Wabash National expands backlog. Wabash National stock stays 11.13 percent below its high

Published on 10/01/2026 at 20:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue fell 9.06 percent to USD 417.24 million. Wabash National stock costs EUR 11.45 on October 1, 2026 versus EUR 12.40 on September 4.

WNC, US9295661071, Illustration mit AI erstellt.

Wabash National (ISIN US9295661071) expanded its Q2 2026 backlog to USD 956 million, up 14.00 percent from the prior quarter, while Q2 revenue fell 9.06 percent year over year to USD 417.24 million. The stock was trading at EUR 11.45 at Lang & Schwarz on October 1, 2026 at 7:58 p.m. CEST.

Backlog improves visibility

According to StockTitan, Wabash reported Q2 2026 net sales of USD 417.24 million for the three months ended June 30, 2026, compared with USD 458.82 million in the comparable quarter of 2025. The same filing summary reported a USD 25.30 million GAAP operating loss and a USD 22.61 million net loss attributable to common stockholders.

The backlog figure carries greater weight than the revenue decline because it points to future production demand, while the company continues to absorb weak current profitability. Wabash also reported USD 5.14 million of operating cash flow and USD 3.07 million of free cash flow in Q2 2026.

Analyst target stays higher

MarketBeat reported that DA Davidson reaffirmed its Buy rating and USD 20.00 price target on September 22, 2026. MarketBeat also cited a Hold consensus and an average target of USD 21.67, giving investors a clear split between improving order visibility and still-negative earnings.

Wabash's Q3 2026 outlook calls for revenue of USD 440 million to USD 460 million, with a midpoint of USD 450 million, and adjusted diluted loss per share of USD 0.40 to USD 0.50. The range sets a higher revenue bar than Q2, but the loss guidance keeps execution and margins central to the next results.

Stock remains below yearly high

Wabash designs and services transportation equipment and supply-chain solutions, including dry and refrigerated trailers, truck bodies, platform trailers, tank trailers, composites and parts services, according to its investor-relations page. That product breadth gives the backlog recovery more than a single-product explanation, although the Q2 loss shows that volume has not yet translated into earnings.

At Lang & Schwarz, the intraday price was EUR 11.45 on October 1, 2026 at 7:58 p.m. CEST. A Tradegate quote stood at EUR 12.40 on September 4, 2026, providing dated euro-market context for the current indication.