
Wabash National (WNC) Stock Forecast & Price Target
Wabash National (WNC) Analyst Ratings
Bulls say
Wabash National Corp is well-positioned for growth, supported by a 7% year-over-year increase in overall industry trailer production, with notable strength in the platform trailer category. The company experienced a rise in reefer trailer orders and an 8% increase in dry van shipments year-over-year, indicating robust demand across its key segments. Additionally, the positive trajectory in trailer order and shipment metrics reinforces a favorable market environment for Wabash National's diverse product offerings in the transportation solutions sector.
Bears say
Wabash National Corp reported significant declines in order volume, with a 37% year-over-year decrease and a concerning 24% month-over-month reduction, contrary to seasonal expectations for growth. Additionally, the company's backlog in the dry vans category revealed a troubling downtrend, decreasing by 19% year-over-year in October and further by 37% year-over-year in November. Given the context of potential challenges like rising component and labor costs, high absenteeism, and macroeconomic disruptions, these factors collectively contribute to a negative outlook on Wabash National's stock performance.
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
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