Blue Bird (NASDAQ:BLBD) Stock Price Expected to Rise, BTIG Research Analyst Says

Blue Bird (NASDAQ:BLBD) had its target price raised by investment analysts at BTIG Research from $65.00 to $80.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. BTIG Research’s price objective would indicate a potential upside of 12.64% from the company’s previous close.

BLBD has been the subject of a number of other reports. Wall Street Zen lowered shares of Blue Bird from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research lowered shares of Blue Bird from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 6th. Barclays boosted their target price on shares of Blue Bird from $55.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Needham & Company LLC boosted their target price on shares of Blue Bird from $78.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $75.80.

Blue Bird Trading Up 0.3%

Shares of NASDAQ:BLBD opened at $71.02 on Thursday. The company has a market cap of $2.25 billion, a P/E ratio of 17.45, a PEG ratio of 2.63 and a beta of 1.38. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.83 and a quick ratio of 1.21. Blue Bird has a 1 year low of $36.43 and a 1 year high of $81.51. The stock’s fifty day moving average price is $59.10 and its 200-day moving average price is $54.52.

Blue Bird (NASDAQ:BLBD) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The firm had revenue of $352.64 million for the quarter, compared to the consensus estimate of $335.23 million. Blue Bird had a return on equity of 53.68% and a net margin of 8.91%.The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. Sell-side analysts expect that Blue Bird will post 4.52 earnings per share for the current year.

Insiders Place Their Bets

In other Blue Bird news, CFO Razvan Radulescu sold 3,925 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $60.98, for a total transaction of $239,346.50. Following the completion of the sale, the chief financial officer directly owned 42,255 shares in the company, valued at approximately $2,576,709.90. The trade was a 8.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jeffrey Scott Sanfrey sold 5,192 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $58.54, for a total value of $303,939.68. Following the completion of the sale, the chief operating officer owned 39,011 shares of the company’s stock, valued at $2,283,703.94. This trade represents a 11.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Blue Bird

Several hedge funds and other institutional investors have recently modified their holdings of the stock. ProShare Advisors LLC increased its stake in shares of Blue Bird by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 5,793 shares of the company’s stock worth $272,000 after purchasing an additional 372 shares in the last quarter. Brooklyn Investment Group increased its stake in shares of Blue Bird by 8.7% in the 4th quarter. Brooklyn Investment Group now owns 5,208 shares of the company’s stock worth $261,000 after purchasing an additional 417 shares in the last quarter. R Squared Ltd increased its stake in shares of Blue Bird by 11.0% in the 4th quarter. R Squared Ltd now owns 4,464 shares of the company’s stock worth $210,000 after purchasing an additional 443 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Blue Bird by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 67,007 shares of the company’s stock worth $3,856,000 after purchasing an additional 453 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Blue Bird by 210.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 775 shares of the company’s stock worth $36,000 after purchasing an additional 525 shares in the last quarter. 93.59% of the stock is currently owned by hedge funds and other institutional investors.

Key Blue Bird News

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

• Positive Sentiment: Blue Bird posted fiscal Q2 results that beat expectations, with earnings per share of $1.00 versus the $0.88 consensus and revenue of about $352.6 million versus estimates near $335.2 million, signaling better-than-expected demand and execution. Blue Bird earnings report
• Positive Sentiment: Revenue rose 5.9% year over year in the latest quarter, and operating cash flow increased, which supports the view that the business is growing while maintaining a solid balance sheet. Blue Bird stock rises on Q2 2026 earnings
• Positive Sentiment: BTIG and Needham both raised price targets this week and kept buy ratings, with targets moved to $80 and $86, reinforcing a positive Wall Street outlook for the stock. Analyst price target updates
• Neutral Sentiment: Recent analyst coverage still shows Blue Bird as a consensus “Moderate Buy,” and several earnings-call writeups point to confidence in expansion, but these are largely confirmations of the post-earnings momentum rather than new catalysts. Earnings call highlights
• Negative Sentiment: Despite the beat, gross profit and diluted EPS were slightly below the prior year, and higher operating costs plus increased capital spending could temper margin expansion going forward. Blue Bird Q2 results details

About Blue Bird

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.