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 $147.20 (represents a -12.89% downside from WAB’s last price of $168.98) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

WAB Price Target


The average price target for Westinghouse Air Brake (WAB) is $147.20 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $106.00. This represents a potential -12.89% downside from WAB's last price of $168.98.

WAB Analyst Ratings


Buy

According to 7 Wall Street analysts, Westinghouse Air Brake's rating consensus is 'Buy'. The analyst rating breakdown for WAB stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 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
Apr 25, 2024Steve BargerKeyBanc$185.00$163.3813.23%9.48%
Apr 25, 2024Justin LongStephens$180.00$163.3810.17%6.52%
Jan 11, 2024Saree BoroditskyJefferies$150.00$126.9918.12%-11.23%
Dec 16, 2022Raymond James Raymond JamesRaymond James$115.00$100.1914.78%-31.94%
Dec 14, 2022-Morgan Stanley$106.00$103.862.06%-37.27%
Aug 18, 2022Felix BoeschenRaymond James$103.00$94.838.62%-39.05%
Aug 08, 2022-Morgan Stanley$87.00$93.49-6.94%-48.51%
Aug 08, 2022-Stephens$110.00$94.4216.51%-34.90%
Jul 18, 2022-Morgan Stanley$84.00$83.450.66%-50.29%
May 02, 2022-Morgan Stanley$113.00$91.5923.38%-33.13%
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The latest Westinghouse Air Brake stock forecast, released on Apr 25, 2024 by Steve Barger from KeyBanc, set a price target of $185.00, which represents a 13.23% increase from the stock price at the time of the forecast ($163.38), and a 9.48% increase from WAB last price ($168.98).

Westinghouse Air Brake Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$171.67
Last Closing Price$168.98$168.98$168.98
Upside/Downside-100.00%-100.00%1.59%

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 $168.98. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Apr 25, 2024Cowen & Co.HoldHoldHold
Apr 25, 2024KeyBancOverweightOverweightHold
Apr 25, 2024StephensOverweightOverweightHold
Apr 15, 2024Morgan StanleyOverweightOverweightHold
Jan 11, 2024Jefferies-BuyUpgrade
Oct 26, 2023CFRASellHoldUpgrade
Apr 26, 2023CFRA-SellUpgrade
Dec 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 09, 2022Raymond JamesOutperformOutperformHold
Aug 18, 2022Raymond James-OutperformInitialise
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Westinghouse Air Brake's last stock rating was published by Cowen & Co. on Apr 25, 2024. The company gave WAB a "Hold" rating, the same as its previous rate.

Westinghouse Air Brake Financial Forecast


Westinghouse Air Brake Revenue Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Revenue-------------$2.53B$2.55B$2.41B$2.19B$2.31B$2.08B-$1.93B$2.07B$1.91B$2.01B$1.83B$2.02B$1.87B$1.74B$1.93B$2.37B
Avg Forecast$2.66B$2.98B$3.01B$2.97B$2.83B$2.80B$2.84B$2.78B$2.64B$2.62B$2.67B$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$1.70B$2.04B$2.19B
High Forecast$2.70B$3.03B$3.06B$3.02B$2.88B$2.85B$2.89B$2.83B$2.69B$2.67B$2.72B$2.68B$2.44B$2.51B$2.50B$2.25B$2.16B$2.24B$2.19B$2.06B$2.01B$2.22B$2.11B$1.90B$1.89B$2.08B$1.83B$1.74B$2.07B$2.24B
Low Forecast$2.62B$2.94B$2.97B$2.92B$2.79B$2.76B$2.80B$2.74B$2.60B$2.59B$2.65B$2.60B$2.36B$2.44B$2.34B$2.19B$2.09B$2.17B$2.12B$2.06B$1.94B$2.14B$2.04B$1.83B$1.82B$2.00B$1.77B$1.67B$2.00B$2.16B
# Analysts444443333454248544353646464645
Surprise %-------------1.02%1.06%1.09%1.03%1.04%0.97%-0.97%0.95%0.92%1.08%0.99%0.99%1.04%1.02%0.95%1.08%

Westinghouse Air Brake's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.40B, with a low forecast of $2.36B, and a high forecast of $2.44B. 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

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts444443333454248544353646464645
EBITDA-------------$-320.00M$454.00M$312.00M$356.00M$356.00M$376.00M-$350.00M$382.60M$322.30M$332.20M$310.90M$267.70M$327.70M$266.80M$281.10M$291.50M
Avg Forecast$407.86M$457.34M$462.02M$455.10M$433.95M$430.41M$436.03M$426.60M$405.52M$402.80M$409.91M$404.91M$436.51M$380.92M$369.36M$340.34M$396.82M$338.68M$348.20M$316.89M$360.75M$379.33M$316.54M$305.08M$300.05M$280.70M$313.30M$224.11M$281.10M$294.28M
High Forecast$414.72M$465.04M$469.80M$462.76M$441.25M$437.66M$443.37M$433.79M$412.35M$409.59M$417.67M$411.73M$523.81M$385.51M$383.16M$346.07M$476.19M$344.39M$417.84M$316.89M$432.90M$455.20M$379.85M$366.10M$360.07M$336.83M$375.95M$268.93M$337.32M$353.13M
Low Forecast$401.87M$450.63M$455.24M$448.43M$427.58M$424.10M$429.63M$420.35M$399.57M$396.90M$406.80M$398.97M$349.21M$374.80M$359.84M$335.34M$317.46M$333.72M$278.56M$316.89M$288.60M$303.46M$253.24M$244.07M$240.04M$224.56M$250.64M$179.29M$224.88M$235.42M
Surprise %--------------0.84%1.23%0.92%0.90%1.05%1.08%-0.97%1.01%1.02%1.09%1.04%0.95%1.05%1.19%1.00%0.99%

4 analysts predict WAB's average Quarter EBITDA for Dec 23 to be $380.92M, with a high of $385.51M and a low of $374.80M. This is -16.10% lower than Westinghouse Air Brake's previous annual EBITDA (Sep 23) of $454.00M.

Westinghouse Air Brake Net Income Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts444443333454248544353646464645
Net Income-------------$759.00M$240.00M$325.00M$169.00M$158.00M$160.00M-$149.00M$193.30M$130.60M$124.80M$112.40M$87.90M$128.10M$86.80M$111.60M$135.70M
Avg Forecast$348.81M$392.73M$415.39M$419.76M$402.16M$357.28M$373.12M$381.92M$358.45M$303.50M$332.05M$331.57M$178.68M$277.75M$256.79M$234.75M$162.44M$225.87M$141.09M$216.53M$147.67M$188.57M$128.27M$114.61M$108.48M$92.17M$122.47M$72.91M$111.60M$136.99M
High Forecast$356.45M$401.32M$424.48M$428.95M$410.96M$365.10M$381.28M$390.28M$366.30M$310.14M$339.19M$338.83M$214.42M$284.83M$262.07M$239.89M$194.92M$230.81M$169.31M$216.53M$177.20M$226.29M$153.92M$137.53M$130.17M$110.60M$146.96M$87.49M$133.92M$164.39M
Low Forecast$342.16M$385.24M$407.46M$411.75M$394.49M$350.47M$366.00M$374.64M$351.62M$297.71M$326.70M$325.25M$142.94M$265.37M$246.24M$230.28M$129.95M$221.56M$112.88M$216.53M$118.14M$150.86M$102.61M$91.69M$86.78M$73.73M$97.98M$58.33M$89.28M$109.59M
Surprise %-------------2.73%0.93%1.38%1.04%0.70%1.13%-1.01%1.03%1.02%1.09%1.04%0.95%1.05%1.19%1.00%0.99%

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

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts444443333454248544353646464645
SG&A-------------$296.00M$295.00M$285.00M$263.00M$272.00M$260.00M-$238.00M$263.50M$269.00M$262.10M$235.40M$235.20M$252.70M$216.80M$243.40M$323.70M
Avg Forecast$339.28M$380.44M$384.33M$378.58M$360.98M$358.04M$362.72M$354.87M$337.34M$335.08M$340.99M$336.83M$285.41M$316.87M$307.25M$283.11M$259.46M$281.74M$290.62M$263.61M$235.88M$261.25M$264.20M$240.70M$227.19M$246.62M$241.59M$182.11M$243.40M$326.78M
High Forecast$344.99M$386.85M$390.80M$384.95M$367.06M$364.07M$368.82M$360.85M$343.02M$340.72M$347.44M$342.50M$342.49M$320.69M$318.74M$287.88M$311.36M$286.48M$348.74M$263.61M$283.05M$313.50M$317.04M$288.84M$272.63M$295.94M$289.91M$218.53M$292.08M$392.14M
Low Forecast$334.30M$374.86M$378.70M$373.03M$355.69M$352.79M$357.39M$349.67M$332.39M$330.16M$338.40M$331.89M$228.33M$311.78M$299.34M$278.96M$207.57M$277.60M$232.49M$263.61M$188.70M$209.00M$211.36M$192.56M$181.75M$197.29M$193.27M$145.69M$194.72M$261.43M
Surprise %-------------0.93%0.96%1.01%1.01%0.97%0.89%-1.01%1.01%1.02%1.09%1.04%0.95%1.05%1.19%1.00%0.99%

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

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts444443333454248544353646464645
EPS-------------$4.24$1.34$1.82$0.94$0.87$0.88-$0.80$1.04$0.69$0.66$0.59$0.46$0.67$0.46$0.58$0.71
Avg Forecast$1.98$2.23$2.36$2.38$2.29$2.03$2.12$2.17$2.04$1.72$1.89$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$0.75$0.97$1.06
High Forecast$2.03$2.28$2.41$2.44$2.33$2.07$2.17$2.22$2.08$1.76$1.93$1.93$1.52$1.62$1.49$1.36$1.22$1.31$1.24$1.22$1.15$1.20$1.15$0.98$0.88$1.06$0.93$0.77$1.00$1.09
Low Forecast$1.94$2.19$2.32$2.34$2.24$1.99$2.08$2.13$2.00$1.69$1.86$1.85$1.46$1.51$1.40$1.31$1.17$1.26$1.19$1.22$1.09$1.14$1.10$0.94$0.84$1.01$0.88$0.73$0.95$1.04
Surprise %-------------2.69%0.92%1.36%0.79%0.68%0.73%-0.71%0.89%0.61%0.69%0.69%0.45%0.74%0.61%0.60%0.67%

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 $1.46 and a high estimate of $1.52. 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
GBXGreenbrier Companies$48.07$56.0016.50%Buy
CSXCSX$33.52$37.6312.26%Buy
NSCNorfolk Southern$245.80$271.2210.34%Buy
CNICanadian National Railway Company$118.77$129.428.97%Buy
FSTRL.B. Foster Company$19.86$21.005.74%Hold
CPCanadian Pacific Railway$86.32$87.531.40%Buy
UNPUnion Pacific$249.12$247.56-0.63%Buy
TRNTrinity Industries$31.90$30.00-5.96%Buy
WABWestinghouse Air Brake$168.98$147.20-12.89%Buy

WAB Forecast FAQ


Yes, according to 7 Wall Street analysts, Westinghouse Air Brake (WAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of WAB's total ratings.

Westinghouse Air Brake (WAB) average price target is $147.2 with a range of $106 to $185, implying a -12.89% from its last price of $168.98. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WAB stock, the company can go down by -12.89% (from the last price of $168.98 to the average price target of $147.2), up by 9.48% based on the highest stock price target, and down by -37.27% based on the lowest stock price target.

WAB's average twelve months analyst stock price target of $147.2 does not support the claim that Westinghouse Air Brake can reach $300 in the near future.

Westinghouse Air Brake's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.07B (high $11.25B, low $10.91B), average EBITDA is $1.7B (high $1.73B, low $1.67B), average net income is $1.47B (high $1.5B, low $1.44B), average SG&A $1.41B (high $1.44B, low $1.39B), and average EPS is $8.36 (high $8.54, low $8.2). WAB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.78B (high $11.98B, low $11.61B), average EBITDA is $1.81B (high $1.84B, low $1.78B), average net income is $1.63B (high $1.67B, low $1.6B), average SG&A $1.5B (high $1.53B, low $1.48B), and average EPS is $9.26 (high $9.46, low $9.08).

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 $1.49B by -14.89%. The company's net income was $1.36B, beating the average estimation of $931.73M by 45.86%. Apple's SG&A was $1.14B, missing the average forecast of $1.17B by -2.37%. 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 $380.92M by -184.01%. Westinghouse Air Brake's net income was $759M, beating the average estimation of $277.75M by 173.27%. The company's SG&A was $296M, missing the average forecast of $316.87M by -6.59%. Lastly, the company's EPS was $4.24, beating the average prediction of $1.58 by 168.67%