Wabash National's quality has broken down — a Piotroski F-Score of 1/9, a 20% YoY revenue decline, and a death-cross hard block — while falling analyst estimates (-41.3%) and a 7.25 put/call ratio point to continued near-term pressure despite a statistically cheap valuation.
Thesis pillars
- Weak Piotroski Quality Floor Breach↑Improving
- Death Cross Technical Hard Block↑Improving
- Declining Revenue Growth Deterioration↑Improving
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Jul 5, 2026, based on the 10-K filed Feb 18, 2026· older than 90 days
Wabash National Corporation (WNC) Stock Analysis
Inst Constrain edge
Industrials · Farm & Heavy Construction Machinery
Sell if holding. Engine safety override at $11.73: Quality below floor (1.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.9/10 and A.R:R 4.0:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 12%; Elevated put/call ratio: 11.40; Below-average business quality.
Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States. The company operates in two segments, Transportation Solutions and Parts & Services. It offers dry van trailers, platform... Read more
Sell if holding. Engine safety override at $11.73: Quality below floor (1.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.9/10 and A.R:R 4.0:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 12%; Elevated put/call ratio: 11.40; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.9/10, moderate confidence.
Passes 6/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, earnings proximity 91d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Recent developments
updated Oct 31, 2026Recent Developments — Wabash National Corporation
Latest news
- NEWS DA Davidson Adjusts Rating and Price Target for Wabash National — fiscal.ai Oct 31, 2026 neutral
- NEWS Wabash Reports Third Quarter 2026 Financial Results — fiscal.ai Oct 29, 2026
- NEWS Wabash National Sees Q4 Adj EPS $(0.75)-$(0.55) vs $(0.18) Est; Sees Sales $420.000M-$450.000M — benzinga Oct 29, 2026 negative
- NEWS Wabash National Q3 Adj. EPS $(0.63) Misses $(0.46) Estimate, Sales $476.408M Beat $453.750M Estimate — benzinga Oct 29, 2026 negative
- NEWS Wabash National Sees Q3 Adj EPS $(0.50)-$(0.40) vs $(0.13) Est; Sees Sales $440.000M-$460.000M — benzinga Jul 29, 2026 negative
Latest item Oct 31, 2026 · Generated 2026-11-03T11:44:04Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerfive largest customers35%10-K Item 1A: 'we are subject to a concentration of risk as our five largest customers together accounted for approximately 35% of our aggregate net sales in 2025.'
- MEDIUMSupplierchassis suppliers (GM, Freightliner, International, Ford)10-K Item 1A: 'Historically, General Motors Company (“GM”), Freightliner Custom Chassis (“Freightliner”), International Truck (“International”), and Ford Motor Company (“Ford”) have been the primary chassis suppliers.'
Material Events(8-K, last 90d)
- 2026-04-09Item 5.02MEDIUMWabash announced Michael N. Pettit's transition from SVP, Chief Growth Officer to a non-executive Senior Advisor role effective April 8, 2026, remaining through Q3 2026 when his termination without cause under the Executive Severance Plan takes effect.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·3 ceiling hits
Unprofitable operations — net margin -9.1%. Quality floor flags this regardless of sector context.static
Volatile — 7.0% daily ATR makes tight stops impractical. Position-size conservatively.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $11.73: Quality below floor (1.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.9/10 and A.R:R 4.0:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 12%; Elevated put/call ratio: 11.40; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $11.30. Score 5.9/10, moderate confidence.
Analyst target: $18.27 (+55.8% upside). Prior stop was $11.30. Stop-loss: $11.30.
Quality below floor (1.4 < 4.0); Value-trap signals (2/5): Margin compression (op margin 4.0%), Material insider selling (6 sells, 0.21% of cap).
Wabash National Corporation trades at a P/E of N/A (forward 14.4). TrendMatrix value score: 9.5/10. Verdict: Sell.
6 analysts rate WNC, with a consensus score of 4.0/5. 2 analysts publish price targets averaging $22.
What does Wabash National Corporation do?Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and...
Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States. The company operates in two segments, Transportation Solutions and Parts & Services. It offers dry van trailers, platform trailers, refrigerated trailers, stainless steel and aluminum tank trailers, and used trailors; dry freight truck bodies, cargo bodies, insulated and light-duty acutherm refrigerated truck bodies, and platform truck bodies; and laminated hardwood oak flooring. The company also provides aftermarket parts and services; steel flatbed bodies, truck body mounting, shelving for package delivery, partitions, roof racks, hitches, thermal solutions, liftgates, and other; door repair and replacement, collision repair, and basic maintenance; stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and truck bodies, overhead doors, and other industrial applications. In addition, it offers maintenance and repair services for tank trailers and other related equipment; direct-line access to truck body repair parts; and trailers as a service, as well as develops and scales a digital marketplace for the transportation and logistics distribution industry. The company offers its products under the Wabash, MaxClearance, Trust Lock Plus, EZ-7, Lock-Rite, EZ-Adjust, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, and EcoNex brand. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.