NFI Group wins 92 coaches. Eight brokers rate NFI Group stock a Buy.
Published on 10/07/2026 at 05:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNFI Group Inc. announced a contract for 92 MCI D45 CRT commuter coaches from New York City Transit on October 6, 2026, while eight brokerages rated the stock Buy on September 22, 2026. The order enters the company's third-quarter 2026 backlog, giving the latest bus award a direct link to the upcoming reporting period.
New York order expands backlog
According to GlobeNewswire on October 6, 2026, the coaches will replace aging vehicles on New York City express routes and are supported by state, local and Metropolitan Transportation Authority funding.
The 92-coach award is an order-flow signal rather than a reported earnings figure. Its importance is the timing: the contract was added to the third-quarter backlog, so investors will have a further backlog item to assess when NFI reports that period.
Q2 revenue reached USD 1.03 billion
Investing.com reported that NFI's second-quarter 2026 revenue rose 18.60 percent year over year to USD 1.03 billion, while earnings reached USD 17.39 million. The comparison matters because the revenue gain came with a positive earnings figure, giving the order announcement a financial backdrop rather than standing alone.
MarketBeat reported on September 22, 2026 that seven brokerages rated NFI Buy and one rated it Strong Buy. The average 12-month target was CAD 30.50 against a reported opening price of CAD 23.75, a difference of 28.42 percent based on those Canadian-dollar values.
November results set the next test
According to GlobeNewswire, NFI plans to release third-quarter 2026 results on November 5, 2026, after markets close, followed by a conference call on November 6, 2026. That report will show whether the backlog additions are translating into revenue and earnings as the year progresses.
Stock stays at prior close
The prior close at Lang & Schwarz was EUR 15.65 on October 5, 2026. NFI Group's primary listing is the Toronto Stock Exchange, where the finance quote showed a CAD 3.0 billion market capitalization and a CAD 12.50 to CAD 26.40 52-week range as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of NFI Group stock.
NFI Group stock facts
- Company: NFI Group Inc.
- ISIN: CA62910L1022
- Ticker: NFI
- Primary exchange: Toronto Stock Exchange
- Prior close Lang & Schwarz (October 5, 2026): EUR 15.65
- Market capitalization: CAD 3.0 billion (as of October 6, 2026)
- 52-week range: CAD 12.50-26.40 (as of October 6, 2026)
- Sector / Industry: Consumer Cyclical / Auto Manufacturers
- Next earnings date: November 5, 2026
