11 Best Russell 2000 Stocks to Buy According to Wall Street Analysts

7. Blue Bird Corporation (NASDAQ:BLBD)

Upside potential: 62.04%

No of hedge funds: 25

Georgia-based company, Blue Bird Corporation (NASDAQ:BLBD) manufactures school buses, including electric and propane-powered models. The company focuses on serving public and private educational institutions across North America, where it maintains a strong brand legacy in student transportation. Despite tough competitors like Thomas Built Buses and IC Bus, Blue Bird Corporation (NASDAQ:BLBD) accumulated market share through its early adoption of clean-energy drivetrains. Along with government incentives, the growing demand for sustainable transit solutions enables the company to thrive in the school bus industry. It is one of the best Russell 2000 stocks on our list.

Over the past five years, Blue Bird Corporation (NASDAQ:BLBD) has garnered a 28.64% EPS surge, demonstrating its revenue-earning capabilities. Notably, the company has performed well in the alternative-powered bus market, delivering over 130 electric-powered buses in the first quarter of 2025 ahead of schedule. The company also has a significant backlog of approximately 1,000 EV buses. It reflects the high demand for the company’s cleaner transportation solutions. In its first-quarter results, the company has reaffirmed net revenue ranging between $1.4 billion and $1.5 billion as full-year 2025 guidance.

Institutional interest in Blue Bird Corporation (NASDAQ:BLBD) is moderate, with 25 hedge funds in Insider Monkey’s database having invested in the company, as of Q4 2024. The Buy rating from analysts and an upside potential of 62.04% indicate the stock is a worthy investment for investors wanting to solidify their portfolio with a Russell 2000 stock.