REV Group, Inc. (REVG)

Over the past six months, REV Group's stock has experienced significant movement. As of January 2, 2026, the share price was $62.29, an 83.80% increase from January 3, 2025. Key events include strong fiscal 2025 fourth-quarter results, with consolidated net sales at $597.9 million, an increased quarterly cash dividend of $0.06 per share, and a new share repurchase authorization of up to $250.0 million. The company reported $0.83 earnings per share for Q4 2025, surpassing estimates, with revenue up 11.1% year-over-year. In fiscal year 2024, the company divested Collins Bus Corporation and ElDorado National (California). Analysts maintain a consensus "Hold" rating with a target price of $49.25. Consolidated net sales for Q2 2025 were $629.1 million, an increase from the prior year.

Demand seasonality varies by segment. Specialty Vehicles, including fire and emergency vehicles, shows continued strength due to legislated replacement cycles and increasing government spending. Recreational Vehicles are more cyclical, experiencing decreased net sales in Q4 2024 and Q2 2025 due to lower unit shipments and increased discounting, though strong sales were reported at major RV shows in October 2025. The RV market has an estimated US size of $20 billion in 2024, with projected growth of 8% CAGR over the next few years.

REV Group, Inc. is an American company that designs, manufactures, and distributes specialty vehicles and related aftermarket parts and services, primarily in North America. Headquartered in Brookfield, Wisconsin, it operates in the Industrials sector, focusing on Farm & Heavy Construction Machinery or Auto Manufacturing. The company designs, produces, and services customized vehicles, including fire apparatus equipment, ambulances, commercial infrastructure vehicles, and recreational vehicles.

REV Group, Inc. primarily serves customers in the United States and Canada, with approximately 99% of its net sales in fiscal year 2023 coming from these two countries and about 5% from international markets. The company has operations in 14 states across the U.S.

REV Group's brands are generally considered prestigious and recognized in their respective markets. The company has increased production of fire and emergency vehicles by nearly 30% and invested in training programs. Spartan Emergency Response broke ground on a $20 million facility expansion. Leader Emergency Vehicles celebrated 50 years of service, and REV Recreation Group completed its 40,000th unit at its Decatur, Indiana plant. Holiday Rambler partnered with the Indianapolis Colts and reported strong sales at RV shows. The company focuses on manufacturing best practices, supply chain management, and product innovation.

REV Group, Inc. has significant institutional ownership, with 572 institutional owners holding 60,428,831 shares, representing approximately 87.3% to 92.9% of shares. Major institutional owners include Fmr Llc, Vanguard Group Inc, and BlackRock, Inc. Kim A. Marvin is the largest individual shareholder, owning 33.92 million shares, representing 69.50% of the company, with Dino M. Cusumano and Timothy W. Sullivan also being significant insider owners.