Blue Bird Boosts Outlook After Strong Q2 2026 Results

Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from Blue Bird ( (BLBD) ) is now available. On May 6, 2026, Blue Bird reported fiscal 2026 second-quarter results showing net sales of $352.6 million, down 1.7% year-on-year due to fewer production days, while GAAP net income rose to $29.3 million and adjusted EBITDA reached a record second-quarter level of $50.8 million, or a 14% margin, on 2,148 buses sold. The company delivered 201 electric buses in the quarter, ended March 28, 2026, built a backlog of more than 900 EV units, integrated its Micro Bird acquisition to broaden its bus portfolio and shuttle market reach, and raised its full-year 2026 guidance to about $1.75 billion in net revenue and $245 million in adjusted EBITDA, reinforcing its trajectory toward roughly $2.5 billion in sales and a 15%+ margin over the longer term. The results also highlighted stronger parts sales and improved profitability despite lower unit volumes, driven by price increases and favorable mix to offset higher inventory costs and tariffs. Management emphasized that the timely closing and earnings contribution of Micro Bird, coupled with record free cash flow and tighter operating expenses after prior-year one-off share-based charges, position Blue Bird for sustained profitable growth and support its more optimistic long-term profit outlook. The most recent analyst rating on (BLBD) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Blue Bird stock, see the BLBD Stock Forecast page. Spark’s Take on BLBD Stock According to Spark, TipRanks’ AI Analyst, BLBD is a Outperform. BLBD scores well on financial performance and the latest earnings call, reflecting a credible profitability/FCF turnaround with raised EBITDA guidance and strong backlog. Technicals are supportive with price above major averages, while valuation is fair but not boosted by a dividend. To see Spark’s full report on BLBD stock, click here. More about Blue Bird Blue Bird Corporation, listed on Nasdaq under the ticker BLBD, is a leading independent designer and manufacturer of school buses, with a particular focus on electric and low-emission models. The company is expanding its portfolio and addressable market through acquisitions such as Micro Bird, enhancing its presence in both traditional school transportation and Buy America–compliant shuttle buses. Average Trading Volume: 379,383 Technical Sentiment Signal: Buy Current Market Cap: $1.99B For an in-depth examination of BLBD stock, go to TipRanks’ Overview page.