
Wabash National (WNC) Stock Forecast & Price Target
Wabash National (WNC) Analyst Ratings
Bulls say
Wabash National Corporation has demonstrated significant growth potential, as evidenced by a 16% year-over-year increase in reefer trailer orders in August, highlighting robust demand in its Transportation Solutions segment. The company is successfully expanding its Parts & Service and Truck Body sales, and has made strides with its Trailer-as-a-Service model, indicating successful diversification efforts. Furthermore, Wabash has exceeded its margin targets in 2023 while also enhancing production capabilities by adding dry-van capacity at its Lafayette facility, which bodes well for future operational efficiency and profitability.
Bears say
Wabash National Corp is facing significant challenges, as evidenced by a 57% year-over-year decline in the backlog for key dry vans and a 39% drop in total trailer orders in August, which cast doubt on future sales growth. The company’s overall trailer backlog fell 51% year-over-year, with a particularly stark 61% decrease in dry van orders, reflecting a concerning trend in demand across its core products. Additionally, potential competitive pressures from new product innovations may hinder Wabash National's ability to meet sales and earnings expectations moving forward, further contributing to a negative outlook on the stock.
This aggregate rating is based on analysts' research of Wabash National and is not a guaranteed prediction by Public.com or investment advice.
Wabash National (WNC) Analyst Forecast & Price Prediction
Start investing in Wabash National (WNC)
Order type
Buy in
Order amount
Est. shares
0 shares