Goldman Sachs EV and Battery Stocks: Top 10 Stock Picks

7. Blue Bird Corporation (NASDAQ:BLBD)

Goldman Sachs’ Stake Value: $33.50 million

Number of Hedge Fund Holders: 31

Blue Bird Corporation (NASDAQ:BLBD) is among the Goldman Sachs EV and Battery Stocks.

On February 5, 2026, BofA lifted Blue Bird Corporation (NASDAQ:BLBD)’s price goal to $65 from $62 and retained a Buy rating, noting another set of strong earnings.

On February 5, 2026, Needham boosted Blue Bird Corporation (NASDAQ:BLBD)’s price objective from $70 to $78 while maintaining a Buy rating. The company reported flat revenues, a bottom-line beat, and increased full-year EBITDA projections. Needham pointed out a stronger margin profile and strategic scarcity after recent M&A activity in the North American specialty vehicle industry.

Separately, on February 5, 2026, Barclays boosted Blue Bird Corporation (NASDAQ:BLBD)’s price objective to $55 from $50 and maintained an Overweight rating following the Q1 release. The company’s sales and profits exceeded expectations, and its backlog grew.

On February 4, 2026, the firm announced $333.1 million in fiscal 2026 first-quarter net sales and $30.8 million in GAAP net income, with diluted EPS of $0.94. The corporation made $50.1 million in adjusted EBITDA at a 15% margin and sold 2,135 buses. Revenue climbed by $19.2 million year over year, caused by pricing changes and product mix, whereas bus sales gained 6.8% due to higher average fares. Gross profit climbed by $10.9 million to $71.2 million, as stronger sales offset rising costs. Blue Bird Corporation (NASDAQ:BLBD) delivered 121 electric buses in this period and ended with over 850 EV buses in firm order backlog.

Blue Bird Corporation (NASDAQ:BLBD) designs and manufactures school buses. It operates through the Bus and Parts categories.