Oshkosh Corp's stock fell 5.01% as it hit a 5-day low amid broader market declines, with the Nasdaq-100 down 1.35% and the S&P 500 down 0.72%.
The company's Q4 earnings report revealed a non-GAAP EPS of $2.26, missing expectations by $0.05, but revenue of $2.69 billion exceeded forecasts by $90 million, indicating resilience in revenue growth. Additionally, Oshkosh Defense secured a $53 million order from the U.S. Army for Common Bridge Transporters, which may bolster future performance despite a cautious outlook on profitability with 2026 EPS guidance below consensus.
This mixed earnings report, combined with the dividend increase, reflects Oshkosh's ongoing efforts to manage profitability and cash flow, but the stock's decline suggests investor concerns about future earnings potential amid market uncertainties.
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
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.
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
Wells Fargo
NULL -> Overweight
maintain
$144 -> $168
2026-01-23
Reason
Wells Fargo
Price Target
$144 -> $168
AI Analysis
2026-01-23
maintain
NULL -> Overweight
Reason
Wells Fargo raised the firm's price target on Oshkosh to $168 from $144 and keeps an Overweight rating on the shares. The firm reiterates its positive outlook for the Machinery, Industrials & Environmental Services space heading into earnings. Wells argues the Machinery supply-driven recovery is broadening to new equipment, non-residential lead indicators are accelerating, and cash conversion is improving.
UBS
Buy
maintain
$165 -> $163
2026-01-05
Reason
UBS
Price Target
$165 -> $163
2026-01-05
maintain
Buy
Reason
UBS lowered the firm's price target on Oshkosh to $163 from $165 and keeps a Buy rating on the shares. The U.S. economy appears weaker than a year ago with slower GDP growth, higher unemployment, and fewer jobs, but the machinery and industrial sector is in better shape with stabilized demand, lower inventories, and reduced tariff uncertainty, supported by potential growth catalysts such as One Big Beautiful Bill provisions benefiting consumers, the analyst tells investors in a research note.
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Bernstein
Market Perform
maintain
$132 -> $140
2025-12-19
Reason
Bernstein
Price Target
$132 -> $140
2025-12-19
maintain
Market Perform
Reason
Bernstein raised the firm's price target on Oshkosh to $140 from $132 and keeps a Market Perform rating on the shares. Discussing the sector, the firm notes that fundamentally speaking, 2025 was challenging with street estimates falling 5%-10% and core end markets going through a classic cyclical downturn. 2026 should be a recovery year driven by monetary and fiscal policy alignment, which restart positive estimate revisions - low-/mid-single digit upside, Bernstein argues.
Argus
Buy
downgrade
$175 -> $160
2025-12-10
Reason
Argus
Price Target
$175 -> $160
2025-12-10
downgrade
Buy
Reason
Argus lowered the firm's price target on Oshkosh to $160 from $175 but keeps a Buy rating on the shares. The company is seeing success with the adoption of its electric vocational vehicles and has been expanding its capacity to meet demand, the analyst tells investors in a research note. While the recent macroeconomic conditions have weighed on results, Argus expects benefits in 2026 from production ramps in the Vocational and Defense segments, recent U.S. Government awards, and higher demand from customers amid lower rates, the firm added.
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.
