Via Transportation price target lowered to $24 from $28 at Goldman Sachs

Goldman Sachs analyst Adam Hotchkiss lowered the firm’s price target on Via Transportation (VIA) to $24 from $28 and keeps a Buy rating on the shares. Via Transportation has a significant long-term growth opportunity driven by expanding product offerings and potential autonomous vehicle applications, with a differentiated public transit data asset positioning it well for gradual AI adoption in the public sector, and despite near-term sentiment pressure from a cautious FY26 EBITDA trajectory and FX considerations, its strong revenue growth, large addressable market, and improving margins support an attractive medium-term valuation outlook, the analyst tells investors in a research note.