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.
