
Wabash National (WNC) Stock Forecast & Price Target
Wabash National (WNC) Analyst Ratings
Bulls say
Wabash National Corp shows a positive outlook, driven by a significant increase in the key dry vans category, with shipments rising by 8% year-over-year in October. Additionally, total industry trailer shipments reached 19,953 units, marking a 6% year-over-year increase, and trailer orders saw a 3% year-over-year uptick at this critical juncture in the order season. This overall growth in trailer shipments and orders underscores the resilience and ongoing demand for Wabash National's innovative products in the transportation and logistics sectors.
Bears say
Wabash National Corp is experiencing significant challenges as evidenced by a 19% year-over-year decline in backlog for dry vans and a 36% decrease for reefer trailers in October. Additionally, broader industry trends show a 15% drop in total trailer backlog compared to the previous year, raising concerns over demand sustainability. The company faces potential headwinds from elevated component costs, high labor expenses, and possible macroeconomic disruptions, which may lead to disappointing financial results and negatively impact investor sentiment.
This aggregate rating is based on analysts' research of Wabash National and is not a guaranteed prediction by Public.com or investment advice.
Wabash National (WNC) Analyst Forecast & Price Prediction
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