Westinghouse Air Brake (WAB) Stock Forecast, Price Target & Predictions
WAB Stock Forecast
Westinghouse Air Brake stock forecast is as follows: an average price target of $163.50 (represents a -17.90% downside from WAB’s last price of $199.15) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
WAB Price Target
The average price target for Westinghouse Air Brake (WAB) is $163.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $106.00. This represents a potential -17.90% downside from WAB's last price of $199.15.
WAB Analyst Ratings
According to 8 Wall Street analysts, Westinghouse Air Brake's rating consensus is 'Buy'. The analyst rating breakdown for WAB stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Westinghouse Air Brake Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Justin Long | Stephens | - | - | 9.43% | 2.94% |
| Oct 21, 2024 | Bascome Majors | Susquehanna | - | - | 15.09% | 10.47% |
| Apr 25, 2024 | Steve Barger | KeyBanc | - | - | 13.23% | -7.11% |
| Apr 25, 2024 | Justin Long | Stephens | - | - | 10.17% | -9.62% |
| Jan 11, 2024 | Saree Boroditsky | Jefferies | - | - | 18.12% | -24.68% |
| Dec 16, 2022 | Raymond James Raymond James | Raymond James | - | - | 14.78% | -42.25% |
| Dec 14, 2022 | Morgan Stanley | - | - | 2.06% | -46.77% | |
| Aug 18, 2022 | Felix Boeschen | Raymond James | - | - | 8.62% | -48.28% |
| Aug 08, 2022 | Morgan Stanley | - | - | -6.94% | -56.31% | |
| Aug 08, 2022 | Stephens | - | - | 16.51% | -44.77% |
The latest Westinghouse Air Brake stock forecast, released on Oct 24, 2024 by Justin Long from Stephens, set a price target of $205.00, which represents a 9.43% increase from the stock price at the time of the forecast ($187.34), and a 2.94% increase from WAB last price ($199.15).
Westinghouse Air Brake Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 5 |
| Avg Price Target | $205.00 | $212.50 | $188.00 |
| Last Closing Price | $199.15 | $199.15 | $199.15 |
| Upside/Downside | 2.94% | 6.70% | -5.60% |
In the current month, the average price target of Westinghouse Air Brake stock is $205.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 2.94% increase as opposed to Westinghouse Air Brake's last price of $199.15. This month's average price target is down -3.53% compared to last quarter, and up 9.04% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 21, 2024 | Susquehanna | Positive | Positive | Hold |
| Apr 25, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 25, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Apr 25, 2024 | Stephens | Overweight | Overweight | Hold |
| Apr 15, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jan 11, 2024 | Jefferies | Buy | Upgrade | |
| Oct 26, 2023 | CFRA | Sell | Hold | Upgrade |
| Apr 26, 2023 | CFRA | Sell | Upgrade | |
| Dec 14, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Westinghouse Air Brake's last stock rating was published by Stephens on Oct 24, 2024. The company gave WAB a "Overweight" rating, the same as its previous rate.
Westinghouse Air Brake Financial Forecast
Westinghouse Air Brake Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.53B | $2.55B | $2.41B | $2.19B | $2.31B | $2.08B | $2.05B | $1.93B | $2.07B | $1.91B | $2.01B | $1.83B | $2.02B | $1.87B |
| Avg Forecast | $3.21B | $3.22B | $3.16B | $2.83B | $2.97B | $3.00B | $2.97B | $2.81B | $2.84B | $2.83B | $2.78B | $2.64B | $2.63B | $2.68B | $2.64B | $2.40B | $2.48B | $2.41B | $2.22B | $2.12B | $2.21B | $2.15B | $2.06B | $1.98B | $2.18B | $2.08B | $1.87B | $1.85B | $2.04B | $1.80B |
| High Forecast | $3.27B | $3.28B | $3.22B | $2.88B | $3.02B | $3.06B | $3.02B | $2.86B | $2.89B | $2.88B | $2.84B | $2.68B | $2.65B | $2.69B | $2.64B | $2.40B | $2.51B | $2.50B | $2.26B | $2.16B | $2.25B | $2.15B | $2.06B | $1.98B | $2.18B | $2.08B | $1.87B | $1.85B | $2.04B | $1.80B |
| Low Forecast | $3.16B | $3.17B | $3.11B | $2.79B | $2.92B | $2.96B | $2.92B | $2.77B | $2.79B | $2.79B | $2.74B | $2.60B | $2.61B | $2.67B | $2.64B | $2.40B | $2.44B | $2.34B | $2.18B | $2.09B | $2.17B | $2.15B | $2.06B | $1.98B | $2.18B | $2.08B | $1.87B | $1.85B | $2.04B | $1.80B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.06% | 1.09% | 1.03% | 1.04% | 0.97% | 0.99% | 0.97% | 0.95% | 0.92% | 1.08% | 0.99% | 0.99% | 1.04% |
Westinghouse Air Brake's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.40B, with a low forecast of $2.40B, and a high forecast of $2.40B. WAB's average Quarter revenue forecast represents a -5.11% decrease compared to the company's last Quarter revenue of $2.53B (Dec 23).
Westinghouse Air Brake EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-320.00M | $454.00M | $312.00M | $356.00M | $356.00M | $376.00M | $378.00M | $350.00M | $382.60M | $322.30M | $332.20M | $310.90M | $267.70M | $327.70M |
| Avg Forecast | $541.51M | $543.58M | $533.84M | $478.15M | $501.04M | $507.32M | $500.98M | $474.76M | $478.84M | $478.21M | $470.14M | $446.49M | $444.76M | $452.70M | $445.45M | $436.51M | $419.06M | $406.34M | $374.41M | $396.82M | $417.26M | $330.05M | $316.89M | $360.75M | $334.34M | $318.49M | $286.62M | $300.05M | $312.60M | $275.94M |
| High Forecast | $551.48M | $553.59M | $543.67M | $486.96M | $510.27M | $516.66M | $510.21M | $483.51M | $487.66M | $487.02M | $478.80M | $451.68M | $448.19M | $454.48M | $445.45M | $523.81M | $424.11M | $421.53M | $381.31M | $476.19M | $500.72M | $330.05M | $316.89M | $432.90M | $334.34M | $318.49M | $286.62M | $360.07M | $312.60M | $275.94M |
| Low Forecast | $533.33M | $535.38M | $525.78M | $470.93M | $493.48M | $499.66M | $493.42M | $467.60M | $471.61M | $471.00M | $463.04M | $439.57M | $441.34M | $450.93M | $445.45M | $349.21M | $412.33M | $395.87M | $368.76M | $317.46M | $333.81M | $330.05M | $316.89M | $288.60M | $334.34M | $318.49M | $286.62M | $240.04M | $312.60M | $275.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.76% | 1.12% | 0.83% | 0.90% | 0.85% | 1.14% | 1.19% | 0.97% | 1.14% | 1.01% | 1.16% | 1.04% | 0.86% | 1.19% |
4 analysts predict WAB's average Quarter EBITDA for Dec 23 to be $419.06M, with a high of $424.11M and a low of $412.33M. This is -7.70% lower than Westinghouse Air Brake's previous annual EBITDA (Sep 23) of $454.00M.
Westinghouse Air Brake Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $759.00M | $240.00M | $325.00M | $169.00M | $158.00M | $160.00M | $166.00M | $149.00M | $193.30M | $130.60M | $124.80M | $112.40M | $87.90M | $128.10M |
| Avg Forecast | $442.21M | $497.93M | $485.74M | $399.72M | $390.14M | $445.87M | $432.79M | $410.27M | $372.33M | $392.29M | $386.69M | $357.75M | $302.79M | $327.89M | $327.99M | $178.68M | $274.75M | $254.02M | $232.22M | $162.44M | $207.43M | $213.05M | $215.06M | $147.67M | $205.44M | $197.82M | $168.98M | $108.48M | $181.61M | $158.98M |
| High Forecast | $452.80M | $509.85M | $497.37M | $409.29M | $399.49M | $456.54M | $443.15M | $420.09M | $381.24M | $401.68M | $395.95M | $386.96M | $311.49M | $328.12M | $328.00M | $214.42M | $281.75M | $259.24M | $237.78M | $194.92M | $248.92M | $218.43M | $220.98M | $177.20M | $205.44M | $208.50M | $173.48M | $130.17M | $181.61M | $158.98M |
| Low Forecast | $433.54M | $488.16M | $476.21M | $391.88M | $382.49M | $437.12M | $424.30M | $402.22M | $365.02M | $384.59M | $379.10M | $326.72M | $295.83M | $327.66M | $327.99M | $142.94M | $262.50M | $243.58M | $227.66M | $129.95M | $165.95M | $207.67M | $209.14M | $118.14M | $205.44M | $187.15M | $164.49M | $86.78M | $181.61M | $158.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.76% | 0.94% | 1.40% | 1.04% | 0.76% | 0.75% | 0.77% | 1.01% | 0.94% | 0.66% | 0.74% | 1.04% | 0.48% | 0.81% |
Westinghouse Air Brake's average Quarter net income forecast for Mar 24 is $178.68M, with a range of $142.94M to $214.42M. WAB's average Quarter net income forecast represents a -76.46% decrease compared to the company's last Quarter net income of $759.00M (Dec 23).
Westinghouse Air Brake SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $296.00M | $295.00M | $285.00M | $263.00M | $272.00M | $260.00M | $259.00M | $238.00M | $263.50M | $269.00M | $262.10M | $235.40M | $235.20M | $252.70M |
| Avg Forecast | $382.70M | $384.17M | $377.28M | $337.92M | $354.10M | $358.54M | $354.06M | $335.53M | $338.41M | $337.97M | $332.26M | $315.55M | $314.33M | $319.94M | $314.82M | $285.41M | $296.16M | $287.17M | $264.61M | $259.46M | $287.37M | $274.56M | $263.61M | $235.88M | $278.13M | $264.94M | $238.42M | $227.19M | $260.04M | $229.54M |
| High Forecast | $389.75M | $391.24M | $384.23M | $344.15M | $360.62M | $365.14M | $360.58M | $341.71M | $344.64M | $344.19M | $338.38M | $319.22M | $316.75M | $321.19M | $314.82M | $342.49M | $299.73M | $297.91M | $269.48M | $311.36M | $344.85M | $274.56M | $263.61M | $283.05M | $278.13M | $264.94M | $238.42M | $272.63M | $260.04M | $229.54M |
| Low Forecast | $376.92M | $378.37M | $371.59M | $332.82M | $348.76M | $353.13M | $348.71M | $330.47M | $333.30M | $332.87M | $327.25M | $310.65M | $311.91M | $318.69M | $314.82M | $228.33M | $291.40M | $279.77M | $260.62M | $207.57M | $229.90M | $274.56M | $263.61M | $188.70M | $278.13M | $264.94M | $238.42M | $181.75M | $260.04M | $229.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.08% | 1.01% | 0.95% | 0.95% | 0.98% | 1.01% | 0.95% | 1.02% | 1.10% | 1.04% | 0.90% | 1.10% |
Westinghouse Air Brake's average Quarter SG&A projection for Mar 24 is $285.41M, based on 2 Wall Street analysts, with a range of $228.33M to $342.49M. The forecast indicates a -3.58% fall compared to WAB last annual SG&A of $296.00M (Dec 23).
Westinghouse Air Brake EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.24 | $1.34 | $1.82 | $0.94 | $0.87 | $0.88 | $0.91 | $0.80 | $1.04 | $0.69 | $0.66 | $0.59 | $0.46 | $0.67 |
| Avg Forecast | $2.54 | $2.86 | $2.79 | $2.30 | $2.24 | $2.56 | $2.49 | $2.36 | $2.14 | $2.25 | $2.22 | $2.05 | $1.74 | $1.88 | $1.88 | $1.49 | $1.58 | $1.46 | $1.33 | $1.19 | $1.28 | $1.21 | $1.22 | $1.12 | $1.17 | $1.12 | $0.96 | $0.86 | $1.03 | $0.90 |
| High Forecast | $2.60 | $2.93 | $2.86 | $2.35 | $2.29 | $2.62 | $2.55 | $2.41 | $2.19 | $2.31 | $2.27 | $2.22 | $1.79 | $1.88 | $1.88 | $1.53 | $1.62 | $1.49 | $1.37 | $1.22 | $1.31 | $1.24 | $1.26 | $1.12 | $1.17 | $1.18 | $0.99 | $0.86 | $1.03 | $0.90 |
| Low Forecast | $2.49 | $2.80 | $2.74 | $2.25 | $2.20 | $2.51 | $2.44 | $2.31 | $2.10 | $2.21 | $2.18 | $1.88 | $1.70 | $1.88 | $1.88 | $1.44 | $1.51 | $1.40 | $1.31 | $1.17 | $1.26 | $1.18 | $1.19 | $1.12 | $1.17 | $1.06 | $0.93 | $0.86 | $1.03 | $0.90 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.69% | 0.92% | 1.36% | 0.79% | 0.68% | 0.73% | 0.74% | 0.71% | 0.89% | 0.61% | 0.69% | 0.69% | 0.45% | 0.74% |
According to 2 Wall Street analysts, Westinghouse Air Brake's projected average Quarter EPS for Mar 24 is $1.49, with a low estimate of $1.44 and a high estimate of $1.53. This represents a -64.96% decrease compared to WAB previous annual EPS of $4.24 (Dec 23).
Westinghouse Air Brake Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CNI | Canadian National Railway Company | - | - | 15.70% | Buy |
| CP | Canadian Pacific Railway | - | - | 14.66% | Buy |
| CSX | CSX | - | - | 6.32% | Buy |
| NSC | Norfolk Southern | - | - | 4.14% | Buy |
| UNP | Union Pacific | - | - | 3.19% | Buy |
| TRN | Trinity Industries | - | - | -14.78% | Buy |
| GBX | Greenbrier Companies | - | - | -15.98% | Buy |
| WAB | Westinghouse Air Brake | - | - | -17.90% | Buy |
| FSTR | L.B. Foster Company | - | - | -24.46% | Hold |