Wabtec stock gains 1.55 percent as rail deal lands
Published on 09/29/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wabtec stock (ISIN US9297401088) closed at USD 292.47 on the NYSE on September 28, 2026, gaining 1.55 percent. The company has added a more than USD 700 million rail services agreement in Guinea to its recent growth story.
USD 700 million contract expands reach
According to StockTitan on September 21, 2026, Wabtec signed a multi-year services agreement worth more than USD 700 million for locomotives supporting the Simandou mining project.
The agreement covers maintenance, parts management, logistics, training and remote diagnostics. Combined with earlier locomotive orders, the project value exceeds USD 1.2 billion, giving Wabtec a larger long-term services position in one of Guinea's major rail infrastructure projects.
Q2 revenue rose 17.5 percent
According to Zacks in its Q2 2026 review, adjusted EPS was USD 2.76, up from USD 2.27 in Q2 2025 and above the USD 2.63 consensus. Revenue reached USD 3.18 billion, up 17.5 percent year over year and above the USD 3.08 billion consensus.
The same Q2 2026 review said adjusted operating margin expanded to 21.9 percent from 20.1 percent, while the 12-month backlog increased 11.3 percent to USD 9.14 billion. The figures point to both acquisition support and underlying demand across Wabtec's Freight and Transit businesses.
Raised guidance meets a higher valuation
Zacks reported that Wabtec raised fiscal 2026 adjusted EPS guidance to USD 10.60-10.90 from USD 10.25-10.65. The midpoint therefore increased by USD 0.30, while revenue guidance moved to USD 12.30-12.60 billion from USD 12.19-12.49 billion.
On September 28, 2026, Wabtec had a market capitalization of USD 49.4 billion and traded within a 52-week range of USD 186.06 to USD 306.64. The share price was USD 14.17 below the 52-week high, leaving execution against the raised outlook as the key valuation checkpoint.
Wabtec stock closes at USD 292.47
Wabtec stock closed at USD 292.47 on the NYSE on September 28, 2026, with volume of 789,452 shares and a daily gain of 1.55 percent. The price remains above the 52-week midpoint of USD 246.35, while the Guinea contract and raised guidance provide distinct operating and financial reference points.
Wabtec stock data
- Company: Westinghouse Air Brake Technologies Corporation
- ISIN: US9297401088
- Ticker: WAB
- Trading venue: NYSE
- Closing price (September 28, 2026): USD 292.47
- Market capitalization: USD 49.4 billion (as of September 28, 2026)
- 52-week range: USD 186.06-306.64 (as of September 28, 2026)
- Sector / Industry: Industrials / Railroads
