WNC stock has a bearish outlook due to weak earnings guidance for 2025, with EPS projected at $0.85-$1.05, significantly below analysts' expectations of $1.24. The company also reported a Q4 non-GAAP EPS loss of $0.02, missing estimates, and a 30.1% YoY revenue decline. Despite a $1.2 billion backlog, the stock faces downward pressure, with limited near-term catalysts for recovery.