Westinghouse Air Brake Technologies

WAB · NYSE

$283.43−$3.31 (−1.15%)TodayMarket closed · Oct 20, 7:34 PM ET

Prev close $286.74

WAB analyst rating

BuyConsensus of 12 analysts over the last 12 months. 83% rate it a buy.

Strong buy0
Buy10
Hold2
Underperform0
Sell0

12-month price target · 15 analysts

Average $337.30 (+19.0% upside)

Low: $294.92
Now: $283.43
High: $372.75

Upgrades and downgrades

The latest rating actions, newest first

WAB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 8, 2026	Maintains	Buy	$341.00 → $338.00	68%
JP Morgan	Sep 21, 2026	Maintains	Neutral	$315.00 → $320.00	53%
Citigroup	Aug 13, 2026	Maintains	Buy	$311.00 → $341.00	68%
JP Morgan	Jul 23, 2026	Maintains	Neutral	$300.00 → $315.00	53%
Stephens & Co.	Jul 23, 2026	Maintains	Overweight	$320.00 → $330.00	65%
Morgan Stanley	Jul 23, 2026	Maintains	Overweight	$318.00 → $355.00	50%
Wells Fargo	Jul 23, 2026	Maintains	Equal-Weight	$284.00 → $315.00	54%
Susquehanna	Jul 23, 2026	Maintains	Positive	$305.00 → $340.00	52%
Keybanc	Jul 23, 2026	Maintains	Overweight	$308.00 → $340.00	61%
Citigroup	Jul 13, 2026	Maintains	Buy	$313.00 → $311.00	68%

The case for and against

Updated Dec 15, 2025

Bull case

Westinghouse Air Brake Technologies Corp (WAB) is poised for growth due to its strategic focus on international markets and the digital intelligence sector, which is expected to enhance organic revenue growth. The company has a robust cash position that should allow it to invest in organic growth initiatives, pursue strategic mergers and acquisitions, and manage its debt effectively. Additionally, a substantial backlog of $22 billion, alongside expectations of significant revenue growth in both the Medium and High-Speed Divisions, supports a positive outlook for WAB's financial performance in the coming years.

Bear case

Westinghouse Air Brake Technologies Corp is witnessing a downward revision in its earnings per share (EPS) estimates for FY25, FY26, and FY27, indicating a potential decline in financial performance. The company faces several investment risks, including the possibility of a global industrial slowdown and deterioration in domestic railcar or locomotive markets, which could adversely impact its revenue generation capabilities. Additionally, factors such as increased international competition and pressure on transit budgets further complicate the financial outlook for Westinghouse Air Brake, contributing to a negative perception of its stock performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.