Oshkosh Corp rises amid sector rotation despite market trends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Jan 26
Source: Benzinga
Oshkosh Corp's stock increased by 5.01% as it crossed above the 5-day SMA, indicating a positive price movement.
This rise is attributed to sector rotation, as the broader market showed mixed signals with the Nasdaq-100 down 0.26% while the S&P 500 gained 0.06%. Investors appear to be shifting their focus towards logistics companies, benefiting Oshkosh Corp despite the overall market's performance.
The stock's upward movement suggests a potential shift in investor sentiment, highlighting the resilience of Oshkosh Corp in a fluctuating market environment.
Analyst Views on OSK
Wall Street analysts forecast OSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OSK is 152.40 USD with a low forecast of 132.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 146.160
Low
132.00
Averages
152.40
High
180.00
Current: 146.160
Low
132.00
Averages
152.40
High
180.00
About OSK
Oshkosh Corporation is an industrial company focused on the designing, development and manufacturing of purpose-built vehicles and equipment. It operates through three segments. Access segment designs and manufactures access and material handling equipment for use in a range of construction, industrial, agricultural, vegetation management, and maintenance applications to position workers and materials at height under brands, JLG and SkyTrak. The segment's customer base includes equipment rental companies, construction contractors, manufacturing companies and home improvement centers. The segment also includes Jerr-Dan towing and recovery vehicles. Defense segment designs, manufactures and sustains specialty vehicles and mobility systems for the United States Department of Defense and exports tactical wheeled vehicles to approved foreign customers. Vocational segment includes the Pierce, Maxi-Metal, McNeilus, AeroTech, IMT, Frontline Communications and Oshkosh S-Series businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
