RAIL stock is currently trading at a significant discount, with the market paying only $0.55 for every $1 of sales, reflecting undervaluation. Despite a 36% post-earnings drop in late 2024 due to revenue misses and tariff concerns, the company has shown strong operational improvements, including an 82% YoY revenue increase and a backlog of $372 million. With its tightened EBITDA guidance and market share gains, the bull's view suggests a potential rebound toward $12–$15 if market sentiment stabilizes and operational execution continues.