Wabtec stock gains as a $700 million rail deal lifts outlook

Published on 09/23/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wabtec stock closed at USD 283.38 on September 22, 2026, after a $700 million services agreement. Quarterly revenue rose 17.5 percent to USD 3.18 billion.

Fotorealistische Diesellokomotive mit Güterwaggons auf Gleisanlage, Bahntechnik-Motiv — Dieses fotorealistische Bild zeigt eine Diesellokomotive mit Güterwaggons, passend zu Wabtec, ISIN US9297401088, Bahntechnik, Illustration mit AI erstellt.

Wabtec Corporation (US9297401088) closed at USD 283.38 on the NYSE on September 22, 2026, up 1.12 percent from USD 280.23. The move followed a more than USD 700 million rail services agreement announced for Guinea's Simandou mining project.

Services deal adds long-term revenue

According to Business Wire on September 23, 2026, Wabtec signed a more than USD 700 million long-term services agreement with La Compagnie du TransGuineen to support new Evolution Series locomotives.

The contract covers a fleet serving the Simandou project and extends Wabtec's service exposure beyond the initial locomotive sale. According to Pittsburgh Business Journal on September 22, 2026, the company has secured more than USD 1.2 billion in agreements connected with the Guinean rail project when earlier contracts are included.

Quarterly figures beat consensus

Wabtec reported quarterly revenue of USD 3.18 billion for the latest reported quarter, up 17.5 percent from the year-earlier period. EPS was USD 2.76, compared with a consensus estimate of USD 2.60, a USD 0.16 beat, while revenue exceeded the USD 3.07 billion estimate by USD 110 million, according to MarketBeat on September 23, 2026.

The same report identified fiscal 2026 EPS guidance of USD 10.60 to USD 10.90. That range gives the Guinea contract a measurable earnings backdrop, although the reported quarter's revenue growth and the full-year guidance cover different time periods.

Stock remains below yearly high

The September 22 close stood USD 23.26 below the 52-week high of USD 306.64 and USD 97.32 above the 52-week low of USD 186.06. Market capitalization was USD 47.866 billion and volume reached 781,828 shares on that date.

According to MarketBeat on September 23, 2026, JPMorgan raised its Wabtec price target from USD 315 to USD 320 while maintaining a neutral rating. The target increase is USD 5, while the consensus price target was USD 313.82 and the consensus rating was Moderate Buy.

Wabtec stock closes at USD 283.38

Wabtec stock closed at USD 283.38 on the NYSE on September 22, 2026, with the 1.12 percent daily gain measured against the prior close of USD 280.23. The contract value, quarterly revenue growth and guidance range are the central figures shaping the current trading narrative.