Analysts predict BLBD shares will perform strongly in 2023

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Blue Bird Corp shares valued at $4,783,800 were purchased by Horlock Phil on Aug 13 ’25. At $56.49 per share, Horlock Phil acquired 84,684 shares.

Also, Scartz Ted purchased 8,877 shares, netting a total of over 490,188 in proceeds.

Before that, Horlock Phil had sold 30,000 shares from its account. In a trade valued at $1,800,000, the Director traded Blue Bird Corp shares for $60.00 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $13.6 million.

As published in their initiating research note from BTIG Research on October 09, 2024, Blue Bird Corp [BLBD] has been a Buy and the price target has been revised to $55. Analysts at ROTH MKM downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of July 17, 2024, Needham has reiterated its “Buy” rating for BLBD. Earlier on February 29, 2024, Needham initiated its rating. Their recommendation was “a Buy” for BLBD stock.

Analyzing BLBD Stock Performance

On last trading session, Blue Bird Corp [NASDAQ: BLBD] plunged -0.02% to $56.48. The stock’s lowest price that day was $55.18, but it reached a high of $57.23 in the same session. During the last five days, there has been a surge of approximately 27.96%. Over the course of the year, Blue Bird Corp shares have jumped approximately 15.15%. Shares of the company reached a 52-week high of $60.45 on 08/08/25 and a 52-week low of $30.04 on 04/04/25.

Support And Resistance Levels for Blue Bird Corp (BLBD)

According to the 24-hour chart, there is a support level at 55.36, which, if violated, would cause prices to drop to 54.25. In the upper region, resistance lies at 57.41. The next price resistance is at 58.35. RSI (Relative Strength Index) is 80.07 on the 14-day chart, showing overbought technical sentiment.

Is Blue Bird Corp subject to short interest?

Stocks of Blue Bird Corp saw a sharp rise in short interest on 2025-07-31 jumping by 0.14 million shares to 5.17 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 5.03 million shares. A jump of 2.78% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 12.41 of the overall float, the days-to-cover ratio (short ratio) jumped to 12.41.

Which companies own the most shares of Blue Bird Corp (BLBD)?

In terms of Blue Bird Corp share price expectations, FactSet research, analysts set an average price target of 65.5 in the next 12 months, up nearly 15.95% from the previous closing price of $56.49. Analysts anticipate Blue Bird Corp stock to reach 66 by 2025, with the lowest price target being 43. In spite of this, 5 analysts ranked Blue Bird Corp stock as Buy at the end of 2025. On September 11, 2023, Barclays assigned a price target of “an Overweight” to the stock and initiated coverage with a $25.

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