Oklahoma Selects Aramark as New Food Service Provider
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Should l Buy ARMK?
The Oklahoma Department of Corrections announced on Friday that it has selected Aramark as its new agencywide food service provider after a competitive procurement process designed to ensure quality, efficiency and accountability in correctional facility operations. "The new contract will support food service operations across ODOC facilities, better serving our inmate population and enhancing safety and security. The transition to the new provider is planned to happen in phases to ensure ongoing service and minimal disruption to facility operations." Justin Farris, director of the Oklahoma Department of Corrections, said: "Choosing the right partner helps us streamline operations, support staff and improve the quality and consistency of meals provided to inmates."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ARMK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ARMK
Wall Street analysts forecast ARMK stock price to rise
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 44.970
Low
43.00
Averages
45.38
High
49.00
Current: 44.970
Low
43.00
Averages
45.38
High
49.00
About ARMK
Aramark serves educational institutions, Fortune 500 companies, world champion sports teams, healthcare providers, destinations and cultural attractions, and numerous municipalities in approximately 16 countries around the world with food and facilities management. The Company’s segments include Food and Support Services United States (FSS United States) and Food and Support Services International (FSS International). Its FSS United States segment operations focus on serving clients in five principal sectors: Business & Industry, Education, Healthcare, Sports, Leisure & Corrections and Facilities & Other. Its FSS International segment provides a similar range of services as those provided to its FSS United States clients and operates in the same sectors. Its services include food services, facilities management, refreshments, hospitality management, and supply chain services. Its food services brands include Student Nutrition, Collegiate Hospitality, and Harvest Table Culinary Group.
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.
Aramark Launches New Platform for AI Data Center Market
- Market Entry: Aramark formally enters the rapidly growing AI data center market by signing a multi-year agreement with a top global hyperscaler to provide comprehensive hospitality and facilities services, with revenue expected to begin this fiscal year, marking a strategic move into an infrastructure-driven sector.
- Platform Launch: The newly launched Aramark Nexus™ platform aims to deliver integrated hospitality and workforce support services for hyperscale AI data centers and other large-scale remote operating environments, enhancing workforce wellbeing and operational efficiency through a single, end-to-end operating model.
- Service Scope: The initial engagement encompasses a large-scale workforce campus spanning hundreds of acres and supporting thousands of workers, providing employee housing, modern dining and entertainment amenities, transportation to construction sites, and full housekeeping services, all delivered through a unified management structure to ensure operational efficiency.
- Global Expansion Potential: While the initial project is based in the United States, the Aramark Nexus model is designed for global scalability to meet the growing demand for AI data center infrastructure, showcasing the company's capability to consolidate service delivery in complex environments.
See More
Aramark to Host Q2 Fiscal 2026 Earnings Call
- Earnings Call Announcement: Aramark has announced a conference call scheduled for May 12, 2026, at 8:30 a.m. ET to review its Q2 fiscal 2026 results, highlighting the company's commitment to transparency and investor communication.
- Pre-Call News Release: A news release containing the earnings results will be issued prior to the call, ensuring that investors receive key information ahead of the meeting, which may enhance market expectations regarding the company's performance.
- Diverse Participation Options: Investors can listen to the call live via the Aramark Investor Relations website, and registered participants will receive a personalized PIN for dial-in access, reflecting the company's focus on facilitating investor engagement.
- Replay and Material Access: After the call, a replay and related earnings materials will be available in the Archives section of the website, ensuring that investors who cannot attend live can still access important information, thereby enhancing information accessibility.
See More
Aramark's Global Service Day Activities
- Global Volunteer Service: On April 16, Aramark will host its Global Service Day, with thousands of employees expected to participate across the U.S. and 12 countries, supporting over 100 community organizations, reflecting the company's long-term commitment to community engagement.
- U.S. Signature Projects: In Philadelphia, 250 volunteers will beautify the city in preparation for the 250th anniversary of the Declaration of Independence, while teams in West Philadelphia will build garden beds and walking paths to enhance the community environment.
- International Highlights: In Canada, employees will assemble hygiene kits and serve hot meals to the homeless; in Chile, volunteers will prepare over 600 meals and revitalize a preschool playground, showcasing Aramark's global impact.
- Community Impact: Since 2008, Aramark's Building Community initiative has engaged over 80,000 employee volunteers and impacted more than 2 million children and families, demonstrating the company's proactive approach to social responsibility.
See More
ARAMARK: UBS Increases Target Price to $48, Up from $47
- Price Increase Announcement: UBS has raised its price target for Aramark from $47 to $48.
- Market Implications: This adjustment reflects UBS's positive outlook on Aramark's performance in the market.
See More
Piper Sandler Warns Investors to Avoid These Stocks
- Market Performance Analysis: Piper Sandler highlights that while energy stocks have surged due to the war with Iran, with the State Street Energy Select Sector SPDR ETF (XLE) up 33% year-to-date, the S&P 500 Index has declined by 3.8%, indicating market uncertainty.
- Cushman & Wakefield Risks: Real estate services firm Cushman & Wakefield has seen its stock drop 23% year-to-date, viewed as a potential victim of AI impacts, yet 7 out of 11 analysts rate it a strong buy or buy, with an average price target suggesting nearly 43% upside.
- Uber Investment Challenges: Uber is flagged as a potential underperformer; despite a $1.25 billion deal with Rivian to deploy 50,000 self-driving cars, its shares have fallen 12% in 2026, reflecting market concerns about its future performance.
- Aramark's Outlook: Despite risks, Aramark's stock is up 15% year-to-date, with JPMorgan listing it as a favorite, and analysts predict an average gain of over 10% based on consensus price targets, indicating strong market confidence.
See More
JPMorgan Updates Top Tech Stock Picks Amid Market Volatility
- New Tech Picks: JPMorgan added software companies JFrog and Palo Alto Networks to its top stock picks in April, indicating optimism for AI-related stocks, despite JFrog's 23% year-to-date decline, analysts believe it has significant AI growth potential.
- Market Rally: Following reports of a potential end to the Middle East conflict, all three major indexes posted gains on the last day of March, marking their best daily performance since May, even as oil prices fluctuated above $100 per barrel due to the war.
- Aramark's Return: JPMorgan reinstated food, uniform, and facilities provider Aramark to its top picks after the company provided a
See More
Aramark Launches New Platform for AI Data Center Market
- Market Entry: Aramark formally enters the rapidly growing AI data center market by signing a multi-year agreement with a top global hyperscaler to provide comprehensive hospitality and facilities services, with revenue expected to begin this fiscal year, marking a strategic move into an infrastructure-driven sector.
- Platform Launch: The newly launched Aramark Nexus™ platform aims to deliver integrated hospitality and workforce support services for hyperscale AI data centers and other large-scale remote operating environments, enhancing workforce wellbeing and operational efficiency through a single, end-to-end operating model.
- Service Scope: The initial engagement encompasses a large-scale workforce campus spanning hundreds of acres and supporting thousands of workers, providing employee housing, modern dining and entertainment amenities, transportation to construction sites, and full housekeeping services, all delivered through a unified management structure to ensure operational efficiency.
- Global Expansion Potential: While the initial project is based in the United States, the Aramark Nexus model is designed for global scalability to meet the growing demand for AI data center infrastructure, showcasing the company's capability to consolidate service delivery in complex environments.
See More
Aramark to Host Q2 Fiscal 2026 Earnings Call
- Earnings Call Announcement: Aramark has announced a conference call scheduled for May 12, 2026, at 8:30 a.m. ET to review its Q2 fiscal 2026 results, highlighting the company's commitment to transparency and investor communication.
- Pre-Call News Release: A news release containing the earnings results will be issued prior to the call, ensuring that investors receive key information ahead of the meeting, which may enhance market expectations regarding the company's performance.
- Diverse Participation Options: Investors can listen to the call live via the Aramark Investor Relations website, and registered participants will receive a personalized PIN for dial-in access, reflecting the company's focus on facilitating investor engagement.
- Replay and Material Access: After the call, a replay and related earnings materials will be available in the Archives section of the website, ensuring that investors who cannot attend live can still access important information, thereby enhancing information accessibility.
See More
Aramark's Global Service Day Activities
- Global Volunteer Service: On April 16, Aramark will host its Global Service Day, with thousands of employees expected to participate across the U.S. and 12 countries, supporting over 100 community organizations, reflecting the company's long-term commitment to community engagement.
- U.S. Signature Projects: In Philadelphia, 250 volunteers will beautify the city in preparation for the 250th anniversary of the Declaration of Independence, while teams in West Philadelphia will build garden beds and walking paths to enhance the community environment.
- International Highlights: In Canada, employees will assemble hygiene kits and serve hot meals to the homeless; in Chile, volunteers will prepare over 600 meals and revitalize a preschool playground, showcasing Aramark's global impact.
- Community Impact: Since 2008, Aramark's Building Community initiative has engaged over 80,000 employee volunteers and impacted more than 2 million children and families, demonstrating the company's proactive approach to social responsibility.
See More
ARAMARK: UBS Increases Target Price to $48, Up from $47
- Price Increase Announcement: UBS has raised its price target for Aramark from $47 to $48.
- Market Implications: This adjustment reflects UBS's positive outlook on Aramark's performance in the market.
See More
Piper Sandler Warns Investors to Avoid These Stocks
- Market Performance Analysis: Piper Sandler highlights that while energy stocks have surged due to the war with Iran, with the State Street Energy Select Sector SPDR ETF (XLE) up 33% year-to-date, the S&P 500 Index has declined by 3.8%, indicating market uncertainty.
- Cushman & Wakefield Risks: Real estate services firm Cushman & Wakefield has seen its stock drop 23% year-to-date, viewed as a potential victim of AI impacts, yet 7 out of 11 analysts rate it a strong buy or buy, with an average price target suggesting nearly 43% upside.
- Uber Investment Challenges: Uber is flagged as a potential underperformer; despite a $1.25 billion deal with Rivian to deploy 50,000 self-driving cars, its shares have fallen 12% in 2026, reflecting market concerns about its future performance.
- Aramark's Outlook: Despite risks, Aramark's stock is up 15% year-to-date, with JPMorgan listing it as a favorite, and analysts predict an average gain of over 10% based on consensus price targets, indicating strong market confidence.
See More
JPMorgan Updates Top Tech Stock Picks Amid Market Volatility
- New Tech Picks: JPMorgan added software companies JFrog and Palo Alto Networks to its top stock picks in April, indicating optimism for AI-related stocks, despite JFrog's 23% year-to-date decline, analysts believe it has significant AI growth potential.
- Market Rally: Following reports of a potential end to the Middle East conflict, all three major indexes posted gains on the last day of March, marking their best daily performance since May, even as oil prices fluctuated above $100 per barrel due to the war.
- Aramark's Return: JPMorgan reinstated food, uniform, and facilities provider Aramark to its top picks after the company provided a
See More
