Blue Bird Corporation (BLBD) Stock Rises on Q2 2026 Earnings

Blue Bird Corporation (BLBD) reported second-quarter 2026 results: total revenue was $352.6 million (up 5.9% year-over-year), gross profit was $70.6 million (down 0.8% YoY), operating profit was $39.1 million (up 3.8% YoY), net income attributable to common shareholders was $29.3 million (down 4.7% YoY), and diluted earnings per share was $0.90 (down 4.3% YoY).

Revenue exceeded the consensus estimate of $341.9 million.

Diluted EPS of $0.90 was essentially in line with the estimate of $0.90.

Shares moved 20.7% since market close.

Cash-flow and balance-sheet highlights:

Cash from operating activities: $47.8 million (up 30.6% YoY).

Capital spending (purchases of property, plant and equipment): $7.9 million (up 43.7% YoY).

Cash and cash equivalents: $275.9 million (up 14.1% YoY).

Total liabilities: $391.4 million (up 5.5% YoY).

Margin and outlook notes: cost of sales rose to $282.0 million (up 7.7% YoY), which pressured gross profit despite revenue growth. Key takeaways:

Top-line expansion of 5.9% indicates continued demand momentum.

Operating profit improved modestly, while net income and EPS edged lower year-over-year.

Improved operating cash flow and a stronger cash balance provide flexibility amid higher capital spending and rising liabilities.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Blue Bird Corporation Insider Trading Activity

Blue Bird Corporation insiders have traded $BLBD stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $BLBD stock by insiders over the last 6 months:

PHIL HORLOCK has made 0 purchases and 2 sales selling 15,381 shares for an estimated $775,489.
RAZVAN RADULESCU (Chief Financial Officer) has made 0 purchases and 2 sales selling 14,990 shares for an estimated $763,683.
JEFFREY SCOTT SANFREY (Chief Operating Officer) sold 5,192 shares for an estimated $303,939
DANIEL MARK THAU purchased 400 shares for an estimated $20,420

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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Blue Bird Corporation Hedge Fund Activity

We have seen 140 institutional investors add shares of Blue Bird Corporation stock to their portfolio, and 127 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 863,096 shares (-22.2%) from their portfolio in Q4 2025, for an estimated $40,565,512
JPMORGAN CHASE & CO removed 764,223 shares (-82.5%) from their portfolio in Q4 2025, for an estimated $35,918,481
AMERICAN CENTURY COMPANIES INC added 458,061 shares (+34.3%) to their portfolio in Q4 2025, for an estimated $21,528,867
DRIEHAUS CAPITAL MANAGEMENT LLC removed 317,697 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $14,931,759
ROYAL BANK OF CANADA removed 255,803 shares (-88.3%) from their portfolio in Q4 2025, for an estimated $12,022,741
WESTWOOD HOLDINGS GROUP INC added 235,363 shares (+14.2%) to their portfolio in Q4 2025, for an estimated $11,062,061
UBS GROUP AG removed 188,393 shares (-67.8%) from their portfolio in Q1 2026, for an estimated $10,418,132

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Blue Bird Corporation Analyst Ratings

Wall Street analysts have issued reports on $BLBD in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 02/05/2026
B of A Securities issued a "Buy" rating on 11/25/2025
Needham issued a "Buy" rating on 11/25/2025
DA Davidson issued a "Buy" rating on 11/25/2025

To track analyst ratings and price targets for Blue Bird Corporation, check out Quiver Quantitative's $BLBD forecast page.

Blue Bird Corporation Price Targets

Multiple analysts have issued price targets for $BLBD recently. We have seen 5 analysts offer price targets for $BLBD in the last 6 months, with a median target of $65.0.

Here are some recent targets:

Gregory Lewis from BTIG set a target price of $65.0 on 02/05/2026
Chris Pierce from Needham set a target price of $78.0 on 02/05/2026
Adam Seiden from Barclays set a target price of $55.0 on 02/05/2026
Sherif El-Sabbahy from B of A Securities set a target price of $62.0 on 11/25/2025
Michael Shlisky from DA Davidson set a target price of $76.0 on 11/25/2025