Blue Bird (BLBD) Stock Forecast, Price Target & Predictions
BLBD Stock Forecast
Blue Bird stock forecast is as follows: an average price target of $53.50 (represents a 6.53% upside from BLBD’s last price of $50.22) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
BLBD Price Target
The average price target for Blue Bird (BLBD) is $53.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $66.00 to $29.00. This represents a potential 6.53% upside from BLBD's last price of $50.22.
BLBD Analyst Ratings
According to 5 Wall Street analysts, Blue Bird's rating consensus is 'Buy'. The analyst rating breakdown for BLBD stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Blue Bird Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Sherif El-Sabbahy | Bank of America Securities | $66.00 | $48.52 | 36.01% | 31.42% |
| May 24, 2024 | Eric Stine | Craig-Hallum | $65.00 | $55.01 | 18.17% | 29.43% |
| May 22, 2024 | Adam Seiden | Barclays | $43.00 | $54.45 | -21.03% | -14.38% |
| May 20, 2024 | Michael Shlisky | D.A. Davidson | $66.00 | $53.08 | 24.34% | 31.42% |
| May 09, 2024 | Chris Pierce | Needham | $52.00 | $48.27 | 7.73% | 3.54% |
| May 13, 2022 | Craig Irwin | Roth Capital | $29.00 | $13.26 | 118.70% | -42.25% |
The latest Blue Bird stock forecast, released on Aug 08, 2024 by Sherif El-Sabbahy from Bank of America Securities, set a price target of $66.00, which represents a 36.01% increase from the stock price at the time of the forecast ($48.52), and a 31.42% increase from BLBD last price ($50.22).
Blue Bird Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $66.00 | $58.40 |
| Last Closing Price | $50.22 | $50.22 | $50.22 |
| Upside/Downside | -100.00% | 31.42% | 16.29% |
In the current month, the average price target of Blue Bird stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Blue Bird's last price of $50.22. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Needham | Buy | Buy | Hold |
| Aug 09, 2024 | Barclays | Overweight | Overweight | Hold |
| May 24, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 10, 2024 | Barclays | Overweight | Overweight | Hold |
| May 09, 2024 | Needham | Buy | Buy | Hold |
| Apr 23, 2024 | Roth Capital | Buy | Buy | Hold |
| Apr 23, 2024 | Needham | Underperform | Underperform | Hold |
| Aug 18, 2023 | Bank of America Securities | - | Buy | Initialise |
| May 13, 2022 | Roth Capital | Buy | Buy | Hold |
Blue Bird's last stock rating was published by Needham on Sep 10, 2024. The company gave BLBD a "Buy" rating, the same as its previous rate.
Blue Bird Financial Forecast
Blue Bird Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $317.66M | $302.96M | $294.28M | $299.81M | $235.73M | $257.67M | $206.08M | $207.66M | $130.43M | $192.20M | $196.66M | $164.70M | $153.22M | $281.41M | $189.18M | $255.41M | - | $343.53M | $308.77M |
| Avg Forecast | $393.21M | $379.30M | $393.83M | $370.27M | $383.02M | $364.95M | $367.52M | $344.40M | $323.18M | $329.07M | $298.42M | $275.13M | $290.11M | $284.93M | $249.53M | $211.17M | $221.70M | $213.03M | $150.65M | $109.85M | $242.50M | $246.60M | $171.60M | $133.20M | $255.55M | $226.20M | $208.85M | $146.70M | $331.70M | $316.00M |
| High Forecast | $405.68M | $391.33M | $406.32M | $382.02M | $395.18M | $376.53M | $379.18M | $355.32M | $333.44M | $339.51M | $307.88M | $283.86M | $300.00M | $293.97M | $257.45M | $217.87M | $228.73M | $213.03M | $154.75M | $112.84M | $249.10M | $253.31M | $176.27M | $136.83M | $262.51M | $232.36M | $214.54M | $150.69M | $340.73M | $324.60M |
| Low Forecast | $381.46M | $367.97M | $382.06M | $359.21M | $371.58M | $354.05M | $356.55M | $334.11M | $313.53M | $319.24M | $289.50M | $266.91M | $281.00M | $276.42M | $242.08M | $204.86M | $215.08M | $213.03M | $145.63M | $106.19M | $234.42M | $238.39M | $165.88M | $128.76M | $247.04M | $218.67M | $201.89M | $141.81M | $320.65M | $305.47M |
| # Analysts | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | - | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.04% | 1.03% | 1.20% | 1.12% | 1.16% | 0.97% | 1.38% | 1.19% | 0.79% | 0.80% | 0.96% | 1.15% | 1.10% | 0.84% | 1.22% | - | 1.04% | 0.98% |
Blue Bird's average Quarter revenue forecast for Mar 24 based on 0 analysts is $298.42M, with a low forecast of $289.50M, and a high forecast of $307.88M. BLBD's average Quarter revenue forecast represents a -6.06% decrease compared to the company's last Quarter revenue of $317.66M (Dec 23).
Blue Bird EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | - | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $41.44M | $29.17M | $19.42M | $15.82M | $-6.25M | $-22.31M | $5.23M | $-12.57M | $3.79M | $-4.11M | $12.36M | $4.57M | $4.63M | $4.83M | $8.10M | $7.83M | - | $21.95M | $23.78M |
| Avg Forecast | $11.87M | $11.45M | $11.89M | $11.18M | $11.56M | $11.02M | $11.09M | $10.40M | $9.76M | $9.93M | $-15.48M | $8.30M | $8.76M | $8.60M | $-14.07M | $6.37M | $-7.54M | $6.43M | $-15.05M | $-3.11M | $-5.96M | $17.60M | $6.29M | $4.02M | $2.74M | $10.31M | $11.16M | $6.24M | $10.01M | $23.78M |
| High Forecast | $12.25M | $11.81M | $12.26M | $11.53M | $11.93M | $11.37M | $11.45M | $10.73M | $10.06M | $10.25M | $-12.38M | $8.57M | $9.06M | $8.87M | $-11.26M | $6.58M | $-6.03M | $6.43M | $-12.04M | $-2.49M | $-4.77M | $21.11M | $7.54M | $4.13M | $3.29M | $12.37M | $13.39M | $7.49M | $10.29M | $28.54M |
| Low Forecast | $11.51M | $11.11M | $11.53M | $10.84M | $11.22M | $10.69M | $10.76M | $10.09M | $9.46M | $9.64M | $-18.57M | $8.06M | $8.48M | $8.34M | $-16.89M | $6.18M | $-9.05M | $6.43M | $-18.06M | $-3.74M | $-7.15M | $14.08M | $5.03M | $3.89M | $2.19M | $8.25M | $8.93M | $5.00M | $9.68M | $19.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 4.99% | 3.33% | 2.26% | -1.12% | -0.98% | 2.96% | 0.81% | 0.84% | -1.22% | 0.69% | 0.70% | 0.73% | 1.15% | 1.76% | 0.79% | 0.70% | - | 2.19% | 1.00% |
0 analysts predict BLBD's average Quarter EBITDA for Mar 24 to be $-15.48M, with a high of $-12.38M and a low of $-18.57M. This is -137.35% lower than Blue Bird's previous annual EBITDA (Dec 23) of $41.44M.
Blue Bird Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | - | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $26.15M | $18.62M | $9.36M | $5.53M | $-11.36M | $-22.44M | $-4.95M | $-11.03M | $-1.58M | $-6.88M | $4.33M | $-297.00K | $-572.00K | $1.15M | $326.00K | $-350.00K | - | $11.59M | $14.60M |
| Avg Forecast | $37.33M | $41.91M | $42.75M | $42.09M | $32.73M | $32.39M | $29.95M | $27.09M | $21.73M | $17.69M | $-13.74M | $11.11M | $16.19M | $8.30M | $-12.49M | $-10.88M | $-12.62M | $-1.65M | $-13.36M | $-6.01M | $-9.97M | $6.17M | $-851.13K | - | $6.77K | $1.64M | $-910.58K | $-544.05K | $26.75M | $14.60M |
| High Forecast | $38.86M | $43.63M | $44.51M | $43.82M | $34.08M | $33.73M | $31.19M | $28.21M | $23.68M | $18.42M | $-10.99M | $11.72M | $17.88M | $8.64M | $-9.99M | $-10.46M | $-10.09M | $-1.65M | $-10.69M | $-4.81M | $-7.98M | $7.40M | $-680.90K | - | $8.12K | $1.96M | $-728.46K | $-435.24K | $27.70M | $17.52M |
| Low Forecast | $35.88M | $40.28M | $41.09M | $40.45M | $31.46M | $31.13M | $28.79M | $26.04M | $19.50M | $17.00M | $-16.49M | $10.18M | $15.52M | $7.98M | $-14.99M | $-11.33M | $-15.14M | $-1.65M | $-16.03M | $-7.21M | $-11.97M | $4.93M | $-1.02M | - | $5.41K | $1.31M | $-1.09M | $-652.86K | $25.60M | $11.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.35% | 1.15% | 1.13% | -0.44% | 1.04% | 1.78% | 2.99% | 0.83% | 0.26% | 0.69% | 0.70% | 0.35% | - | 170.33% | 0.20% | 0.38% | - | 0.43% | 1.00% |
Blue Bird's average Quarter net income forecast for Mar 24 is $-13.74M, with a range of $-16.49M to $-10.99M. BLBD's average Quarter net income forecast represents a -152.55% decrease compared to the company's last Quarter net income of $26.15M (Dec 23).
Blue Bird SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | - | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $25.60M | $20.83M | $26.33M | $23.20M | $16.83M | $18.65M | $20.50M | $19.86M | $14.69M | $15.49M | $18.07M | $17.36M | $20.50M | $16.06M | $17.79M | $19.86M | - | $28.45M | $21.00M |
| Avg Forecast | $34.74M | $33.51M | $34.80M | $32.71M | $33.84M | $32.24M | $32.47M | $30.43M | $28.55M | $29.07M | $22.47M | $24.31M | $25.63M | $25.17M | $20.42M | $18.66M | $28.42M | $18.82M | $21.84M | $26.85M | $22.47M | $25.72M | $23.87M | $11.77M | $9.10M | $22.65M | $28.30M | $27.67M | $29.31M | $21.00M |
| High Forecast | $35.84M | $34.58M | $35.90M | $33.75M | $34.92M | $33.27M | $33.50M | $31.39M | $29.46M | $30.00M | $26.96M | $25.08M | $26.51M | $25.97M | $24.51M | $19.25M | $34.11M | $18.82M | $26.21M | $32.22M | $26.96M | $30.87M | $28.65M | $12.09M | $10.92M | $27.17M | $33.96M | $33.20M | $30.10M | $25.20M |
| Low Forecast | $33.70M | $32.51M | $33.76M | $31.74M | $32.83M | $31.28M | $31.50M | $29.52M | $27.70M | $28.21M | $17.97M | $23.58M | $24.83M | $24.42M | $16.34M | $18.10M | $22.74M | $18.82M | $17.48M | $21.48M | $17.97M | $20.58M | $19.10M | $11.38M | $7.28M | $18.12M | $22.64M | $22.13M | $28.33M | $16.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.81% | 1.05% | 1.14% | 0.90% | 0.66% | 1.09% | 0.91% | 0.55% | 0.69% | 0.70% | 0.73% | 1.74% | 1.76% | 0.79% | 0.70% | - | 0.97% | 1.00% |
Blue Bird's average Quarter SG&A projection for Mar 24 is $22.47M, based on 0 Wall Street analysts, with a range of $17.97M to $26.96M. The forecast indicates a -12.25% fall compared to BLBD last annual SG&A of $25.60M (Dec 23).
Blue Bird EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | - | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.81 | - | $0.29 | $0.17 | $-0.35 | $-0.70 | $-0.15 | $-0.34 | $-0.06 | $-0.25 | $0.16 | $-0.02 | $-0.02 | $0.44 | $0.05 | $-0.02 | - | $0.44 | $0.55 |
| Avg Forecast | $1.11 | $1.25 | $1.27 | $1.25 | $0.97 | $0.96 | $0.89 | $0.81 | $0.65 | $0.53 | $0.47 | $0.33 | $0.48 | $0.25 | $0.08 | $-0.32 | $0.04 | $-0.05 | $-0.10 | $-0.28 | $0.18 | $0.39 | $0.08 | - | $0.35 | $0.15 | $0.24 | $0.01 | $0.82 | $0.69 |
| High Forecast | $1.15 | $1.30 | $1.32 | $1.30 | $1.01 | $1.00 | $0.93 | $0.84 | $0.70 | $0.55 | $0.49 | $0.35 | $0.53 | $0.26 | $0.09 | $-0.31 | $0.04 | $-0.05 | $-0.10 | $-0.27 | $0.19 | $0.40 | $0.08 | - | $0.36 | $0.16 | $0.25 | $0.02 | $0.85 | $0.71 |
| Low Forecast | $1.07 | $1.20 | $1.22 | $1.20 | $0.93 | $0.93 | $0.86 | $0.77 | $0.58 | $0.51 | $0.45 | $0.30 | $0.46 | $0.24 | $0.08 | $-0.34 | $0.04 | $-0.05 | $-0.10 | $-0.30 | $0.18 | $0.37 | $0.08 | - | $0.33 | $0.14 | $0.23 | $0.01 | $0.79 | $0.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.45% | 0.00% | 1.18% | 2.04% | 1.08% | -17.50% | 3.00% | 3.40% | 0.21% | -1.35% | 0.41% | -0.25% | - | 1.26% | 0.33% | -0.08% | - | 0.53% | 0.80% |
According to 0 Wall Street analysts, Blue Bird's projected average Quarter EPS for Mar 24 is $0.47, with a low estimate of $0.45 and a high estimate of $0.49. This represents a -41.80% decrease compared to BLBD previous annual EPS of $0.81 (Dec 23).
Blue Bird Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PTRA | Proterra | $0.07 | $7.00 | 9900.00% | Hold |
| SEV | Sono Group | $0.21 | $10.00 | 4661.90% | Buy |
| GP | GreenPower Motor Company | $1.63 | $6.00 | 268.10% | Buy |
| PSNY | Polestar Automotive UK | $1.63 | $4.70 | 188.34% | Hold |
| GOEV | Canoo | $1.25 | $3.00 | 140.00% | Buy |
| XPEV | XPeng | $8.97 | $21.19 | 136.23% | Buy |
| LI | Li Auto | $19.12 | $34.81 | 82.06% | Buy |
| HYZN | Hyzon Motors | $2.25 | $2.89 | 28.44% | Hold |
| LVWR | LiveWire Group | $7.04 | $7.50 | 6.53% | Hold |
| BLBD | Blue Bird | $50.22 | $53.50 | 6.53% | Buy |
BLBD Forecast FAQ
Is Blue Bird a good buy?
Yes, according to 5 Wall Street analysts, Blue Bird (BLBD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of BLBD's total ratings.
What is BLBD's price target?
Blue Bird (BLBD) average price target is $53.5 with a range of $29 to $66, implying a 6.53% from its last price of $50.22. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Blue Bird stock go up soon?
According to Wall Street analysts' prediction for BLBD stock, the company can go up by 6.53% (from the last price of $50.22 to the average price target of $53.5), up by 31.42% based on the highest stock price target, and down by -42.25% based on the lowest stock price target.
Can Blue Bird stock reach $80?
BLBD's average twelve months analyst stock price target of $53.5 does not support the claim that Blue Bird can reach $80 in the near future.
What are Blue Bird's analysts' financial forecasts?
Blue Bird's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $1.46B (high $1.51B, low $1.42B), average EBITDA is $44.07M (high $45.47M, low $42.75M), average net income is $122.16M (high $127.2M, low $117.42M), average SG&A $128.99M (high $133.08M, low $125.13M), and average EPS is $3.63 (high $3.78, low $3.49). BLBD's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $1.54B (high $1.59B, low $1.49B), average EBITDA is $46.38M (high $47.85M, low $45M), average net income is $164.06M (high $170.83M, low $157.69M), average SG&A $135.76M (high $140.07M, low $131.71M), and average EPS is $4.88 (high $5.08, low $4.69).
Did the BLBD's actual financial results beat the analysts' financial forecasts?
Based on Blue Bird's last annual report (Sep 2023), the company's revenue was $1.13B, beating the average analysts forecast of $1.04B by 9.37%. Apple's EBITDA was $51.66M, beating the average prediction of $9.66M by 434.69%. The company's net income was $23.81M, beating the average estimation of $1.12M by 2024.22%. Apple's SG&A was $87.19M, missing the average forecast of $89.89M by -3.00%. Lastly, the company's EPS was $0.0007, missing the average prediction of $0.488 by -99.86%. In terms of the last quarterly report (Dec 2023), Blue Bird's revenue was $317.66M, beating the average analysts' forecast of $275.13M by 15.46%. The company's EBITDA was $41.44M, beating the average prediction of $8.3M by 398.99%. Blue Bird's net income was $26.15M, beating the average estimation of $11.11M by 135.47%. The company's SG&A was $25.6M, beating the average forecast of $24.31M by 5.32%. Lastly, the company's EPS was $0.81, beating the average prediction of $0.33 by 145.45%