Blue Bird Shares Soar 1.65% to 2025 High on Positive Outlook

Blue Bird(BLBD) shares surged 1.65% today, marking the third consecutive day of gains, with a cumulative increase of 9.05% over the past three days. The stock price reached its highest level since January 2025, with an intraday gain of 2.43%.

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 7.87% annualized gain. However, this was below the market average, suggesting it may not have been the most effective strategy during this period.

| Strategy | 5-Year CAGR |

| --- | --- |

| Buy at All-Time High and Hold for 1 Week | 7.87% |

This result indicates that while the strategy provided some positive returns, it may not have been the most efficient way to invest in BLBD. The market, as represented by the S&P 500, delivered a higher average annual return over the same period, suggesting that other investment approaches or longer-term perspectives may have been more beneficial.

Note: The data is hypothetical and derived from backtesting calculations based on the provided information. Actual returns may vary in real-world scenarios.

Analysts have shown a generally positive outlook on Blue Bird's stock. The company currently holds an average brokerage recommendation (ABR) of 1.43 on a scale from 1 (Strong Buy) to 5 (Strong Sell), reflecting a favorable sentiment from market experts.

DA Davidson analyst M. Shlisky has forecasted earnings of $0.88 per share for the upcoming quarter and assigned a "Buy" rating with a target price of $61.00. This optimistic outlook suggests confidence in the company's financial performance and future growth prospects.

However, Needham & Company LLC recently adjusted their target price for Blue Bird shares, lowering it from $66.00 to $49.00. This revision indicates a more cautious stance on the company's future stock performance, potentially due to market conditions or internal factors.