NFI Group stock gets a 100 bus order from Washington Metro

Published on 10/08/2026 at 04:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NFI Group stock was last at CAD 25.11 on October 7, 2026, as a 100-bus Washington Metro order draws from its Q2 backlog. Q2 delivered 260 zero-emission buses.

NFI, CA62910L1022, Illustration mit AI erstellt.

NFI Group (ISIN CA62910L1022) was last at CAD 25.11 on the Toronto Stock Exchange on October 7, 2026, at 4:00 p.m. ET. The bus maker secured a 100-bus Washington Metro order on October 5, giving its Q2 2026 backlog another conversion point.

Washington order uses backlog options

According to GlobeNewswire on October 5, 2026, Washington Metropolitan Area Transit Authority exercised second-year options under a five-year contract for 500 buses. The order contains 75 Xcelsior hybrid-electric buses and 25 Xcelsior CHARGE NG battery-electric buses, a 3 to 1 split that keeps both propulsion technologies in the production mix.

The options came from NFI's Q2 2026 backlog rather than representing a wholly new contract. That distinction matters because the order converts previously recorded demand into a scheduled production opportunity while leaving customer funding and delivery execution as key operating variables.

Zero-emission deliveries reach 260

NFI Group's investor-relations page identifies 260 zero-emission vehicles delivered in Q2 2026 and says 21.1 percent of new vehicles delivered during the quarter were zero-emission. The same page reports 6,420 zero-emission vehicles delivered since 2015, placing the Washington order within a broader fleet-transition program.

The latest quarterly figures also show the scale of the business. NFI generated USD 1.00 billion of revenue and USD 16.95 million of net income in Q2 2026, while operating cash flow reached USD 154.07 million, according to the company's investor-relations page.

Analyst target stays above the stock

MarketBeat lists a Buy consensus from seven analysts, with an average 12-month price target of CAD 30.50, a high target of CAD 36.00 and a low target of CAD 25.00. The average target lies 21.5 percent above the October 7 price, calculated from CAD 30.50 and CAD 25.11.

NFI has scheduled its Q3 2026 results for November 5, 2026, after markets close, with the conference call on November 6, according to GlobeNewswire on September 29, 2026.

NFI Group stock stays below yearly high

NFI Group stock was last at CAD 25.11 on the TSX on October 7, 2026, after changing by CAD 0.08, or 0.32 percent, during that session. Its 52-week range was CAD 12.50 to CAD 26.40, while the market capitalization stood at CAD 3.0 billion and volume reached 185,127 shares.