Citigroup cuts target to USD 334.00 for Wabtec stock
Published on 10/27/2026 at 14:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings outlook
- Citigroup cut its Wabtec target from USD 338.00 to USD 334.00 on October 22, 2026.
- Third-quarter sales rose 8.10 percent to USD 3.12 billion on October 21, 2026.
- Wabtec stock trades at EUR 251.45 at 2:34 p.m. CET at Lang & Schwarz on October 27, 2026.
- Wabtec will pay a 31-cent dividend on December 1, 2026, to holders of record on November 17, 2026.
Wabtec (ISIN US9297401088) was trading at EUR 251.45 at Lang & Schwarz on October 27, 2026 at 2:34 p.m. CET. The latest analyst action came from Citigroup, which cut its price target from USD 338.00 to USD 334.00 on October 22, 2026, according to MarketBeat.
Third-quarter results reset the debate
Wabtec reported third-quarter 2026 sales of USD 3.12 billion, up 8.10 percent from USD 2.89 billion a year earlier. Adjusted earnings per share rose 22.00 percent to USD 2.83, while GAAP earnings per share increased 33.70 percent to USD 2.42, according to Wabtec on October 21, 2026.
The quarter was mixed on the top line but stronger on profitability. Adjusted operating margin expanded to 22.90 percent from 21.00 percent, and cash from operations reached USD 455.00 million versus USD 367.00 million in the year-ago quarter.
What does the guidance change mean?
Wabtec raised its 2026 adjusted earnings per share guidance to USD 10.85-11.05 from USD 10.60-10.90, lifting the midpoint by USD 0.20. Revenue guidance stayed at USD 12.30-12.60 billion, with the midpoint representing 11.50 percent growth from the prior year, according to Wabtec.
Three dates show the recent sequence
On October 14, 2026, Wabtec declared a quarterly dividend of USD 0.31 per share. On October 21, 2026, it reported USD 3.12 billion in third-quarter sales and raised adjusted earnings guidance. On October 22, 2026, Citigroup lowered its target from USD 338.00 to USD 334.00 while maintaining a buy rating, according to MarketBeat.
Dividend dates remain next
Wabtec's next disclosed shareholder dates are November 17, 2026, the record date for the dividend, and December 1, 2026, the payment date, according to Wabtec.
Margin growth faces the revenue test
The latest figures put the investor focus on conversion rather than sales alone. Wabtec's 22.90 percent adjusted operating margin and USD 8.99 billion 12-month backlog provide measurable support for the higher earnings range, while the unchanged revenue outlook leaves execution and delivery timing as the key counterweight.
Euro quote in the US session
Wabtec was trading at EUR 251.45 at Lang & Schwarz on October 27, 2026 at 2:34 p.m. CET. Its primary listing is on the NYSE, where the finance quote showed USD 278.57 at 9:40 a.m. ET on October 27, 2026.
The further course of trading is shown by the continuously updated real-time quote of Wabtec stock.
Wabtec stock key data
- Company: Westinghouse Air Brake Technologies Corporation
- ISIN: US9297401088
- Ticker: WAB
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 2:34 p.m. CET): EUR 251.45
- Market capitalization: USD 47.1 billion (as of October 27, 2026)
- 52-week range: USD 194.93-306.64 (as of October 27, 2026)
- Sector / Industry: Industrials / Railroads
- Index membership: S&P 500
Market context: Market report S&P 500.
