Needham & Company increased its price target for Blue Bird Corp. to $86.00 on July 6, 2026. The firm cited the school bus manufacturer's robust margin strength as the primary driver for the upgrade.
Blue Bird recently consolidated its North American operations by acquiring the remaining stake in the Micro Bird joint venture.
The company also raised its fiscal 2026 financial outlook. It now targets approximately $1.75 billion in annual revenue. Adjusted EBITDA is projected to reach roughly $245 million for the year.