Blue Bird: No Floor In Sight - Pending Further Policy Clarity (Rating Downgrade)
Portfolio Pulse from
Blue Bird's stock is expected to remain volatile due to uncertainty in federal funding for the Clean School Bus Program, despite strong earnings and guidance. A temporary restraining order adds to the uncertainty, leading to a downgrade in FY2025 EV sales guidance.
February 17, 2025 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Blue Bird's stock is likely to remain volatile due to uncertainty in federal funding for the Clean School Bus Program, despite a strong earnings report. The temporary restraining order and lowered FY2025 EV sales guidance contribute to this volatility.
The lack of clarity on federal funding for the Clean School Bus Program, despite a temporary restraining order, creates uncertainty for Blue Bird. This has led to a downgrade in FY2025 EV sales guidance, contributing to the stock's volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100