Oshkosh (NYSE:OSK) Issues FY 2026 Earnings Guidance

Key Points

• Oshkosh issued FY 2026 guidance of EPS $11.50 and revenue $11.0 billion, both modestly above consensus estimates (EPS ~$11.20; revenue ~$10.9B).
• Q1 results showed EPS of $0.85 (versus a ~\$1.04 consensus) with revenue of $2.32B roughly in line, and the stock fell about $15.88 on elevated trading volume after the release.
• Analyst sentiment is broadly positive—MarketBeat lists a consensus target of ~$165.56 and an average rating of "Moderate Buy"—and the company trades at a P/E of ~13.7 with low leverage (debt-to-equity ~0.24).

Oshkosh (NYSE:OSK - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 11.500-11.500 for the period, compared to the consensus EPS estimate of 11.200. The company issued revenue guidance of $11.0 billion-$11.0 billion, compared to the consensus revenue estimate of $10.9 billion.

Oshkosh Price Performance

Shares of OSK traded down $15.88 during midday trading on Friday, reaching $137.18. The stock had a trading volume of 1,118,173 shares, compared to its average volume of 739,298. The company's 50-day moving average is $151.80 and its 200 day moving average is $144.33. Oshkosh has a 12-month low of $90.74 and a 12-month high of $180.49. The company has a current ratio of 1.94, a quick ratio of 1.05 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $8.59 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 0.80 and a beta of 1.33.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $1.04 by ($0.19). The firm had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.29 billion. Oshkosh had a net margin of 6.21% and a return on equity of 15.69%. The business's quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities analysts predict that Oshkosh will post 11.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on OSK shares. DA Davidson upped their price objective on shares of Oshkosh from $160.00 to $168.00 and gave the company a "buy" rating in a research note on Monday, February 2nd. Citigroup downgraded shares of Oshkosh from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $180.00 to $170.00 in a research note on Monday, April 13th. UBS Group upped their price target on shares of Oshkosh from $167.00 to $197.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Robert W. Baird set a $182.00 price objective on Oshkosh in a report on Friday, January 30th. Finally, Wall Street Zen raised Oshkosh from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Oshkosh currently has an average rating of "Moderate Buy" and a consensus target price of $165.56.

Insider Transactions at Oshkosh

In related news, SVP Anupam Khare sold 4,000 shares of the company's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $169.07, for a total transaction of $676,280.00. Following the completion of the transaction, the senior vice president owned 13,577 shares in the company, valued at $2,295,463.39. This represents a 22.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.64% of the stock is currently owned by company insiders.

Key Headlines Impacting Oshkosh

Here are the key news stories impacting Oshkosh this week:

• Positive Sentiment: Revenue roughly met/beat expectations — Oshkosh reported $2.32B in Q1 sales (up ~0.2% y/y), which came in slightly above some analyst forecasts and shows top-line stability amid the mix shift. MarketBeat Earnings
• Positive Sentiment: Financial position remains solid — the company carries low leverage (debt-to-equity ~0.24) and reasonable liquidity metrics, which supports balance-sheet stability through cyclical demand swings. (Background company metrics)
• Neutral Sentiment: Analysts entered the quarter with revised expectations and mixed ratings — several forecasters adjusted models ahead of the print, so some of the market move reflects updated consensus rather than new surprise information. Benzinga
• Neutral Sentiment: Company provided conference call materials and a slide deck for investors — additional color is available from management’s remarks and the transcript for those looking for segment-level detail or backlog comments. Earnings Transcript (Yahoo)
• Negative Sentiment: EPS significantly missed consensus — Oshkosh reported $0.85 EPS vs. a ~$1.04 consensus, a large decline from $1.92 a year ago. The EPS shortfall is the central reason traders marked down the stock after the release. Zacks
• Negative Sentiment: Market reaction: the stock traded down on the print with elevated volume as investors re-priced near-term profitability prospects and absorbed the EPS miss despite the revenue beat. MSN

Institutional Investors Weigh In On Oshkosh

A number of large investors have recently modified their holdings of the stock. Global Retirement Partners LLC lifted its holdings in Oshkosh by 284.9% in the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company's stock worth $51,000 after buying an additional 302 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Oshkosh by 30.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 594 shares of the company's stock worth $67,000 after acquiring an additional 140 shares during the period. Brown Brothers Harriman & Co. raised its position in shares of Oshkosh by 610.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 753 shares of the company's stock worth $95,000 after acquiring an additional 647 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Oshkosh in the 2nd quarter worth approximately $89,000. Finally, UMB Bank n.a. lifted its stake in shares of Oshkosh by 20.9% in the 4th quarter. UMB Bank n.a. now owns 820 shares of the company's stock valued at $103,000 after purchasing an additional 142 shares during the period. Institutional investors own 92.36% of the company's stock.

About Oshkosh

Oshkosh Corporation NYSE: OSK is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company's offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.

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