Wabtec Completes Acquisition of Evident’s Inspection Division

The latest update is out from Westinghouse Air Brake Technologies ( (WAB) ).

On July 1, 2025, Wabtec Corporation completed the acquisition of Evident’s Inspection Technologies division, a leader in Non-Destructive Testing and Remote Visual Inspection solutions. This strategic acquisition enhances Wabtec’s Digital Intelligence business, doubling its total addressable market to $16 billion and expanding its reach into high-growth markets. The acquisition is expected to accelerate Wabtec’s growth, improve financial metrics, and provide immediate shareholder value.

The most recent analyst rating on (WAB) stock is a Hold with a $185.00 price target. To see the full list of analyst forecasts on Westinghouse Air Brake Technologies stock, see the WAB Stock Forecast page.

Spark’s Take on WAB Stock

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

Westinghouse Air Brake Technologies earns a strong overall score driven by robust financial performance and positive earnings call insights. The company’s strategic international market focus and financial strategies position it well despite valuation challenges and North American market uncertainties.

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

More about Westinghouse Air Brake Technologies

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail industries, as well as the mining, marine, and industrial markets. With a 155-year history, Wabtec aims to revolutionize the rail industry and achieve a sustainable rail system worldwide.

Average Trading Volume: 937,691

Technical Sentiment Signal: Buy

Current Market Cap: $35.54B

For an in-depth examination of WAB stock, go to TipRanks’ Overview page.