Roth Capital Raises Target for Blue Bird Corporation to $94

Roth Capital has raised its price target for Blue Bird Corporation (NasdaqGM:BLBD) to $94, as announced on June 25, 2026. Analyst Craig Irwin continues to recommend the stock as a 'buy'. This update comes as Blue Bird's shares traded around $75.37 on Friday.

Blue Bird Corporation Stock Up 33.1%

Shares of Blue Bird Corporation were priced at approximately $75.37 on Friday. The company, which designs and manufactures school buses, has a market capitalization of about $2.5 billion. It boasts a P/E ratio of 19.4 and a forward P/E of 14.2, indicating the market's expectations for future earnings. The stock's 52-week range is between $42.00 and $81.51, with a 50-day moving average of $68.43 and a 200-day moving average of $57.72. Blue Bird has a beta of 1.37, reflecting its volatility compared to the broader market.

Other Institutional Activity in Blue Bird Corporation

Among other institutional investors, BlackRock, Inc. slightly reduced its holdings by 8,516 shares, ending with approximately 2.59 million shares valued at $147.1 million. FMR LLC cut its position by 482,702 shares, bringing its total to about 2.54 million shares worth $144.3 million. American Century Companies Inc. also trimmed its stake by 32,120 shares, holding 1.76 million shares valued at nearly $100 million. Meanwhile, Vanguard Capital Management LLC opened a new position with 1.39 million shares valued at $78.97 million. Janus Henderson Group PLC increased its holdings by 324,710 shares, now holding 1.10 million shares worth $62.67 million.

Recent Earnings

Blue Bird reported revenue of $1.49 billion with a slight decline in growth of 1.7%. The company's net margin stands at 8.9%, and its return on equity (ROE) is 54.5%. The next earnings release is scheduled for August 5, 2026.

Insider Buying and Selling at Blue Bird Corporation

Insider transactions at Blue Bird have been active. On May 19, 2026, Daniel Mark Thau purchased 300 shares at an average price of $65.09. Steve Girardin made several acquisitions on April 1, 2026, including a significant purchase of 2.7 million shares. Jeffrey Scott Sanfrey, the Chief Operating Officer, sold 5,192 shares at an average price of $58.54 on March 4, 2026.

Analysts Set New Price Targets

Roth Capital's Craig Irwin assumed coverage with a 'buy' rating and a $94 target on June 25, 2026. On June 1, 2026, DA Davidson maintained its 'buy' rating with an $86 target. In May, Barclays and Needham also maintained 'buy' ratings with targets of $75 and $86, respectively. The consensus among eight analysts is a 'buy' recommendation with a mean target price of $83.25.

About Blue Bird Corporation

Blue Bird Corporation, headquartered in Macon, Georgia, is a leading manufacturer of school buses. The company, founded in 1927, designs, engineers, and sells Type C, Type D, and specialty buses, offering alternatives like propane, gasoline, compressed natural gas, and electric-powered buses. Blue Bird operates through its Bus and Parts segments, providing bus parts and extended warranties. It sells through a dealer network and directly to fleet operators and governments.

Bottom Line

Roth Capital's increased price target for Blue Bird Corporation reflects optimism in the company's future performance. Investors often track such analyst updates as they provide insights into potential stock movements. It's important to note that these ratings are based on past data and do not predict future performance.