Blue Bird Shareholders Approve Expanded Equity Incentive Plan

Blue Bird ( (BLBD) ) just unveiled an update.

At its March 11, 2026 annual meeting, Blue Bird stockholders approved an amended and restated 2015 Omnibus Equity Incentive Plan, effective November 21, 2025, raising the share pool for awards from 5.2 million to 6.1 million, increasing allowable full-value awards by 900,000 shares, and extending the plan’s term to November 21, 2035. The plan, administered by the board’s compensation committee, underpins the firm’s equity-based pay, which in fiscal 2025 included significant RSU grants to directors, management, and CEO John Wyskiel, reinforcing long-term alignment between leadership and shareholders.

Shareholders also elected two Class III directors to terms ending in 2029 and approved several governance and compensation items, including officer liability limitation amendments, the executive compensation “say-on-pay” resolution, and the annual frequency for future say-on-pay votes. Investors further ratified BDO USA, P.C. as the independent auditor for fiscal 2026, signaling broad support for the company’s governance, compensation framework, and financial oversight structure.

The most recent analyst rating on (BLBD) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Blue Bird stock, see the BLBD Stock Forecast page.

Spark’s Take on BLBD Stock

According to Spark, TipRanks’ AI Analyst, BLBD is a Outperform.

BLBD scores well primarily on sustained financial improvement (profitability, cash generation, and reduced leverage) and constructive technical momentum (price above major moving averages with positive MACD). The latest earnings call further supports the score with raised EBITDA guidance and strong backlog/liquidity, while moderate valuation (P/E ~14.5 with no dividend) and tariff/cost/EV-timing risks keep the score from the high-80s/90s.

To see Spark’s full report on BLBD stock, click here.

More about Blue Bird

Blue Bird Corporation operates in the manufacturing sector, focusing on the design and production of school buses and related transportation products for the North American market. The company uses equity-based compensation, including stock options and restricted stock units, as a core tool to attract, retain, and incentivize directors, executives, and key employees across its operations.

Average Trading Volume: 456,565

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.69B

For detailed information about BLBD stock, go to TipRanks’ Stock Analysis page.