Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NFI Group Inc ( (TSE:NFI) ) has issued an announcement.
NFI Group Inc. announced a shift in its third-quarter vehicle deliveries to the fourth quarter of 2025 due to a battery recall and supply chain challenges. Despite these delays, the company expects strong financial performance in the fourth quarter, supported by a robust backlog and improved market demand, particularly in the UK. The recall, affecting certain zero-emission buses, will result in a warranty provision, but NFI remains confident in its financial stability and ability to meet its annual guidance.
The most recent analyst rating on (TSE:NFI) stock is a Hold with a C$16.50 price target. To see the full list of analyst forecasts on NFI Group Inc stock, see the TSE:NFI Stock Forecast page.
Spark’s Take on TSE:NFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NFI is a Neutral.
NFI Group Inc.’s overall stock score reflects a challenging financial performance with high leverage and negative profitability, compounded by bearish technical indicators and a concerning valuation. While the earnings call provided some positive highlights, such as strong demand and improved liquidity, significant risks remain, particularly in profitability and market challenges.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leader in propulsion-agnostic bus and coach solutions, focusing on delivering a range of vehicles including zero-emission buses. The company operates in markets across North America and the UK, with a strong emphasis on sustainable transportation solutions.
Average Trading Volume: 236,502
Technical Sentiment Signal: Buy
Current Market Cap: C$2.01B
For detailed information about NFI stock, go to TipRanks’ Stock Analysis page.