Via Transportation (NYSE:VIA) Given New $32.00 Price Target at Wells Fargo & Company

Via Transportation (NYSE:VIA) had its target price lifted by Wells Fargo & Company from $30.00 to $32.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other analysts also recently issued reports on the stock. Raymond James Financial set a $19.00 price objective on shares of Via Transportation in a report on Tuesday, May 12th. Morgan Stanley reissued an “overweight” rating and set a $24.00 target price on shares of Via Transportation in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft set a $25.00 price target on shares of Via Transportation in a report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $24.00 price target on shares of Via Transportation in a research report on Wednesday, May 13th. Finally, Oppenheimer lifted their price objective on Via Transportation from $25.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday. Twelve investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Via Transportation presently has an average rating of “Moderate Buy” and an average target price of $37.80.

Via Transportation Stock Up 2.9%

Shares of VIA stock opened at $22.19 on Friday. Via Transportation has a 12 month low of $12.95 and a 12 month high of $56.31. The company has a market cap of $1.80 billion and a PE ratio of -23.86. The business’s 50 day moving average is $17.61 and its two-hundred day moving average is $17.45.

Insiders Place Their Bets

In other Via Transportation news, Director Nechemia Jacob Peres bought 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were acquired at an average cost of $14.70 per share, for a total transaction of $367,500.00. Following the transaction, the director owned 30,434 shares in the company, valued at approximately $447,379.80. The trade was a 460.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Daniel Ramot bought 3,571 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average cost of $14.00 per share, for a total transaction of $49,994.00. Following the purchase, the chief executive officer owned 2,420,957 shares of the company’s stock, valued at $33,893,398. This trade represents a 0.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have acquired 31,904 shares of company stock worth $467,289 in the last quarter. Corporate insiders own 39.28% of the company’s stock.

Hedge Funds Weigh In On Via Transportation

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. bought a new position in shares of Via Transportation during the third quarter valued at $39,965,000. First Trust Advisors LP acquired a new stake in Via Transportation during the 3rd quarter valued at $1,047,000. Blair William & Co. IL acquired a new stake in Via Transportation during the 3rd quarter valued at $764,000. WINTON GROUP Ltd bought a new position in Via Transportation in the 3rd quarter valued at $219,000. Finally, Legal & General Group Plc acquired a new position in Via Transportation in the third quarter worth $239,000. 74.40% of the stock is owned by institutional investors and hedge funds.

More Via Transportation News

Here are the key news stories impacting Via Transportation this week:

• Positive Sentiment: Q2 earnings beat expectations: Via reported a loss of $0.01 per share, substantially better than the $0.20 loss analysts expected, while revenue reached $135.71 million. Management cited continued revenue growth and progress toward its public-transit software and services strategy. Via Announces Second Quarter 2026 Results
• Positive Sentiment: Revenue outlook was raised: Via now expects fiscal 2026 revenue of $550 million to $553 million, above the prior consensus estimate of $548.6 million. It also forecast third-quarter revenue of $137.6 million to $138.2 million, broadly in line with expectations, and reiterated its goal of achieving adjusted EBITDA profitability in the fourth quarter. Via 2026 Revenue Outlook
• Positive Sentiment: Wells Fargo raised its price target: The firm increased its target from $30 to $32 and maintained an “overweight” rating, signaling confidence in Via’s growth and improving profitability prospects.
• Negative Sentiment: Multiple law firms publicized an IPO-related securities class action: Investors who bought Via shares in or traceable to the September 2025 IPO are being encouraged to seek lead-plaintiff status by the August 10 deadline. The allegations reportedly concern undisclosed growth obstacles and contributed to an approximately 70% stock decline. Although the notices do not establish liability, the litigation creates legal, reputational and potential financial risks for Via. Via Securities Class Action Notice

About Via Transportation

Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service.