Financial PerformanceManagement reiterated its 2025 adjusted EBITDA guidance of $320-360 million, implying a significant step-up in Q4/25.
Future OutlookAnalyst upgrades NFI Group to Outperform and increases the target price to $23, indicating confidence in future performance.
Market PositionThe setup for NFI's business remains very strong, operating in what is essentially a duopoly for North American bus manufacturing.