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Morgan Stanley raises Ryder System price target to $320 after strong Q2 earnings and revenue growth.

Analyst Insights
24 Jul 2026
Alex Lavoie
View Source
Bullish
pluang ai news

Morgan Stanley increased its price target for Ryder System to $320, reflecting an 18.27% potential upside based on strong Q2 results. Ryder reported its seventh consecutive quarter of earnings-per-share growth with Q2 EPS of $3.73, beating estimates. Total revenue rose 5% to $3.35 billion, driven by growth in both Fleet Management and Supply Chain Solutions segments. The company’s focus on long-term customer contracts, which account for over 90% of revenue, provides stable income and resilience amid economic changes.

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