ABM Selected to Provide EV Charging Infrastructure for Alexandria Transit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
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ABM has been selected by the Alexandria, Virginia, Transit Company, to deliver critical EV charging infrastructure that supports the growing electrification of the city's public bus fleet. Under the agreement, ABM provided and installed an in-route pantograph charger, accompanying power cabinets, electrical infrastructure, and civil foundation work. "The solution enables DASH buses to charge while in service, expanding route flexibility and supporting uninterrupted operations for Alexandria's fast-growing electric fleet," the company said.
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Analyst Views on ABM
Wall Street analysts forecast ABM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABM is 52.75 USD with a low forecast of 51.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
3 Buy
4 Hold
0 Sell
Moderate Buy
Current: 44.790
Low
51.00
Averages
52.75
High
54.00
Current: 44.790
Low
51.00
Averages
52.75
High
54.00
About ABM
ABM Industries Inc, which operates through its subsidiaries, is a provider of integrated facility, infrastructure, and mobility solutions. The Company’s segments include Business & Industry (B&I), Manufacturing & Distribution (M&D), Education, Aviation, and Technical Solutions. The B&I segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and other facilities. The M&D segment provides integrated facility services, engineering, janitorial, and other specialized services. The Education segment delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services. The Aviation segment supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technical Solutions segment specializes in facility infrastructure, mechanical and electrical services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Position Change: Goodman Financial fully exited its position in ABM Industries by selling 283,456 shares for approximately $13.07 million, indicating a reassessment of the company's future performance potential.
- Market Performance: ABM Industries shares are priced at $44.12, down 13% over the past year, significantly underperforming the S&P 500's approximately 17% gain during the same period, reflecting a lack of market confidence in its defensive services.
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- Capital Allocation: Goodman Financial's portfolio is shifting towards broad equity ETFs and short-duration bond funds, suggesting a strategic move to allocate capital to potentially more productive investment opportunities rather than maintaining its stake in ABM.
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