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DA Davidson Maintains A Buy Rating On Blue Bird Corporation (BLBD)

Blue Bird Corporation (NASDAQ:BLBD is among 10 Best EV Stocks to Buy Heading into 2026

On November 25, 2025, TheFly reported that DA Davidson maintained a buy rating on Blue Bird Corporation (NASDAQ:BLBD) shares and boosted the price goal to $76 from $70. The analyst informs investors in a research note that the company’s Q1 outlook was far ahead of expectations and that revenues and EBITDA exceeded the firm’s predictions and consensus. The firm’s FY26 forecast was maintained as a whole, although it clearly shows the management’s signature conservatism, as the firm stated.

In the last quarter, Blue Bird Corporation (NASDAQ:BLBD) reported net revenue of $409 million, an improvement of 17% year-on-year, with bus net revenue of $384 million and average bus revenue per unit of $153,000. Sales of EVs climbed by 149 units from the previous year to 233 units in Q4. Adjusted EBITDA for the fourth quarter was $68 million, up 64% over the previous year. The quarter’s gross margin was 21%, or 4.1 percentage points better than the previous year, as a result of consistent operational success and pricing outpacing inflationary costs, including tariff effects.

The management reiterated its fiscal 2026 forecast, keeping revenue at $1.5 billion at the halfway point and unit volume at 9,500. Furthermore, with a stated range of $210 million to $230 million and margins between 14.5% and 15%, the business maintained its adjusted EBITDA estimate at $220 million, or a 14.7% margin. The guidance was issued following the record fiscal 2025 performance.

Blue Bird Corporation (NASDAQ:BLBD) is an American firm that makes buses. It is a school bus design and manufacturing company that operates independently.

While we acknowledge the risk and potential of BLBD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BLBD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None

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