Blue Bird (NASDAQ:BLBD) Upgraded at Wall Street Zen

Posted by Geri Gentry on Sep 22nd, 2026

Wall Street Zen upgraded shares of Blue Bird (NASDAQ:BLBD – Free Report) from a hold rating to a buy rating in a research note published on Saturday,Wall Street Zen reports.

Other equities analysts have also issued research reports about the stock. BTIG Research upped their target price on shares of Blue Bird from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Barclays boosted their price target 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. Freedom Capital raised shares of Blue Bird from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Zacks Research raised Blue Bird from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Needham & Company LLC reissued a “buy” rating and set a $86.00 price target on shares of Blue Bird in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $85.33.

Read Our Latest Stock Analysis on BLBD

Blue Bird Stock Performance

Shares of NASDAQ BLBD opened at $58.64 on Friday. Blue Bird has a 12-month low of $46.14 and a 12-month high of $83.39. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 7.13, a price-to-earnings-growth ratio of 0.79 and a beta of 1.36. The company has a current ratio of 1.64, a quick ratio of 0.67 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $67.26 and a 200 day moving average of $66.49.

Blue Bird (NASDAQ:BLBD – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.03. The business had revenue of $517.16 million for the quarter, compared to analysts’ expectations of $485.73 million. Blue Bird had a net margin of 17.48% and a return on equity of 39.97%. On average, research analysts anticipate that Blue Bird will post 4.68 earnings per share for the current year.

Insiders Place Their Bets

In other Blue Bird news, COO Jeffrey Sanfrey sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $62.40, for a total transaction of $249,600.00. Following the sale, the chief operating officer directly owned 35,011 shares in the company, valued at $2,184,686.40. This represents a 10.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BLBD. BlackRock Inc. bought a new stake in shares of Blue Bird in the 2nd quarter worth about $207,493,000. Jupiter Topco LLC bought a new position in Blue Bird during the 2nd quarter valued at about $94,222,000. Bank of America Corp DE purchased a new stake in Blue Bird in the 2nd quarter worth about $63,565,000. Janus Henderson Group PLC lifted its stake in Blue Bird by 41.8% in the first quarter. Janus Henderson Group PLC now owns 1,102,335 shares of the company’s stock worth $62,669,000 after purchasing an additional 324,710 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC purchased a new position in shares of Blue Bird during the second quarter valued at approximately $51,129,758. 93.59% of the stock is owned by hedge funds and other institutional investors.

About Blue Bird

(Get Free Report)

Blue Bird Corporation designs and manufactures school buses for public and private school districts, pupil transportation operators and other organizations. Its product portfolio includes conventional Type C buses, transit-style Type D buses and smaller buses, with powertrain options that include electric, propane and gasoline.

The company also provides replacement parts and support services for its buses through a network of dealers and service locations. Blue Bird emphasizes alternative-fuel and zero-emission transportation solutions, including battery-electric school buses, alongside conventional products.

Founded in 1927, Blue Bird is headquartered in Macon, Georgia.