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The latest update is out from NFI Group Inc ( (TSE:NFI) ).
NFI Group Inc.’s subsidiary, New Flyer, has launched an extended range option for its Xcelsior CHARGE FC™ hydrogen fuel cell-electric bus, adding up to 120 miles of range. This innovation, already successful in partnership with Humboldt Transit Authority, enhances operational flexibility and reduces refueling needs, positioning NFI as a leader in zero-emission bus technology. The extended range feature supports longer service routes and more demanding duty cycles, showcasing NFI’s commitment to clean transit innovation and sustainable transportation solutions.
The most recent analyst rating on (TSE:NFI) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on NFI Group Inc stock, see the TSE:NFI Stock Forecast page.
Spark’s Take on TSE:NFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NFI is a Neutral.
NFI Group Inc’s stock score reflects a mix of strong market momentum and strategic achievements in securing major contracts and improving liquidity. However, ongoing profitability challenges and high leverage are significant risks that impact financial stability. Despite positive earnings call sentiment and strong corporate developments, the valuation remains a concern due to negative earnings.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leading global bus manufacturer offering a wide range of propulsion-agnostic bus and coach platforms, including market-leading electric models. The company focuses on low- and zero-emission buses and coaches, infrastructure, and technology to meet urban demands for scalable smart mobility solutions. NFI operates under several brands such as New Flyer, MCI, Alexander Dennis Limited, Plaxton, ARBOC, and NFI Parts, supporting over 100,000 buses and coaches worldwide.
Average Trading Volume: 257,166
Technical Sentiment Signal: Buy
Current Market Cap: C$2.21B
See more data about NFI stock on TipRanks’ Stock Analysis page.