Wabtec (NYSE:WAB) Stock Price Expected to Rise, Stephens Analyst Says

Wabtec (NYSE:WAB) had its target price hoisted by equities researchers at Stephens from $320.00 to $330.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the transportation company’s stock. Stephens’ price objective suggests a potential upside of 9.19% from the stock’s current price.

WAB has been the topic of several other research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $290.00 target price (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. Rothschild & Co Redburn upgraded shares of Wabtec from a “neutral” rating to a “buy” rating and upped their price target for the stock from $262.00 to $285.00 in a research report on Thursday, March 26th. JPMorgan Chase & Co. raised their price target on shares of Wabtec from $300.00 to $315.00 and gave the company a “neutral” rating in a research note on Thursday. Citigroup lowered their price objective on Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Finally, Susquehanna boosted their price objective on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a research note on Thursday. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $310.64.

Wabtec Trading Up 1.4%

Shares of NYSE:WAB opened at $302.22 on Thursday. Wabtec has a 1 year low of $184.26 and a 1 year high of $302.96. The firm has a market capitalization of $51.05 billion, a price-to-earnings ratio of 40.62, a price-to-earnings-growth ratio of 2.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 0.54. The business’s 50 day moving average price is $265.80 and its 200-day moving average price is $255.16.

Wabtec (NYSE:WAB) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping the consensus estimate of $2.60 by $0.16. The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The firm’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, equities research analysts forecast that Wabtec will post 10.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $261.06, for a total value of $303,612.78. Following the completion of the sale, the chief executive officer directly owned 124,077 shares in the company, valued at $32,391,541.62. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. This represents a 8.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 5,734 shares of company stock worth $1,504,571 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Wabtec

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WAB. Whipplewood Advisors LLC purchased a new stake in Wabtec in the 1st quarter valued at $25,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Wabtec by 125.9% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 73 shares during the period. Manchester Capital Management LLC raised its holdings in shares of Wabtec by 122.0% during the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 72 shares during the period. McMillan Office Inc. acquired a new position in shares of Wabtec during the 4th quarter valued at about $31,000. Finally, Reflection Asset Management acquired a new position in shares of Wabtec during the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with EPS of $2.76 on revenue of $3.18 billion, and management lifted FY2026 guidance to $10.60-$10.90 in adjusted EPS, reinforcing the company’s earnings momentum. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: Analysts turned more constructive after results, with JPMorgan, Wells Fargo, Stephens, KeyCorp, and Susquehanna all raising price targets, while several firms reiterated overweight/positive views. These Analysts Raise Their Forecasts On Wabtec After Upbeat Q2 Results
• Positive Sentiment: Multiple technical commentary pieces pointed to bullish momentum, including a golden cross signal and a move above the 50-day moving average, which can attract momentum investors. Westinghouse Air Brake Technologies (WAB) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Wabtec also announced a reported $1 billion deal with an Australian company during earnings, adding to optimism around future growth opportunities. Wabtec CEO unveils $1B deal with Australian company during earnings
• Neutral Sentiment: Commentary highlighted Wabtec as a strong momentum stock and noted a new 52-week high, but these were largely follow-up pieces reflecting the post-earnings rally rather than new fundamental catalysts. Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

About Wabtec

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.