BTIG Research Forecasts Strong Price Appreciation for Blue Bird (NASDAQ:BLBD) Stock

Blue Bird (NASDAQ:BLBD) had its price objective increased by BTIG Research from $80.00 to $95.00 in a report released on Thursday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 23.49% from the company’s previous close.

Several other research analysts have also recently issued reports on BLBD. Barclays upped their price target on Blue Bird from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, July 20th. DA Davidson set a $86.00 price target on shares of Blue Bird in a report on Tuesday, June 9th. Wall Street Zen lowered Blue Bird from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Roth Capital assumed coverage on shares of Blue Bird in a research report on Thursday, June 25th. They issued a “buy” rating and a $94.00 target price for the company. Finally, Freedom Capital lowered Blue Bird from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.67.

Blue Bird Price Performance

Shares of NASDAQ BLBD opened at $76.93 on Thursday. Blue Bird has a twelve month low of $42.95 and a twelve month high of $83.39. The company has a current ratio of 1.83, a quick ratio of 1.27 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 1.05 and a beta of 1.36. The firm has a 50-day moving average of $75.19 and a two-hundred day moving average of $64.81.

Blue Bird (NASDAQ:BLBD) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.03. Blue Bird had a net margin of 8.91% and a return on equity of 53.68%. The company had revenue of $517.16 million during the quarter, compared to analyst estimates of $485.73 million. As a group, analysts expect that Blue Bird will post 4.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in shares of Blue Bird by 210.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 775 shares of the company’s stock valued at $36,000 after purchasing an additional 525 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in Blue Bird by 222.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 823 shares of the company’s stock worth $39,000 after buying an additional 568 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Blue Bird by 10,028.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the company’s stock worth $41,000 after buying an additional 702 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Blue Bird during the fourth quarter worth approximately $41,000. Finally, GAMMA Investing LLC boosted its position in shares of Blue Bird by 85.5% in the second quarter. GAMMA Investing LLC now owns 629 shares of the company’s stock valued at $50,000 after acquiring an additional 290 shares during the period. 93.59% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Blue Bird

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

• Positive Sentiment: Blue Bird reported fiscal Q3 revenue of $517.2 million, up $119.1 million year over year and ahead of the roughly $485.7 million analyst consensus. Adjusted earnings were $1.28 per share, exceeding estimates of $1.22-$1.25 and increasing from $1.19 a year earlier. Blue Bird Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Operating momentum was strong: quarterly unit sales rose to 3,525, up 1,058 from the prior year, while nine-month sales reached 7,808 units. Revenue for the first nine months was $1.20 billion, an increase of $132.1 million year over year. Blue Bird Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised or reaffirmed fiscal 2026 revenue expectations at approximately $1.8 billion, above the $1.7 billion consensus forecast. The guidance implies continued demand for Blue Bird’s school buses and supports investor confidence in the company’s growth outlook. Blue Bird Fiscal 2026 Earnings Report
• Positive Sentiment: Blue Bird entered a definitive agreement with Ford to design, manufacture and sell the next generation of F-53 and F-59 commercial stripped chassis. The partnership could diversify Blue Bird’s commercial-vehicle operations and create an additional long-term revenue opportunity. Blue Bird Enters Agreement with Ford

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.