WABWestinghouse Air Brake Technologies Corporation
Westinghouse Air Brake Technologies Corporation (WAB) sells industrial braking systems, rail transit solutions, and automation technologies for freight and passenger rail, mining, and energy sectors. The next catalyst is Oct 21, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to sustain revenue growth and margin expansion amid rising input costs and supply chain volatility.
- Revenue growth of 7.5% YoY in 2026 suggests continued traction in core markets, though margins face pressure from raw material inflation.
- Free cash flow of $1.63B TTM reflects strong operational discipline, but debt-to-equity of 0.61x indicates a cautious balance sheet.
- Net margin of 12.0% TTM is solid for the sector, but may narrow if pricing power is constrained by global demand cycles.
The schedule
- Wed21Oct
This event is the Q3 2026 earnings release, which will provide insight into the company's financial performance and potential guidance on freight demand and backlog utilization. The release is expected to have a significant impact on the stock price due to its importance in assessing the company's operational and financial health. Investors will be closely watching for any updates on demand trends and how effectively the company is managing its backlog. The target price of $300 reflects a positive outlook, while the fallback price of $260 serves as a cautionary level in case the results fall short of expectations.
- Tue9Feb
This event is the Q4 2026 earnings release, which will offer updates on the company's financial results and potential information on order backlogs and capital expenditures. The release is a key event that can significantly influence the stock price, as it provides a comprehensive view of the company's performance and strategic direction. Investors will be looking for details on how the company is managing its order backlogs and its plans for future capital investments. The target price of $310 reflects a positive outlook, while the fallback price of $250 is a level to consider if the results are less than anticipated.
- Wed21Apr
This event is the Q1 2027 earnings release, which will provide insight into the company's financial performance and potential guidance on freight demand and backlog utilization. The release is expected to have a significant impact on the stock price due to its importance in assessing the company's operational and financial health. Investors will be closely watching for any updates on demand trends and how effectively the company is managing its backlog. The target price of $320 reflects a positive outlook, while the fallback price of $240 serves as a cautionary level in case the results fall short of expectations.
- Wed28Jul
This event is the Q2 2027 earnings release, which will offer updates on the company's financial results and potential information on order backlogs and capital expenditures. The release is a key event that can significantly influence the stock price, as it provides a comprehensive view of the company's performance and strategic direction. Investors will be looking for details on how the company is managing its order backlogs and its plans for future capital investments. The target price of $330 reflects a positive outlook, while the fallback price of $230 is a level to consider if the results are less than anticipated.
Past
- Wed22Jul
Actual outcome: Bull · $303.74 at outcome
Wabtec reported strong Q2 2026 results, beating revenue and earnings estimates with adjusted EPS of $2.76, up 21.6% year-over-year. The stock rallied well past the bull target as the company raised its full-year outlook, citing broad revenue growth, margin expansion, and a robust multi-year backlog across its freight and transit segments.
Wabtec reported strong Q2 2026 results, beating revenue and earnings estimates with adjusted EPS of $2.76, up 21.6% year-over-year. The stock rallied well past the bull target as the company raised its full-year outlook, citing broad revenue growth, margin expansion, and a robust multi-year backlog across its freight and transit segments.
- Thu19Feb
Actual outcome: Bull · $256.03 at outcome
Wabtec exceeded Q4 earnings and revenue estimates with a 25% jump in adjusted EPS and 14.8% sales growth, while providing 2026 guidance that surpassed analyst forecasts. The stock's bullish trajectory was driven by this strong operational performance in the Freight segment, the strategic finalization of the Dellner Couplers acquisition, and a significant 24% dividend hike that signaled long-term financial strength.
Wabtec exceeded Q4 earnings and revenue estimates with a 25% jump in adjusted EPS and 14.8% sales growth, while providing 2026 guidance that surpassed analyst forecasts. The stock's bullish trajectory was driven by this strong operational performance in the Freight segment, the strategic finalization of the Dellner Couplers acquisition, and a significant 24% dividend hike that signaled long-term financial strength.
- Fri13Feb
Actual outcome: Bull · $264.78 at outcome
WAB reported EPS actual of 1.19, matching the estimate, and provided positive full-year guidance for 2026. The stock rallied due to strong forward-looking guidance and strategic initiatives that signaled long-term growth potential, despite the EPS beat being minimal.
WAB reported EPS actual of 1.19, matching the estimate, and provided positive full-year guidance for 2026. The stock rallied due to strong forward-looking guidance and strategic initiatives that signaled long-term growth potential, despite the EPS beat being minimal.