Blue Bird (BLBD) Shares Soar 5.25% on Electric Vehicle Demand

Blue Bird (BLBD) shares surged 5.25% today, marking the second consecutive day of gains, with a total increase of 7.28% over the past two days. The stock price reached its highest level since January 2025, with an intraday gain of 5.43%.

The strategy of buying BLBD shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.46% annualized gain. This result suggests that the strategy captured some of the subsequent price appreciation, but the returns were not significantly high enough to outpace the broader market or fully capitalize on the company's growth potential.

Blue Bird Corporation's recent performance in its electric vehicle segment has been particularly noteworthy. In the second quarter of fiscal 2025, which concluded on March 29, 2025, the company delivered a record 265 electric-powered buses. This achievement underscores the growing demand and market acceptance of Blue Bird's electric vehicles, which is likely to have a positive impact on investor confidence and stock performance.

Additionally, financial analysts have expressed optimism about Blue Bird's future earnings. M. Shlisky, an analyst at DA Davidson, has forecasted that Blue Bird will report earnings of $0.88 per share for the upcoming quarter. This positive outlook, coupled with a "Buy" rating and a $61.00 price target, suggests that analysts are bullish on the company's prospects. Such favorable analyst sentiment can further drive investor interest and contribute to the stock's upward trajectory.