Kazakhstan Grants Wabtec a $4.2 Billion Contract for Locomotives
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 22 2025
0mins
Source: Newsfilter
Historic Agreement: Wabtec Corporation has signed a $4.2 billion contract with Kazakhstan Temir Zholy (KTZ) for the delivery of Evolution Series locomotives, marking the largest locomotive deal in Wabtec's history.
Strengthening Regional Role: This partnership enhances KTZ's position as a key player in the Middle Corridor and supports the development of Kazakhstan's rail industry, focusing on advanced technologies and improved operational efficiency.
WAB
$219.31+Infinity%1D
Analyst Views on WAB
Wall Street analysts forecast WAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WAB is 230.80 USD with a low forecast of 215.00 USD and a high forecast of 245.00 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.
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 219.760
Low
215.00
Averages
230.80
High
245.00
Current: 219.760
Low
215.00
Averages
230.80
High
245.00
About WAB
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a global provider of value-added, technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries, as well as the mining, marine and industrial markets. Its Freight Segment primarily manufactures new and modernized locomotives; provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. Its Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses. It also specializes in train detection, wayside object control solutions, and axle counting systems.
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.
