Westinghouse Air Brake Technologies (WAB) Stock Forecast & Price Target

WAB price $284.49 +2.31 +0.82%

Ticker
WAB
Price
$284.49
Change
+2.31 +0.82%
Market cap ?
$48.05B
P/E ?
34.97
Forward P/E ?
25.92
Dividend yield ?
0.42%
Beta ?
0.92
Sector
Industrials
Industry
Railroads
Stocklytics score
49
Value
32
Quality
52
Growth
64

Stocklytics score rationale: value 32, quality 52, growth 64.

Financials

2016201720182019202020212022202320242025
293118800038817000004363500000820000000075560000007822000000836200000096770000001038700000011167000000

Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational…

Fair value

WAB fair value $296.88. Price $284.49. Price is about fair value.

Above fair value, and more expensive than usual. A larger premium than on 68% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.78B. Growth 7.88%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.34% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 168.91M. Net debt 4.75B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare WAB

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-10—2.67—3.23B
2026-10-212.832.733.12B3.20B
2026-07-222.762.603.18B3.07B
2026-04-222.712.512.95B2.96B
2026-02-112.102.082.96B2.87B
2025-10-222.322.282.89B2.88B
2025-07-241.962.172.71B2.77B
2025-04-232.282.032.61B2.61B
2025-02-121.681.742.58B2.62B
2024-10-232.001.902.66B2.68B
2024-07-241.961.882.64B2.64B
2024-04-241.891.492.50B2.40B
2024-02-141.541.582.53B2.48B
2023-10-251.701.462.55B2.40B
2023-07-271.411.352.41B2.25B
2023-04-261.281.192.19B2.23B
2023-02-151.301.308.36B2.21B
2022-11-011.221.202.08B2.15B
2022-08-051.231.222.05B2.06B
2022-04-271.131.141.93B1.98B
2022-02-161.181.172.07B2.18B
2021-10-271.141.131.91B2.08B
2021-07-291.060.982.01B2.01B
2021-04-290.890.851.83B1.85B
2021-02-180.981.062.02B2.12B
2020-10-290.950.901.87B1.79B
2020-07-280.870.771.74B1.50B
2020-05-040.970.991.93B1.93B
2020-02-181.041.032.37B2.39B
2019-10-311.031.002.00B1.96B
2019-07-301.060.982.24B2.05B
2019-04-251.060.801.59B1.28B
2019-02-250.971.021.12B1.18B
2018-10-300.950.951.08B1.08B
2018-07-240.930.931.11B1.08B
2018-04-240.990.901.06B1.03B
2018-02-200.900.901.08B1.10B
2017-10-240.780.84957.93M914.36M
2017-07-250.800.94932.25M1.10B
2017-04-250.840.82916.03M894.19M

Dividends

Yield 0.41%. Payout ratio 14.69%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 15% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 32 separate years. Yield is 0.4%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-11-17$0.312026-11-172026-12-01Quarterly
2026-08-18$0.312026-08-182026-09-01Quarterly
2026-05-22$0.312026-05-222026-06-03Quarterly
2026-02-17$0.312026-02-172026-03-02Quarterly
2025-11-12$0.252025-11-122025-11-26Quarterly
2025-08-14$0.252025-08-142025-08-28Quarterly
2025-05-27$0.252025-05-272025-06-10Quarterly
2025-02-21$0.252025-02-212025-03-07Quarterly
2024-11-13$0.202024-11-132024-11-27Quarterly
2024-08-14$0.202024-08-142024-08-28Quarterly
2024-05-24$0.202024-05-282024-06-11Quarterly
2024-02-22$0.202024-02-232024-03-08Quarterly
2023-11-14$0.172023-11-152023-11-29Quarterly
2023-08-11$0.172023-08-142023-08-28Quarterly
2023-05-26$0.172023-05-302023-06-09Quarterly
2023-02-23$0.172023-02-242023-03-10Quarterly
2022-11-10$0.152022-11-142022-11-28Quarterly
2022-08-12$0.152022-08-152022-08-29Quarterly
2022-05-19$0.152022-05-202022-05-27Quarterly
2022-02-24$0.152022-02-252022-02-28Quarterly
2021-11-12$0.122021-11-152021-11-29Quarterly
2021-08-12$0.122021-08-132021-08-27Quarterly
2021-05-06$0.122021-05-072021-05-21Quarterly
2021-02-11$0.122021-02-122021-02-26Quarterly
2020-11-12$0.122020-11-132020-11-27Quarterly
2020-08-13$0.122020-08-142020-08-28Quarterly
2020-05-07$0.122020-05-082020-05-22Quarterly
2020-02-06$0.122020-02-072020-02-21Quarterly
2019-11-14$0.122019-11-152019-11-29Quarterly
2019-08-08$0.122019-08-092019-08-23Quarterly
2019-05-09$0.122019-05-102019-05-24Quarterly
2019-02-07$0.122019-02-082019-02-22Quarterly
2018-11-15$0.122018-11-162018-11-30Quarterly
2018-08-09$0.122018-08-102018-08-24Quarterly
2018-05-10$0.122018-05-112018-05-25Quarterly
2018-02-08$0.122018-02-092018-02-23Quarterly
2017-11-10$0.122017-11-132017-11-27Quarterly
2017-08-10$0.122017-08-142017-08-28Quarterly
2017-05-10$0.102017-05-122017-05-26Quarterly
2017-02-08$0.102017-02-102017-02-24Quarterly
2016-11-09$0.102016-11-142016-11-28Quarterly
2016-08-11$0.102016-08-152016-08-29Quarterly
2016-05-11$0.082016-05-132016-05-27Quarterly
2016-02-10$0.082016-02-122016-02-26Quarterly
2015-11-12$0.082015-11-162015-11-30Quarterly
2015-08-13$0.082015-08-172015-08-31Quarterly
2015-05-13$0.062015-05-152015-05-29Quarterly
2015-02-11$0.062015-02-132015-02-27Quarterly
2014-11-12$0.062014-11-142014-11-28Quarterly
2014-08-13$0.062014-08-152014-08-29Quarterly
2014-05-14$0.042014-05-162014-05-30Quarterly
2014-02-12$0.042014-02-142014-02-28Quarterly
2013-11-13$0.042013-11-152013-11-29Quarterly
2013-08-14$0.042013-08-162013-08-30Quarterly
2013-05-15$0.032013-05-172013-05-31Quarterly
2013-02-13$0.032013-02-152013-03-01Quarterly
2012-11-14$0.032012-11-162012-11-30Quarterly
2012-08-15$0.032012-08-172012-08-31Quarterly
2012-05-15$0.012012-05-172012-05-31Quarterly
2012-02-13$0.012012-02-152012-02-29Quarterly
2011-11-14$0.012011-11-162011-11-30Quarterly
2011-08-15$0.012011-08-172011-08-31Quarterly
2011-05-13$0.012011-05-172011-05-31Quarterly
2011-02-10$0.012011-02-142011-02-28Quarterly
2010-11-12$0.012010-11-162010-11-30Quarterly
2010-08-13$0.012010-08-172010-08-31Quarterly
2010-05-13$0.012010-05-172010-05-31Quarterly
2010-02-10$0.012010-02-152010-02-28Quarterly
2009-11-12$0.012009-11-162009-11-30Quarterly
2009-08-13$0.012009-08-172009-08-31Quarterly
2009-05-13$0.012009-05-152009-05-31Quarterly
2009-02-11$0.012009-02-132009-02-28Quarterly
2008-11-12$0.012008-11-142008-11-30Quarterly
2008-08-13$0.012008-08-152008-08-31Quarterly
2008-05-14$0.012008-05-162008-05-31Quarterly
2008-02-13$0.012008-02-152008-02-29Quarterly
2007-11-14$0.012007-11-162007-11-30Quarterly
2007-08-15$0.012007-08-172007-08-31Quarterly
2007-05-15$0.012007-05-172007-05-31Quarterly
2007-02-12$0.012007-02-142007-02-28Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-06Santana RafaelSell259$291.3775.46K
2026-10-06Santana RafaelSell345$292.33100.85K
2026-10-06Santana RafaelSell261$293.3476.56K
2026-10-06Santana RafaelSell222$294.1665.30K
2026-10-05Santana RafaelSell42$287.2412.06K
2026-10-05Santana RafaelSell36$288.1410.37K
2026-10-05Santana RafaelSell33$289.969.57K
2026-10-05Santana RafaelSell278$291.5281.04K
2026-10-05Santana RafaelSell614$292.36179.51K
2026-10-05Santana RafaelSell84$292.9924.61K
2026-09-02Santana RafaelSell370$279.21103.31K
2026-09-02Santana RafaelSell323$280.2190.51K
2026-09-02Santana RafaelSell268$281.1075.33K
2026-09-02Santana RafaelSell126$282.0335.54K
2026-09-01Santana RafaelSell194$278.9354.11K
2026-09-01Santana RafaelSell590$279.87165.12K
2026-09-01Santana RafaelSell194$280.8654.49K
2026-09-01Santana RafaelSell118$281.7433.25K
2026-08-21Mendonca RogerioSell2.91K$297.05864.43K
2026-08-21Mendonca RogerioSell9$296.242.67K
2026-08-20Fetsko MichaelSell2.96K$293.16868.33K
2026-08-20Fetsko MichaelSell288$293.8484.63K
2026-08-17Sbrocco GregorySell952$300.00285.60K
2026-08-05Santana RafaelSell397$296.14117.57K
2026-08-05Santana RafaelSell518$297.05153.87K
2026-08-05Santana RafaelSell194$298.2657.86K
2026-08-05Santana RafaelSell54$298.8516.14K
2026-08-04Santana RafaelSell80$296.4623.72K
2026-08-04Santana RafaelSell120$297.6835.72K
2026-08-04Santana RafaelSell334$298.9099.83K
2026-08-04Santana RafaelSell629$299.70188.51K
2026-07-24DeNinno David LSell3.00K$301.31903.92K
2026-07-24Gebhardt EricSell1.11K$297.39329.21K
2026-07-24Gebhardt EricSell2.04K$298.86609.67K
2026-07-24Gebhardt EricSell2.35K$299.69705.17K
2026-07-24Gebhardt EricSell1.60K$300.49480.79K
2026-07-24Gaur SameerSell1.00K$300.64300.64K
2026-07-07Santana RafaelSell287$254.3473.00K
2026-07-07Santana RafaelSell147$255.6037.57K
2026-07-07Santana RafaelSell189$256.5048.48K
2026-07-07Santana RafaelSell283$258.3773.12K
2026-07-07Santana RafaelSell257$259.1266.59K
2026-07-06Santana RafaelSell815$261.55213.17K
2026-07-06Santana RafaelSell164$262.8143.10K
2026-07-06Santana RafaelSell184$263.6848.52K
2026-07-01Theophilus Nicole BBuy2.19K——
2026-06-12Gaur SameerSell1.08K$263.50285.11K
2026-06-08Santana RafaelSell400$259.66103.86K
2026-06-08Santana RafaelSell299$260.8077.98K
2026-06-08Santana RafaelSell193$261.8150.53K
2026-06-08Santana RafaelSell251$262.8365.97K
2026-06-08Santana RafaelSell20$263.765.28K
2026-06-05Santana RafaelSell546$260.83142.41K
2026-06-05Santana RafaelSell378$261.8598.98K
2026-06-05Santana RafaelSell160$262.9942.08K
2026-06-05Santana RafaelSell79$263.7220.83K
2026-05-13Babcock Beverley ABuy765——
2026-05-13Perez Juan R.Buy765——
2026-05-13Klee Ann R.Buy765——
2026-05-13Hehir BrianBuy765——
2026-05-13Harty Linda SBuy765——
2026-05-13Foster Byron S.Buy765——
2026-05-13BANKS LEE CBuy765——
2026-05-05DeNinno David LSell2.50K$265.48663.69K
2026-05-05Sbrocco GregoryBuy3.73K$263.44981.84K
2026-05-05Sbrocco GregorySell3.73K$263.44981.84K
2026-05-05Sbrocco GregorySell3.73K——
2026-05-05Santana RafaelSell202$263.3453.19K
2026-05-05Santana RafaelSell317$264.2183.75K
2026-05-05Santana RafaelSell300$265.2779.58K
2026-05-05Santana RafaelSell344$266.1291.55K
2026-05-04Santana RafaelSell366$262.3096.00K
2026-05-04Santana RafaelSell310$263.4781.68K
2026-05-04Santana RafaelSell242$264.2963.96K
2026-05-04Santana RafaelSell222$265.7859.00K
2026-05-04Santana RafaelSell23$266.516.13K
2026-04-14Santana RafaelSell826$267.09220.61K
2026-04-14Santana RafaelSell21.22K$268.435.70M
2026-04-14Santana RafaelSell36.41K$269.139.80M
2026-04-14Santana RafaelSell2.39K$269.96646.02K
2026-03-12Trombley GinaSell4.01K$241.87970.62K
2026-03-10Santana RafaelSell235$246.6157.95K
2026-03-10Santana RafaelSell197$247.8348.82K
2026-03-10Santana RafaelSell257$248.6963.91K
2026-03-10Santana RafaelSell260$249.8564.96K
2026-03-10Santana RafaelSell130$250.8132.61K
2026-03-10Santana RafaelSell84$251.6221.14K
2026-03-09Santana RafaelSell140$238.6933.42K
2026-03-09Santana RafaelSell80$239.8719.19K
2026-03-09Santana RafaelSell91$241.2021.95K
2026-03-09Santana RafaelSell234$242.3056.70K
2026-03-09Santana RafaelSell218$243.2553.03K
2026-03-09Santana RafaelSell77$243.9218.78K
2026-03-09Santana RafaelSell75$246.0118.45K
2026-03-09Santana RafaelSell236$246.7958.24K
2026-03-09Santana RafaelSell12$247.572.97K
2026-03-05Santana RafaelBuy32.40K——
2026-03-05Olin John ABuy5.92K——
2026-03-05DeNinno David LBuy3.76K——
2026-03-05Schweitzer PascalBuy3.52K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.21K, holders +29 vs prior quarter. Ownership 93.11%.

HolderSharesChangeChange %Value
FMR LLC21.38M1.66M+8.42%5.77B
BLACKROCK, INC.13.88M137.30K+1.00%3.74B
VANGUARD CAPITAL MANAGEMENT LLC11.08M2.31K+0.02%2.99B
STATE STREET CORP7.91M164.81K+2.13%2.13B
PRICE T ROWE ASSOCIATES INC /MD/7.27M-731.76K-9.14%1.96B
VANGUARD PORTFOLIO MANAGEMENT LLC7.17M12.78K+0.18%1.93B
GEODE CAPITAL MANAGEMENT, LLC4.52M-34.52K-0.76%1.21B
FIL LTD3.53M24.89K+0.71%950.83M
NORDEA INVESTMENT MANAGEMENT AB3.09M-462.67K-13.01%835.54M
INVESCO LTD.2.79M662.86K+31.09%753.45M
MORGAN STANLEY2.49M28.41K+1.15%671.61M
SELECT EQUITY GROUP, L.P.2.42M-502.09K-17.17%652.85M
BOSTON PARTNERS2.02M62.72K+3.21%543.50M
NORGES BANK1.90M1.90MNew511.37M
NORTHERN TRUST CORP1.73M5.99K+0.35%466.71M
DIMENSIONAL FUND ADVISORS LP1.71M-11.09K-0.64%462.16M
WELLINGTON MANAGEMENT GROUP LLP1.67M-839.44K-33.44%450.36M
AMUNDI1.58M482.32K+43.90%426.22M
JPMORGAN CHASE & CO1.52M138.67K+10.04%407.83M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/1.43M-188.01K-11.63%390.46M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC1.42M33.94K+2.44%384.17M
AQR CAPITAL MANAGEMENT LLC1.37M26.80K+1.99%369.59M
VONTOBEL HOLDING LTD.1.23M1.03M+531.51%330.93M
GOLDMAN SACHS GROUP INC1.21M22.58K+1.90%326.14M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.11M-12.11K-1.08%298.57M

Forecast

Consensus Buy from 12 analysts. Average price target $341.25, +20.0% versus the current price. Low $330.00. High $355.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $341.25 for Westinghouse Air Brake Technologies (WAB), 19.5% above the current price of $285.55. Of 12 analysts covering the stock, 10 rate it Buy or Strong Buy, 2 Hold, and 0 Sell or Strong Sell, giving a consensus of Buy.

Forecasts are third-party estimates and often wrong. They are not investment advice.

WAB price target

12-month price target
Low$330.00
Average$341.25
High$355.00

The average is 19.5% above the current price of $285.55.

Is Westinghouse Air Brake Technologies a buy or sell?

Of 12 analysts, 10 rate Westinghouse Air Brake Technologies Buy or Strong Buy, 2 Hold, and 0 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.

Westinghouse Air Brake Technologies earnings and revenue forecast

Analyst averages on file: 2026, EPS $10.98, revenue $12.50 billion. 2027, EPS $12.58, revenue $13.36 billion.

WAB score and fair value

The Stocklytics Score for WAB is 49 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

WAB forecast FAQs

What is the WAB price target?

$341.25 average, with a published range of $330.00 to $355.00.

Is Westinghouse Air Brake Technologies a buy or sell?

The consensus is Buy from 12 analysts. This is not a recommendation.

What is the Westinghouse Air Brake Technologies stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is $10.98. The average revenue estimate is $12.50 billion.

What will WAB be worth in 2030?

No reliable forecast exists that far out.

When is Westinghouse Air Brake Technologies's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.

Westinghouse Air Brake Technologies (WAB) Stock Forecast & Price Target

WAB$284.49+2.31 +0.82%

$48.05B

Market Cap

34.97

P/E

25.92

Forward P/E

49

Score

Price History