AEBIAebi Schmidt Holding AG
Aebi Schmidt Holding AG (AEBI) sells hydraulic and interchangeable frame systems for heavy-duty vehicles, with a focus on municipal and infrastructure maintenance fleets. The next catalyst is Nov 12, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to sustain momentum from recent order wins and leverage reduction.
- Aebi Schmidt is a diversified industrial group with a focus on hydraulic systems and vehicle maintenance infrastructure.
- The company has a debt-to-equity ratio of 0.79x and reported revenue of $1.70B in 2026, up 40.6% YoY.
- Free cash flow remains negative at -$96.28M TTM, but net margin improved to 0.6% TTM.
The Read
AEBI's stock surged 8% on strong 2025 earnings and leverage reduction, dipped 38% on bearish guidance, rallied 27% on deleveraging clarity, rose 10% on municipal fleet orders, held steady after beating estimates, then fell 10% due to weak 2026 guidance and cost concerns.
The schedule
- Thu12Nov
This earnings report will test the company's ability to meet or exceed expectations in a volatile market environment, with a focus on its core business performance and guidance for the next fiscal period.
- Thu11Feb
This report will provide further insight into the company's performance in the latter half of the year, with a focus on its ability to sustain growth and manage its debt profile.
- Thu13May
This report will be critical in assessing the company's long-term trajectory, particularly in light of macroeconomic conditions and its ability to adapt to changing market dynamics.
- Thu1Jul
This event will provide insight into the company's strategic direction and may highlight any new initiatives or changes in its business model.
- Mon9Aug
This report will be crucial in assessing the company's ability to maintain its performance trajectory and adapt to ongoing macroeconomic challenges.
Past
- Thu13Aug
Actual outcome: Bear · $12.32 at outcome
AEBI beat earnings expectations with an EPS of $0.14 versus the estimate of $0.14, and reported strong growth in adjusted EBITDA, order intake, and net sales. However, the stock fell 10.0% as the market reacted to weaker-than-expected guidance on 2026/2027 outlook and concerns over cost overruns, which undermined the bullish case and pushed the stock below the bear floor.
- Mon15Jun
Actual outcome: Bull · $13.20 at outcome
AEBI provided a positive update on its North American low-emission municipal fleet orders, confirming new contract wins and strong ongoing demand. The stock rallied 4.7% as these developments reassured investors about the company's revenue pipeline and successful execution in the municipal sector.
- Wed15Apr
Actual outcome: Bull · $12.14 at outcome
Management successfully reaffirmed its commitment to maintaining leverage below 3.0x and provided a concrete roadmap for margin expansion through 2027. This clarity on free cash flow generation and debt reduction targets eased balance sheet concerns, driving the stock past the $11.00 bull target as investors gained confidence in the company's long-term financial stability.
- Fri20Mar
Actual outcome: Bear · $9.59 at outcome
Price reached or fell below bear floor ($13.00) at outcome date.
- Thu12Feb
Actual outcome: Bull · $15.39 at outcome
AEBI delivered results that validated the core bull case expectations, specifically confirming strong progress on margin recovery and successfully achieving the critical year-end 2025 leverage target of below 3.0x. This fundamental confirmation justified the high valuation, leading the stock to clear the $15.00 bull target shortly after the report, despite the initial muted reaction on the outcome date. The price clearing $15.51 by the run date confirms the market absorbed the news positively.