Westinghouse Air Brake Technologies Corporation

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Westinghouse Air Brake Technologies Corporation stock analysis WAB overview
Very Bullish +85

The Zacks Analyst Blog Archer-Daniels-Midland, Exxon Mobil, Chevron, Westinghouse Air Brake Technologies and Cummins

📈 Zacks Investment Research highlights five "Old Economy" stocks that have rallied over 20% year-to-date as strong candidates for continued growth in 2026.

💰 All five featured stocks—ADM, Exxon Mobil, Chevron, Westinghouse Air Brake Technologies, and Cummins—currently hold a favorable Zacks Rank of #1 (Strong Buy) or #2 (Buy).

🌽 Archer-Daniels-Midland is driving profits through Nutrition segment rebounds, improved margins in its Flavors portfolio, and digital innovation.

💸 ADM forecasts 5% revenue growth and 26% earnings growth for the current year, with consensus earnings estimates up 9.4%.

⛽ Exxon Mobil benefits from high-value Permian Basin and Guyana assets that have doubled upstream earnings since 2019.

🔋 ExxonMobil plans production beyond 2.5 million barrels per day in the Permian by 2030 and is building the world's largest low-carbon hydrogen plant.

💹 XOM has raised dividends for 43 consecutive years, supports steady cash flow, and expects 11.2% revenue growth with a 42.2% earnings growth rate.

🏗️ Chevron leverages stronger oil prices and its Hess acquisition to boost production from Guyana, the Bakken, and the Gulf of America.

💰 Chevron is generating strong free cash flow despite weaker oil prices through cost cuts and solid Permian performance.

⚠️ Investors in Chevron face risks including geopolitical issues in Kazakhstan and Venezuela, though the company maintains a strong balance sheet.

📈 CVX expects 13.2% revenue growth and an estimated 71.5% earnings growth for the current year with consensus estimates up 19.4%.

🚂 Westinghouse Air Brake Technologies is capitalizing on cooling inflation to deliver double-digit gains tied to broader economic improvement.

🛠️ WAB's strength is driven by new technology investments, restructuring, cost cutting, and strong free cash flow supporting dividends and buybacks.

📈 Analysts expect WAB to grow revenue by 10.6% and earnings by 16.3% for the current year.

Bullish Signals
  • Westinghouse Air Brake Technologies (WAB) carries a Zacks Rank #2, indicating strong potential with more room to run.
  • The company focuses on new technologies to improve safety and reliability, which are key drivers of its current strength.
  • WAB's strong free cash flow-generating ability ensures continuity in its dividend payments and share buybacks.
  • Westinghouse Air Brake Technologies has an expected revenue growth rate of 10.6% for the current year.
  • The company expects earnings growth of 16.3% for the current year, demonstrating profitability improvements.
Risk Factors
  • The article does not provide specific negative aspects or risks for Westinghouse Air Brake Technologies (WAB) beyond generic caveats like ties to the broader economy and cooling inflation.
  • Chevron faces remaining risks including geopolitical issues in Kazakhstan and Venezuela, weaker downstream margins, and a premium valuation despite its strong balance sheet.
Full Analysis
Zacks Investment Research announced on April 24, 2026, its list of stocks featured in the Analyst Blog, highlighting five "old economy" companies that have rallied more than 20% year to date despite an artificial intelligence-driven bull run continuing into 2026. The selected stocks include Archer-Daniels-Midland Co. (ADM), Exxon Mobil Corp. (XOM), Chevron Corp. (CVX), Westinghouse Air Brake Technologies Corp. (WAB), and Cummins Inc. (CMI). All five companies currently carry either a Zacks Rank #1 (Strong Buy) or 2 (Buy), indicating potential upside in 2026 as investors seek opportunities for portfolio diversification beyond technology sectors. Archer-Daniels-Midland is receiving a Zacks Rank #1 due to a rebound in its Nutrition segment, where Human Nutrition is gaining traction and the Flavors portfolio benefits from solid North American demand and improved margins. The company is advancing its Optimize, Drive and Grow pillars to enhance productivity and unlock margin opportunities through digital tools and BioSolutions platforms. For the current year, ADM has an expected revenue growth rate of 5% and an earnings growth rate of 26%, with the Zacks Consensus Estimate for current-year earnings improving 9.4% over the last 30 days. Exxon Mobil and Chevron are also rated #1. Exxon Mobil benefits from high-value assets in the Permian Basin and Guyana, which have driven robust production growth and doubled upstream earnings since 2019; the company aims to surpass 2.5 million oil-equivalent barrels per day beyond 2030 in the Permian while constructing a low-carbon hydrogen and ammonia plant in Baytown. Exxon Mobil has raised its dividend for 43 consecutive years and is expected to grow revenue by 11.2% and earnings by 42.2% this year, with the consensus estimate improving 3.8% over the last seven days. Chevron is benefiting from stronger oil prices and the Hess acquisition, which adds high-quality assets in Guyana and the Gulf of America; despite risks like geopolitical issues and weaker downstream margins, its balance sheet remains strong. Chevron expects revenue to grow by 13.2% and earnings by 71.5%, with the earnings consensus improving 19.4% over the last seven days. Westinghouse Air Brake Technologies Corp., which holds a Zacks Rank #2, is a leading global provider of rail industry equipment and solutions whose fortunes are tied to the broader economy and cooling inflation, leading to double-digit gains. Drivers for WAB's strength include a focus on new technologies to improve safety and reliability, as well as restructuring and cost-cutting actions that ensure strong free cash flow generation for dividend continuity and share buybacks. The company has an expected revenue growth rate of 10.6% and earnings growth rate of 16.3% for the current year, though the summary cuts off before detailing the recent change in its Zacks Consensus Estimate.