Blue Bird (NASDAQ:BLBD) Price Target Raised to $91.00

Blue Bird (NASDAQ:BLBD) had its price objective lifted by DA Davidson from $86.00 to $91.00 in a research report report published on Thursday morning,Benzinga reports. DA Davidson currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Wall Street Zen cut shares of Blue Bird from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Roth Capital assumed coverage on Blue Bird in a report on Thursday, June 25th. They set a “buy” rating and a $94.00 price target on the stock. BTIG Research boosted their price target on Blue Bird from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday. Freedom Capital downgraded Blue Bird from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $86.00 price objective on shares of Blue Bird in a research report on Thursday. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $85.50.

Blue Bird Stock Performance

Shares of Blue Bird stock opened at $68.76 on Thursday. The firm’s fifty day simple moving average is $75.12 and its 200-day simple moving average is $64.95. Blue Bird has a 12 month low of $46.14 and a 12 month high of $83.39. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 0.93 and a beta of 1.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.64 and a quick ratio of 1.27.

Blue Bird (NASDAQ:BLBD) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.03. Blue Bird had a net margin of 17.48% and a return on equity of 39.97%. The firm had revenue of $517.16 million during the quarter, compared to analysts’ expectations of $485.73 million. As a group, equities analysts forecast that Blue Bird will post 4.5 earnings per share for the current year.

Institutional Investors Weigh In On Blue Bird

Hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in shares of Blue Bird by 24.6% during the 4th quarter. HighTower Advisors LLC now owns 83,508 shares of the company’s stock worth $3,925,000 after buying an additional 16,501 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in shares of Blue Bird by 279.7% in the 4th quarter. Jefferies Financial Group Inc. now owns 21,540 shares of the company’s stock valued at $1,012,000 after buying an additional 15,867 shares during the period. UBS Group AG boosted its stake in shares of Blue Bird by 161.7% in the fourth quarter. UBS Group AG now owns 277,796 shares of the company’s stock valued at $13,056,000 after buying an additional 171,642 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Blue Bird by 7.1% in the fourth quarter. Vanguard Group Inc. now owns 2,041,085 shares of the company’s stock valued at $95,931,000 after buying an additional 135,562 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Blue Bird by 23.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 506,665 shares of the company’s stock worth $29,767,000 after acquiring an additional 96,793 shares during the period. Institutional investors and hedge funds own 93.59% of the company’s stock.

Key Blue Bird News

Here are the key news stories impacting Blue Bird this week:

• Positive Sentiment: Quarterly results exceeded expectations. Blue Bird reported fiscal Q3 earnings of $1.28 per share, ahead of analyst estimates ranging from $1.22 to $1.25 and up from $1.19 a year earlier. Revenue reached $517.16 million, well above the $485.73 million consensus estimate. Blue Bird Q3 earnings and revenues top estimates
• Positive Sentiment: Revenue outlook was raised or reaffirmed above consensus. Blue Bird provided fiscal 2026 revenue guidance of approximately $1.8 billion, compared with analyst expectations near $1.7 billion. The company’s high profitability, including a reported 17.48% net margin and 53.78% return on equity, further supports the bullish reaction. Blue Bird quarterly earnings report
• Positive Sentiment: Analysts raised their valuation targets. BTIG lifted its price target from $80 to $95, DA Davidson raised its target from $86 to $91 and Needham reaffirmed a Buy rating with an $86 target. These targets imply substantial upside from recent trading levels and indicate continued confidence in Blue Bird’s earnings outlook. Analyst price target updates
• Positive Sentiment: Ford collaboration may strengthen manufacturing capabilities. Blue Bird plans to assemble bus chassis in collaboration with Ford, a move that could support production flexibility and supply-chain efficiency. The financial impact and implementation details remain to be established. Blue Bird to assemble chassis with Ford
• Neutral Sentiment: Short-term trading has been volatile. Coverage also focused on why BLBD shares were falling during part of the session, indicating that some investors may have been digesting the earnings release or taking profits after earlier moves. The broader earnings and analyst news flow remains favorable. Why Blue Bird shares were falling

Blue Bird Company Profile

Blue Bird Corporation (NASDAQ: BLBD) is a leading manufacturer of buses and mass transportation vehicles headquartered in Fort Valley, Georgia. The company’s core business encompasses the design, engineering, and production of school buses and activity buses, with a product lineup that includes conventional (Type C) models, transit-style (Type D) models and specialty configurations for special-needs and activity transport. In recent years, Blue Bird has expanded its offerings to include zero-emission electric school buses, reflecting its commitment to advanced propulsion technologies and environmental sustainability.

Established in 1927, Blue Bird has built a legacy of safety and reliability in student transportation.