Dj Cfo Cheung Acquires 34156 Of Commercial Vehicle Group Inc >Cvgi

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the heavy transportation equipment industry, including Wabash and its peers.

Heavy transportation equipment companies are investing in automated vehicles that increase efficiencies and connected machinery that collects actionable data. Some are also developing electric vehicles and mobility solutions to address customers’ concerns about carbon emissions, creating new sales opportunities. Additionally, they are increasingly offering automated equipment that increases efficiencies and connected machinery that collects actionable data. On the other hand, heavy transportation equipment companies are at the whim of economic cycles. Interest rates, for example, can greatly impact the construction and transport volumes that drive demand for these companies’ offerings.

The 13 heavy transportation equipment stocks we track reported a mixed Q3. As a group, revenues missed analysts’ consensus estimates by 1%.

In light of this news, share prices of the companies have held steady as they are up 4.5% on average since the latest earnings results.

Weakest Q3: Wabash

With its first trailer reportedly built on two sawhorses, Wabash offers semi trailers, liquid transportation containers, truck bodies, and equipment for moving goods.

Wabash reported revenues of $381.6 million, down 17.8% year on year. This print was in line with analysts’ expectations, but overall, it was a disappointing quarter for the company with full-year revenue guidance missing analysts’ expectations.

Wabash delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 3.8% since reporting and currently trades at $8.63.

Read our full report on Wabash here, it’s free for active Edge members.

Best Q3: REV Group

Offering the first full-electric North American fire truck, REV manufactures and sells specialty vehicles.

REV Group reported revenues of $664.4 million, up 11.1% year on year, outperforming analysts’ expectations by 4.5%. The business had a stunning quarter with a solid beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 10.4% since reporting. It currently trades at $61.42.

Commercial Vehicle Group

Formed from a partnership between two distinct companies, CVG offers various components used in vehicles and systems used in warehouses.

Commercial Vehicle Group reported revenues of $152.5 million, down 11.2% year on year, falling short of analysts’ expectations by 2.4%. It was a disappointing quarter as it posted full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ revenue estimates.

As expected, the stock is down 5% since the results and currently trades at $1.44.

Read our full analysis of Commercial Vehicle Group’s results here.

Blue Bird

With around a century of experience, Blue Bird is a manufacturer of school buses and complementary parts.

Blue Bird reported revenues of $409.4 million, up 16.9% year on year. This number topped analysts’ expectations by 7.7%. Overall, it was a very strong quarter as it also recorded a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Blue Bird achieved the biggest analyst estimates beat among its peers. The stock is down 7.7% since reporting and currently trades at $50.65.

Read our full, actionable report on Blue Bird here, it’s free for active Edge members.

Greenbrier

Having designed the industry’s first double-decker railcar in the 1980s, Greenbrier supplies the freight rail transportation industry with railcars and related services.

Greenbrier reported revenues of $759.5 million, down 27.9% year on year. This print came in 0.6% below analysts' expectations. Overall, it was a slower quarter as it also logged full-year revenue guidance missing analysts’ expectations significantly and full-year EPS guidance missing analysts’ expectations significantly.

Greenbrier delivered the highest full-year guidance raise among its peers. The stock is up 2.8% since reporting and currently trades at $46.52.

Read our full, actionable report on Greenbrier here, it’s free for active Edge members.

What Happened?

A number of stocks fell in the afternoon session after major indices pulled back from record highs reached the previous week. 

The S&P 500 and Nasdaq were under pressure as the dominant artificial intelligence trade cooled off. Notable names like Nvidia were down as traders locked in profits following a banner year where the Nasdaq surged over 20%. With the S&P 500 recently hitting intraday highs near 6,945, this dip reflected a shift in internal momentum rather than a response to major economic news.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Heavy Transportation Equipment company Commercial Vehicle Group fell 3.3%. Is now the time to buy Commercial Vehicle Group? Access our full analysis report here, it’s free for active Edge members.
• Renewable Energy company EVgo fell 4%. Is now the time to buy EVgo? Access our full analysis report here, it’s free for active Edge members.
• Energy Products and Services company FTAI Infrastructure fell 3.8%. Is now the time to buy FTAI Infrastructure? Access our full analysis report here, it’s free for active Edge members.
• Renewable Energy company Blink Charging fell 3.4%. Is now the time to buy Blink Charging? Access our full analysis report here, it’s free for active Edge members.
• Law Enforcement Suppliers company Byrna fell 3.2%. Is now the time to buy Byrna? Access our full analysis report here, it’s free for active Edge members.

Zooming In On EVgo (EVGO)

EVgo’s shares are extremely volatile and have had 46 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 26 days ago when the stock gained 2.7% on the news that the company announced that its Autocharge+ service surpassed a major milestone of five million charging sessions. The electric vehicle charging network also reported a sixfold increase in enrollment for the service since 2023, with more than 300,000 customers now signed up. The Autocharge+ feature, which is compatible with nearly 80 different EV models, allows drivers to start a charging session simply by plugging in their vehicle after a one-time enrollment. This significant growth in user adoption and service usage pointed to strong operational progress for the company.

EVgo is down 28.3% since the beginning of the year, and at $3.01 per share, it is trading 40% below its 52-week high of $5.01 from September 2025. Investors who bought $1,000 worth of EVgo’s shares 5 years ago would now be looking at an investment worth $279.28.

What Happened?

A number of stocks fell in the afternoon session after markets faded the Nvidia rally in the morning session, as investors remained uncertain about future rate cuts. 

While the trading day began with significant enthusiasm, pushing the Dow Jones Industrial Average up more than 700 points and the Nasdaq Composite up 2.6%, momentum quickly evaporated as the session wore on. The primary catalyst for this sharp reversal was a stronger-than-expected jobs report, which reduced the implied odds of a December interest rate cut to less than 40%.This macroeconomic anxiety overshadowed stellar corporate performance. Nvidia initially surged 5% on blockbuster earnings and CEO Jensen Huang's bullish outlook on "off the charts" demand for Blackwell chips. However, the stock eventually turned negative, acting as a heavy weight that dragged the broader indices into the red. The sell-off partly reflects a deepening caution regarding high-flying tech valuations in a "higher-for-longer" rate environment. 

Consequently, investors appeared to rotate capital away from volatile growth sectors and toward defensive staples, evidenced by Walmart's 6% gain following its own earnings beat. Ultimately, the market could not sustain the morning's euphoria, as traders prioritized rate realities over AI potential.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Construction and Maintenance Services company Orion fell 3.3%. Is now the time to buy Orion? Access our full analysis report here, it’s free for active Edge members.
• Aerospace company Astronics fell 3.6%. Is now the time to buy Astronics? Access our full analysis report here, it’s free for active Edge members.
• Electronic Components company Corning fell 4.3%. Is now the time to buy Corning? Access our full analysis report here, it’s free for active Edge members.
• Heavy Transportation Equipment company Commercial Vehicle Group fell 2.5%. Is now the time to buy Commercial Vehicle Group? Access our full analysis report here, it’s free for active Edge members.
• Electrical Systems company Verra Mobility fell 4.2%. Is now the time to buy Verra Mobility? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Corning (GLW)

Corning’s shares are not very volatile and have only had 6 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

The previous big move we wrote about was 7 days ago when the stock dropped 8.3% on the news that the broader U.S. stock market declined amid investor caution and a pullback in technology stocks. 

The main story? Investors are cashing in on a good run and feeling a bit cautious. After a fantastic run, many of those high-flying AI and technology stocks saw investors take profits: selling shares to lock in their gains.This is often called a "market rotation." Money is moving out of the red-hot tech sector (which some worry has become too expensive) and into other parts of the market that investors may currently deem more stable or reasonably-priced.There's a secondary reason for the cautious mood: The long government shutdown came to an end. Though it's typically interpreted as good news, it also means a flood of delayed economic reports will be released. For weeks, investors were "flying blind" without key updates on the economy's health, like inflation data and the jobs report. In typical "sell the news" fashion, investors may also be taking profits and selling in anticipation that the new data would potentially give the Federal Reserve reasons to slow or even pause future rate cuts.

Corning is up 67.3% since the beginning of the year, but at $78.13 per share, it is still trading 13.5% below its 52-week high of $90.29 from October 2025. Investors who bought $1,000 worth of Corning’s shares 5 years ago would now be looking at an investment worth $2,152.