Westinghouse Air Brake (WAB) Stock Forecast, Price Target & Predictions


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WAB Stock Forecast


Westinghouse Air Brake stock forecast is as follows: an average price target of $212.50 (represents a 9.45% upside from WAB’s last price of $194.16) 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 $212.50 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 $205.00. This represents a potential 9.45% upside from WAB's last price of $194.16.

WAB Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Justin LongStephens$205.00$187.349.43%5.58%
Oct 21, 2024Bascome MajorsSusquehanna$220.00$191.1515.09%13.31%
Apr 25, 2024Steve BargerKeyBanc$185.00$163.3813.23%-4.72%
Apr 25, 2024Justin LongStephens$180.00$163.3810.17%-7.29%
Jan 11, 2024Saree BoroditskyJefferies$150.00$126.9918.12%-22.74%
Dec 16, 2022Raymond James Raymond JamesRaymond James$115.00$100.1914.78%-40.77%
Dec 14, 2022Morgan Stanley$106.00$103.862.06%-45.41%
Aug 18, 2022Felix BoeschenRaymond James$103.00$94.838.62%-46.95%
Aug 08, 2022Morgan Stanley$87.00$93.49-6.94%-55.19%
Aug 08, 2022Stephens$110.00$94.4216.51%-43.35%
Jul 18, 2022Morgan Stanley$84.00$83.450.66%-56.74%
May 02, 2022Morgan Stanley$113.00$91.5923.38%-41.80%

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 5.58% increase from WAB last price ($194.16).

Westinghouse Air Brake Price Target by Period


1M3M12M
# Anlaysts-25
Avg Price Target-$212.50$188.00
Last Closing Price$194.16$194.16$194.16
Upside/Downside-100.00%9.45%-3.17%

In the current month, the average price target of Westinghouse Air Brake stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Westinghouse Air Brake's last price of $194.16. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024StephensOverweightOverweightHold
Oct 21, 2024SusquehannaPositivePositiveHold
Apr 25, 2024Cowen & Co.HoldHoldHold
Apr 25, 2024KeyBancOverweightOverweightHold
Apr 25, 2024StephensOverweightOverweightHold
Apr 15, 2024Morgan StanleyOverweightOverweightHold
Jan 11, 2024JefferiesBuyUpgrade
Oct 26, 2023CFRASellHoldUpgrade
Apr 26, 2023CFRASellUpgrade
Dec 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 09, 2022Raymond JamesOutperformOutperformHold
Aug 18, 2022Raymond JamesOutperformInitialise
Aug 08, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 08, 2022StephensOverweightOverweightHold
Jul 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2022Morgan StanleyOverweightOverweightHold
Apr 28, 2022Wolfe ResearchPeer PerformUpgrade

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 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$2.95B$2.98B$2.94B$2.78B$2.83B$2.82B$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$3.28B$3.29B$3.23B$2.90B$3.01B$3.05B$3.01B$2.85B$2.89B$2.89B$2.84B$2.67B$2.64B$2.69B$2.64B$2.40B$2.51B$2.50B$2.27B$2.17B$2.26B$2.15B$2.06B$1.98B$2.18B$2.08B$1.87B$1.85B$2.04B$1.80B
Low Forecast$3.15B$3.16B$3.11B$2.78B$2.90B$2.93B$2.89B$2.74B$2.78B$2.78B$2.73B$2.60B$2.62B$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
# Analysts111111111113542248544343545457
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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113542248544343545457
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$538.06M$540.12M$530.44M$475.10M$494.39M$500.04M$493.96M$467.21M$474.15M$473.89M$465.94M$442.22M$441.53M$449.82M$442.62M$436.51M$416.39M$403.75M$372.03M$396.82M$417.26M$330.05M$316.89M$360.75M$334.34M$318.49M$286.62M$300.05M$312.60M$275.94M
High Forecast$550.05M$552.15M$542.26M$485.69M$505.41M$511.18M$504.96M$477.62M$484.71M$484.44M$476.32M$447.36M$443.24M$451.58M$442.62M$523.81M$421.41M$418.85M$380.32M$476.19M$500.72M$330.05M$316.89M$432.90M$334.34M$318.49M$286.62M$360.07M$312.60M$275.94M
Low Forecast$528.78M$530.81M$521.30M$466.91M$485.87M$491.42M$485.44M$459.15M$465.97M$465.72M$457.90M$435.36M$439.83M$448.06M$442.62M$349.21M$409.70M$393.35M$365.62M$317.46M$333.81M$330.05M$316.89M$288.60M$334.34M$318.49M$286.62M$240.04M$312.60M$275.94M
Surprise %-----------------0.77%1.12%0.84%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 $416.39M, with a high of $421.41M and a low of $409.70M. This is -8.28% lower than Westinghouse Air Brake's previous annual EBITDA (Sep 23) of $454.00M.

Westinghouse Air Brake Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113542248544343545457
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$384.92M$438.52M$425.84M$402.04M$370.69M$390.54M$385.04M$355.80M$302.38M$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$455.02M$512.35M$499.81M$411.30M$396.07M$451.22M$438.17M$413.68M$381.42M$401.86M$396.19M$384.85M$311.07M$328.12M$328.00M$214.42M$281.75M$259.24M$238.95M$194.92M$248.92M$218.43M$220.98M$177.20M$205.44M$208.50M$173.48M$130.17M$181.61M$158.98M
Low Forecast$432.30M$486.76M$474.85M$390.77M$376.29M$428.69M$416.29M$393.03M$362.38M$381.79M$376.41M$324.94M$295.43M$327.66M$327.99M$142.94M$262.50M$243.58M$227.01M$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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113542248544343545457
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$383.89M$385.36M$378.46M$338.97M$352.74M$356.77M$352.43M$333.34M$338.29M$338.11M$332.43M$315.51M$315.02M$320.94M$315.80M$285.41M$297.08M$288.07M$265.43M$259.46M$287.37M$274.56M$263.61M$235.88M$278.13M$264.94M$238.42M$227.19M$260.04M$229.54M
High Forecast$392.44M$393.95M$386.89M$346.53M$360.60M$364.71M$360.28M$340.77M$345.83M$345.64M$339.84M$319.18M$316.24M$322.19M$315.80M$342.49M$300.66M$298.84M$271.35M$311.36M$344.85M$274.56M$263.61M$283.05M$278.13M$264.94M$238.42M$272.63M$260.04M$229.54M
Low Forecast$377.27M$378.72M$371.93M$333.13M$346.65M$350.62M$346.35M$327.59M$332.46M$332.28M$326.70M$310.62M$313.81M$319.68M$315.80M$228.33M$292.31M$280.65M$260.86M$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%1.02%1.07%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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113542248544343545457
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$2.21$2.52$2.45$2.31$2.13$2.24$2.21$2.04$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$2.61$2.94$2.87$2.36$2.27$2.59$2.52$2.38$2.19$2.31$2.28$2.21$1.79$1.88$1.88$1.53$1.62$1.49$1.37$1.23$1.32$1.24$1.26$1.12$1.17$1.18$0.99$0.86$1.03$0.90
Low Forecast$2.48$2.80$2.73$2.24$2.16$2.46$2.39$2.26$2.08$2.19$2.16$1.87$1.70$1.88$1.88$1.44$1.51$1.40$1.30$1.17$1.25$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CPCanadian Pacific Railway$73.38$94.5628.86%Buy
CNICanadian National Railway$102.90$125.0021.48%Buy
CSXCSX$32.57$38.5018.21%Buy
UNPUnion Pacific$229.47$268.6717.08%Buy
NSCNorfolk Southern$237.92$276.6716.29%Buy
WABWestinghouse Air Brake$193.23$212.509.97%Buy
TRNTrinity Industries$35.69$35.00-1.93%Buy
GBXGreenbrier Companies$62.78$56.00-10.80%Buy
FSTRL.B. Foster$27.33$21.00-23.16%Hold

WAB Forecast FAQ


Is Westinghouse Air Brake a good buy?

Yes, according to 8 Wall Street analysts, Westinghouse Air Brake (WAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 75.00% of WAB's total ratings.

What is WAB's price target?

Westinghouse Air Brake (WAB) average price target is $212.5 with a range of $205 to $220, implying a 9.45% from its last price of $194.16. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Westinghouse Air Brake stock go up soon?

According to Wall Street analysts' prediction for WAB stock, the company can go up by 9.45% (from the last price of $194.16 to the average price target of $212.5), up by 13.31% based on the highest stock price target, and up by 5.58% based on the lowest stock price target.

Can Westinghouse Air Brake stock reach $300?

WAB's average twelve months analyst stock price target of $212.5 does not support the claim that Westinghouse Air Brake can reach $300 in the near future.

What are Westinghouse Air Brake's analysts' financial forecasts?

Westinghouse Air Brake's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.66B (high $11.92B, low $11.46B), average EBITDA is $1.96B (high $2B, low $1.92B), average net income is $1.65B (high $1.7B, low $1.61B), average SG&A $1.4B (high $1.43B, low $1.37B), and average EPS is $9.48 (high $9.76, low $9.27). WAB's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.42B (high $12.7B, low $12.21B), average EBITDA is $2.08B (high $2.13B, low $2.05B), average net income is $1.83B (high $1.88B, low $1.78B), average SG&A $1.49B (high $1.52B, low $1.46B), and average EPS is $10.49 (high $10.79, low $10.25).

Did the WAB's actual financial results beat the analysts' financial forecasts?

Based on Westinghouse Air Brake's last annual report (Dec 2023), the company's revenue was $9.68B, beating the average analysts forecast of $9.23B by 4.85%. Apple's EBITDA was $1.27B, missing the average prediction of $1.59B by -20.33%. The company's net income was $1.36B, beating the average estimation of $923.43M by 47.17%. Apple's SG&A was $1.14B, beating the average forecast of $1.11B by 2.61%. Lastly, the company's EPS was $7.6, beating the average prediction of $5.57 by 36.56%. In terms of the last quarterly report (Dec 2023), Westinghouse Air Brake's revenue was $2.53B, beating the average analysts' forecast of $2.48B by 1.77%. The company's EBITDA was $-320M, missing the average prediction of $416.39M by -176.85%. Westinghouse Air Brake's net income was $759M, beating the average estimation of $274.75M by 176.25%. The company's SG&A was $296M, missing the average forecast of $297.08M by -0.37%. Lastly, the company's EPS was $4.24, beating the average prediction of $1.58 by 168.67%