NEW YORK, Jan 13, 2026, 13:47 EST — Regular session
- Shares of Via Transportation climbed roughly 7% in afternoon trading
- Goldman Sachs raises the rating to Buy but lowers its price target to $44
- Via scheduled its fourth-quarter results and conference call for Feb. 27
Shares of Via Transportation jumped roughly 7% to $27.02 in Tuesday afternoon trading following a buy upgrade from Goldman Sachs. The transit-tech stock opened at $26.78 and briefly peaked at $27.39, staying well above its intraday low of $25.35.
The call matters given Via’s rocky post-IPO performance. Since debuting at $46 in September, the shares have tumbled roughly 41%, making investors highly sensitive to shifts in analyst ratings and any signals about the speed of new contract acquisitions.
Via set a date for its next catalyst, announcing it will report fourth-quarter 2025 results before U.S. markets open on Friday, Feb. 27. The company plans to hold a conference call at 8:30 a.m. Eastern that same day.
Goldman analyst Adam Hotchkiss upgraded the stock from neutral to buy but cut his price target to $44 from $52, per a TheFly summary. That target implies about a 63% gain from Tuesday’s close.
Goldman Sachs noted that Via’s shares are trading at a discount to peers, even though the company is growing faster. The bank also pointed out that quarter-to-quarter fluctuations may reflect the timing of government contracts rather than signaling a weaker long-term outlook. Goldman valued Via at roughly 9 times its estimated 2026 enterprise value to gross profit—a metric comparing company value against profits after direct costs.
Via markets its platform as a solution for cities to swap out fragmented legacy transit systems for one unified set of software tools and services. The company pitches itself not so much as a ride-hailing firm but as infrastructure for public agencies managing buses, shuttles, and on-demand transit.
Shares in other mobility firms showed varied moves. Uber edged up roughly 1%, but Lyft dropped nearly 2% in afternoon trading.
But it’s important to remember this is still just a rebound. Via’s sales depend heavily on city and agency budgets, and delays in procurement or shifting priorities can cause deals to stall. That means revenue and bookings remain inconsistent from quarter to quarter.
Traders will be watching to see if Via can iron out the volatility and protect its margins as it grows. The stock took a steep hit from last year’s peak and remains exposed to swift sell-offs if growth updates fall short.
