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

Posted by Brian Himes on Aug 6th, 2026

Blue Bird (NASDAQ:BLBD – Get Free Report) had its price objective boosted by investment analysts at BTIG Research from $80.00 to $95.00 in a research note issued on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. BTIG Research’s target price points to a potential upside of 23.49% from the company’s previous close.

Several other research firms have also issued reports on BLBD. Roth Capital began coverage on Blue Bird in a research report on Thursday, June 25th. They set a “buy” rating and a $94.00 price target on the stock. Zacks Research upgraded shares of Blue Bird from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. 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. Barclays increased their price objective on shares of Blue Bird from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Finally, DA Davidson set a $86.00 target price on Blue Bird in a report on Tuesday, June 9th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.67.

Get Our Latest Report on Blue Bird

Blue Bird Stock Performance

Shares of BLBD stock opened at $76.93 on Thursday. The stock 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. Blue Bird has a one year low of $42.95 and a one year high of $83.39. The company’s 50-day simple moving average is $75.19 and its 200-day simple moving average is $64.81. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.83.

Blue Bird (NASDAQ:BLBD – Get Free Report) last announced 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 return on equity of 53.68% and a net margin of 8.91%.The firm had revenue of $517.16 million during the quarter, compared to analyst estimates of $485.73 million. Equities analysts anticipate that Blue Bird will post 4.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Blue Bird

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its position in Blue Bird by 85.5% during the 2nd quarter. GAMMA Investing LLC now owns 629 shares of the company’s stock worth $50,000 after acquiring an additional 290 shares during the period. Segall Bryant & Hamill LLC acquired a new stake in Blue Bird in the first quarter worth about $2,439,000. Bank of America Corp DE grew its position in Blue Bird by 3.8% in the 1st quarter. Bank of America Corp DE now owns 529,345 shares of the company’s stock valued at $30,062,000 after buying an additional 19,576 shares in the last quarter. Janus Henderson Group PLC increased its stake in Blue Bird by 41.8% during the 1st quarter. Janus Henderson Group PLC now owns 1,102,335 shares of the company’s stock valued at $62,669,000 after buying an additional 324,710 shares during the period. Finally, California State Teachers Retirement System raised its position in shares of Blue Bird by 26.4% during the 1st quarter. California State Teachers Retirement System now owns 38,120 shares of the company’s stock worth $2,165,000 after buying an additional 7,961 shares in the last quarter. 93.59% of the stock is owned by institutional investors.

Key Blue Bird News

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

About Blue Bird

(Get Free Report)

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.