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Upturn AI Summary - About
Westinghouse Air Brake Technologies Corp(WAB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for WAB
10/28/2026: WAB (3-star) is currently NOT-A-BUY. Pass it for now.
Westinghouse Air Brake Technologies Corp (Wabtec) is a global leader in providing technology and systems for the freight and transit rail industries. The company maintains a leading position due to its extensive installed base, which generates recurring revenue through high-margin aftermarket and digital service contracts. While it offers a strong long-term growth opportunity through rail electrification and modernization, the business is subject to cyclical demand and capital spending patterns of its major railroad customers. The stock may suit investors seeking industrial exposure with long-term infrastructure trends. Key developments to monitor include sustainability-led product innovation and the company's ability to maintain margins amidst broader economic or industrial volatility.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company's digital and sustainability-led innovation pipeline offers significant long-term growth potential. |
| Momentum investor | Mixed fit | Momentum may be strong when rail volume trends are positive and infrastructure spending increases. |
| Value investor | Mixed fit | Valuation often tracks with industrial cycles and long-term capital expenditure outlooks. |
| Dividend investor | Mixed fit | The dividend is reliable but modest, focusing more on capital appreciation than high yield. |
| Low-risk investor | Mixed fit | The company's essential role in rail infrastructure provides a buffer, though industrial cyclicality adds volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock is subject to macroeconomic shifts affecting industrial production and freight demand. |
| Valuation risk | Medium | Market expectations for growth in rail modernization can sometimes lead to premium pricing. |
| Competition risk (Heavy industrial/Rail) | Medium | Wabtec faces intense competition from global industrial players with deep resources. |
| Business quality | Strong | A vast installed base and strong aftermarket revenue characterize a high-quality, sticky business model. |
| Dividend income | Low | Dividend income is not the primary driver for total return for this stock. |
| Execution risk | Medium | Successful integration of technology and ongoing acquisitions is critical to maintaining operational efficiency. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 53.43% | Avg. Invested days 64 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 47.12B USD | Price to earnings Ratio 34.65 | 1Y Target Price 332.08 |
Price to earnings Ratio 34.65 | 1Y Target Price 332.08 | ||
Volume (30-day avg) 972.6K shares | Beta 0.92 | 52 Weeks Range 194.26 - 306.32 | Updated Date 10/28/2026 |
52 Weeks Range 194.26 - 306.32 | Updated Date 10/28/2026 | ||
Dividends yield (FY) 0.42% | Basic EPS (TTM) 8.05 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Freight Segment | Locomotives, digital services, and aftermarket components for freight railroads. | This is the core business engine that thrives on rail freight volume and locomotive maintenance. |
| Transit Segment | Braking, doors, and HVAC for passenger trains. | This provides steady, predictable revenue from municipal transit and public transportation projects. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-21 | When Before Market | Estimate 2.72 | Actual 2.83 |
Profitability
Profit Margin 11.2% | Operating Margin (TTM) 20.22% |
Management Effectiveness
Return on Assets (TTM) 6.28% | Return on Equity (TTM) 12.24% |
Valuation
Trailing PE 34.65 | Forward PE 23.75 | Enterprise Value 52.79B | Price to Sales(TTM) 3.86 |
Enterprise Value 52.79B | Price to Sales(TTM) 3.86 | ||
Enterprise Value to Revenue 4.32 | Enterprise Value to EBITDA 19.88 | Shares Outstanding 168.91M | Shares Floating 165.74M |
Shares Outstanding 168.91M | Shares Floating 165.74M | ||
Percent Insiders 0.7 | Percent Institutions 96.28 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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