BTIG analyst Gregory Lewis reiterated a Buy rating on Blue Bird yesterday and set a price target of $65.00.
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Gregory Lewis has given his Buy rating due to a combination of factors that highlight Blue Bird’s strong financial performance and strategic growth initiatives. The company reported impressive earnings for the fiscal fourth quarter of 2025, with adjusted EPS and EBITDA surpassing market expectations. This was driven by a significant increase in revenue, primarily from higher bus deliveries and average selling prices, which contributed to a robust top-line growth.
Looking ahead, Blue Bird’s management has reiterated optimistic guidance for fiscal year 2026, projecting substantial revenue and EBITDA margins. The company is expected to benefit from the ongoing school bus replacement cycle and a shift towards alternative-powered buses, despite potential tariff challenges affecting electric vehicle sales. Additionally, Blue Bird’s strategic investments and share repurchase programs indicate a commitment to enhancing shareholder value, supporting the Buy rating with a price target of $65.
According to TipRanks, Lewis is a 5-star analyst with an average return of 11.9% and a 49.49% success rate. Lewis covers the Energy sector, focusing on stocks such as Frontline, DHT Holdings, and Borr Drilling.
In another report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $62.00 price target.