Jul. 7 at 4:22 PM
$BLBD The macro tailwinds for
$BLBD are huge. We're trading around
$76.70, digesting the massive Q2 blowout. The thesis: an aging national school bus fleet replacement cycle colliding directly with billions in EPA Clean School Bus funding.
Fundamentals are rock solid. Management recently raised FY2026 revenue guidance to
$1.75B and their long-term outlook to
$2.5B+. With a backlog of 900+ electric buses stretching into 2027 and the Micro Bird acquisition, they dominate the alt-fuel bus space.
Technically, pulling back from the
$81.50 high offers a great setup. As long as we hold the breakout base in the lower
$70S, the risk/reward is excellent for a long-term play.
