BofA is Bullish on Blue Bird Corporation (BLBD)

Blue Bird Corporation (NASDAQ:BLBD) is among the Goldman Sachs EV and Battery Stocks.

On February 5, 2026, BofA lifted Blue Bird Corporation (NASDAQ:BLBD)’s price goal to $65 from $62 and retained a Buy rating, noting another set of strong earnings.

On February 5, 2026, Needham boosted Blue Bird Corporation (NASDAQ:BLBD)’s price objective from $70 to $78 while maintaining a Buy rating. The company reported flat revenues, a bottom-line beat, and increased full-year EBITDA projections. Needham pointed out a stronger margin profile and strategic scarcity after recent M&A activity in the North American specialty vehicle industry.

Separately, on February 5, 2026, Barclays boosted Blue Bird Corporation (NASDAQ:BLBD)’s price objective to $55 from $50 and maintained an Overweight rating following the Q1 release. The company’s sales and profits exceeded expectations, and its backlog grew.

On February 4, 2026, the firm announced $333.1 million in fiscal 2026 first-quarter net sales and $30.8 million in GAAP net income, with diluted EPS of $0.94. The corporation made $50.1 million in adjusted EBITDA at a 15% margin and sold 2,135 buses. Revenue climbed by $19.2 million year over year, caused by pricing changes and product mix, whereas bus sales gained 6.8% due to higher average fares. Gross profit climbed by $10.9 million to $71.2 million, as stronger sales offset rising costs. Blue Bird Corporation (NASDAQ:BLBD) delivered 121 electric buses in this period and ended with over 850 EV buses in firm order backlog.

Blue Bird Corporation (NASDAQ:BLBD) designs and manufactures school buses. It operates through the Bus and Parts categories.

While we acknowledge the potential of BLBD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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