Oshkosh Corporation (NYSE:OSK) - A Comprehensive Analysis

Oshkosh Corporation (NYSE:OSK) received a bullish endorsement from Truist Securities, which upgraded the stock to Buy from Hold and significantly raised its price target to $127 from $93. The upgrade reflects a shift in sentiment, with analysts pointing to the stock’s compelling valuation and improving earnings prospects. As a result, the company’s shares rose more than 3% intra-day today.

According to Truist, Oshkosh is trading at a steep discount compared to its machinery sector peers, with forward earnings and EV/EBITDA multiples around 40% below the group average. The firm highlighted the company’s strong balance sheet, robust order backlog in its Vocational segment, and signs of bottoming in its Defense division as key reasons for the revised outlook.

Truist now projects Oshkosh to deliver adjusted earnings per share of $12.55 in 2026 and $15.00 in 2027, up from previous estimates of $11.55 and $13.00, respectively. The new price target implies nearly 30% upside from current levels and is based on discounted earnings and EBITDA valuation models.

While concerns persist around potential weakness in the Access Equipment segment extending into 2026, Truist argues that the market has already priced in a worst-case scenario, presenting an attractive risk-reward setup for investors.

• Citigroup maintains a "Buy" rating for Oshkosh Corporation (NYSE:OSK), raising its price target from $95 to $105.
• Oshkosh reports weaker-than-expected earnings for the first quarter, with adjusted earnings of $1.92 per share and quarterly sales of $2.31 billion.
• Despite the earnings miss, shares rose by 3.8% to $86.96, reflecting investor confidence in the company's long-term prospects.

Oshkosh Corporation (NYSE:OSK) is a well-known manufacturer of specialty vehicles and vehicle bodies. The company operates in various segments, including Access Equipment, Defense, Fire & Emergency, and Commercial. Oshkosh is recognized for its innovative products and services, catering to both commercial and military markets. It faces competition from companies like Terex Corporation and Navistar International.

On May 6, 2025, Citigroup maintained its "Buy" rating for OSK, with a "hold" action, indicating confidence in the stock's potential. At that time, the stock price was $88.27. Citigroup also raised its price target for Oshkosh from $95 to $105, as highlighted by TheFly. This suggests optimism about the company's future performance despite recent challenges.

Oshkosh reported weaker-than-expected earnings for the first quarter, with adjusted earnings of $1.92 per share, missing market estimates of $2.05 per share. The company's quarterly sales were $2.31 billion, below the anticipated $2.41 billion. Despite this, John Pfeifer, president and CEO, expressed satisfaction with the company's start to 2025, citing strong performance in the Vocational segment and double-digit margins in the Access segment.

Following the earnings announcement, Oshkosh shares rose by 3.8% to $86.96, reflecting investor confidence in the company's long-term prospects. Analysts have adjusted their price targets for Oshkosh in response to the earnings report. The current stock price of OSK is $88.70, showing a decrease of 1.02% with a change of $0.91. Today, the stock has traded between a low of $87.54 and a high of $89.22.

Oshkosh's market capitalization stands at approximately $5.71 billion, with a trading volume of 99,111 shares on the NYSE. Over the past year, OSK has reached a high of $123.25 and a low of $76.82. Despite recent earnings challenges, the company's strong business portfolio and resilient operating model continue to support its market position.

• Citigroup maintains a "Buy" rating for Oshkosh Corporation (NYSE:OSK), raising its price target from $95 to $105.
• Oshkosh reports weaker-than-expected earnings for the first quarter, with adjusted earnings of $1.92 per share and quarterly sales of $2.31 billion.
• Despite the earnings miss, shares rose by 3.8% to $86.96, reflecting investor confidence in the company's long-term prospects.

Oshkosh Corporation (NYSE:OSK) is a well-known manufacturer of specialty vehicles and vehicle bodies. The company operates in various segments, including Access Equipment, Defense, Fire & Emergency, and Commercial. Oshkosh is recognized for its innovative products and services, catering to both commercial and military markets. It faces competition from companies like Terex Corporation and Navistar International.

On May 6, 2025, Citigroup maintained its "Buy" rating for OSK, with a "hold" action, indicating confidence in the stock's potential. At that time, the stock price was $88.27. Citigroup also raised its price target for Oshkosh from $95 to $105, as highlighted by TheFly. This suggests optimism about the company's future performance despite recent challenges.

Oshkosh reported weaker-than-expected earnings for the first quarter, with adjusted earnings of $1.92 per share, missing market estimates of $2.05 per share. The company's quarterly sales were $2.31 billion, below the anticipated $2.41 billion. Despite this, John Pfeifer, president and CEO, expressed satisfaction with the company's start to 2025, citing strong performance in the Vocational segment and double-digit margins in the Access segment.

Following the earnings announcement, Oshkosh shares rose by 3.8% to $86.96, reflecting investor confidence in the company's long-term prospects. Analysts have adjusted their price targets for Oshkosh in response to the earnings report. The current stock price of OSK is $88.70, showing a decrease of 1.02% with a change of $0.91. Today, the stock has traded between a low of $87.54 and a high of $89.22.

Oshkosh's market capitalization stands at approximately $5.71 billion, with a trading volume of 99,111 shares on the NYSE. Over the past year, OSK has reached a high of $123.25 and a low of $76.82. Despite recent earnings challenges, the company's strong business portfolio and resilient operating model continue to support its market position.

• The consensus price target for Oshkosh Corporation (NYSE:OSK) has seen fluctuations, with a recent adjustment to $120, indicating a cautious outlook from analysts.
• Wells Fargo's price target of $104 suggests a potential downside, contrasting with a general analyst consensus of a 25.1% upside, driven by positive earnings estimate revisions.
• Oshkosh's upcoming earnings report and strategic directions discussed in the Q4 2024 earnings call are crucial for investors to watch, as they could significantly impact the company's stock performance and valuation.

Oshkosh Corporation (NYSE:OSK) is a global leader in designing and manufacturing specialty vehicles and vehicle bodies. The company operates through segments like Access Equipment, Defense, Fire & Emergency, and Commercial, serving industries from construction to defense. Oshkosh's diverse portfolio positions it as a key player in the specialty vehicle market, competing with companies like Terex and Navistar.

The consensus price target for Oshkosh has experienced fluctuations over the past year. A year ago, the target was $117.75, which increased to $125 last quarter, reflecting a positive outlook from analysts. However, the target has recently decreased to $120, suggesting a more cautious stance. This shift may be influenced by analysts predicting a decline in earnings for Oshkosh in its upcoming report, as highlighted by Zacks.

Wells Fargo has set a price target of $104 for Oshkosh, indicating a potential downside from the current consensus. This target reflects the expectation that Oshkosh may not meet the necessary factors for an earnings beat. Despite this, Wall Street analysts suggest a potential upside of 25.1% for Oshkosh, driven by positive trends in earnings estimate revisions, as noted by Zacks.

Investors should monitor Oshkosh's upcoming earnings reports and any significant company announcements. These factors can influence analysts' price targets and provide insights into the company's financial health. The recent Q4 2024 earnings call, featuring key company leaders and analysts from major financial institutions, highlighted Oshkosh's strategic direction and market position.

Oshkosh is currently viewed as a potential value stock, with the Zacks Rank system emphasizing earnings estimates and revisions. This analysis considers trends in value, growth, and momentum to identify strong investment opportunities. As the report date approaches, investors should be prepared for key expectations and potential changes in Oshkosh's stock performance.

Deutsche Bank reaffirmed its Buy rating and a price target of $99.00 for Oshkosh (NYSE:OSK), labeling the stock a 'Catalyst Call: Buy Idea'. The analysts noted that Oshkosh has significantly underperformed its industry group this year, with a 6% decline in its share price compared to an 11% median gain for the coverage universe.

However, the analysts see potential for Oshkosh to deliver a substantial earnings-per-share (EPS) beat this quarter, as the company improves its execution after a challenging period in 2021-22. The analysts attribute this improvement to ongoing enhancements in the supply chain, which they believe will enable Oshkosh to achieve volume growth beyond its current guidance.

Anticipating a significant beat, the analysts also expect the company to raise its full-year EPS guidance. Their forecast for 2023 stands at $6.42 EPS, well above the current Street estimate of $6.16.

Deutsche Bank reaffirmed its Buy rating and a price target of $99.00 for Oshkosh (NYSE:OSK), labeling the stock a 'Catalyst Call: Buy Idea'. The analysts noted that Oshkosh has significantly underperformed its industry group this year, with a 6% decline in its share price compared to an 11% median gain for the coverage universe.

However, the analysts see potential for Oshkosh to deliver a substantial earnings-per-share (EPS) beat this quarter, as the company improves its execution after a challenging period in 2021-22. The analysts attribute this improvement to ongoing enhancements in the supply chain, which they believe will enable Oshkosh to achieve volume growth beyond its current guidance.

Anticipating a significant beat, the analysts also expect the company to raise its full-year EPS guidance. Their forecast for 2023 stands at $6.42 EPS, well above the current Street estimate of $6.16.