Via Transportation (NYSE:VIA) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Posted by George Bondi on Nov 10th, 2026

Via Transportation (NYSE:VIA – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.04, Zacks reports. Via Transportation had a negative net margin of 20.04% and a negative return on equity of 12.33%. The business had revenue of $143.53 million during the quarter.

Here are the key takeaways from Via Transportation’s conference call:

Q3 revenue rose 31% year over year to $144 million, while customers increased 22% to 868. U.S. revenue grew 42%, and annualized revenue per customer reached a record $661,000.
Profitability improved significantly: adjusted EBITDA was negative $3.2 million and adjusted EPS was approximately break-even, with adjusted gross margin at 40.5%. Via expects positive adjusted EBITDA and adjusted net income in Q4, its first profitable quarter on those measures.
The company said its pipeline more than doubled year over year to a record, supported by network deals, schools, and growing adoption of its integrated transit platform; it now has 10 live network deals. Management also cited newly approved U.S. transit ballot measures totaling $30 billion as a potential source of future market opportunities, though timing will vary.
Despite raising full-year revenue guidance to $556.7 million–$558.4 million, Via still expects a full-year adjusted EBITDA loss of $11 million–$12.5 million. Management cited a $5.4 million year-to-date foreign-exchange headwind from the Israeli shekel; it also said Q3 operating cash flow was negative $14.5 million, largely due to collection timing that it expects to reverse.

Via Transportation Price Performance

Shares of NYSE:VIA opened at $42.99 on Tuesday. The business has a fifty day moving average price of $31.45 and a two-hundred day moving average price of $21.54. Via Transportation has a 1 year low of $12.95 and a 1 year high of $52.51. The company has a market capitalization of $3.50 billion, a PE ratio of -37.71 and a beta of 0.90.

Via Transportation News Roundup

Here are the key news stories impacting Via Transportation this week:

Positive Sentiment: Third-quarter revenue increased 31% year over year, and adjusted net loss narrowed significantly. Via reported a loss of $0.19 per share, beating the $0.23 loss analysts expected. Why Via Transportation Stock Rocked the Market Today
Positive Sentiment: Via forecast 2026 revenue of $556.7 million–$558.4 million, above the $551.7 million consensus estimate—an encouraging signal for growth expectations. Via Transportation Provides Earnings Guidance
Neutral Sentiment: Fourth-quarter revenue guidance of $150.0 million–$151.7 million is broadly in line with the $150.6 million analyst consensus, suggesting expectations for the next quarter are largely unchanged. Via Transportation Provides Earnings Guidance
Negative Sentiment: Despite the adjusted-loss improvement and EPS beat, Via still reported a quarterly loss, with a negative net margin and negative return on equity. Continued progress toward sustainable profitability remains important for investors. Via Announces Third Quarter 2026 Results

Wall Street Analyst Weigh In

Several research firms recently weighed in on VIA. Guggenheim boosted their price objective on shares of Via Transportation from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday. Citigroup reiterated a “market outperform” rating on shares of Via Transportation in a report on Tuesday. Oppenheimer raised their target price on shares of Via Transportation from $25.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Morgan Stanley lifted their price objective on shares of Via Transportation from $24.00 to $33.00 and gave the stock an “overweight” rating in a research report on Monday, September 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $35.00 target price on shares of Via Transportation in a research report on Wednesday, October 7th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.75.

Check Out Our Latest Stock Analysis on Via Transportation

Hedge Funds Weigh In On Via Transportation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Essential Partners LLC bought a new stake in shares of Via Transportation in the first quarter worth about $40,000. Assetmark Inc. boosted its holdings in shares of Via Transportation by 89.0% during the 1st quarter. Assetmark Inc. now owns 3,632 shares of the company’s stock valued at $54,000 after acquiring an additional 1,710 shares during the last quarter. Levin Capital Strategies L.P. purchased a new stake in Via Transportation during the first quarter valued at $152,000. Arizona State Retirement System bought a new position in Via Transportation in the second quarter worth approximately $184,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Via Transportation in the first quarter worth about $214,000. 74.40% of the stock is currently owned by hedge funds and other institutional investors.

About Via Transportation

(Get Free Report)

Via Transportation provides technology that helps public agencies, schools and other organizations plan and operate transportation services. Its platform supports tasks such as trip booking, route planning, vehicle dispatch, rider communications and service analysis.

The company’s software is used for a range of services, including on-demand public transit, paratransit, school transportation and employee shuttles. Via also works with transportation providers to coordinate vehicles and connect riders with available services.

Founded in 2012 by Daniel Ramot and Oren Shoval, Via is headquartered in New York City.