Citi cuts Wabtec stock target from USD 338.00 to USD 334.00
Published on 10/25/2026 at 14:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuidance and target reset
- Citi lowered its Wabtec target to USD 334.00 from USD 338.00 on October 22, 2026.
- Third-quarter adjusted operating margin reached 22.90 percent after sales rose 8.10 percent.
- Wabtec stock was last quoted at EUR 245.30 on Tradegate on October 23, 2026.
- Wabtec will pay a USD 0.31 quarterly dividend on December 1, 2026.
Wabtec Corporation (ISIN US9297401088) became the subject of a lower Citi target after its third-quarter report. Markets Insider reported on October 22, 2026, that Citi cut its Wabtec target from USD 338.00 to USD 334.00 while retaining a Buy rating.
Third-quarter figures set the tone
Wabtec reported third-quarter sales of USD 3.12 billion on October 21, 2026, up 8.10 percent from the year-ago quarter. The company also delivered GAAP earnings per diluted share of USD 2.42 and adjusted earnings per diluted share of USD 2.83, up 22.00 percent year over year, according to Wabtec.
The report also raised the full-year 2026 adjusted earnings outlook to USD 10.85-11.05 per share from USD 10.60-10.90. Revenue guidance stayed at USD 12.30-12.60 billion, with the midpoint representing 11.50 percent growth from the prior year.
What do the margins mean?
The operating figures give investors a second way to read the guidance increase. Third-quarter GAAP operating margin was 20.00 percent, while adjusted operating margin reached 22.90 percent, an improvement of 1.90 percentage points from the prior-year quarter. Wabtec said productivity, product mix and lower operating expenses supported the expansion, while tariffs remained a cost pressure.
Three dated signals for Wabtec
On October 14, 2026, Wabtec declared a USD 0.31 quarterly dividend. On October 21, 2026, it reported USD 455 million in third-quarter operating cash flow. On October 22, 2026, Markets Insider detailed Citi's USD 4.00 target reduction.
Dividend dates are next
The next two dated corporate events are November 17, 2026, the record date for the quarterly dividend, and December 1, 2026, the payment date, both specified in Wabtec's October 14 announcement.
Stock context after the report
The last available euro quotation stood at EUR 245.30 on Tradegate on October 23, 2026 at 5:14 p.m. CEST. The primary listing is on the NYSE, where Wabtec closed at USD 272.35 on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of Wabtec stock.
Wabtec stock facts
- Company: Westinghouse Air Brake Technologies Corporation
- ISIN: US9297401088
- Ticker: WAB
- Primary exchange: NYSE
- Last euro quotation: EUR 245.30 on October 23, 2026 at 5:14 p.m. CEST on Tradegate
- Market capitalization: USD 46.0 billion as of October 23, 2026
- 52-week range: USD 194.93-306.64 as of October 23, 2026
- Sector / Industry: Industrials / Railroads
- Index membership: S&P 500
Market context: Market report S&P 500.
