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The latest update is out from NFI Group Inc ( (TSE:NFI) ).
New Flyer of America, a subsidiary of NFI Group Inc., has secured an order from the Regional Transportation Commission of Southern Nevada for 50 additional Xcelsior compressed natural gas buses—19 articulated 60-foot units and 31 standard 40-foot units—under existing five-year contracts. The roughly $56 million order, already counted in NFI’s fourth-quarter 2025 backlog and funded by local and U.S. federal transit sources, will replace end-of-life vehicles in Las Vegas–area service, supporting cleaner, low-emission transit for the RTC’s 64 million annual riders and reinforcing New Flyer’s long-standing relationship with the agency, which has received more than 900 buses from the manufacturer to date, over 500 of them CNG-powered.
The most recent analyst rating on (TSE:NFI) stock is a Hold with a C$17.50 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 overall stock score is primarily influenced by its financial performance challenges, including high leverage and negative profitability. The technical analysis shows bullish momentum, but the stock is overbought. The earnings call provided a positive outlook despite the battery recall issue. Valuation remains a concern with a negative P/E ratio.
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 providing mass mobility solutions through brands such as New Flyer, MCI, Alexander Dennis, ARBOC, and NFI Parts. The company offers propulsion-agnostic platforms including zero-emission electric, compressed natural gas, electric hybrid, and clean diesel buses and coaches, serving urban transit authorities worldwide with over 100,000 vehicles in service. Its New Flyer subsidiary is North America’s heavy-duty transit bus leader, producing Xcelsior and Xcelsior CHARGE models and offering related charging and mobility infrastructure solutions.
Average Trading Volume: 292,884
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.1B
For a thorough assessment of NFI stock, go to TipRanks’ Stock Analysis page.