Citi cut target for Wabtec stock from USD 341.00 to USD 338.00

Published on 10/15/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi cut its target to USD 338.00 on October 8, 2026. Wabtec stock trades at EUR 253.25 on October 15, 2026, with USD 48.4 billion market value.

Analyst target and earnings date

Citi cut its Wabtec target from USD 341.00 to USD 338.00 on October 8, 2026.
Wabtec reported second-quarter revenue of USD 3.18 billion and adjusted earnings per share of USD 2.76.
Wabtec stock traded at EUR 253.25 at 12:48 p.m. CEST at Lang & Schwarz on October 15, 2026.
Wabtec scheduled its third-quarter results for October 21, 2026.

Makrofotografie eines Bremsklotzes und einer Stahlschiene mit Textur — Makroaufnahme von Bremsklotz und Stahlschiene zeigt technisches Detail für Wabtec, ISIN US9297401088, Bahntechnik-Material eindrucksvoll, Illustration mit AI erstellt.

Wabtec (ISIN US9297401088) traded at EUR 253.25 at Lang & Schwarz on October 15, 2026 at 12:48 p.m. CEST. Citi analyst Ben Mohr cut the target from USD 341.00 to USD 338.00 and kept a Buy rating on October 8, 2026, according to Markets Insider.

Citi trims target before results

The target change leaves Citi's valuation above the latest euro quotation but below the firm's earlier USD 341.00 objective. Markets Insider said Citi retained its Buy rating while pointing to the price-cost setup expected for Wabtec's third quarter.

The adjustment came ahead of Wabtec's scheduled third-quarter report. Wabtec said on October 1, 2026, that it will publish results before the U.S. financial markets open on October 21, 2026, followed by a conference call at 8:30 a.m. ET.

What did the last quarter deliver?

Wabtec's second-quarter results provide the operating benchmark for the upcoming release. The company reported revenue of USD 3.18 billion, up 17.5 percent from the prior-year quarter, while adjusted earnings per share reached USD 2.76 versus a USD 2.60 consensus estimate, according to MarketBeat. The comparison shows why the October release is likely to be judged against both growth and execution.

Three dates frame the story

On July 22, 2026, Wabtec reported adjusted earnings per share of USD 2.76; on September 21, 2026, JPMorgan raised its target from USD 315.00 to USD 320.00; on October 1, 2026, Wabtec set October 21, 2026, for third-quarter results. The September target change and the October reporting date came after the company signed a more than USD 700 million rail-services agreement on September 21, 2026, as reported by Business Wire.

Next date for investors

The next substantiated company date is October 21, 2026, when Wabtec is scheduled to report third-quarter results before the U.S. market open. The call is scheduled for 8:30 a.m. ET.

Stock and valuation context

Wabtec's market capitalization was USD 48.4 billion as of October 14, 2026. The company operates across freight rail, transit, mining, industrial and marine transportation equipment and services, while its NYSE listing uses the ticker WAB.

Euro quotation on October 15

Wabtec was trading at EUR 253.25 at Lang & Schwarz on October 15, 2026 at 12:48 p.m. CEST. The quotation is presented without a daily percentage because a dated Xetra closing value was not established.

The further course of trading is shown by the continuously updated real-time quote of Wabtec stock.