Wabtec (NYSE:WAB) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Wabtec (NYSE:WAB) had its target price upped by research analysts at JPMorgan Chase & Co. from $315.00 to $320.00 in a report issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 10.52% from the company’s current price.

Several other analysts also recently weighed in on the stock. Citigroup lifted their target price on shares of Wabtec from $311.00 to $341.00 and gave the company a “buy” rating in a report on Thursday, August 13th. KeyCorp increased their price target on shares of Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Stephens lifted their price objective on Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Morgan Stanley boosted their target price on Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $313.82.

Wabtec Stock Performance

Shares of WAB opened at $289.54 on Monday. The company’s 50 day simple moving average is $287.86 and its 200-day simple moving average is $269.57. The firm has a market cap of $48.91 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 1.92 and a beta of 0.92. Wabtec has a 12-month low of $186.06 and a 12-month high of $306.64. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44.

Wabtec (NYSE:WAB) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. Wabtec’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, equities analysts predict that Wabtec will post 10.86 EPS for the current year.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $299.04, for a total value of $347,783.52. Following the transaction, the chief executive officer owned 120,588 shares in the company, valued at approximately $36,060,635.52. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Fetsko sold 3,250 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $293.22, for a total value of $952,965.00. Following the completion of the sale, the insider directly owned 37,380 shares of the company’s stock, valued at approximately $10,960,563.60. This represents a 8.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 17,628 shares of company stock valued at $5,220,523. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wabtec

A number of hedge funds and other institutional investors have recently modified their holdings of WAB. Nomura Asset Management Co. Ltd. raised its position in Wabtec by 5.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 85,485 shares of the transportation company’s stock worth $18,247,000 after buying an additional 4,266 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Wabtec by 16.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 925,021 shares of the transportation company’s stock valued at $197,446,000 after purchasing an additional 132,091 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Wabtec during the fourth quarter valued at approximately $2,134,000. Resona Asset Management Co. Ltd. boosted its holdings in Wabtec by 348.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 233,300 shares of the transportation company’s stock worth $62,806,000 after purchasing an additional 181,296 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in Wabtec by 15.0% in the first quarter. Hsbc Holdings PLC now owns 351,769 shares of the transportation company’s stock valued at $87,735,000 after acquiring an additional 45,760 shares during the period. 91.69% of the stock is currently owned by institutional investors.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec signed a more than $700 million, long-term services agreement with La Compagnie du TransGuinéen to maintain and support Evolution Series locomotives serving Guinea’s Simandou mining project. The contract is Wabtec’s largest services agreement in Africa and, combined with locomotive orders announced in 2024, raises its total Simandou-related business to more than $1.2 billion. The recurring services revenue and strategic importance of the 600-kilometer mine-to-port railway are the primary catalysts for the stock. Wabtec and La Compagnie du TransGuinéen Sign a $700 Million plus Rail Services Agreement
• Positive Sentiment: Reports that Kyrgyzstan plans to purchase 10 U.S.-made freight locomotives point to additional international demand for locomotive modernization and could provide another order opportunity for Wabtec. Kyrgyzstan to buy 10 freight locomotives from U.S.
• Positive Sentiment: The Guinea announcement follows Wabtec’s recent earnings momentum: the company exceeded quarterly EPS and revenue expectations, with revenue up 17.5% year over year, while maintaining fiscal 2026 EPS guidance of $10.60 to $10.90.
• Neutral Sentiment: JPMorgan raised its Wabtec price target from $315 to $320 but kept a Neutral rating. The higher target reflects improved expectations, although it also suggests analysts see more limited upside after the stock’s strong advance. Wabtec Price Target Raised to $320.00

Wabtec Company Profile

Westinghouse Air Brake Technologies Corporation, known as Wabtec, is a global provider of equipment, systems, and services for the freight and transit rail industries. The company develops technologies designed to improve the safety, efficiency, reliability, and environmental performance of rail transportation.

Wabtec’s products and services include locomotives and locomotive components, braking systems, rail-control and signaling technologies, digital train-management solutions, and equipment for freight cars and passenger rail vehicles.