batteh - Executive VP, CFO & SecretaryFrederick Holzgrefe...

11d agoSEC 8-KNEUTRAL 50General

SAIA INC (SAIA) files 8-K

Filed: 2026-07-30 AccNo: 0001193125-26-324937 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits

11d agoBusiness InsiderBULLISH 68Earnings

Saia Reports Second Quarter Results

JOHNS CREEK, Ga., July 30, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) today reported second quarter 2026 financial results. Diluted earnings per share for the quarter were $3.51 compared to $2.67 in the second quarter of...

11d agoStockTitanNEUTRAL 50Earnings

Saia Reports Second Quarter Results | SAIA Stock News

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More on SAIA: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.

Earlier SAIA move explainers: 2026-07-31 · 2026-07-30