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Woodward to Exit China Natural Gas Truck Operations

Story Highlights
  • Woodward will wind down its China on-highway natural gas truck business by fiscal 2026, closing a small plant and related roles.
  • The exit will trigger $20–25 million in pre-tax charges, mainly in fiscal 2026, as Woodward sharpens its Industrial segment focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Woodward to Exit China Natural Gas Truck Operations

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An announcement from Woodward ( (WWD) ) is now available.

On January 12, 2026, Woodward approved a plan to wind down its on-highway natural gas truck manufacturing operations in China, following unsuccessful divestiture efforts and limited, inconsistent financial contribution from the business. The move, announced publicly on January 15, 2026, will involve closing a small manufacturing facility and eliminating a limited number of sales, engineering, and product support roles, and is intended to sharpen the strategic focus of the Industrial segment on core transportation, power generation, and oil and gas markets. The wind-down is expected to be substantially completed by the end of fiscal 2026 and will result in estimated cumulative pre-tax charges of $20 million to $25 million, of which $15 million to $20 million will be cash expenditures, primarily recognized and paid in the second and third quarters of fiscal 2026, reflecting a portfolio realignment rather than a retrenchment from Woodward’s broader growth trajectory.

The most recent analyst rating on (WWD) stock is a Buy with a $378.00 price target. To see the full list of analyst forecasts on Woodward stock, see the WWD Stock Forecast page.

Spark’s Take on WWD Stock

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

Woodward’s strong financial performance and strategic corporate actions, such as the share repurchase plan, are the most significant factors driving the score. Positive earnings call sentiment and technical indicators also contribute, though high valuation metrics and potential overbought conditions temper the overall outlook.

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

More about Woodward

Woodward is a global leader in the design, manufacture, and service of energy conversion and control solutions for aerospace and industrial equipment markets, providing fluid, combustion, electrical, propulsion, and motion control systems that operate in harsh environments. Headquartered in Fort Collins, Colorado, the company focuses on delivering energy control solutions for transportation, power generation, and oil and gas applications, and recently reported record sales and earnings in fiscal 2025 driven by strong performance in both its Industrial and Aerospace segments.

Average Trading Volume: 550,707

Technical Sentiment Signal: Buy

Current Market Cap: $19.83B

Find detailed analytics on WWD stock on TipRanks’ Stock Analysis page.

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