Why Landstar System, Inc. (LSTR) stock fell 17.8% on Wednesday, October 28, 2026
Landstar System, Inc. (LSTR) closed at $138.8, down 17.76% on Wednesday, October 28, 2026, on volume of 1,332,573 shares (3.4× its 3-month average); market value about $4.70B.
What happened: primary sources
Events Nexqual found for LSTR on Wednesday, October 28, 2026 or the trading day before (October 27, 2026):
- Oct 27, 2026: Reported quarterly results (SEC 8-K) for the quarter ended Sep 30, 2026: EPS $1.42 vs consensus $1.66 (miss), on the analysts' basis (usually adjusted, not GAAP). source
- Oct 28, 2026: SEC 10-Q: Quarterly report, period ended Sep 26, 2026 source
- Oct 28, 2026: JP Morgan: Target lowered, Neutral, price target $181 → $172
- Oct 28, 2026: Truist Securities: Target lowered, Hold, price target $175 → $160
- Oct 28, 2026: Stifel: Target lowered, Hold, price target $197 → $179
- Oct 28, 2026: Stephens & Co.: Target lowered, Overweight, price target $215 → $210
- Oct 28, 2026: Wells Fargo: Target lowered, Overweight, price target $225 → $215
- Oct 28, 2026: Evercore ISI Group: Target lowered, In-Line, price target $187 → $182
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on LSTR
LSTR stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 28, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built October 28, 2026 at 22:04 UTC. Not investment advice.
Data source: Nexqual. Last updated: October 28, 2026 at 22:04 UTC. This page is informational and not investment advice.
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