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Douglas Dynamics is poised for a major earnings rebound, with EBIT projected at +54% y/y and 32% above consensus. PLOW has 50%-plus market share, an unrivaled dealer network, and industry-leading manufacturing. Pent-up replacement demand and a restocking effect position PLOW for outsized 2026 revenue and margin expansion, with 104% base-case upside over three years.

During the first quarter, the Harbor Active Small Cap ETF (“ETF”) returned -4.52% (NAV), significantly underperforming the Russell 2000® Index, which returned 0.89%. Shares are bought and sold at market price not net asset value (NAV). A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. Market price returns are based upon the closing composite market price and…

Douglas Dynamics delivered a 43.7% share price surge, driven by robust revenue and profit growth, especially in Q4 2025. 2025 saw significant gains in both Work Truck Attachments and Work Truck Solutions segments, fueled by strong snowfall and municipal demand. Management guides for 2026 sales of $710–$760 million, EBITDA of $100–$120 million, and adjusted EPS of $2.25–$2.85.

Douglas Dynamics (PLOW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Douglas Dynamics (NYSE: PLOW) executives highlighted a strong finish to 2025 and outlined expectations for continued growth in 2026, citing improved winter weather trends, ongoing momentum in its municipal-focused upfitting business, and progress on a strategic framework centered on "optimize, expand, and activate." Management also discussed early results from its Venco Venturo acquisition and reiterated its